Termination of Employees, Management and Service Contracts, and Rights to Occupy Apartment/Mobile Home Sample Clauses

Termination of Employees, Management and Service Contracts, and Rights to Occupy Apartment/Mobile Home. Buyer shall have no obligation to hire the employees of any Seller (if any) or its affiliates and no duty or other obligation with respect to the termination of any such employees. Notwithstanding the foregoing, Sellers shall not prevent or hinder Buyer from contacting any employees of Sellers so that Buyer and its agents may interview such employees and otherwise conduct such due diligence as Buyer deems necessary with respect to the employees. Upon the expiration of the Due Diligence Period and Buyer’s delivery of the Additional Deposit to Escrow Holder, Sellers shall give their employees at the Properties written notice that the Properties will be sold to Buyer on the Closing Date and that the employment of such employees with Sellers shall terminate as of the Closing Date. Sellers shall terminate any existing management agreement and employees upon Closing and, effective as of the Closing Date, Buyer shall have no liability or obligation with respect to any employee of Sellers or their management company prior to or after the Closing Date. In accordance with California law, and to the extent Buyer will not be re-hiring such employees, upon Buyer’s written request to Sellers, Sellers shall terminate the rights of any person to occupy any residential apartment or mobile home located on any of the Properties. After expiration of the Due Diligence Period and Buyer’s delivery of the Additional Deposit to Escrow Holder, neither the Sellers nor any of their respective managing agents will enter into any new employment contracts or agreements or hire any new employees, without the prior written 22 Purchase and Sale Agreement consent of Buyer, such consent to not be unreasonably withheld, conditioned or delayed, or unless such employee can be terminated prior to the Closing Date. Sellers shall terminate all service and maintenance contracts other than those that Buyer expressly agrees to assume in accordance with Section 2.2 above of this Agreement, effective as of the Closing Date and without payment of any fee by Buyer in connection with such termination or otherwise. This Section 9.2 shall survive the Closing.
Sample 1

Related to Termination of Employees, Management and Service Contracts, and Rights to Occupy Apartment/Mobile Home

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  • Restricted Employment for Certain State Personnel Contractor acknowledges that, pursuant to Section 572.069 of the Texas Government Code, a former state officer or employee of a state agency who during the period of state service or employment participated on behalf of a state agency in a procurement or contract negotiation involving Contractor may not accept employment from Contractor before the second anniversary of the date the Contract is signed or the procurement is terminated or withdrawn.

  • DEPENDENT PERSONAL SERVICES 1. Subject to the provisions of Articles 16, 18 and 19, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State. 2. Notwithstanding the provisions of paragraph 1, remuneration derived by a resident of a Contracting State in respect of an employment exercised in the other Contracting State shall be taxable only in the first-mentioned State if: a) the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days in any twelve-month period commencing or ending in the tax year concerned, and b) the remuneration is paid by, or on behalf of, an employer who is not a resident of the other State, and c) the remuneration is not borne by a permanent establishment or a fixed base which the employer has in the other State. 3. Notwithstanding the preceding provisions of this Article, remuneration derived in respect of an employment exercised aboard a ship or aircraft operated in international traffic by a resident of a Contracting State, may be taxed in that State.

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  • Pilot Project – One Employer Two Homes Employment Opportunities Where the local parties enter into these agreements, the agreement shall include the following principles:

  • Project Employment A. Permanent project employees have layoff rights. Options will be determined using the procedure outlined in Sections 35.9 and 35.10, above. B. Permanent status employees who left regular classified positions to accept project employment without a break in service have layoff rights within the Employer in which they held permanent status to the job classification they held immediately prior to accepting project employment.