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

Transfer of Company Title or Interest. This Agreement shall be binding upon the Parties hereto, their successors, administrators, executors and assigns. In the event an entire business or any part thereof is sold, leased, transferred or taken over by sale, transfer, lease, assignment, receivership or bankruptcy proceedings, such business or any part thereof shall continue to be subject to the terms and conditions of this Agreement for the life thereof. The Company shall notify the Union in writing, not later than the effective date of the fact of any sale, transfer, lease, assignment, receivership or bankruptcy proceeding, not including financial arrangements thereof.

Appears in 2 contracts

Samples: Master Freight and Cartage Agreement, Master Freight and Cartage Agreement

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Transfer of Company Title or Interest. This Agreement shall be binding upon the Parties hereto, their successors, administrators, executors and assigns. In the event an entire business or any part thereof is sold, leased, transferred or taken over by sale, transfer, lease, lease assignment, receivership or bankruptcy proceedings, such business or any part thereof shall continue to be subject to the terms and conditions of this Agreement for the life thereof. The Company shall notify the Union in writing, not later than the effective date of the fact of any sale, transfer, lease, assignment, receivership or bankruptcy proceeding, proceeding not including the financial arrangements arrangement thereof.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Transfer of Company Title or Interest. This Agreement shall be binding upon the Parties hereto, their successors, administrators, executors and assigns. In the event an entire business or any part thereof is sold, leased, transferred or taken over by the sale, transfer, lease, assignment, receivership or bankruptcy proceedings, such business or any part thereof shall continue to be subject to the terms and conditions of this Agreement for the life thereof. The Company shall notify the Union Association in writing, not later than the effective date of the fact of any sale, transfer, lease, lease assignment, receivership or bankruptcy proceeding, not including financial arrangements thereof.

Appears in 1 contract

Samples: Collective Agreement

Transfer of Company Title or Interest. This Agreement shall be binding upon the Parties parties hereto, their successors, administrators, executors executor and assigns. In the event of an entire business or any part thereof is sold, leased, transferred or taken over by sale, transfer, lease, lease assignment, receivership or bankruptcy proceedings, such business or any part thereof hereof shall continue to be subject to the terms and conditions of this Agreement for the life thereof. The Company shall notify the Union in writing, not later than the effective date of the fact of any sale, transfer, lease, lease assignment, receivership or bankruptcy proceeding, proceeding not including the financial arrangements thereof.

Appears in 1 contract

Samples: Collective Agreement

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Transfer of Company Title or Interest. This Agreement shall be binding upon the Parties parties hereto, their successors, administrators, executors and assigns. In the event an entire business or any part thereof is sold, leased, transferred or taken over by sale, transfer, lease, lease assignment, receivership or bankruptcy proceedings, such business or any part thereof hereof shall continue to be subject to the terms and conditions of this Agreement for the life thereof. The Company shall notify the Union in writing, not later than the effective date of the fact of any sale, transfer, lease, lease assignment, receivership or bankruptcy proceeding, proceeding not including the financial arrangements thereof.

Appears in 1 contract

Samples: Collective Agreement

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