Successor Rights definition
Examples of Successor Rights in a sentence
After appointment, the successor Rights Agent will be vested with the same powers, rights, duties and responsibilities as if it had been originally named as Rights Agent without further act or deed; but the predecessor Rights Agent shall deliver and transfer to the Successor Rights Agent any property at the time held by it hereunder, and execute and delivery any further assurance, conveyance, act or deed necessary for the purpose.
In the event any services are transferred from one employer to another employer and such a transfer of services is not subject to the Transfer of Business and Successor Rights provisions of the Trade Union Act of Nova Scotia; the employer and the Union will meet on behalf of the affected Nurses to provide information as to the impact of the transfer or sale on such Nurses.
The Parties agree that Section 35 of the Labour Relations Code shall be observed with regard to Successor Rights and Obligations.
This Amendment and the Rights Agreement shall be for the sole and exclusive benefit of the Company, the Former Rights Agent, the Successor Rights Agent and the registered holders of the Rights Certificates (and, prior to the Distribution Date, the Common Shares and Preferred Shares).
Nothing in this Amendment shall be construed to give to any Person other than the Company, the Former Rights Agent, the Successor Rights Agent and the registered holders of the Rights Certificates (and, prior to the Distribution Date, the Common Shares and Preferred Shares) any legal or equitable right, remedy or claim pursuant to this Amendment or the Rights Agreement.
In the event any services are transferred from one employer to another employer and such a transfer of services is not subject to the Transfer of Business and Successor Rights provisions of the Trade Union Act of Nova Scotia; the employer, the successor employer and the Union will meet on behalf of the affected Nurses to provide information as to the impact of the transfer or sale on such Nurses.
Each of the parties hereto agrees to take any and all actions necessary to cause SunTrust to serve as Rights Agent under the Rights Agreement, including, without limitation, the Company sending notice, prior to the Effective Date, to AmSouth and each transfer agent of the Company's stock that SunTrust has been appointed Successor Rights Agent under the Rights Agreement.
The Company and the Union agree that the provisions of the Ontario Labour Relations Act (Sections and pertaining to Successor Rights and Obligations shall apply to the present agreement.
In the event any services are transferred from one Employer to another Employer and such a transfer of services is not subject to the Transfer of Business and Successor Rights provisions of the Trade Union Act of Nova Scotia, the Employer will request a meeting with the successor Employer and the Union to meet on behalf of the affected Nurses to provide information as to the impact of the transfer or sale on such Nurses.
The Company hereby appoints the Successor Rights Agent as Rights Agent for the Rights Agreement as of the date first written above.