The Election Process Sample Clauses

The Election Process a. The Faculty Senate Chair, or designee, will oversee confidential electronically controlled balloting distributed to all eligible voters.
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The Election Process. 14 AMENDED JOINT DISCLOSURE STATEMENT WITH RESPECT TO AMENDED JOINT PLAN OF REORGANIZATION OF DOW CORNING CORPORATION
The Election Process. Personal Injury Claimants will have six months from the Effective Date of the Plan to elect whether to settle or to "opt out" and litigate their Claims. As soon as practicable after this Personal Injury Claimant "opt-out" deadline, Health Care Providers will be provided with a copy of the list of Non-Settling Personal Injury Claimants to enable the Health Care Providers to determine which of their patients have elected to continue to litigate their Personal Injury Claims. In addition to the list of Non-Settling Personal Injury Claimants, each Health Care Provider will be provided with an election form setting forth the process by which Health Care Providers may elect to settle or litigate their Claims. Health Care Providers will have 45 days from the date of service of the list of Non-Settling Personal Injury Claimants to return the election form indicating whether they have conditionally elected to settle, subject to the District Court's determination of the motion to transfer the Non-Settling Personal Injury Claims, or have elected to litigate their Claims. Health Care Providers who fail to return the form will be deemed to have conditionally elected to settle. Within 30 days after the service of the District Court's order disposing of such motion to transfer, Health Care Providers must make their conditional election to settle final. Any Health Care Provider who fails timely to revoke its conditional election to settle shall be deemed to have made a final election to settle. A Health Care Provider who is deemed to have made a final election to settle agrees to settle ALL Claims related to Products Liability Claims that such Health Care Provider has against Dow Corning and the other Released Parties. A Health Care Provider who elects the litigation option has decided by such election to litigate ALL Claims that the Health Care Provider has against Dow Corning relating to Products Liability Claims. HEALTH CARE PROVIDERS WHO DO NOT AFFIRMATIVELY ELECT TO LITIGATE SHALL HAVE SETTLED ALL OF THEIR RESPECTIVE CLAIMS. D. RECOMMENDATION REGARDING PLAN. Counsel for various of the Health Care Providers have reviewed the terms of the Plan and its treatment of Health Care Providers. Based upon such review, counsel is recommending acceptance of the Plan by their respective clients. 4. CLAIMS IN CLASSES 14 AND 14A. Domestic Health Insurers have the option to settle their Claims pursuant to the Domestic Health Insurer Settlement Agreement and receive payments in cash o...

Related to The Election Process

  • Election Procedure (a) Each person who, on or prior to the Election Date, is a registered holder of Shares, other than Excluded Shares, shall be entitled to specify the number of such holder’s Shares with respect to which such holder makes a Mixed Election, a Cash Election or a Stock Election by complying with the procedures set forth in this Section 4.3.

  • Selection Process The Mortgage Loans were selected from among the outstanding one- to four-family mortgage loans in the Seller's portfolio at the related Closing Date as to which the representations and warranties set forth in Subsection 9.02 could be made and such selection was not made in a manner so as to affect adversely the interests of the Purchaser;

  • Election Procedures Each holder of record of shares of Company Common Stock (“Holder”) shall have the right, subject to the limitations set forth in this Article II, to submit an election in accordance with the following procedures:

  • Enrollment Process The Department may, at any time, revise the enrollment procedures. The Department will advise the Contractor of the anticipated changes in advance whenever possible. The Contractor shall have the opportunity to make comments and provide input on the changes. The Contractor will be bound by the changes in enrollment procedures.

  • Application Process The employees wishing to enter into a job share arrangement will apply in writing to the Employer and forward a copy to the Union outlining the proposed commencement date of the job share, how the hours and days of work will be shared and how communication and continuity of work will be maintained. The Employer shall communicate a decision on a job share request in writing to the applicants. Applications to Job Sharing shall not be unreasonably denied.

  • Verification Procedure (1) The signature file of each processed file is validated.

  • Selection Procedure 10.2.4.1 Internal applicants shall be defined as all applicants with seniority in accordance with Article 12.5.

  • Section 83(b) Election Purchaser understands that Section 83(a) of the Code, taxes as ordinary income the difference between the amount paid for the Stock and the fair market value of the Stock as of the date any restrictions on the Stock lapse. In this context, "restriction" includes the right of the Company to buy back the Stock pursuant to the Repurchase Option set forth in Section 2(a) above. Purchaser understands that Purchaser may elect to be taxed at the time the Stock is purchased, rather than when and as the Repurchase Option expires, by filing an election under Section 83(b) of the Code (an "83(b) Election") with the Internal Revenue Service in the form attached hereto as Exhibit C within thirty (30) days from the date the Stock is purchased. Even if the fair market value of the Stock at the time of the execution of this Agreement equals the amount paid for the Stock, the 83(b) Election must be made to avoid income under Section 83(a) of the Code in the future. Purchaser understands that failure to file such an 83(b) Election in a timely manner may result in adverse tax consequences for Purchaser. Purchaser further understands that an additional copy of such 83(b) Election is required to be filed with his or her federal income tax return for the calendar year in which the date of this Agreement falls. Purchaser acknowledges and understands that it is solely Purchaser's obligation and responsibility to timely file such 83(b) Election, and neither the Company nor the Company's legal or financial advisors shall have any obligation or responsibility with respect to such filing. Purchaser acknowledges that the foregoing is only a summary of the effect of United States federal income taxation with respect to purchase of the Stock hereunder and does not purport to be complete. Purchaser further acknowledges that the Company has directed Purchaser to seek independent advice regarding the applicable provisions of the Code, the income tax laws of any municipality, state or foreign country in which Purchaser may reside, and the tax consequences of Purchaser's death. Purchaser assumes all responsibility for filing an 83(b) Election and paying all taxes resulting from such election or the lapse of the restrictions on the Stock.

  • Request for Hearing The employee must file a written request for hearing within fifteen calendar days of receipt of the Notice of Dismissal or Suspension. Filing means receipt in the office designated no later than regular close of business on the last day of the filing period. Failure to file such request in a timely manner shall be deemed a waiver of the right to a hearing and the proposed action shall be effective upon action by the Governing Board without notice or hearing except as may be required in a board meeting agenda.

  • Section 336(e) Election If UTC determines, in its sole discretion, that one or more protective elections under Section 336(e) of the Code (each, a “Section 336(e) Election”) shall be made with respect to the Carrier Distribution, the Otis Distribution, and/or any of the Internal Distributions, the relevant SpinCo(s) shall (and shall cause any relevant member of such SpinCo Group(s) to) join with UTC and/or any relevant member of the UTC Group, as applicable, in the making of any such election and shall take any action reasonably requested by UTC or that is otherwise necessary to give effect to any such election (including making any other related election). If a Section 336(e) Election is made with respect to the Carrier Distribution, the Otis Distribution, and/or any of the Internal Distributions, then this Agreement shall be amended in such a manner as is determined by UTC in good faith to take into account such Section 336(e) Election(s), including by requiring that, in the event (a) any Contribution, Distribution, or Internal Distribution fails to have U.S. Tax-Free Status and (b) a Company (or such Company’s Group) that does not have exclusive responsibility pursuant to this Agreement for Tax-Related Losses arising from such failure actually realizes in cash a Tax Benefit from the step-up in Tax basis resulting from the relevant Section 336(e) Election(s), such Company shall pay over to the Company that has exclusive responsibility pursuant to this Agreement for such Tax-Related Losses any such Tax Benefits realized (provided, that, if such Tax-Related Losses are Shared Taxes or Taxes for which more than one Company is liable under Section 7.05(c)(i), the Company that actually realizes in cash the Tax Benefit resulting from the relevant Section 336(e) Election shall pay over to each of the other Companies responsible for such Taxes the percentage of any such Tax Benefits realized that corresponds to each such Company’s percentage share of such Taxes).

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