Successor contract definition

Successor contract means negotiations for a collective bargaining agreement covering a bargaining unit that is currently covered by a collective bargaining agreement between the exclusive representative and the employer.
Successor contract means a Contract to provide services that are substantially similar to the services provided by a prior, recently terminated Contract. A Contract will be considered a "recently terminated" Contract subject to the WRO if the Contract was completed, terminated early in whole or part, or amended in a way that reduce services in whole or in part and the awarding department planned to put into place, or contemplated putting into place, another Contract to provide for services that are substantially similar to those provided under the terminated Contract. The resulting Contract to provide those substantially similar services is subject to the WRO as a successor contract.
Successor contract means any contract entered into by First Bank prior to the third anniversary of the Closing Date to sell the Reference Property, in the event the Sale Contract is terminated prior to the third anniversary of the Closing Date.

More Definitions of Successor contract

Successor contract means a Contract where the service to be performed is substantially similar to the Contract recently terminated. The meaning also includes a Contract that is a Public Lease
Successor contract means negotiations for a collective bargaining agreement
Successor contract means a Contract where the Services to be performed are substantially similar to the Contract recently terminated. The meaning also includes a Contract that is a public lease or license substantially similar to a public lease or license recently terminated. Termination includes but is not limited to: (1) the completion of the Contract or its term; (2) early termination of the Contract in whole or in part; or (3) an amendment that reduces services provided under the Contract, in whole or in part.

Related to Successor contract

  • Successor Company shall have the meaning specified in Section 11.01(a).

  • Successor Corporation means a corporation, or a parent or subsidiary thereof within the meaning of Section 424(a) of the Code, which issues or assumes a stock option in a transaction to which Section 424(a) of the Code applies.

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Successor Parent with respect to any Person means any other Person with more than 50% of the total voting power of the Voting Stock of which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined below) by one or more Persons that “beneficially owned” (as defined below) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person. For purposes hereof, “beneficially own” has the meaning correlative to the term “beneficial owner,” as such term is defined in Rules 13d-3 and 13d-5 under the Exchange Act (as in effect on the Issue Date).