Common use of TRANSFER OF TITLE OR INTEREST Clause in Contracts

TRANSFER OF TITLE OR INTEREST. (a) 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, or any company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of the nature of this transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, or bankruptcy proceeding, or any another company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, herein such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of the nature of this the transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) This Agreement shall be binding upon the parties hereto, their successors, administrators. 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, or any company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of the nature of this transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, receivership or bankruptcy proceeding, or any another company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) The Employer 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of the nature of this the transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, or bankruptcy proceeding, or any companyanother Company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of such sale, lease or transfer, to whom said sale, lease or transfer is being made and the nature of this transaction, not including financial detailseffective date thereof.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, or bankruptcy proceeding, or any company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) It is understood by this Section that the parties hereto shall not use any leasing device to a third party to evade this Agreement. (c) 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 immediately after not later than the Employer executes date of the final contract of sale, lease or transfertake-over. The Union shall also be informed of the nature of this the transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, or bankruptcy proceeding, or any another company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) 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 immediately after the Employer executes the final contract of sale, lease or transfer. The Union shall also be informed of the nature of this the transaction, not including financial details.

TRANSFER OF TITLE OR INTEREST. (a) 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, lease assignment, receivership, or bankruptcy proceeding, or any company, limited or otherwise, is set up to perform any of the functions previously performed by the Employer covered herein, such operation shall continue to be subject to the terms and conditions of this Agreement for the life thereof. (b) It is understood by this Section that the parties hereto shall not use any leasing device to a third party to evade this Agreement. (c) 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 immediately after not later than the Employer executes date of the final contract of sale, lease or transfertake-over. The Union shall also be informed of the nature of this the transaction, not including financial details. (d) The Employer shall 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.