Reversion means the interest expectant on the termination of a tenancy;
Reversion means the return of an employee on promotional probation to a position in the class in which the employee held permanent status immediately before the promotion.
Reversion means the reversion in the whole of the Premises immediately expectant on the determination of the Term;
Examples of Reversion in a sentence
Reversion to standard hours The Commissioner may revert an employee to standard hours where an employee fails to appropriately use flextime provisions.
More Definitions of Reversion
Reversion means either the returning of a status employee to his or her last position held in the classified service, if vacant, or the returning of a status employee to a vacant position in the same or similar job classification as his or her last position held in the classified service. Reversion occurs after a career employee is terminated other than for cause from the unclassified service or after a status employee fails to successfully complete promotional probation. Reversion after unsuccessful completion of promotional probation, or in the case of a career employee after termination from the unclassified service, may only be appealed to the Personnel Board under KRS 18A.095(13);
Reversion has the meaning given to it in section 14 of this set of Additional Terms and Conditions.
Reversion means the interest of a landlord in land subject to a lease or the interest of the lessee of land who is the landlord under a sublease;
Reversion means the interest of a landlord in land subject to a lease or, as the case may be, the interest of the lessee of land who is the landlord under a sub-lease.
Reversion means the interest expectant on the termination of a tenancy; “tenancy” means any lease or other tenancy and includes—
Reversion means the residue of ownership (if any) which continues in the transferor after the grant of any leasehold estate in land;