Common use of Sale, Merger or Transfer Clause in Contracts

Sale, Merger or Transfer. In the event the Medical Center merges, is sold, leased, or otherwise transferred to be operated by another person or firm, the Medical Center shall have an affirmative duty to call this Agreement to the attention of such firm or individual and, if such notice is so given, the Medical Center shall have no further obligation hereunder. The Medical Center will also provide notice to the Association of any such sale, lease or transfer at least ninety (90) days prior to the closing date.

Appears in 2 contracts

Samples: Professional Agreement, Professional Agreement

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Sale, Merger or Transfer. In the event the Medical Center mergesmergers, is sold, leased, or otherwise transferred to be operated by another person or firm, the Medical Center shall have an affirmative duty to call this Agreement to the attention of such firm or individual and, if such notice is so given, the Medical Center shall have no further obligation hereundercomply with all laws and statutory requirements in effect at the time of the sale, merger or transfer. The Medical Center will also provide notice to the Association union of any such sale, lease or transfer at least ninety one hundred and twenty (90120) days prior to the closing date.

Appears in 2 contracts

Samples: www.seiu1199nw.org, www.seiu1199nw.org

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Sale, Merger or Transfer. In the event the Medical Center merges0 Xxxxxx xxxxxx, is sold, leased, or otherwise transferred to be 4 operated by another person or firm, the Medical Center shall have an 5 affirmative duty to call this Agreement to the attention of such firm or 6 individual and, if such notice is so given, the Medical Center shall 7 have no further obligation hereunder. The Medical Center will also 8 provide notice to the Association of any such sale, lease or transfer at 9 least ninety (90) days prior to the closing date.

Appears in 1 contract

Samples: cdn.ymaws.com

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