Conditions of Transfers. As a condition of any Transfer other than to another party, the transferee must covenant to and agree with the other parties to this Agreement to be bound by this Agreement, including this Article 6, and prior to the completion of any such Transfer, the Transferring Party must deliver to the other Party evidence thereof in a form satisfactory to such other parties. Notwithstanding any such Transfer, the Transferring Party will remain liable for all of its obligations hereunder, unless the Holdings have been Transferred to a third party pursuant to Section 6.3.
Conditions of Transfers. In the event that the Employer finds it necessary, from time to time, to adjust its work force to meet emergent conditions resulting in the transfer of seniority employees, the following conditions shall apply:
Conditions of Transfers. In the event that the Corporation finds it necessary, from time to time, to adjust its work force to meet emergent conditions resulting in the transfer of seniority employees, the following condi- tions shall apply:
Conditions of Transfers. 12 SECTION 3.01. Conditions Precedent to Initial Transfer from the Transferor.....................................12 SECTION 3.02. Conditions Precedent to All Transfers...................12 SECTION 3.03. Condition Precedent to the Transferor's Obligations.............................................13
Conditions of Transfers. (a) No Transfer may be made at any time prior to the Initial Utilisation Date.
Conditions of Transfers. In the event that the Corporation finds it necessary, time to to adjust its work force to meet emergent conditions resulting in the transfer of seniority employees, the following conditions apply: An employee transferred to a higher rated position shall receive the rate of pay for the higher position upon transfer; it being understood that such employee shall revert to their regular rate of pay when the employee returns to their regular duties. When an employee has worked temporarily in a higher rated position for more than fifteen
Conditions of Transfers. 15 SECTION 3.01. Conditions Precedent to Initial Transfer from the Originator........................ 15 SECTION 3.02. Conditions Precedent to All Transfers............................................... 16 ii ARTICLE V COVENANTS ............................................................................... 22 SECTION 5.01. A. Covenants of the Originator.................................................... 22 B. Covenants of the Transferee.................................................... 27 SECTION 5.02. Grant of Security Interest.......................................................... 28
Conditions of Transfers. Except (x) as permitted pursuant to Section 3.2 hereof and (y) for pledges to banks and other financial institutions to secure indebtedness (which pledges and loans will be on customary terms and conditions and will not (prior to any default or foreclosure thereunder) interfere with the ability of Stockholder to vote or otherwise comply with his obligations hereunder in any material respect), Stockholder agrees not to:
Conditions of Transfers. SECTION 5.01 Conditions Precedent to Effectiveness of this Agreement.............................-20- SECTION 5.02 Conditions Precedent to All Transfers and Reinvestments.............................-22- ARTICLE VI REPRESENTATIONS AND WARRANTIES SECTION 6.01 Representations and Warranties of Transaction Parties...............................-23- ARTICLE VII GENERAL COVENANTS OF TRANSACTION PARTIES SECTION 7.01 Affirmative Covenants of Transaction Parties........................................-28- SECTION 7.02 Reporting Requirements of Transaction Parties.......................................-31- SECTION 7.03 Negative Covenants of Transaction Parties...........................................-33- SECTION 7.04 Separate Corporate Existence of Transferor..........................................-36-
Conditions of Transfers. As a condition of any Transfer other than to another Party or an Affiliate of a Party, the transferee must covenant to and agree with the remaining Party to be bound by this Agreement, including this Article 7, and prior to the completion of any such Transfer, the Transferring Party must deliver to the remaining Party evidence thereof in a form satisfactory to such remaining Party. Notwithstanding any such Transfer, the Transferring Party will remain liable for all of its obligations hereunder, unless the Holdings have been Transferred to a third party with consent pursuant to Section 7.2(b) or the remaining Party has approved the Transfer on the basis that the Transferring Party will be released, such approval not to be unreasonably withheld.
