Common use of TRANSFER OF TITLE OR INTEREST Clause in Contracts

TRANSFER OF TITLE OR INTEREST. This Agreement shall be binding upon the parties hereto, their successors, administrators, executors, and assigns. In the event, the entire operation or any part thereof is sold, leased, transferred, or taken over by sale, transfer, lease assignment, receivership or bankruptcy proceeding, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. It is understood by this Section that the parties hereto shall not use any leasing device to a third party to evade this Agreement. The Employer shall give notice of the existence of this Agreement to any purchaser, transferee, lessee or assignee of the operation covered by this Agreement or any part thereof. Such notice shall be in writing and a copy thereof shall be delivered to the Union prior to the time the Employer executes the contract of sale, lease or transfer. The Union shall also be informed of the nature of the transaction, not including financial details. In the event the Employer fails to give notice as herein required, or fails to provide the Union with particulars herein required, the Employer shall be liable to the Union and to the employees covered by this Agreement for all loss or damages sustained as a result of such failure.

TRANSFER OF TITLE OR INTEREST. This Agreement shall be binding upon the parties Parties hereto, their successors, administrators, executors, executors and assigns. In the event, event the entire operation or any part thereof is sold, leased, transferred, transferred or taken over by sale, transfer, lease assignment, receivership or bankruptcy proceeding, such operation shall Superior Propane Jan. Dec. Doc continue to be subject to the terms and conditions of this Agreement for the life thereof. It is understood by this Section that the parties The Parties hereto shall not use any leasing device to a third party to evade this Agreement except as expressly stated otherwise in this Agreement. The Employer Company shall give notice of the existence of this Agreement to any purchaser, transferee, lessee lessee, or assignee of the operation covered by this Agreement or any part thereof. Such notice shall be in writing and a copy thereof shall be delivered to the Union prior to the time the Employer Company executes the contract of sale, lease or transfer. The Union shall also be informed of the nature of the transaction, not including financial details. In the event the Employer Company fails to give notice as herein required, required or fails to provide the Union with particulars herein required, the Employer Company shall be liable to the Union and to the employees covered by this Agreement Agreement, for all loss or damages sustained as a result of such failure. The Company shall not require, as a condition of continued employment, that, any employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the business.

TRANSFER OF TITLE OR INTEREST. This Agreement shall be binding upon the parties hereto, their successors, ,administrators, executors, and assigns. In the event, event the entire operation or any part thereof is sold, leased, transferred, or taken over by sale, transfer, lease assignment, ,receivership or bankruptcy proceedingproceedings, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. It is understood by this Section that Sectionthat the parties hereto shall not use any leasing device to a third party to evade this Agreementcontract. The Employer shall give notice of the existence of this Agreement to any purchaser, transferee, lessee or assignee of the operation covered by this Agreement or any part thereof. Such notice shall be in writing and a copy thereof shall be delivered to the Union prior to after the time the Employer executes the contract of sale, lease transfer or transferlease. The Union shall also be informed of the nature of the transaction, not including financial details. In the event the Employer fails to give notice as herein required, or fails to provide the Union with particulars herein required, the Employer shall be liable to the Union and to the employees covered by this Agreement for all loss or damages sustained as a result of such failure. The Employershall not require,as a condition of continued employment, that an employee purchase or assume any proprietary interest or other obligation in the business or to provide any truck or vehicle to perform his job.

TRANSFER OF TITLE OR INTEREST. This Agreement shall be binding upon the parties Parties hereto, their successors, administrators, executors, executors and assigns. In the event, event the entire operation or any part thereof is sold, leased, transferred, transferred or taken over by sale, transfer, lease assignment, receivership or bankruptcy proceeding, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. It is understood by this Section that the parties The Parties hereto shall not use any leasing device to a third party to evade this Agreement except as expressly stated in this Agreement. The Employer Company shall give notice of the existence of this Agreement to any purchaser, transferee, lessee lessee, or assignee of the operation covered by this Agreement or any part thereof. Such notice shall be in writing and a copy thereof shall be delivered to the Union prior to the time the Employer Company executes the contract of sale, lease or transfer. The Union shall also be informed of the nature of the transaction, not including financial details. In the event the Employer Company fails to give notice as herein required, required or fails to provide the Union with particulars herein required, the Employer Company shall be liable to the Union and to the employees covered by this Agreement Agreement, for all loss or damages sustained as a result of such failure. The Company shall not require, as a condition of continued employment, that, any employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the business.

TRANSFER OF TITLE OR INTEREST. This Agreement shall be binding upon the parties hereto, their successors, administrators, executors, and assigns. In the event, the entire operation or any part thereof is sold, leased, transferred, or taken over by sale, transfer, lease assignment, receivership or bankruptcy proceeding, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. It is understood by this Section that the parties hereto shall not use any leasing device to a third party to evade this Agreement. The Employer shall give notice of the existence of this Agreement to any purchaser, transferee, lessee or assignee of the operation covered by this Agreement or any part thereof. Such notice shall be in writing and a copy thereof shall be delivered to the Union prior to the time the Employer executes the contract of sale, lease or transfer. The Union shall also be informed of the nature of the transaction, not including financial details. In the event the Employer fails to give notice as herein required, or fails to provide the Union with particulars herein required, the Employer shall be liable to the Union and to the employees covered by this Agreement for all loss or damages sustained as a result of such failure.