Common use of STORE CLOSING Clause in Contracts

STORE CLOSING. A. The Employer shall give the Union twenty (20) working days’ notice in advance in writing in the event it intends to close permanently or dispose of any store, except for the permanent closing of a store that is to be replaced by a new store or the permanent closing of a store due to fire or natural disaster. The parties agree to meet after the notice has been given to discuss the effect of the store closing on employees. B. This Agreement shall be binding upon the parties hereto and the heirs, executors, administrators, successors and assigns of each. C. This Agreement shall be binding upon any person, firm or corporation, whether it is a successor to the Employer or not, and whether or not it conducts its business under the same name or a different name (whether through purchase of assets or stock, or otherwise) if it is operating essentially or substantially the same business or a part or subdivision thereof, directly or indirectly, in whole or in part, using the same or similar premises and/or working force. D. It is understood and agreed that the Commonwealth shall, in the event of the disposition of all or part of the State Store operations as defined in any fashion in this clause, advise prospective buyers that this contract is binding in its entirety upon them for the duration of its term.

STORE CLOSING. A. The Employer shall give the Union twenty (20) working days’ days notice in advance in writing in the event it intends to close permanently or dispose of any store, except for the permanent closing of a store that is to be replaced by a new store or the permanent closing of a store due to fire or natural disaster. The parties agree to meet after the notice has been given to discuss the effect of the store closing on employees. B. This Agreement shall be binding upon the parties hereto and the heirs, executors, administrators, successors and assigns of each.each.‌ C. This Agreement shall be binding upon any person, firm or corporation, whether it is a successor to the Employer or not, and whether or not it conducts its business under the same name or a different name (whether through purchase of assets or stock, or otherwise) if it is operating essentially essent ially or substantially the same business or a part or subdivision thereof, directly or indirectly, in whole or in part, using the same or similar premises and/or working force. D. It is understood and agreed that the Commonwealth shall, in the event of the disposition of all or part of the State Store operations as defined in any fashion in this clause, advise prospective buyers that this contract is binding in its entirety upon them for the duration of its term.

STORE CLOSING. A. The Employer shall give the Union twenty (20) working days’ days notice in advance in writing in the event it intends to close permanently or dispose of any store, except for the permanent closing of a store that is to be replaced by a new store or the permanent closing of a store due to fire or natural disaster. The parties agree to meet after the notice has been given to discuss the effect of the store closing on employees. B. This Agreement shall be binding upon the parties hereto and the heirs, executors, administrators, successors and assigns of each. C. This Agreement shall be binding upon any person, firm or corporation, whether it is a successor to the Employer or not, and whether or not it conducts its business under the same name or a different name (whether through purchase of assets or stock, or otherwise) if it is operating essentially or substantially the same business or a part or subdivision thereof, directly or indirectly, in whole or in part, using the same or similar premises and/or working force.force.‌ D. It is understood and agreed that the Commonwealth shall, in the event of the disposition of all or part of the State Store operations as defined in any fashion in this clause, advise prospective buyers that this contract is binding in its entirety upon them for the duration of its term.

STORE CLOSING. A. The Employer shall give the Union twenty (20) working days’ days notice in advance in writing in the event it intends to close permanently or dispose of any store, except for the permanent closing of a store that is to be replaced by a new store or the permanent closing of a store due to fire or natural disaster. The parties agree to meet after the notice has been given to discuss the effect of the store closing on employees. B. This Agreement shall be binding upon the parties hereto and the heirs, executors, administrators, successors and assigns of each. C. This Agreement shall be binding upon any person, firm or corporation, whether it is a successor to the Employer or not, and whether or not it conducts its business under the same name or a different name (whether through purchase of assets or stock, or otherwise) if it is operating essentially or substantially the same business or a part or subdivision thereof, directly or indirectly, in whole or in part, using the same or similar premises and/or working force. D. It is understood and agreed that the Commonwealth shall, in the event of the disposition of all or part of the State Store operations as defined in any fashion in this clause, advise prospective buyers that this contract is binding in its entirety upon them for the duration of its term.