FIFTH STEP definition

FIFTH STEP. If the grievance is not settled in the third step above or fourth step (FMCS mediation) the Association may submit the grievance to final and binding arbitration by serving written notice of intent to arbitrate on the Board’s Superintendent within twelve (12) calendar days from the date of the FMCS mediation or if no mediation, the third step answer. All grievances noticed for arbitration shall, unless otherwise settled, be heard and decided by an arbitrator.
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FIFTH STEP. If the grievance is not satisfactorily adjusted in the Fourth Step, then within seven (7) normal business days after the decision of the Committee has been given to the Union, but not thereafter, the matter shall be disposed of as follows:
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FIFTH STEP. If not satisfactorily settled at Step 3 or Step 4, the grievance may be appealed to Arbitration. Either party’s right to process the grievance to arbitration shall be deemed waived and a demand for arbitration barred should the complaining party fail to submit a written demand for arbitration to the American Arbitration Association (AAA) within thirty (30) calendar days of the College’s decision as described above in Step 3. The Arbitrator shall be selected by the parties from a panel of arbitrators furnished by the AAA. Each party to this Agreement shall bear the expenses of preparing and presenting its own case. The fee and expense of the Arbitrator, together with any incidental expenses mutually agreed upon in advance, shall be borne equally by the parties hereto. The decision of the Arbitrator shall be final and binding upon both parties. It is understood that the Arbitrator shall have the power to modify on disciplinary cases, but shall be unable to modify the Agreement.
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More Definitions of FIFTH STEP

FIFTH STEP. In the event the Employer and the Union are unable to agree upon a settlement, they shall within ten
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FIFTH STEP. On the anniversary date which represents the commencement of the 25th year of service and every anniversary date thereafter- 12%.
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FIFTH STEP. If the grievance has not been resolved in the foregoing steps and the Union desires to process the grievance further, it shall submit the grievance to arbitration through the American Arbitration Association in accordance with it's Voluntary Labor Arbitration Rules, then obtaining, provided such submission is made within forty-five (45) days after receipt by the Union of the City Manager's Third Step answer. Failure to request arbitration in writing within such period shall be deemed a withdrawal of the grievance and it will not be considered further in the grievance procedure. The arbitrator shall have no authority to add to, subtract from, change or modify any provisions of this Agreement but shall be limited solely to the interpretation and application of the specific provisions contained herein. However, nothing contained herein shall be construed to limit the authority of an
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Related to FIFTH STEP

  • Receivables Assets means accounts receivable (including any bills of exchange) and related assets and property from time to time originated, acquired or otherwise owned by the Borrower or any Subsidiary.

  • Receivables Purchase Documents means those documents entered into in connection with any series of receivables purchase or sale agreements generally consistent with terms contained in comparable structured finance transactions pursuant to which the Borrower or any of its Subsidiaries, in their respective capacities as sellers or transferors of any receivables, sell or transfer to SPCs all of their respective rights, title and interest in and to certain receivables for further sale or transfer to other purchasers of or investors in such assets (and the other documents, instruments and agreements executed in connection therewith), as any such agreements may be amended, restated, supplemented or otherwise modified from time to time, or any replacement or substitution therefor.

  • Series Assets means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Receivables Purchase Price means $1,610,505,281.69.