Common use of Successorship Clause in Contracts

Successorship. (1) The Agreement will be binding upon any Successor. The Company will not bring a single step or multi-step Successorship Transaction to final conclusion unless the Successor agrees, in writing, to: (a) recognize the TWU as the representative of employees on the TWU System Seniority lists consistent with the Railway Labor Act, as amended; (b) employ the employees on the TWU System Seniority list in accordance with the provisions of this Agreement; (c) assume and be bound by this Agreement. (2) If the Successor is an Air Carrier or an affiliate of an Air Carrier, the Company will, at the option of the TWU, require the Successor to agree to integrate the pre-transaction System Seniority list of the Company and the Successor in a fair and equitable manner within twelve (12) months of the Successorship transaction pursuant to Sections 3 and 13 of the Allegheny- Mohawk LPPs. The requirement of this provision does not apply to the Company’s acquisition of all or part of another Air Carrier in a transaction, which includes the acquisition of aircraft and employees.

Appears in 9 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Successorship. (1) The Agreement will be binding upon any Successor. The Company will not bring a single step or multi-step Successorship Transaction transaction to final conclusion unless the Successor agrees, in writing, to: (a) recognize the TWU as the representative of employees on the TWU System Seniority lists consistent with the Railway Labor Act, as amended; (b) employ the employees on the TWU System Seniority list in accordance with the provisions of this Agreement; (c) assume and be bound by this Agreement. (2) If the Successor is an Air Carrier or an affiliate of an Air Carrier, the Company will, at the option of the TWU, require the Successor to agree to integrate the pre-transaction System Seniority list of the Company and the Successor in a fair and equitable manner within twelve (12) months of the Successorship transaction pursuant to Sections 3 and 13 of the Allegheny- Mohawk LPPs. The requirement of this provision does not apply to the Company’s acquisition of all or part of another Air Carrier in a transaction, which includes the acquisition of aircraft and employees.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Successorship. (1) The Agreement agreement will be binding upon any Successor. The Company will not bring a single step or multi-step Successorship Transaction to final conclusion unless the Successor successor agrees, in writing, to: (a) recognize the TWU as the representative of employees on the TWU System Seniority lists list consistent with the Railway Labor Act, as amended; (b) employ the employees on the TWU System Seniority list in accordance with the provisions of this Agreement; (c) assume and be bound by this Agreement. (2) If the Successor is an Air Carrier or an affiliate of an Air Carrier, the Company will, at the option of the TWU, require the Successor to agree to integrate the pre-transaction System Seniority list of the Company and the Successor in a fair and equitable manner within twelve (12) months of the Successorship transaction pursuant to Sections 3 and 13 of the Allegheny- Mohawk LPPs. The requirement of this provision does not apply to the Company’s acquisition of all or part of another Air Carrier in a transaction, which includes the acquisition of aircraft and employees.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Successorship. (1) . The Agreement agreement will be binding upon any Successor. The Company will not bring a single step or multi-step Successorship Transaction to final conclusion unless the Successor agrees, in writing, to: (a) recognize the TWU as the representative of employees on the TWU System Seniority lists consistent with the Railway Labor Act, as amended; (b) to employ the employees on the TWU System Seniority list in accordance with the provisions of this Agreement; (c) assume and be bound by this Agreement. (2) . If the Successor is an Air Carrier or an affiliate of an Air Carrier, the Company will, at the option of the TWU, require the Successor to agree to integrate the pre-transaction System Seniority list of the Company and the Successor in a fair and equitable manner within twelve (12) months of the Successorship transaction pursuant to Sections 3 and 13 of the Allegheny- Allegheny-Mohawk LPPs. The requirement of this provision does not apply to the Company’s acquisition of all or part of another Air Carrier in a transaction, transaction which includes the acquisition of aircraft and employees.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Successorship. (1) The Agreement agreement will be binding upon any Successor. The Company will not bring a single step or multi-step Successorship Transaction to final conclusion unless the Successor agrees, in writing, to: (a) recognize the TWU as the representative of employees on the TWU System Seniority lists list consistent with the Railway Labor Act, as amended; (b) employ the employees on the TWU System Seniority list in accordance with the provisions of this Agreement; (c) assume and be bound by this Agreement. (2) If the Successor is an Air Carrier or an affiliate of an Air Carrier, the Company will, at the option of the TWU, require the Successor to agree to integrate the pre-pre- transaction System Seniority list of the Company and the Successor in a fair and equitable manner within twelve (12) months of the Successorship transaction pursuant to Sections 3 and 13 of the Allegheny- Allegheny-Mohawk LPPs. The requirement of this provision does not apply to the Company’s acquisition of all or part of another Air Carrier in a transaction, which includes the acquisition of aircraft and employees.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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