Amalgamations. 12.1. Where an amalgamation between the City of Port Adelaide Enfield and one or more other Councils is being considered, the employees and their nominated . representatives shall be informed in writing, at the earliest opportunity of the nature ofthe changes being considered.
12.2. Such amalgamation agreement will govern issues which are likely to arise from an amalgamation, and will include, but not be limited to clauses relating to the following issues:
12.2.1. Job security
12.2.2. Filling of positions in the amalgamated council 12.2.3. Redeployment
Amalgamations. A resolution is passed for any amalgamation of any member of the Pushpay Group, or any of them is involved in any merger or scheme of arrangement (other than a solvent scheme of arrangement or an amalgamation, merger or scheme of arrangement involving solely Pushpay and/or one or more wholly owned subsidiaries of Pushpay).
Amalgamations. In the event of an amalgamation occurring involving the City of Xxxxxxx Xxxxx, a Joint Enterprise Bargaining Negotiating Committee will be formed comprising equal employee and employer representatives from each Council. Representatives for the City of Xxxxxxx Xxxxx shall be drawn from the ECC at the time.
Amalgamations. If a Grantor amalgamates with any other corporation or corporations, it is the intention of the parties that the security interest granted pursuant to this Agreement will (a) extend to all of the property, assets and interests that (i) any of the amalgamating corporations own, or (ii) the amalgamated corporation thereafter acquires, and (b) secure the payment and performance of all debts, liabilities and obligations of any of the amalgamating corporations and the amalgamated corporation to the Collateral Agent or any Secured Party, however or wherever incurred and whether as principal, guarantor or surety and whether incurred prior to, at the time of, or subsequent to, the amalgamation. The security interest granted pursuant to this Agreement will attach to the property, assets and interests of the amalgamating corporations not previously subject to this Agreement at the time of amalgamation and to any property, assets or interests thereafter owned or acquired by the amalgamated corporation when such property, assets and interests become owned or are acquired. Upon any such amalgamation, the defined term Grantor shall include each of the amalgamating corporations and the amalgamated corporation, the defined term Collateral shall include all of the property, assets and interests described in (a) above, and the defined term Obligations shall include the obligations described in (b) above. [Remainder of this page intentionally left blank; signature page follows]
Amalgamations. Directly or indirectly, by operation of law or otherwise, amalgamate with, merge with, consolidate with or otherwise combine with, any Person;
Amalgamations. No Credit Party will wind-up, liquidate or dissolve its affairs or enter into any transaction of amalgamation, merger or consolidation except for any amalgamation, merger or consolidation between two or more Credit Parties, provided that:
13.3.1 the Person formed by or surviving any such transaction shall expressly assume and confirm as primary debtor, by an agreement satisfactory in form and substance to the Administrative Agent, the Obligations; and
13.3.2 immediately before and after such transaction, no Default exists.
Amalgamations. The Debtor will not permit any corporation to wind-up into or amalgamate or enter into a similar arrangement with the Debtor.
Amalgamations. No Restricted Credit Party will wind-up, liquidate or dissolve its affairs or enter into any transaction of amalgamation, merger or consolidation or convey, sell, alienate, lease or otherwise dispose of (or agree to do any of the foregoing, at any future time) all or substantially all of its Business Assets except for any amalgamation, merger or consolidation or any such sale, CREDIT AGREEMENT – PAGE 71 alienation or other form of disposition between two or more Restricted Credit Parties provided that:
15.4.1 the Person formed by or surviving any such transaction shall have assumed, as primary obligor, by an agreement satisfactory in form and substance to the Administrative Agent or by operation of law, the Obligations (with delivery, in connection with such assumption, of such opinions of the Restricted Credit Parties’ Counsel as the Administrative Agent may reasonably request); and
15.4.2 immediately before and after such transaction, no Default exists.
Amalgamations. Directly or indirectly, by operation of law or otherwise, amalgamate with, merge with, consolidate with or otherwise combine with, any Person, provided however that an Obligor may merge, consolidate, amalgamate or otherwise continue with any Person, if (i) no Default or Event of Default would result therefrom, (ii) the rights of the Creditor hereunder have not been materially adversely effected by such merger, consolidation, amalgamation or other combination and (iii) the entity resulting from such merger, consolidation, amalgamation or other form of combination provides written confirmation to the Creditor that it has assumed all of the obligations of such Obligor hereunder or delivers the security documents and other deliverables required to provide the Creditor a first-priority Encumbrance (subject only to Permitted Encumbrances) over all present and future personal property of such entity.
Amalgamations. 20.01 Should the Corporation merge, amalgamate or transfer any of its operations with another Municipality or the Niagara Region, the Corporation agrees that the other Municipality or Niagara Region will recognize the Union and apply the terms and conditions of this agreement.
20.02 In the event the Corporation sells, leases, transfers or merges its business, or in the event of amalgamation with any municipality, the party by whom the business is required will become the successor employer. The successor employer will recognize the Union and will be bound by the terms of this Collective Agreement. Further, the employees of the transit service shall continue to enjoy their full seniority in this new arrangement. The Corporation agrees to give the Union notice in writing thirty (30) days prior to the sale of the business.
