Common use of Purchase - Merger Clause in Contracts

Purchase - Merger. The Company agrees to advise the Union in writing in the event it acquires by purchase the affairs or operations of another employer which are of such a nature to be covered by the bargaining certificate granted to the Union, and where such operations were to be merged with the existing operations of the Company. The issue of dovetailing the employees’ seniority shall be determined by mutual agreement between the Company and the Union. In the event that as a result of a purchase-merger, closure of a depot, or relocation of employees, covered by the Collective Agreement are to be laid off permanently, the Company agrees to provide severance pay as per the provisions of the Canada Labour Code.

Purchase - Merger. The Company agrees to advise the Union in writing in the event it acquires by purchase the affairs or operations of another employer which are of such a nature to be covered by the bargaining certificate granted to the Union, and where such operations were to be merged with the existing operations of the Company. The issue of dovetailing the employees’ ' seniority shall be determined by mutual agreement between the Company and the Union. In the event that as a result of a purchasePurchase-mergerMerger, closure of a depot, or relocation of operations employees, covered by the Collective Agreement are to be laid laid-off permanently, the Company agrees to provide severance pay as per the provisions of the Canada Labour Code.

Purchase - Merger. The Company agrees to advise the Union in writing in the event it acquires by purchase the affairs or operations of another employer which are of such a nature to be covered by the bargaining certificate granted to the Union, and where such operations were to be merged with the existing operations of the Company. The issue of dovetailing the employees’ seniority shall be determined by mutual agreement between the Company and the Union. In the event that as a result of a purchasePurchase-mergerMerger, closure of a depot, or relocation of operations employees, covered by the Collective Agreement are to be laid laid-off permanently, the Company agrees to provide severance pay as per the provisions of the Canada Labour Code.. Article MISCELLANEOUS