Common use of Successorship Clause Clause in Contracts

Successorship Clause. In the event that PEF merges or consolidates with another entity of a similar nature, it shall require as a condition of such merger or consolidation that any successor/employer honor and abide by the terms and conditions of this collective bargaining agreement. At the option of USW the collective bargaining agreement may be reopened with a successor for progressive aspects only.

Successorship Clause. In the event that PEF merges merge or consolidates with another entity of a similar nature, it shall require as a condition of such merger or consolidation that any successor/employer honor and abide by the terms and conditions of this collective bargaining agreement. At the option of USW USW, the collective bargaining agreement may be reopened with a successor for progressive aspects only.