Sale or Transfer of Business. If Licensee seeks to sell its Business or the assets of stock of the Business or otherwise transfer control of the Business, Licensee shall give SLC at least sixty (60) days advance written notice. Upon such sale or transfer, all rights and obligations of the Parties relative to this Agreement shall cease and be of no further force or effect, and this Agreement and the Licenses granted herein shall be deemed terminated.
Sale or Transfer of Business. An IMD business may be sold or transferred with written approval from TN. Team National reserves the right to approve or disapprove IMD’s change of business names, formation of partnerships, corporations, and trusts, for tax, estate planning, and limited liability purposes. If TN approves such a change, the organization’s name and the names of the principals of the organization must appear on the distributorship, along with a Social Security Number or Federal Identification Number. It is prohibited to make changes to, circumvent, or violate TN rules, including as it rates to raiding, soliciting, targeting, cross-sponsoring, or interfering. If it is subsequently determined that changes were made to circumvent or violate TN rules, TN shall be entitled to reverse and void the sale or transfer, terminate the IMD status, and reposition theentire downline accordingly.
Sale or Transfer of Business. The Affiliated Parties shall have the right to assign this Lease to any Person upon fifteen (15) days' prior notice to Landlord in each of the following circumstances:
Sale or Transfer of Business. (a) The employer will advise the union and employees as soon as practicable. The timing of any advice will need to ensure that the disclosure of information to the employees and union will not prejudice any commercial negotiations or undertakings.
Sale or Transfer of Business. (a) In the event that there is a sale of the Employer's business, the Employer agrees to recommend to the purchaser that it give first consideration to the full-time employees in the bargaining unit for available positions in the business being purchased subject to the necessary ability and qualifications being present. Should less than the full complement of full-time employees be offered positions by the purchaser, the Employer will recommend to the purchaser that offers of employment will be on the basis of seniority subject to the necessary ability and qualifications being present.
Sale or Transfer of Business. Redundancy provisions will not be paid to any employee where CPI Group arranges ongoing and continuous suitable employment in the event of any sale or transfer of business, either on the existing Wetherill Park site or a site bounded by a 15 kilometres radius from the existing site. CPI shall orginise in any sale or transfer that the CPI employees full entitlements are maintained and protected. CPI is to demonstrate through independent audit, to employee representatives that this protection has been undertaken.
Sale or Transfer of Business. 43.1 In the event the Employer sells all or part of its operations to outside interests involving work, which falls within the scope of this collective agreement, the Employer agrees to meet with the union to discuss any concerns the union may have. Such a meeting will not replace or estop the rights outlined in article 33 or by legislation including, but not limited to the Canada Labour Code.
Sale or Transfer of Business. (a) In the event that there is a sale or transfer of the employer’s business, or the employer is unsuccessful in maintaining a contract with the UTM, the employer agrees to recommend to the purchaser, receiving employer or successful employer that job offers shall be made to the employees at 100% of the employee's weekly salary at the time of the transfer. It will also recommend that the new employer recognize the service and seniority of each employee for the purpose of qualification for vacation, benefits, layoff, job postings and severance.
Sale or Transfer of Business. 34.01 As per Article 35.01 in main body
