Common use of Labor Disputes and Agreements Clause in Contracts

Labor Disputes and Agreements. The Partnership currently has no labor disputes pending or, threatened as to the operation or maintenance of the Property or any part thereof. The Partnership is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Acquiror will not be obligated to give or pay any amount to any employee of the Partnership, and the Acquiror shall not have any liability under any pension or profit sharing plan that the Partnership may have established with respect to the Property or their or its employees.

Appears in 10 contracts

Samples: Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)

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Labor Disputes and Agreements. The Partnership currently has no ----------------------------- labor disputes pending or, threatened as to the operation or maintenance of the Property or any part thereof. The Partnership is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Acquiror Acquirors will not be obligated to give or pay any amount to any employee of the Partnership, and the Acquiror Acquirors shall not have any liability under any pension or profit sharing plan that the Partnership may have established with respect to the Property or their or its employees.

Appears in 2 contracts

Samples: Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)

Labor Disputes and Agreements. The Partnership currently has no labor disputes pending or, threatened as to the operation or maintenance of the Property or any part thereof. The Partnership is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Acquiror Acquirors will not be obligated to give or pay any amount to any employee of the Partnership, and the Acquiror Acquirors shall not have any liability under any pension or profit sharing plan that the Partnership may have established with respect to the Property or their or its employees.

Appears in 1 contract

Samples: Contribution Agreement (Hersha Hospitality Trust)

Labor Disputes and Agreements. The Partnership There are not currently has no any labor disputes pending or, threatened as to the operation or maintenance of the Property or any part thereof. The Partnership is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Acquiror Purchasers will not be obligated to give or pay any amount to any employee of the Partnership, and the Acquiror Purchasers shall not have any liability under any pension or profit sharing plan that the Partnership may have established with respect to the Property or their or its employees.

Appears in 1 contract

Samples: Limited Partnership Interests Purchase Agreement (Hersha Hospitality Trust)

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Labor Disputes and Agreements. The Partnership currently has no ----------------------------- labor disputes pending or, threatened as to the operation or maintenance of the Property or any part thereof. The Partnership is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Acquiror will not be obligated to give or pay any amount to any employee of the Partnership, and the Acquiror shall not have any liability under any pension or profit sharing plan that the Partnership may have established with respect to the Property or their or its employees.

Appears in 1 contract

Samples: Contribution Agreement (Hersha Hospitality Trust)

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