Operations Transfer Clause Samples
The Operations Transfer clause defines the terms and conditions under which operational responsibilities, assets, or processes are transferred from one party to another. Typically, this clause outlines the scope of the transfer, the timeline, and any obligations each party must fulfill to ensure a smooth transition, such as providing necessary documentation or training. Its core practical function is to ensure continuity of operations and minimize disruptions by clearly delineating the steps and responsibilities involved in transferring operational control.
Operations Transfer. When an operation transfers or divisions or fractions thereof are transferred, from one Representational area to another for a period of more than seven (7) regularly scheduled working days, employees affected will be given the opportunity to transfer on the basis of seniority, desire and classification. The Employer agrees that in such a transfer there shall first be a discussion with the Local Union President (or designee) in order to provide for the protection of the seniority of the employee involved. When a transfer occurs in accordance with this section, the employee involved shall have at least five (5) regularly scheduled working days’ notice.
Operations Transfer. The District assumed operational responsibility for the ▇▇▇▇▇ Regional Library on July 1, 2015, at which time the Town transferred to the District ll materials previously housed in the library or stored for library use. The Town (hereby agrees to allow the District to store library materials in a storage shed on Town property until the new building is complete.
Operations Transfer. The District assumed operational responsibility for the Lyons Regional Library on July 1, 2015, at which time the Town transferred to the District all materials previously housed in the library or stored for library use. The Town hereby agrees to allow the District to store library materials in a storage shed on Town property until the Library Building is complete.
Operations Transfer. Within twenty-four (24) hours of the occurrence of an Operations Transfer Event and delivery by Sublandlord to Subtenant of a written notice that an Operations Transfer Event has occurred, Subtenant shall execute the operations transfer agreement as of such date, in the form attached hereto as Exhibit H, which agreement shall govern the transition of operations from Subtenant to Sublandlord, Prime Landlord, or a third party operator selected by Sublandlord, as the case may be.
Operations Transfer. The District shall assume operational responsibility for the Lyons library on July 1, 2015. Such responsibility shall include hiring and paying employees to operate the library, paying for utilities and other costs and services necessary to operate the library, paying for insurance, setting policies for patrons' use of the library and its materials, and other actions customarily taken to operate a library. The Town shall transfer to the District on or before July 1, 2015, all materials currently housed in the library or stored for library use, as well as all furniture, fixtures and equipment used or available to be used in library operations, whether at the current temporary library location at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ (the “Main Street site”), in storage facilities, or at the Depot library building at ▇▇▇ ▇▇▇ ▇▇▇▇▇▇ (▇▇▇ “Depot site”). The consideration for the transfer shall be the District's performance of this Agreement, including relieving the Town of financial and supervisory responsibility for operating the library.
Operations Transfer. The parties hereby agree that, in the event of (a) a default under the terms of the [Sublease Agreement]/2/ to which [Kindred Nursing Centers South, L.L.C. ("Kindred South")/Kindred Nursing Centers East, L.L.C. ("Kindred East")] and the New ---------- /1/ For the Fairhaven Facility, the agreement will be revised to refer to the Lease Agreement. /2/ For the Fairhaven Facility, the provision will be revised to refer to the Lease Agreement. Operator are parties, (b) the expiration or earlier termination of such [Sublease Agreement] or (c) the commencement of winding down of operations at the Facility, Kindred or [Kindred South / Kindred East] may elect to require the New Operator to reassign the Assumed Facility Contracts to Kindred or its assignee in the manner set forth in Exhibit G to the Sublease Agreement.]/3/
Operations Transfer. Agreements substantially in the form of Exhibit “H” to the extent necessary for the Buyer to obtain the Regulatory Approvals; and
Operations Transfer