Operation of the Program. 8. The Employer will only consider a severance application from an Employee on sick leave, WCB, STD or LTD where the Employee has provided medical evidence to the Employer that they are fit to return to work.
Operation of the Program. (a) Each of the Parties hereto, in all material respects, shall perform its obligations under this Agreement (i) in compliance with the terms and conditions of this Agreement, the Risk Management Policies, the Operating Procedures and any other policies, procedures and practices adopted pursuant to this Agreement, (ii) in good faith, (iii) in accordance with Applicable Law, and (iv) in a manner consistent with the Program Objectives.
Operation of the Program. 7. Regular Employees whose applications for the program are approved will terminate their employment and have no right to recall under Article 32: Xxxxxx and Recall.
Operation of the Program. (a) The Operating Procedures applicable to various aspects of the operation of the Program shall be those in effect immediately prior to the Effective Date and such supplemental operating procedures attached hereto as Schedule 4.1. Changes to such Operating Procedures shall be made as provided in Section 3.2(c)(ii)(A) provided that, with respect to any changes to Operating Procedures implemented pursuant to that Section, the Company shall be afforded sufficient time to implement any such change in a commercially reasonable manner.
Operation of the Program. 3.1 Processing Through Card Network
Operation of the Program. The Client agrees to enter its Program Customer credit transactions into the Program system at the time of the transaction in accordance with the instructions provided by TOWNE. Each sale transaction entered into the Program system will be deemed to be a request by the Client for an advance from the Bank against the line of credit extended to the Client by the Bank under Section 3 of this Agreement. TOWNE will process the transactions through electronic data interchange on a regular basis and will send the Client and the Bank an electronic file containing payment and finance charge information on each Customer. TOWNE will also process (either directly or through a third party) the Client's Account Statements, Customer payments, Customer finance charges, past due letters, and similar items, if so elected by the Bank. These processing services will be provided for the fees established by TOWNE from time to time. The initial fees are set forth in Schedule A, and TOWNE will provide the Client and the Bank with at least 30 days' prior written notice of any change in such fees. All fees due to TOWNE for its processing services will be payable by the Bank on a monthly basis in accordance with payment terms established between the Bank and TOWNE.
Operation of the Program. The initial Operating Procedures applicable to various aspects of the operation of the Program shall be the operating procedures attached hereto as Schedule 4.1. Except for changes required by Applicable Law and to be implemented in accordance with Sections 4.6 and 11.5(c)(ii), changes to such Operating Procedures shall only be made with the mutual agreement of the Parties.
Operation of the Program. Accounts at Evolve You agree to establish both an Evolve Deposit Account and a Custodial Account at Evolve. Please read the section titled “Your Relationship with Xxxxxxx, Evolve and the Program Banks” below. Accounts at Program Banks Evolve, as your agent, will open one or more Deposit Accounts on your behalf at the Program Banks on the then-current Bank List and act as your custodian for the Deposit Accounts. At some Program Banks, Evolve may open a money market deposit account (“MMDA”) and a transaction account (“TA”); at other Program Banks, Evolve may open a TA only. Program Bank List The Bank List of available Program Banks into which your funds may be deposited is available on our website at: xxx.xxxxxxx.xxx/xxxxx/xxxxxx or by contacting us. You may at any time with reasonable advance notice to us at xxxx@xxxxxxx.xxx, designate a Program Bank as ineligible to receive your funds. In addition, you may at any time instruct Evolve to remove your funds from a Program Bank, close your Deposit Accounts with the Program Bank and designate the Program Bank as ineligible to receive future deposits. Any funds from a closed Deposit Account will be deposited into Deposit Accounts at another Program Bank set forth on the Bank List, as amended by you. For example, if you maintain other accounts at a Program Bank on the list separate from the Program, you may wish to designate this Program Bank as ineligible to avoid the aggregation of funds in your account(s) held directly with funds deposited through the Program as the combination of funds may exceed the amount of available FDIC insurance coverage at that Program Bank. FDIC Deposit Insurance In general, Evolve will place your funds at Program Banks as your agent in a manner that enables up to $1,000,000 of your deposits to be eligible for FDIC insurance. From time to time, Evolve may increase the amount of available FDIC insurance through the Program, and you will be notified by Mercury of such an increase. Any other deposits you have at the Program Banks outside of the Program may reduce FDIC insurance coverage of your deposits through the Program. Moreover, if you have designated one or more Program Banks as ineligible to receive your funds, the amount of FDIC insurance for which your funds are eligible may be limited. Changes to Bank List One or more of the Program Banks included on the Bank List may be replaced with a Program Bank not previously included on the Bank List or a Program Bank may be deleted from ...
Operation of the Program. The Program will be designed by subsequent agreement of the parties, but it is expected that the Parties will:
Operation of the Program. 3.1 Processing Through Card Network Virgin shall honor any Credit Card properly issued and currently authorized by Bank pursuant to the Program. So long as the Program transactions are processed through the Card Network, settlement, disputes and chargebacks shall be governed by the Card Network Rules.
