NEW OWNER. In the event of bona fide sale or transfer of any store covered by this Agreement during the period hereof, the new owner or such transferee shall be notified of the existence of this Agreement. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement, but, except as provided in this Section, shall have no further or other obligations whatsoever, notwithstanding any other provision to the contrary in this Agreement.
NEW OWNER. This Agreement shall be binding upon the successors and assigns of the parties hereto. In the event of a bona fide sale or transfer of any store covered by this Agreement during the period hereof, the new owner or such transferee shall be notified of the obligation of this Agreement and be required to become a party hereto. In the event of a bona fide sale or transfer of thirty percent (30%) or more of the stores in Southern California within a period of three (3) months, the new owners or such transferee shall be notified of the obligation of this Agreement and be required to become a party hereto. In the event of a bona fide sale or transfer of less than thirty percent (30%) of the stores in Southern California within a period of three (3) months, the new owners or such transferee shall not be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement.
NEW OWNER. In the event of bona fide sale or transfer of any pharmacy covered by this Agreement during the period hereof, the new owner or such transferee shall be notified of the existence of this Agreement. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement, but, except as provided in this Section, shall have no further or other obligations whatsoever, notwithstanding any other provision to the contrary in this Agreement.
NEW OWNER. This Agreement shall be binding upon the successors and assigns of the parties hereto. In the event of bona fide sale or transfer of thirty percent (30%) or more of the stores in Southern California, within a period of three (3) months, the new owner or such transferee shall be notified of the obligation of this Agreement and be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement.
NEW OWNER. This Agreement shall be binding upon the successors and assigns of the parties hereto. In the event of bona fide sale or transfer of Employer’s business covered by this Agreement during the period hereof, the successor or such transferee shall be notified of the obligation of this Agreement and be re quired to become a party hereto.
NEW OWNER. If You sell Your Vehicle during the Period of Cover, You may transfer the benefits of this S.C.I to the new owner of Your Vehicle, provided that You sell Your Vehicle privately and not through a garage, motor trader, auctioneers or similar company. The transfer will be subject to a £35 administration fee. The transfer will be subject to the Administrator’s approval and the fee will be returned in the event of non-acceptance.
NEW OWNER. If Landlord shall sell, assign, or convey its right, title and interest in premises to another (called herein "new owner"), this Lease shall continue in full force and effect; Tenant shall in all respects recognize the new owner as its Landlord under this Lease, paying all rents and complying with all terms of this Lease. In such event, Landlord shall turn over Tenant's security deposit, if any, to the new owner. Landlord's liability to return same to Tenant shall then cease, and the new owner shall then be obligated to return security deposit to Tenant subject to the terms and conditions of this Lease. The new owner shall have all of Landlord's rights and shall assume all of Landlord's obligations hereunder.
NEW OWNER. This Agreement shall be bind ing upon the successors and assigns of the parties hereto. During the life of this Agreement, the em ployee benefits provided for herein shall not be affected by the sale or transfer of the business provid ing the employee, or employees, are retained in em ployment by the new Employer for a period of more than sixty (60) days.
NEW OWNER. The Partnership shall cause each person who becomes a partner of the Partnership or a shareholder of the Funding Corporation or LSP Energy to become a party to each Senior Security Document relating to the interests acquired in the Partnership, LSP Energy or the Funding Corporation, as applicable (and such Senior Security Documents may be so modified without the consent of the Holders or any other Senior Secured Party), and to execute such other documents required to preserve the Liens purported to be granted by the Senior Security Documents and to furnish to the Trustee and the Collateral Agent such documents, certificates or legal opinions from counsel to such person and the Partnership with respect to the foregoing as the Trustee or the Collateral Agent shall reasonably request (in each case in form and substance substantially consistent with the correlative documents, certificates and legal opinions from counsel delivered on the Closing Date). 101
NEW OWNER. The Tenant must, if asked to by the Landlord, give the Landlord a substitute Bank Guarantee addressed to a person nominated by the Landlord who is a person who has purchased, or agreed to purchase, the Premises or who will be entitled to possession at the end of this Lease.
