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, 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 contract. (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 prior to the time the Employer executes the contract of sale, lease or transfer. The Union shall also be informed of the exact 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 purchaser, transferee, lessee or assignee to assume the obligations of this Agreement, 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, provided that the Employer shall not be so liable after the purchaser, transferee, lessee or assignee has agreed to assume the obligations of the Agreement. (d) The Employer shall not require as a condition of continued employment, that an employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the business. (e) In the event that an employee provides a motor vehicle or other mobile equipment for use by the Employer, all reasonable costs, including depreciation, to the said employee in connection therewith while such motor vehicle or other mobile equipment is actually in use on behalf of the Employer, shall be paid by the Employer to the employee in addition to all wages payable hereunder.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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TRANSFER OF TITLE OR INTEREST. (a) This Agreement shall be binding upon the parties hereto, their successors, administrators, executors 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 proceedingproceedings, 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 contract. (c) 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 prior to after the time the Employer executes executed the contract of sale, lease transfer or transferlease. The Union shall also be informed of the exact 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 purchaser, transferee, lessee or assignee to assume the obligations of this AgreementUnion with particulars herein required, the Employer 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, provided that the Employer shall not be so liable after the purchaser, transferee, lessee or assignee has agreed to assume the obligations of the Agreement. (d) The Employer shall not require require, as a condition of continued employment, that an employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the businessbusiness or to provide any truck or vehicle to perform his job. (e) In the event that an employee provides a motor vehicle or other mobile equipment for use by the Employer, all reasonable costs, including depreciation, to the said employee in connection therewith while such motor vehicle or other mobile equipment is actually in use on behalf of the Employer, shall be paid by the Employer to the employee employee, in addition to all wages payable hereunder.

Appears in 1 contract

Samples: Collective Agreement

TRANSFER OF TITLE OR INTEREST. (a) This Agreement shall be binding upon the parties hereto, their successors, administrators, executors executors, and assigns. In the event the entire operation or any substantial part of its entire assets thereof is sold, leased, transferred, or taken over by sale, transfer, lease assignment, receivership receivership, or bankruptcy proceeding, 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 contractContract, within the Province of British Columbia. (c) 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 prior to the time the Employer executes immediately upon consummating and completing the contract of sale, lease or transfer. The Union shall also be informed of the exact 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 purchaser, transferee, lessee or assignee to assume the obligations of this Agreement, 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, provided that the Employer shall not be so liable after the purchaser, transferee, lessee or assignee has agreed to assume the obligations of the Agreement. (d) The Employer shall not require require, as a condition of continued employment, that an employee purchase any truck or other vehicular equipment equipment, or that any employee purchase or assume any proprietary interest or other proprietary obligation in the business. (e) In the event that an employee provides a motor vehicle or other mobile equipment for use by the Employer, all reasonable costs, including depreciation, depreciation to the said employee in connection therewith while such motor vehicle or other mobile equipment is actually in use on behalf of the Employer, shall be paid by the Employer to the employee in addition to all wages payable hereunder. (f) The Employer agrees, when employing outside trucking firms, to use companies having agreements with the Teamsters Union wherever possible.

Appears in 1 contract

Samples: Collective Agreement

TRANSFER OF TITLE OR INTEREST. (a) This Agreement shall be binding upon the parties hereto, their successors, administrators, executors 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 proceedingproceedings, 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 contract. (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 prior to after the time the Employer executes the contract of sale, lease transfer or transferlease. The Union shall also be informed of the exact 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 purchaser, transferee, lessee or assignee to assume the obligations of this AgreementUnion with particulars herein required, the Employer 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, provided that the Employer shall not be so liable after the purchaser, transferee, lessee or assignee has agreed to assume the obligations of the Agreement. (d) The Employer shall not require require, as a condition of continued employment, that an employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the businessbusiness or to provide any truck or vehicle to perform his job. (e) In the event that an employee provides a motor vehicle or other mobile equipment truck for use by the Employer, all reasonable costs, including depreciation, to the said employee in connection therewith while such motor vehicle or other mobile equipment truck is actually in use on behalf of the Employer, shall be paid by the Employer to the employee in addition to all wages payable hereunder.

Appears in 1 contract

Samples: Collective Agreement

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TRANSFER OF TITLE OR INTEREST. (a) This Agreement shall be binding upon the parties hereto, their successors, administrators, executors 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 proceedingproceedings, 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 lease out Company trucks to a third party to evade this contract. (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 prior to after the time the Employer executes the contract of sale, lease transfer or transferlease. The Union shall also be informed of the exact 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 purchaser, transferee, lessee or assignee to assume the obligations of this AgreementUnion with particulars herein required, the Employer 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, provided that the Employer shall not be so liable after the purchaser, transferee, lessee or assignee has agreed to assume the obligations of the Agreement. (d) The Employer shall not require require, as a condition of continued employment, that an employee purchase any truck or other vehicular equipment or that any employee purchase or assume any proprietary interest or other obligation in the businessbusiness or to provide any truck or vehicle to perform his job. (e) In the event that an employee provides a motor vehicle or other mobile equipment truck for use by the Employer, all reasonable costs, including depreciation, to the said employee in connection therewith while such motor vehicle or other mobile equipment truck is actually in use on behalf of the Employer, shall be paid by the Employer to the employee in addition to all wages payable hereunder.

Appears in 1 contract

Samples: Collective Agreement

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