Sale or Transfer of Building. 1. (a) In case of any sale, lease, transfer or assignment of control, occupancy or operation of the premises (hereinafter referred to as “transfer”) the Employer shall give the Union two (2) weeks' written notice prior to the effective date thereof; the Employer, be he seller, lessor, transferor, assignor or otherwise, shall, as a condition of the transfer, require the transferee to agree in writing to adopt this Agreement and offer employment to all employees of the Employer. Without in any way limiting the other rights and remedies of the Union, anyone failing to adhere to the foregoing provisions shall pay, in addition to such further damages as may be found by the Arbitrator, six (6) months' pay for the benefit of the employees as liquidated damages to them in addition to any other accrued payments due under this Agreement.
Sale or Transfer of Building. In the event an Employer intends to terminate its employer-employee relationship under this Agreement, then the Employer shall give the Union and the RAB reasonable written notice prior to the effective date thereof, and upon the request of the Union the Employer shall meet with the Union to negotiate the impact of such termination upon the employees involved. The obligation to negotiate shall be subject to arbitration but failure to agree on the impact shall not be subject to arbitration. In the event of a change of Employers in a building, the RAB shall use its best efforts to have the succeeding Employer join the RAB and become bound by the terms of this Agreement. In the event an Employer terminates an employee or employees because of a change in ownership, operation or control of a building or buildings, and such employee(s) are not offered employment or are not employed by the succeeding Employer in the building or buildings at the then existing wages, hours and working conditions, the terminated employee(s) shall receive severance pay in the amount of six
Sale or Transfer of Building. In the event an Employer intends to termi- nate its employer-employee relationship under this Agreement, then the Employer shall give the Union and the RAB reasonable written notice prior to the effective date thereof, and upon the request of the Union the Employer shall meet with the Union to negotiate the impact of such termination upon the employees involved. The obligation to negotiate shall be subject to arbitration but failure to agree on the impact shall not be subject to arbitration. In the event of a change of Employers in a building, the RAB shall use its best efforts to have the succeeding Employer join the RAB and become bound by the terms of this Agreement. In the event an Employer terminates an employee or employees because of a change in ownership, operation or control of a building or buildings, and such employee(s) are not offered employment or are not employed by the suc- ceeding Employer in the building or buildings at the then existing wages, hours and working con- ditions, the terminated employee(s) shall receive severance pay in the amount of six (6) months’ pay, in addition to any other accrued payments due under this Agreement. Nothing herein contained shall be deemed to limit or diminish in any way the Union’s right to enforce this agreement against any transferee pursuant to applicable law concerning rules of successorship or otherwise; nor limit or dimin- ish in any way the Union’s or any employee’s right to institute proceedings pursuant to the provisions of State or Federal labor relations laws, or any statutes, rules or regulations which may be applicable.
Sale or Transfer of Building. Upon any assignment of this Sublease or other transfer of the Premises by Landlord (excluding purchase of the Premises by Landlord), Landlord shall be relieved of any subsequent obligations and liabilities under this Sublease.
Sale or Transfer of Building. In the event of any sale or transfer of the Building, or the making of any lease thereof, or the sale or transfer or assignment of any such lease and provided that the transferee, acquirer or lessee assumes and agrees to carry out all the obligations of Lessor under this Lease to Lessor’s exoneration, then without further agreement between the parties, or between the parties and the transferee or acquirer, Gelprim Inc., as Lessor, shall be relieved of all its obligations under this Lease and Lessee shall thereafter be bound to such transferee, acquirer or lessee as the case may be, with the same effect as though the latter had been Lessor under this Lease.
Sale or Transfer of Building. In the event of any sale or transfer of the Building, or the making of any lease thereof, or the sale, transfer or assignment of any such lease, and provided that the transferee, acquirer or lessee assumes all of the obligations of the Lessor under this Lease arising from and after the effective date of such sale, transfer, lease or assignment, then without further agreement between the parties, or between the parties and the transferee, acquirer or lessee, the Lessor shall be released from all of the obligations so assumed, and the Lessee shall thereafter be bound to such transferee, acquirer or lessee, as the case may be, with the same effect as though the latter had been the Lessor under this Lease.
Sale or Transfer of Building. Upon the sale or transfer of Landlord's interest in the Building, Landlord may transfer the Security Deposit to such purchaser or transferee, in which event Tenant shall look only to the new landlord for the return of the Security Deposit and Landlord shall thereupon be released from all liability to Tenant for the return of such Security Deposit.
Sale or Transfer of Building. If Landlord sells or transfers its interest in the Building, Landlord, on consummation of the sale or transfer, shall be released from any liability thereafter accruing under this Lease. Landlord can transfer the security deposit to Xxxxxxxx’s successor and on such transfer Landlord shall be discharged from any further liability in reference to the security deposit.
