SUCCESSOR IN BUSINESS Sample Clauses

SUCCESSOR IN BUSINESS. This agreement shall be binding upon and inure to the benefit of the successor in business of the Company at the said Site. INVISTA (Canada) Company Kingston Independent Nylon Workers Union Site Manager - Kingston Site Union President Negotiations Team: Bargaining Committee: Effective Effective Effective CODE PRODUCTION CLASSIFICATIONS 2007-01-28* 2008-01-28 2009-01-28 06 Polymer Specialist 28.45 29.02 29.60 10 Polymer Technician 3 27.53 28.08 28.64 11 Polymer Technician 2 24.93 25.43 25.94 12 Polymer Technician 1 24.29 24.78 25.28 07 Polymer Operator “A” 27.09 27.63 28.18 08 Polymer Operator “B” 26.56 27.09 27.63 09 Polymer Operator “C” 26.04 26.56 27.09 16 Batch Operator/Polymer Operator “A” 26.56 26.56 26.56 17 Batch Operator 23.01 23.47 23.94 15 Spinning Technician 25.30 25.30 25.30 19 Textile Machine Operator “A” 22.56 22.56 22.56 24 Manufacturing Technician IV 22.56 22.56 22.56 25 Manufacturing Technician III 20.09 20.09 20.09 26 Manufacturing Technician II 17.92 17.92 17.92 27 Manufacturing Technician I 15.96 15.96 15.96 64 Fibre Specialist 23.01 23.47 23.94 63 Fibre Technician 3 20.49 20.90 21.32 62 Fibre Technician 2 18.28 18.65 19.02 61 Fibre Technician 1 16.28 16.61 16.94 42 Material Specialist 20.49 20.90 21.32 43 Material Operator 18.28 18.65 19.02 94 Student 12.00 12.24 12.48 95 Temporary Manufacturing Trainee 15.00 15.30 15.61 60 Fibre Trainee (Temporary) 15.00 15.30 15.61 LABORATORY CLASSIFICATIONS 31 Laboratory Technician 1st Class 26.99 26.99 26.99 32 Laboratory Technician 2nd Class 24.99 24.99 24.99 36 Research Laboratory Specialist 27.53 28.08 28.64 33 Laboratory Specialist 24.93 25.43 25.94 34 Laboratory Technician 23.01 23.47 23.94 35 Laboratory Operator 20.49 20.90 21.32 SERVICE CLASSIFICATIONS 36 Solution Preparation Operator 24.99 24.99 24.99 38 Fire Inspector 24.44 24.44 24.44 41 Materials Handler 24.44 24.44 24.44 ENGINEERING CLASSIFICATIONS 50 Stationary Engineer 2nd Class 30.36 30.97 31.59 61 Stationary Engineer 3rd Class 27.09 27.63 28.18 74 Stationary Engineer 4th Class 24.93 25.43 25.94 51 Maintenance Technician 1st Class 29.92 30.52 31.13 62 Maintenance Technician 2nd Class 27.09 27.63 28.18 75 Maintenance Technician 3rd Class 24.93 25.43 25.94 81 Trainee 24.29 24.78 25.28 WAGE INCREASES SCHEDULE “A” Employees hired into Maintenance with apprentice qualifications, but without journeyman certification, will receive: seventy-five percent (75%) of Trainee rate; eighty- five percent (85%) of Maintenance Technician 3rd class rat...
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SUCCESSOR IN BUSINESS. This agreement shall be binding upon and inure to the benefit of the successor in business of the Company at the said Site. DuPont Canada Inc. Kingston Independent Nylon Workers Union Bargaining Committee: SCHEDULE =A” Employees in all classifications with the excep- tion of Student and Temporary Manufacturing Trainee are eligible to participate in the DuPont Canada Inc. Performance Sharing Program, the general application of which shall be in con- formity in respect of all participants in the program. Participation in the program is entirely at the option of the employee. Hourly Rates* Effective Effective CODES PRODUCTION CLASSIFICATIONS Polymer Technician ................
SUCCESSOR IN BUSINESS. This agreement shall be binding upon and inure to the benefit of the successor in business of the Company at the said Site. DuPont Canada Inc. Kingston Independent Nylon Workers Union Team: Bargaining Committee: SCHEDULE “A” Production Classifications Hourly Rates Effective Effective Jan. Jan. ............................. ................ Polymer Operator “A ..........................
SUCCESSOR IN BUSINESS. Lovelace shall request and shall provide Heritage with a certificxxx xxxxencing that no taxes are due from Lovelace to the State of New Mexico under the successor in businexx xxxxxsions of NMSA ss. 7-1-61, et seq. ("Tax Certificate").
SUCCESSOR IN BUSINESS. Seller and Buyers will perform the duties and obligations imposed by XXXX 0000, §§ 7-1-61 to -63 (1997), with respect to a “successor in business.” Prior to Closing, Seller shall have filed Seller’s final CRS-1 return with the New Mexico Taxation and Revenue Department (“TRD”) and shall have paid all taxes due as of Closing on account of the businesses conducted with respect to the Land (the “Businesses”). Consistent with the provisions of XXXX 0000, §§ 7-1-61 to -63 (1997), as soon as is reasonably possible after executing this Agreement, Buyers will apply to the TRD for a certificate that no taxes are due (“Tax Clearance Certificate”), sufficient to discharge Buyers from liability as a “successor in business” under §§ 7-1-61 to – 63. Seller will cooperate in the filing of the application, providing information and any signatures required to be included in the TRD form of application for Tax Clearance Certificate, and Seller will make Seller’s books and records available for audit by the TRD, if such books are records are requested by the TRD. As required by XXXX 0000, § 7-1- 61(C), at Closing, the Parties shall cause Title Company, to retain in escrow the sum of Fifty Thousand and 00/100 Dollars ($50,000.00) to cover taxes owed by Seller from operating the Business but unpaid (“Trust Retained Amount”). If within 60 days of receiving Buyers’ request for a Tax Clearance Certificate, the TRD issues such a Tax Clearance Certificate, then the Parties shall, immediately upon Buyers’ receipt of the Tax Clearance Certificate, direct the Title Company to pay the entire Trust Retained Amount to Seller and such payment shall be reflected in the Final Settlement Statement. If within 90 days of receiving Buyers’ request for a Tax Clearance Certificate, the TRD has failed to (a) issue the Tax Clearance Certificate or (b) notify Buyers of the amount of tax due from operating the Business which must be paid as a condition of issuance of the Tax Clearance Certificate, then, immediately upon expiration of such 90-day period, the Parties shall direct the Title Company to pay the entire Trust Retained Amount to Seller, consistent with the provisions of §§ 7-1-62 and such payment shall be reflected in the Final Settlement Statement. If, however, within 60 days of receiving Buyers’ request for a Tax Clearance Certificate, the TRD notifies Buyers of the amount of tax due from operating the Business which must be paid as a condition of issuance of the Tax Clearance Certificate,...
SUCCESSOR IN BUSINESS. This agreement shall be binding upon and inure to the benefit of the successor in business of the Company at the said Site. CANADA INC. Xxxxxxxx Manager, Human Resources, Kingston Site May Site Manager, Kingston Site Senior Vice-President KINGSTON INDEPENDENT NYLON WORKERS UNION Xxxx Union President Xxxx Xxxxx Xxxxx Xxxxxxx Xxxxx SCHEDULE “A” Codes Production Classifications Salt Preparation Operator ............ Operator. ........

Related to SUCCESSOR IN BUSINESS

  • Successor in Interest If the Account Owner dies before the entire interest in the account is distributed, the entire account will be disposed of as follows: • If the Beneficiary is the Account Owner’s spouse, the HSA will become the spouse’s HSA as of the date of death. • If the Beneficiary is not the Account Owner’s spouse, the HSA will cease to be an HSA as of the date of death. If the Beneficiary is the Account Owner’s estate, the fair market value of the account as of the date of death is taxable on the Account Owner’s final return. For other Beneficiaries, the fair market value of the account is taxable to that person in the tax year that includes such date.

  • Successor Company Substituted (a) Upon any consolidation or merger by the Company with or into any other Person, or any conveyance, transfer or lease by the Company of its properties and assets substantially as an entirety to any Person in accordance with Section 8.1 and the execution and delivery to the Trustee of the supplemental indenture described in Section 8.1(a), the successor entity formed by such consolidation or into which the Company is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; and in the event of any such conveyance or transfer, following the execution and delivery of such supplemental indenture, the Company shall be discharged from all obligations and covenants under the Indenture and the Securities.

  • Successor Person Substituted Upon any consolidation by the Company with or merger by the Company into any other Person or any conveyance, transfer or lease of the properties and assets of the Company substantially as an entirety in accordance with Section 801, the successor Person formed by such consolidation or into which the Company is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein, and thereafter, except in the case of such lease, the predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE

  • Successor Laws Any reference to any particular Code section or any other Law will be interpreted to include any revision of or successor to that section regardless of how it is numbered or classified.

  • Successor Companies In the case of the amalgamation, consolidation, arrangement, merger or transfer of the undertaking or assets of the Company as an entirety or substantially as an entirety to or with another person (a "successor company"), the successor company resulting from the amalgamation, consolidation, arrangement, merger or transfer (if not the Company) shall be bound by the provisions hereof and all obligations for the due and punctual performance and observance of each and every covenant and obligation contained in this Indenture to be performed by the Company and the successor company shall by supplemental indenture satisfactory in form to the Warrant Agent and executed and delivered to the Warrant Agent, expressly assume those obligations.

  • Successor Person Substituted for Company Upon any consolidation or amalgamation by the Company with or merger of the Company into any other Person or any conveyance, transfer or lease of the properties and assets of the Company substantially as an entirety to any Person in accordance with Section 8.1, the successor Person formed by such consolidation or amalgamation or into which the Company is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture, the Securities and the Coupons.

  • Successor Corporation to Be Substituted In case of any such consolidation, merger, sale, conveyance, transfer or lease and upon the assumption by the Successor Company, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the due and punctual payment of the principal of and accrued and unpaid interest on all of the Notes, the due and punctual delivery or payment, as the case may be, of any consideration due upon conversion of the Notes and the due and punctual performance of all of the covenants and conditions of this Indenture to be performed by the Company, such Successor Company (if not the Company) shall succeed to and, except in the case of a lease of all or substantially all of the Company’s properties and assets, shall be substituted for the Company, with the same effect as if it had been named herein as the party of the first part, and may thereafter exercise every right and power of the Company under this Indenture. Such Successor Company thereupon may cause to be signed, and may issue either in its own name or in the name of the Company any or all of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and, upon the order of such Successor Company instead of the Company and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver, or cause to be authenticated and delivered, any Notes that previously shall have been signed and delivered by the Officers of the Company to the Trustee for authentication, and any Notes that such Successor Company thereafter shall cause to be signed and delivered to the Trustee for that purpose. All the Notes so issued shall in all respects have the same legal rank and benefit under this Indenture as the Notes theretofore or thereafter issued in accordance with the terms of this Indenture as though all of such Notes had been issued at the date of the execution hereof. In the event of any such consolidation, merger, sale, conveyance or transfer (but not in the case of a lease), upon compliance with this Article 11 the Person named as the “Company” in the first paragraph of this Indenture (or any successor that shall thereafter have become such in the manner prescribed in this Article 11) may be dissolved, wound up and liquidated at any time thereafter and, except in the case of a lease, such Person shall be released from its liabilities as obligor and maker of the Notes and from its obligations under this Indenture and the Notes. In case of any such consolidation, merger, sale, conveyance, transfer or lease, such changes in phraseology and form (but not in substance) may be made in the Notes thereafter to be issued as may be appropriate.

  • Successor Investment Company Unless this Agreement has been terminated in accordance with Paragraph 11, the terms and provisions of this Agreement shall become automatically applicable to any investment company which is a successor to the Trust as a result of reorganization, recapitalization or change of domicile.

  • Successor Corporation Substituted Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01 hereof, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed to, and be substituted for (so that from and after the date of such consolidation, merger, sale, lease, conveyance or other disposition, the provisions of this Indenture referring to the "Company" shall refer instead to the successor corporation and not to the Company), and may exercise every right and power of the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided, however, that the predecessor Company shall not be relieved from the obligation to pay the principal of and interest on the Notes except in the case of a sale of all of the Company's assets that meets the requirements of Section 5.01 hereof.

  • Successor Custodian If a successor custodian shall be appointed by the Board, the Custodian shall, upon termination, deliver to such successor custodian at the offices of the Custodian, duly endorsed and in the form for transfer, all investments and other properties then held by it hereunder, and shall transfer to an account of the successor custodian all of the Fund’s investments held in a Securities System. If no such successor custodian shall be appointed, the Custodian shall, in like manner, upon receipt of a copy of a vote of the Board, certified by the secretary or an assistant secretary of the applicable Fund, deliver at the offices of the Custodian and transfer such investments, funds and other properties in accordance with such vote. In the event that no written order designating a successor custodian or certified copy of a vote of the Board shall have been delivered to the Custodian on or before the date when such termination shall become effective, then the Custodian shall have the right to deliver to a bank or trust company, which is a "bank" as defined in the 1940 Act, doing business in Boston, Massachusetts, or New York, New York, of its own selection and having an aggregate capital, surplus, and undivided profits, as shown by its last published report, of not less than $100,000,000, all property held by the Custodian under this Agreement and to transfer to an account of such successor custodian all of the Fund’s investments held in any Securities System; thereafter, such bank or trust company shall be the successor of the Custodian under this Agreement. In the event that any property held pursuant to this Agreement remains in the possession of the Custodian after the date of termination hereof owing to failure of the Fund to procure the certified copy of the vote referred to or of the Board to appoint a successor custodian, the Custodian shall be entitled to fair compensation for its services during such period as the Custodian retains possession of such property, and the provisions of this Agreement relating to the duties and obligations of the Custodian shall remain in full force and effect.

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