Any Owner Clause Samples
The "Any Owner" clause defines the rights or obligations that apply to any individual or entity holding ownership in a particular asset, property, or interest covered by the agreement. In practice, this means that regardless of who currently owns the asset—whether it is transferred, sold, or inherited—the specified terms will continue to bind or benefit the new owner. This ensures continuity and consistency in the application of the agreement, preventing loopholes that could arise from changes in ownership and maintaining the enforceability of key provisions.
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Any Owner. Operator who has elected to go on the payroll of the Individual Employer shall be governed by the terms of this Agreement as written, and each such Owner-Operator must specifically waive any claim of exemption from any provision of said Agreement based upon an assertion of independent contractor status. Any Owner-Operator member who elects to not go on the payroll must waive any claim of Employee status and rights under 29 United States Code 157.
Any Owner. Operator who has elected to go on the payroll of the Individual Employer shall be