Term and Notice. Unless terminated pursuant to Section 5.2, the term of this Agreement shall extend to the later of (i) the distribution of the final payment or Liquidation Proceeds on the last Mortgage Loan to the Owner and (b) the disposition by the Servicer of all Mortgaged Properties acquired upon foreclosure of the last Mortgage Loan and the remittance of all funds due hereunder. Appointment of a successor Servicer shall be subject to the following conditions: (i) written confirmation from the Rating Agencies shall have been obtained that appointment of such successor servicer will not result in the qualification, reduction or withdrawal of any rating assigned to an outstanding Class of Securities, (ii) the Master Servicer shall have consented to such appointment, (iii) such successor Servicer shall have entered into a servicing agreement substantially similar to this Agreement and (iv) the successor Servicer shall be able to make the representations and warranties set forth in Article VII hereof on the date it commences servicing the Mortgage Loans.
Term and Notice. The term of this Agreement shall extend to the Termination Date (as defined in Section 10.01 of the Pooling and Servicing Agreement). At any time during the term hereof, Bayview may, without cause, by forty-five (45) days prior written notice to the Servicer, terminate this Agreement as to all but not less than all Mortgage Loans then being serviced. Bayview shall reimburse the Servicer and the Master Servicer for the reasonable costs and expenses associated with transfer of the servicing to a successor Servicer. Appointment of a successor Servicer by Bayview shall be subject to the following conditions: (i) written confirmation from the Rating Agencies shall have been obtained that appointment of such successor servicer will not result in the reduction or withdrawal of any rating assigned to an outstanding Class of Certificates, (ii) the Master Servicer shall have consented to such appointment and all applicable provisions of the Pooling and Servicing Agreement shall have been complied with, (iii) such successor Servicer shall have entered into a servicing agreement substantially similar to this Agreement. At any time during the term hereof, the Servicer may, without cause, by one hundred twenty (120) days prior written notice to Bayview, the Master Servicer and the Trustee, terminate this Agreement as to all but not less than all Mortgage Loans then being serviced; provided, however, the Servicer shall continue to service the Mortgage Loans notwithstanding the expiration of such one hundred twenty (120) day period until a successor servicer shall have been appointed in accordance with this Agreement and the Pooling and Servicing Agreement.
Term and Notice. 3.1 The terms of this Agreement and the provision of services to the Company during the course of the Executive’s employment by the Company shall commence on the date of the initial closing of the Merger and, subject to the provisions of clause 17, continue thereafter unless and until terminated by:
Term and Notice. The term of this Agreement shall extend to the Termination Date (as defined in Section 10.01 of the Pooling and Servicing Agreement). Appointment of a successor Servicer shall be subject to the following conditions: (i) written confirmation from the Rating Agencies shall have been obtained that appointment of such successor servicer will not result in the qualification, reduction or withdrawal of any rating assigned to an outstanding Class of Certificates if so provided in the Pooling and Servicing Agreement, (ii) the Master Servicer shall have consented to such appointment, as provided in the Pooling and Servicing Agreement, (iii) such successor Servicer shall have entered into a servicing agreement substantially similar to this Agreement and (iv) the successor Servicer shall be able to make the representations and warranties set forth in Article VII hereof on the date it commences servicing the Mortgage Loans.
Term and Notice. 3.1 The terms of this Amended and Restated Employment Agreement shall be deemed effective as of the Effective Date but the employment relationship between the Parties has commenced as of the date of the Prior Employment Agreement. Subject to the provisions of clause 17, this Agreement shall continue to be effective for an indefinite term unless and until terminated by:
Term and Notice a) This Agreement shall remain in effect for one (1) year commencing on the Effective Date and shall be automatically renewed for successive one (1)-year periods unless terminated earlier in accordance with the terms of this Agreement. Either party may immediately terminate this Agreement at any time by giving written notice to the other party.
Term and Notice. The License and privileges herein granted Licensee for the use and maintenance of the structures and/or crossing under this Agreement shall continue for so long and only so long as Licensee, its successors and assigns comply with the provision hereof. Licensee agrees that in case of any failure on the part of Licensee to fully perform the covenants and agreements to be performed hereunder, this License may be immediately revoked and terminated and the task performed by Licensor at Licensor’s sole election. Licensor agrees to give Licensee written notice of its election to Licensee addressed as follows: [INSERT CONTACT INFORMATION] or to such other person or persons as may be designated in writing by Licensee to receive such notice. Licensor’s election to terminate this Agreement and performance of Licensee’s task or removal of any crossing or structure hereunder shall not relieve Licensee of any liability hereunder for the costs and expenses to Licensor of Licensee’s breach of this Agreement or the costs and expense of removal.
Term and Notice. 3.1 The terms of this Agreement and the provision of services to the Company during the course of the Executive’s employment by the Company shall commence on the date of the initial closing of the Initial Public Offering of the Client (the ‘IPO Date’) and, subject to the provisions of clause 16, continue thereafter unless and until terminated by:
Term and Notice. This Agreement supersedes and replaces all previous agreements, and shall remain in full force and effect until midnight of April 30, 201922 and shall automatically continue in full force and effect from year to year thereafter unless written notice of desire to terminate or modify this Agreement is given by either party to the other in writing by registered mail post- marked at least ninety (90) days and no more than one hundred twenty (120) days prior to the aforesaid termination date or automatically continued termination date. If such notice is given, the Agreement shall terminate as of April 30, 201922. Executed this day of , 20142019. CITY OF XXXXXXXX INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, LOCAL 196 City Manager Business Manager EXHIBIT A WAGE SCHEDULE Effective 5/01/14 3% Months 0-6 mos. 7-18 19-30 00-00 00-00 Minor Maintenance 18.95 20.14 21.3 22.41 23.62 Operator 23.7 25.17 26.63 28.02 29.51 Lead Person 30.51 Xxxxxxx 32.51 Effective 5/01/15 3% Months 0-6 mos. 7-18 19-30 00-00 00-00 Minor Maintenance 19.52 20.74 21.94 23.08 24.33 Operator 24.41 25.93 27.43 28.86 30.40 Lead Person 31.40 Xxxxxxx 33.40 Effective 5/01/16 3.25% Months 0-6 mos. 7-18 19-30 00-00 00-00 Minor Maintenance 20.15 21.41 22.65 23.83 25.12 Operator 25.20 26.77 28.32 29.80 31.38 Lead Person 32.38 Xxxxxxx 34.38 Effective 5/01/17 3.25% Months 0-6 mos. 7-18 19-30 00-00 00-00 Minor Maintenance 20.8 22.11 23.39 24.6 25.93 Operator 26.02 27.64 29.24 30.77 32.4 Lead Person 33.4 Xxxxxxx 35.4 Effective 5/01/18 3.25% Months 0-6 mos. 7-18 19-30 00-00 00-00 Minor Maintenance 21.48 22.83 24.15 25.4 26.77 Operator 26.87 28.54 30.19 31.77 33.45 Lead Person 34.45 Xxxxxxx 36.45 * Operator/Mechanic: additional $.25 per hour when working as mechanic. ** Lead Person: 0-6 months in class $.50 per hour above Top Operator rate. Over 6 months in class $1.00 per hour above Top Operator rate. *** Xxxxxxx: 0-6 months in class $1.50 per hour above Top Operator rate. Over 6 months in class $3.00 per hour above Top Operator rate. EXHIBIT A WAGE SCHEDULE Effective 5/01/19 2.25% M onths 6 mos. 1yr 0xx 0xx 0xx Xx M Op M L Fo ounds Maintenance inor Maintenance 28.39 erator 34.20 echanic 34.95 ead Person 35.20 reman 37.20 Effective 1/01/20 2.25% M onths 6 mos. 1yr 2yr 3yr 4yr Grounds Maintenance Minor Maintenance 29.97 Operator 34.97 Mechanic 35.72 Lead Person 35.97 Xxxxxxx 37.97 Effective 1/01/21 2.75% M onths 6 mos. 1yr 2yr 3yr 4yr Grounds Maintenance Minor Maintenance 30.12 Operator 35.93 Mechanic 36.6...
Term and Notice. 3.1 The employment of the Executive shall commence on the date of this Agreement and, subject to the provisions of clause 16, continue thereafter unless and until terminated by:
