Common use of Transfer of Company Title or Interest Clause in Contracts

Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations covered by this Agreement is transferred, the Company shall give notice to the Local UnionTNUPSFNC to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local UnionTNUPSFNC, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union TNUPSFNC shall also be advised of the exact nature of the transaction, not including financial details.

Appears in 4 contracts

Samples: National Master Ups Freight Agreement, National Master Ups Freight Agreement, National Master Ups Freight Agreement

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Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations covered by this Agreement is transferred, the Company shall give notice to the Local UnionTNUPSFNC TNUPSFNC to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local UnionTNUPSFNCTNUPSFNC, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union TNUPSFNC shall also be advised of the exact nature of the transaction, not including financial details.

Appears in 3 contracts

Samples: National Master Ups Freight Agreement, National Master Ups Freight Agreement, National Master Ups Freight Agreement

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Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations covered cov- ered by this Agreement is transferred, the Company shall give notice to the Local UnionTNUPSFNC TNUPSFNC to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local UnionTNUPSFNCTNUPSFNC, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union TNUPSFNC shall also be advised of the exact nature of the transaction, not including financial details.

Appears in 1 contract

Samples: National Master Ups Freight Agreement

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