Examples of Event of Transfer in a sentence
As above-mentioned, in the EU countries transfer of staff is in principle simple, because the directive of “Safeguarding of Employees’ Right in the Event of Transfer of Undertakings, Business and parts of Business” will secure that the employees maintain their working conditions and other benefits.
The Community also reserves the right, at any time, upon thirty (30) days prior written notice, to adjust the Monthly Service Fee to reflect any unanticipated increases in operating or capital costs.10.2. Monthly Service Fee in the Event of Transfer to Another Independent Living ResidenceYou may elect to move to another Independent Living Residence in the Community, subject to availability, and subject to approval by the CEO.
The Maintenance and Safeguarding of the Employees’ Rights in the Event of Transfer of Undertakings, Businesses, or Parts Thereof, Laws of 2000 (principal Law) and 2003 (amendment Law), came into operation on 7.7.2000 and 2.5.2003, respectively.
If a Member discontinues being employed by the Company or Member’s (the “Transferring Member”) interest is transferred other than as provided in Section 8.11 of this Agreement (the “Event of Transfer”), the Company shall have the option for six (6) months after the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.
The relevant directive from 1977 is called “Safeguarding of Employees’ Right in the Event of Transfer of Undertakings, Business and parts of Business” (directive No. 77/187/EEC), which was amended in 1998 (directive No. 98/50/EC).
On transfer of undertakings, it is important to note that PE takeovers, as share transactions, are not viewed as a change of control which triggers employee rights to information and employment protection under the EU Directive on Safeguarding Employee Rights in the Event of Transfer of Undertakings (TUPE).
CONDITIONS APPLICABLE TO TAXI AND RAMP TAXI MEDALLIONS.* * * *(d) Corporate Medallion Holders.(1) Permits Void in Event of Transfer or Sale of Permit Holder.
In the event that a Member discontinues being employed by the Company or Member’s (hereinafter referred to as the “Transferring Member”) interest is transferred other than as provided in Sub Article 8.11 of this Agreement (hereinafter referred to as the “Event of Transfer”), the Company shall have the option for a period of six (6) months after the date of the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.
In the event that a Member discontinues being employed by the Company, or Member's (hereinafter referred to as the "Transferring Member") interest is transferred other than as provided in Sub Article 9.4 of this Agreement (hereinafter referred to as the "Event of Transfer"), the Company shall have the option for a period of six (6) months after the date of the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.
Section 4.04 Code Section 704 (c)(1)(A).Section 4.05 Certain Definitions.Section 4.06 Determination of Interest in Event of Transfer.