CONTRACT CONTINUITY Sample Clauses
The Contract Continuity clause ensures that the terms and obligations of a contract remain in effect even if certain events occur that might otherwise disrupt or terminate the agreement. Typically, this clause applies in situations such as mergers, acquisitions, or changes in ownership, where the parties want to guarantee that the contract remains binding regardless of such changes. Its core practical function is to provide stability and predictability by preventing the contract from being unintentionally voided or interrupted due to organizational changes or unforeseen circumstances.
CONTRACT CONTINUITY. In the event negotiations for a successor agreement have not been concluded prior to the expiration date of this agreement, administrators shall continue to receive the same salary for the same job assignment as received during the prior year, until a new agreement is concluded. In the event negotiations for a successor agreement have not been concluded prior to the expiration date of this agreement, the following contractual benefits shall also continue in effect until a new agreement is concluded: Insurance and insurance reimbursement benefits, special leaves, Vacations, Holidays, Sick Leave, Grievance Procedure and Fair Dismissal Procedure. The continuity provided in this section shall not apply in the event of an unlawful work stoppage or job action.
CONTRACT CONTINUITY. Continuing contracts, once granted to a teacher by the Board of Education of the 35 Jefferson Schools, shall be in force until a teacher is discharged through the regular procedure as 36 outlined by the Michigan Tenure Act, as revised. 37
CONTRACT CONTINUITY. A. No Strike No Lockout During the term of this Agreement, USofCC, its officers and unit members, agree that it and they will not engage in, or in any way encourage or sanction any strike, sympathy strike, sit-down, boycott, picketing or action in support of a collective bargaining issue that will interrupt or interfere with any operations of the College. Any unit member who violates the provision of this section shall be subject to discipline by the College. USofCC and its officers agree to make a good faith effort to prevent USofCC and its unit members from violating this provision of the Agreement. The College agrees that it will not lock out any unit members during the term of this Agreement, provided this provision is not violated by any unit member or USofCC.
B. Separability and Duration Any provision of this Agreement deemed illegal or invalid in part or in whole by any court or government agency of competent jurisdiction shall not invalidate the entire Agreement or any other part or portion of the Agreement. Either party can initiate a renegotiation of the invalidated provision if permissible by law. The Agreement shall be binding and effective as of the date of ratification by both parties and shall expire on August 31, 2018 and thereafter automatically renew from year to year unless no greater than 90 nor fewer than 60 calendar days prior to any expiration date either party notifies the other in writing of its desire to renegotiate this Agreement. The parties may mutually agree, in writing, to begin negotiations for a renewal agreement earlier than 90 days before expiration.
CONTRACT CONTINUITY. 4.41.1 Each and every sentence, and each and every paragraph and provision of this agreement shall be severable, and in the event that any one or more of the same is declared invalid or unenforceable, the balance shall survive and remain in full force and effect thereafter.
CONTRACT CONTINUITY. If Mackenzie or any Subsidiary shall either receive or tender notification of cancellation to provide investment advisory or investment management services to a substantial amount (measured in either volume of service or number of clients) of the clients to which any Borrower is currently contractually obligated to provide such services; or
CONTRACT CONTINUITY