Transfer of Business definition

Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the business function of the Company in which the Participant was employed, or (ii) an outsourcing to another entity of a business function of the Company in which the Participant was employed.
Transfer of Business means the transfer, transmission, conveyance, assignment or succession, whether by agreement or by operation of law, of the whole or any part of the business, undertaking or establishment to which this Agreement applies.
Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a

Examples of Transfer of Business in a sentence

  • Where there is a Transfer of Business, the provisions in the Act will apply.

  • The provisions of Part 8, Protection of Entitlements on Transfer of Business, of Chapter 2, Employment, of the Industrial Relations Xxx 0000 shall apply to any transfer of business by the company.

  • 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.

  • The parties to this Agreement agree and clearly intend that any sale or lease of a business (in which employees covered by this Agreement are engaged) pursuant to the Electricity Corporations (Restructuring and Disposal) Act 1999 will constitute a transfer of business Under Part 2-8 – Transfer of Business (Division 2 – Transfer of Instruments) of the Fair Work Act 2009 (Cth).

  • Where there is a Transfer of Business, the provisions in the legislation will apply.


More Definitions of Transfer of Business

Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the business function of the Company in which the Participant was employed, or (ii) an outsourcing to another entity of a business function of the Company in which the Participant was employed. IN WITNESS WHEREOF WellPoint has caused this Plan document to be executed on its behalf by an authorized officer this 22
Transfer of Business means the transfer of business from ECU to the company pursuant to the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth);
Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the business function of the Company in which the Participant was employed, or (ii) an outsourcing to another entity of a business function of the Company in which the Participant was employed. EXHIBIT 10.4 EXHIBIT A EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT (the “Agreement”) dated as of ___________ (the “Agreement Date”), between Elevance Health Inc., an Indiana corporation (“Elevance Health”) with its headquarters and principal place of business in Indianapolis, Indiana (Elevance Health, together with its subsidiaries and affiliates are collectively referred to herein as the “Company”), and the person listed on Schedule A (the “Executive”).
Transfer of Business means the closing date of any transaction or related series or combination of transactions whereby the Company’s MMS Business Unit is acquired by a third party in a sale or exchange of stock, merger or consolidation, sales of assets, or other similar transaction not in the ordinary course of the Company’s business. A Transfer of Business shall not include any transaction related to the Company’s MMS Business Unit in the event that such transaction is part of a Change of Control.
Transfer of Business means the transfer of business from United to the credit union pursuant to the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth); and
Transfer of Business means the transfer, transmission, conveyance, assignment or succession, whether by agreement or by operation of law, of the whole or any part of a business service of Cooma Challenge. For the purposes of this Award a transmission will have been deemed to occur whether or not the character or activity of any business service or part of a business service continues to be identical or similar in character under the control of the transmittee as it did under the transmittor.
Transfer of Business means a transfer of the Participant's position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the