Third Preference Clause Samples

The "Third Preference" clause establishes a priority ranking, typically designating a party, claim, or right as third in line after two others. In practice, this means that the third preference will only be considered or satisfied after the first and second preferences have been addressed, such as in the distribution of assets, allocation of benefits, or order of payment. This clause is essential for clarifying the order of precedence among multiple parties or claims, thereby reducing disputes and ensuring an orderly process for handling obligations or entitlements.
Third Preference. That bargaining unit member shall be given preference who is taking a course that is not part of a degree-granting program and has not used a fee waiver in the last two (2) semesters. In the event that the demand for fee waivers exceeds supply, that bargaining unit member with highest seniority shall receive preference.
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Third Preference. Group C (i) students in a department or program in which the TAship will be offered; or (ii) students in an interdisciplinary program with TA budget resources, and for whom (iii) the TAship will not form part of the funding commitment offered by the Employer; or (iv) there is currently no funding commitment provide by the Employer.
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Third Preference. Group C Is for qualified graduate students registered as: (i) students in a department or program in which the TAship will be offered; or (ii) students in an interdisciplinary program with TA budget resources, and for whom (iii) the TAship will not form part of the funding commitment offered by the Employer; or (iv) there is currently no funding commitment provide by the Employer.
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Third Preference. Alternate Options - place a check next to the additional dates you can exhibit if you are not selected in a lottery (if needed.)  Wednesday, June 23  Wednesday, July 14  Wednesday, August 4  Wednesday, August 25  Wednesday, June 30  Wednesday, July 21  Wednesday, August 11  Wednesday, September 1  Wednesday, July 7  Wednesday, July 28  Wednesday, August 18
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Third Preference. That bargaining unit member shall be given preference who is taking a course that is not part of a degree-granting program and has not used a fee waiver in the last three (3) quarters.
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Related to Third Preference

  • BID PREFERENCE In accordance with the Minority Women Owned Business Enterprise (MWBE) Ordinance, award of a contract resulting from this Invitation for Bids may be made to the lowest responsive and responsible Orange County certified MWBE bidder provided that the bid does not exceed the overall lowest responsive and responsible bidder by the following percentages for the bid amounts listed: A. 8% - Bids Up To $100,000 In accordance with the Registered Service Disabled Veteran Business Ordinance, award of a contract resulting from this Invitation for Bids may be made to the lowest responsive and responsible registered prime Service Disabled Veteran bidder provided that the bid does not exceed the overall lowest responsive and responsible bidder by the following percentages for the bid amounts listed: A. 8% - Bids Up To $100,000

  • Shift Preference 200 Shift preference will be granted on the basis of seniority within the classification as openings occur. The transfer to the desired shift will be effected within two (2) weeks following the end of the current pay period within which a written request is made, provided the employee can do the work. a. An employee who is assigned to a specific shift based on his/her request shall remain assigned to that shift and not be eligible for another shift preference transfer for a period of six (6) months.

  • Ohio Preference The Recipient shall, to the extent practicable, use and shall cause all of its Contractors and subcontractors to use Ohio products, materials, services and labor in connection with the Project pursuant to Section 164.05(A)(6) of the Revised Code;

  • Series A Preferred Stock The Series A Preferred Stock shall have the following rights, preferences and limitations: i. The Series A Preferred Stock shall have a liquidation preference of $100 per share or an aggregate liquidation preference of $6.4 million. The liquidation preference shall be senior to all other securities of the Company including the Series B, C and D Preferred Stock described below and the Common Stock. ii. The Series A Preferred Stock shall not have specified dividends but shall be entitled to participate on an as-converted basis in any dividends paid on the Common Stock of the Company or the Series B, C or D Preferred Stock. iii. The Series A Preferred Stock shall not be subject to mandatory redemption at the election of the Investors but shall be subject to redemption at a redemption price of $100 per share by the Company at any time on or after ten (10) years after the original date of issuance. iv. The Series A Preferred Stock shall be convertible into shares of Common Stock at a conversion price of $1.00 per share. Each share of Series A Preferred Stock shall be initially convertible into 100 shares of Common Stock based on the $100 liquidation preferential amount thereof. The conversion price and number of shares will be subject to customary anti-dilution adjustments for stock splits, share dividends, recapitalizations, stock issuances, etc., with the anti-dilution adjustment for the issuance of shares at less than the conversion price being determined on the "weighted average method." v. Subject to the provisions of Section 3A hereof, the Series A Preferred Stock, voting as a single class, shall be entitled to elect a majority (4) of the Board of Directors. On all other matters, the holders of the Series A Preferred Stock shall vote together with the holders of the Common Stock and the Series B, C and D Preferred Stock and shall be entitled to cast one vote for each share of Common Stock into which the Series A Preferred Stock is convertible. vi. The approval of the Series A Preferred Stock, voting as a separate class, shall be required for the issuance of any securities having liquidation or other rights senior or superior or equal in any respect to the rights of the Series A Preferred Stock.

  • Series B Preferred Stock 1 Shares.......................................................................1