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Recognition Agreement means, with respect to a Cooperative Mortgage Loan, an agreement executed by a Cooperative Corporation which, among other things, acknowledges the lien of the Mortgage on the Mortgaged Property in question.
In a nutshell therefore Collective agreements deal with procedural and substantive issues that are of common interest to management and workers whereas the purpose of a recognition agreement is to allow the employer to strictly control the activities of the union and business leaders. differences between recognition agreement and collective ... academia.edu ? DIFFERENCES_BETWEEN... academia.edu ? DIFFERENCES_BETWEEN...
A recognition agreement is a legal document that allows parties to recognize each other's interests in an agreement. This document could be used in co-op unit financing, a union negotiation, between borrowers and lenders for a loan, and for other purposes.
A recognition agreement names the union or unions who have rights to represent and negotiate on behalf of employees in that workplace. A NEGOTIATOR'S GUIDE TO RECOGNITION AGREEMENTS International Labour Organization ? inwork ? cb-policy-guide International Labour Organization ? inwork ? cb-policy-guide PDF
There are numerous benefits to having a recognition agreement in place. Benefits include: Being able to negotiate on terms and conditions (including pay, hours worked and holidays). Improved policies and company procedures on flexible working and employee health. Recognition agreements - Community Trade Union community-tu.org ? mymembership ? advice-centre community-tu.org ? mymembership ? advice-centre
An "Aztech Recognition Agreement" or "Aztec Form" is an agreement between you, your lender and the co-op and establishes what happens if you stop making maintenance and/or mortgage payments. It is required when financing the purchase of a co-op. While you do sign the Aztec, it's really just an acknowledgement.
Lender Recognition Agreement means an agreement in form and substance satisfactory to the Landlord between the Landlord, Tenant and a Leasehold Mortgagee pursuant to which the Landlord undertakes in favor of the Leasehold Mortgagee that in the event of a default by Tenant the Landlord will recognize the Leasehold ... Lender Recognition Agreement Definition - Law Insider Law Insider ? dictionary ? lender-reco... Law Insider ? dictionary ? lender-reco...
Assignment of Recognition Agreement . With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.