Sale or Transfer of Building. 1. (a) In case of any sale, lease, transfer or assignment of control, occupancy or operation of the premises (hereinafter referred to as “transfer”) the Employer shall give the Union two (2) weeks' written notice prior to the effective date thereof; the Employer, be he seller, lessor, transferor, assignor or otherwise, shall, as a condition of the transfer, require the transferee to agree in writing to adopt this Agreement and offer employment to all employees of the Employer. Without in any way limiting the other rights and remedies of the Union, anyone failing to adhere to the foregoing provisions shall pay, in addition to such further damages as may be found by the Arbitrator, six (6) months' pay for the benefit of the employees as liquidated damages to them in addition to any other accrued payments due under this Agreement.
Appears in 2 contracts
Samples: 20162 Independent Office Agreement, 20162 Independent Office Agreement
Sale or Transfer of Building. 1. (a) In case of any sale, lease, transfer or assignment of control, occupancy or operation of the premises (hereinafter referred to as “transfer”) the Employer shall give the Union two (2) weeks' ’ written notice prior to the effective date thereof; the Employer, be he it seller, lessor, transferor, assignor or otherwise, shall, as a condition of the transfer, transfer require the transferee to agree in writing to adopt this Agreement and offer employment to all employees of the Employer. Without in any way limiting the other rights and remedies of the Union, anyone failing to adhere to the foregoing provisions shall pay, in addition to such further damages as may be found by the Arbitrator, six (6) months' ’ pay for the benefit of the employees as liquidated damages to them in addition to any other accrued payments due under this Agreementthem.
Appears in 2 contracts
Samples: City Apartment House Agreement, City Apartment House Agreement
Sale or Transfer of Building. 1. (a) In case of any sale, lease, transfer or assignment of control, occupancy or operation of the premises (hereinafter referred to as “"transfer”") the Employer shall give the Union two (2) weeks' written notice prior prio r to the effective date thereof; the Employer, be he it seller, lessor, transferor, assignor or otherwise, shall, as a condition of the transfer, require the transferee to agree in writing to adopt this Agreement and offer employment to all employees of the Employer. Without in any way limiting the other rights and remedies of the Union, anyone failing to adhere to the foregoing provisions shall pay, in addition to such further damages as may be found by the Arbitrator, six (6) months' months ’ pay for the benefit of the employees as liquidated damages to them in addition to any other accrued payments due under this Agreement.
Appears in 2 contracts
Samples: 2016 Independent Loft Agreement, 2016 Independent Loft Agreement
Sale or Transfer of Building. 1. (a) In case of any sale, lease, transfer or assignment of control, occupancy or operation of the premises (hereinafter referred to as “transfer”) the Employer shall give the Union two (2) weeks' ’ written notice prior to the effective date thereof; the Employer, be he seller, lessor, transferor, assignor or otherwise, shall, as a condition of the transfer, require the transferee to agree in writing to adopt this Agreement and offer employment to all employees of the Employer. Without in any way limiting the other rights and remedies of the Union, anyone failing to adhere to the foregoing provisions shall pay, in addition to such further damages as may be found by the Arbitrator, six (6) months' ’ pay for the benefit of the employees as liquidated damages to them in addition to any other accrued payments due under this Agreement.
Appears in 1 contract
Samples: 2016 Independent Office Agreement (Amalgamated Financial Corp.)