Most Favored Nation Clause. Should the Union at any time during the existence of this Agreement grant more favorable conditions to any Employer, the Union agrees to grant those conditions to all Employers signatory to this Agreement. This provision shall not pertain to ARTICLE XV (Work Preservation).
Most Favored Nation Clause. Notwithstanding anything to the contrary in this Agreement until the earlier to occur of (A) the second anniversary of the date hereof and (B) the date on which no Investor holds Registrable Securities, the Company hereby covenants that the terms and conditions applicable to the length and frequency of Blackout Periods shall be at least as favorable as those offered by the Company to any other Person, and this Agreement shall be automatically amended, without any affirmative action taken by the parties hereto, as may be necessary to effect such covenant.
Most Favored Nation Clause. The two Contracting Parties shall, in their territory, accord to the investments and to the income of natural or legal persons of the other Contracting Party a treatment no less favorable than the one most favorable to those invested and the income of their natural or legal persons, Or natural and legal persons from third countries. The two Contracting Parties shall, in their territory, accord to investors of the other Contracting Party, in respect of the management, maintenance, use, enjoyment, acquisition or sale of their investments or any other related business, a treatment no less favorable than that More favorable than those reserved to their own investors or investors of any third State.
Most Favored Nation Clause. Notwithstanding anything to the contrary in this Agreement, the Company hereby covenants that the terms and conditions applicable to the length and frequency of Blackout Periods shall be at least as favorable as those offered by the Company to any other Person, and this Agreement shall be amended as may be necessary to effect such covenant.
Most Favored Nation Clause. If at any time during the term of this Agreement, the XXX or any of its affiliated Locals enters into a collective bargaining agreement with a competitor of any employer member of the STA, the terms of such collective bargaining agreement will at the option of the STA, be deemed to be incorporated into this Agreement as of the date of ratification by the XXX. Upon such incorporation, inconsistent provisions of this Agreement shall be immediately canceled. The XXX will provide the STA with copies of its collective bargaining agreements with competitors of STA employer members immediately upon their ratification by the XXX.
Most Favored Nation Clause. The parties agree that in the event the Union enters into any other agreement effective during any period of this Agreement which other agreement provides for the performance of Ironworkers work in Illinois counties of JoDavies, Carroll, Whiteside, Rock Island, Xxxxx, Xxxxxx, Xxxxxx and Xxxx and Iowa counties of Louisa, Cedar, Muscatine, Xxxxx, Clinton, Jackson, Xxxxx and Dubuque on any term or conditions more favorable than a term or conditions of this Agreement, then in such event at the option of the Construction Employers’ Council of M.B.I., Inc. or the Quad-City Builders Association, Inc. such more favorable term or condition automatically shall become a part of this Agreement for the remaining term of this Agreement. The foregoing sentence shall not apply to the following:
Most Favored Nation Clause. If the Company issues Common Stock -------------------------- or securities convertible into or exercisable for Common Stock or other convertible securities, at a time when any of the Shares remain outstanding, at an effective price per share of Common Stock which is lower than the conversion price of the Shares at that time, then the Company shall, within five (5) business days, deliver to each holder upon conversion an additional number of shares of Common Stock necessary to reduce the effective conversion price to such lower issue price. This Section shall not be applicable to issuances of Common Stock pursuant to (a) any business combination, acquisition transaction, stock or asset purchase undertaken by the Company or (b) any shareholder- approved option plan covering not more than 10% of the Company's outstanding stock.
Most Favored Nation Clause. The parties agree that in the event the Union enters in to any other agreement effective during any period this Agreement, which other agreement provides for the performance of Cement Mason’s work on any term or condition of this Agreement, then in such event, at the option of The Association or Employer, such more favorable term or condition automatically shall become a part of this Agreement for the remaining term of this Agreement. FOR THE ASSOCIATED CONTRACTORS: Xxxxxxx X. Xxxx Xxxxx X. Xxxx Xxxxxxx X. Xxxxxx Date: FOR THE CEMENT MASONS’ LOCAL UNION NO. 18, AREA 544 Xxxxxx Xxxxxx, Business Agent Xxxx Xxxxxx, Business Manager The undersigned contractor, or association of contractors, does hereby become an additional signatory employer party to this Agreement. COMPANY Signed By: Address: City and State: Date: ACCEPTED AND AGREED: CEMENT MASONS, UNION LOCAL XX. 00, XXXX 000 By:
Most Favored Nation Clause. 1. Each Contracting Party, within its territory, shall accord to the investments made and to the proceeds of. Investors of the other Contracting Party, a treatment no less favorable than that accorded to investments made and to the proceeds of its nationals or investors, third States, whatever the most favorable treatment accorded.
Most Favored Nation Clause. MOST FAVORED NATION CLAUSE—The Union agrees that in the event it grants more favorable terms or conditions, other than those contained in this agreement, to any employer or association, the Union will extend those same terms and conditions to the parties to this agreement. The Union further agrees that it will not enter into any project labor agreements or side letter agreements that contain more favorable terms than those contained in this agreement without offering those same terms to the parties to this Agreement on that project. The Union recognizes the threat of non-union competition and will do all possible to promote Union construction, including holding pre-bid and/or pre-job conferences on an individual job basis to mutually agree on ways to enable the Union Employers to be more competitive with non-union Employers. The parties recognize the threat of unfair competition in certain areas and types of work from contractors who do not conform to the standards provided in this collective bargaining agreement. In order to address that problem, the Employer may request relief from certain provisions of the collective bargaining agreement. The Employer shall contact the Executive Secretary/Treasurer of the Council or his designee to discuss the relief being requested. If an agreement on relief is granted, it will be reduced to writing, and reasonable efforts will be made to advise other signatory contractors who are bidding on the project of the relief. It is expressly understood that no modification or deviation may be made from the existing collective bargaining agreement except by mutual agreement of the parties. It is further understood that failure to reach an agreement under this provision shall not be subject to arbitration. It is the intent of the parties that this procedure will be utilized where circumstances warrant and that the Employer will not abuse this procedure. Relief granted under this section shall not constitute a violation of the most favored nation provisions of Section 4 of this Article.
