Compliance with the WARN Act Sample Clauses

Compliance with the WARN Act. Except as set forth in Section 4.17 of the Seller Disclosure Schedule, since the later of: the enactment of the WARN Act and the acquisition by Parent of Seller and the Company, the Company has not (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of the Company or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of the Company has suffered an “employment loss” (as defined in the WARN Act) since six months prior to the date of this Agreement.
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Compliance with the WARN Act. IWRA shall be responsible for any liability under the WARN Act or such similar statute or regulation for those "mass layoff" or "plant closing" (each as defined in the WARN Act) by IWRA occurring on or before the Closing Date. HBR shall be responsible for any liability under the WARN Act or such similar statute or any such "mass layoff" or "plant closing" by HBR after the Closing Date.
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Compliance with the WARN Act. Except as set forth in Section 3.17 of the Disclosure Schedule, since the enactment of the WARN Act, none of the MGM Acquired Entities has (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of any of the MGM Acquired Entities, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of any of the MGM Acquired Entities or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of any of the MGM Acquired Entities or an Affiliate thereof has suffered an “employment loss” (as defined in the WARN Act) since six months prior to the date of this Agreement.
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Compliance with the WARN Act. Except as set forth in Section 4.17 of the Seller Disclosure Schedule, the Company has not (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of the Company or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of the Company has suffered an “employment loss” (as defined in the WARN Act) since six (6) months prior to the date of this Agreement.
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Compliance with the WARN Act. Since January 23, 2004, none of the Acquired Entities has (a) effectuated a "plant closing" (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of any of the Acquired Entities, (b) effectuated a "mass layoff" (as defined in the WARN Act) affecting any site of employment or facility of any of the Acquired Entities or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of any of the Acquired Entities or an Affiliate thereof has suffered an "employment loss" (as defined in the WARN Act) since six (6) months prior to the date of this Agreement.
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Compliance with the WARN Act. Advance and Purchaser shall timely ---------------------------- give all notices required to be given under, or will otherwise comply with, the Worker Adjustment and Retraining Notification Act of 1988, as amended, or other similar statutes or regulations of any jurisdiction relating to any plant closing or mass layoff or as otherwise required by any such statute. If any plant closing or mass layoff is to occur within sixty (60) days after the Closing Date, Advance and Purchase shall give the Seller and the Company sufficient notice of the time of such plant closing or mass layoff to give appropriate notice under the WARN Act.
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Compliance with the WARN Act. On or before the date that is five (5) Business Days following the execution of this Agreement, Parent and/or Company shall take all actions, including sending all notices and making all other filings necessary, to comply in all material respects with the WARN Act with respect to all employees of the Company and, promptly after the delivery of such notices, shall provide Buyer a copy of such notice given under the WARN Act.
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Compliance with the WARN Act. The Buyer shall have full responsibility under the WARN Act and any other similar statutes or regulations of any jurisdiction relating to any plant closing or mass layoff for all obligations to the Transferred Employees who are terminated or laid off by the Buyer. For the avoidance of doubt, the Buyer's obligations under this SECTION 7.4 include (i) all obligations triggered under the WARN Act and such other U.S., state, local and non-U.S. statutes and regulations requiring prior notice of a plant closing or mass layoff, which are triggered, in whole or in part, by the Buyer's actions or omissions, including the failure to employ or continue to employ from and after the Closing Date some or all of the Transferred Employees who accept employment with the Buyer on or prior to the Closing Date and become employees of the Buyer and (ii) all liabilities to Business Employees under the WARN Act incurred by any Sellers as a result, in whole or in part, of the Buyer's failure to provide the Sellers with reasonable advance notice of the termination or lay off of Transferred Employees by the Buyer.
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Related to Compliance with the WARN Act

  • Compliance with the Act From the time the Registration Statement becomes effective and at all times subsequent thereto up to and including the Termination Date (as defined in Section 2(c) hereof):

  • Compliance with the Law Neither the Borrower nor any Subsidiary has violated any Governmental Requirement or failed to obtain any license, permit, franchise or other governmental authorization necessary for the ownership of any of its Properties or the conduct of its business, which violation or failure would have (in the event such violation or failure were asserted by any Person through appropriate action) a Material Adverse Effect.

  • Compliance with the FDIC Rule The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

  • Compliance with TIA Every amendment, waiver or supplement of this Indenture or the Securities shall comply with the TIA as then in effect.

  • Compliance with Certain Laws and Regulations If any Unregistered Securities or Coupon Securities are to be issued in any Series of Securities, the Company will use reasonable efforts to provide for arrangements and procedures designed pursuant to then applicable laws and regulations, if any, to ensure that Unregistered Securities or Coupon Securities are sold or resold, exchanged, transferred and paid only in compliance with such laws and regulations and without adverse consequences to the Company.

  • Compliance with Bulk Sales Laws Each Party hereby waives compliance by the Parties with the “bulk sales,” “bulk transfers” or similar Laws and all other similar Laws in all applicable jurisdictions in respect of the transactions contemplated by this Agreement.

  • Compliance with the Securities Act The Registration Statement has been prepared and filed by the Company in conformity with the Securities Act and the applicable instructions and Regulations. The Commission has not issued any order preventing or suspending the use of any prospectus or preliminary prospectus filed with the Registration Statement or any amendments thereto. At the time the Registration Statement becomes effective (the "Effective Date") and at the time that any post-effective amendments thereto become effective and at all times subsequent thereto up to the Termination Date (as defined in Section 3(d) hereof), the Registration Statement and Prospectus (as amended or as supplemented) will contain all statements which are required to be stated therein in accordance with the Securities Act and the Regulations and will in all respects conform to the requirements of the Securities Act and the Regulations, and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, and each preliminary prospectus filed as part of the Registration Statement as originally filed or as part of any amendment thereto, or filed pursuant to Rule 424 under the Securities Act, complied when so filed in all material respects with the Securities Act and Regulations and did not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • Compliance with Tax Laws The Trustee hereby agrees to comply with all U.S. Federal income tax information reporting and withholding requirements applicable to it with respect to payments of premium (if any) and interest on the Debt Securities, whether acting as Trustee, Registrar, paying agent or otherwise with respect to the Debt Securities.

  • Compliance with Statutes The Borrower and its Subsidiaries are in compliance in all material respects with all applicable statutes, regulations and orders of, and all applicable restrictions imposed by, all governmental bodies and have all necessary permits, licenses and other necessary authorizations with respect to the conduct of their businesses and the ownership and operation of their properties except where the failure to so comply or hold such permits, licenses or other authorizations could not reasonably be expected to have a Material Adverse Effect.

  • Compliance with Act Requirements (i) (A) At the time the Registration Statement initially became effective, (B) at the time of each amendment thereto for the purposes of complying with Section 10(a)(3) of the Act (whether by post-effective amendment, incorporated report or form of prospectus), (C) at the Effective Time and (D) on each Settlement Date (as defined below), the Registration Statement conformed and will conform in all material respects to the requirements of the Act and the Rules and Regulations and did not and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading and (ii) (A) on its date, (B) at the time of filing the Prospectus pursuant to Rule 424(b), (C) at each Applicable Time and (D) on each Settlement Date, the Prospectus will conform in all material respects to the requirements of the Act and the Rules and Regulations and will not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements made, in the light of the circumstances in which they were made, not misleading. The preceding sentence does not apply to statements in or omissions from any such document based upon written information furnished to the Company by the Manager specifically for use therein, it being understood and agreed that the only such information is that described as such in Section 6(b) hereof.

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