MAINTENANCE OF STATUS QUO Sample Clauses

MAINTENANCE OF STATUS QUO. Should negotiations for a new enterprise agreement not be finalised prior to the nominal expiry date of this Agreement, existing rates of pay and conditions will continue to be observed by the Parties for all employees covered by this Agreement.
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MAINTENANCE OF STATUS QUO. We agree that, commencing immediately, each party is restrained from selling, transferring, encumbering, concealing or in any manner whatsoever disposing of any property, real or personal, belonging to either or both parties except (1) by agreement of both parties, the agreement needs to be confirmed either in the confidential minutes of a meeting or in a confirming email between the parties, or (2) for reasonable and necessary living expenses, or
MAINTENANCE OF STATUS QUO. The City shall be obligated to negotiate over existing conditions that are mandatory subjects of bargaining or the mandatory bargainable impacts, whether or not they are covered by this agreement, if the City intends to alter, change or modify such conditions. In the event the City desires to amend or modify or change the status quo that is a mandatory subject of bargaining or that has a mandatory impact, the City will provide the Association President or his/her designee with written notice of the proposed change. The Association shall have ten (10) days to object in writing to the person proposing the change or their designee. The failure of the Association to object in writing to the proposed change within ten (10) days of the notice provided for above shall serve as a waiver of the Association’s right to bargain. The Association’s written objection shall specify the nature of the objection and identify whether the Association believes the proposed change involves a mandatory bargainable subject or a mandatory bargainable impact of a permissive subject. Thereafter, the parties shall bargain in good faith over said changes for a period not to exceed thirty (30) days. If after the passage of thirty (30) days, the parties have not reached agreement, either party may declare an impasse and initiate interest arbitration pursuant to ORS 243.746 by requesting a list of eleven (11) Oregon and/or Washington arbitrators from the Employment Relations Board who are members of the American Arbitration Association (AAA). If the parties cannot mutually agree to an arbitrator, they will by lot alternately strike names and the last one (1) will be the arbitrator. The arbitrator shall conduct a hearing within thirty (30) days of announcement of his/her selection, or at such other time as the parties mutually agree.
MAINTENANCE OF STATUS QUO. Network60, LLC agrees, for a period ending with the Closing that, unless otherwise consented to in writing by DTOMI, it shall:
MAINTENANCE OF STATUS QUO. If a Deadlock Event (other than in relation to a Fundamental Deadlock Matter) is not resolved before the end of the Escalation Period or, where it relates to the funding of Excess Amounts, the Funding Deadlock Expiry Date, the Deadlock Event will be deemed to have lapsed and the status quo will prevail.‌
MAINTENANCE OF STATUS QUO. 12.6.1 While a dispute/grievance is being dealt with in accordance with this clau se, work should continue in accordance with usual practice, unless clause 12.6.3 applies.
MAINTENANCE OF STATUS QUO. Should negotiations for a new collective agreement not be finalised prior to the nominal expiry date of this agreement, existing rates of pay and conditions will continue to be observed for all employees by the parties. For this purpose the employer agrees, at the request of the Union to the extension of the nominal expiry date of the agreement for a period of up to 12 months.
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MAINTENANCE OF STATUS QUO. PSC agrees that from the date of execution of this Agreement until the Closing Date, it will not (1) offer or sell, or negotiate with or entertain any proposals from any other person for any such offer or sale of the Purchased Assets, or (2) negotiate with or entertain any proposals from any other persons for any other transaction wherein the Purchased Assets would be acquired, directly or indirectly, by any party other than Power Products. Until the Closing Date, PSC will use its best efforts to preserve intact PSC's customers, business organization and existing business relationships related to the Purchased Assets. In this regard PSC agrees that during the period from the time it executes this Agreement to the Closing Date, PSC will conduct its business in the ordinary course and will not, without the prior written consent of Power Products, enter into any contract or commitment, incur any liability or take any other action related to the Purchased Assets where such contract, commitment, liability or action is not in the ordinary course of business.
MAINTENANCE OF STATUS QUO. Seller agrees that from the date of execution of this Agreement until the Closing Date, it will not (i) offer or sell, or negotiate with or entertain any proposals from any other person for any such offer or sale of the Purchased Assets, or (ii) negotiate with or entertain any proposals from any other persons for any other transaction wherein the Purchased Assets would be acquired, directly or indirectly, by any party other than Buyer. Seller agrees that during the period from the time it executes this Agreement to the Closing Date, Seller will conduct its business in the ordinary course and will not, without the prior written consent of Buyer, enter into any contract or commitment, incur any liability or take any other action related to the Purchased Assets where such contract, commitment, liability or action is not in the ordinary course of business.
MAINTENANCE OF STATUS QUO. Seller shall not cause or allow the Articles of Incorporation or Bylaws of the Company to be amended, and shall not transfer or sell, or cause or allow the Company to issue or sell, any shares of, or grant any options, warrants, conversion privileges or rights of any kind to acquire any share of, any of the capital stock of the Company, except with the prior written consent of Buyer.
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