Common use of NEW LOCATIONS Clause in Contracts

NEW LOCATIONS. A . In the event of a bona fide sale or transfer of any store covered by the agreement during the period of the agreement, the new owner or transferee shall be notified of the existence of the agreement by the former owner and shall be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees may have accumulated under the agreement.

Appears in 2 contracts

Sources: Retail Food Industry Agreement, Collective Bargaining Agreement

NEW LOCATIONS. A . In the event of a bona fide sale or transfer of any store covered by the agreement during the period of the agreement, the new the”"new owner or transferee shall be notified of the existence of the agreement by the former owner and shall be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees may have accumulated under the agreement.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Retail Food Industry Agreement

NEW LOCATIONS. A . In the event of a bona fide sale or transfer of any store covered by the agreement during the period of the agreement, the new owner or transferee shall be notified of the existence of the agreement by the former owner and shall be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees may nay have accumulated under the agreement.

Appears in 1 contract

Sources: Retail Food Industry Agreement