Facility Closings; Employee Layoffs. For a period of ninety days after the Closing Date, neither the Purchaser nor any of the Purchaser's Affiliates (including the Target Companies) shall terminate Transferred Employees in such numbers as would trigger any liability under the Worker Adjustment, Retraining and Notification Act, 29 U.S.C. Section 2101, et seq. ("WARN") or any state or foreign plant closing or severance law. The Purchaser shall, and shall cause the Target Companies to comply with any notice or filing requirements under WARN and any state or foreign plant closing or severance law.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Boise Cascade Holdings, L.L.C.), Purchase and Sale Agreement (Boise Cascade Holdings, L.L.C.)
Facility Closings; Employee Layoffs. For a period of ninety days after the Closing Date, neither none of the Purchaser nor Buyer, the Company or any of the Purchaser's Affiliates (including the Target Companies) its Subsidiaries shall terminate Transferred Employees employees of the Company or any of its Subsidiaries in such numbers as would trigger any liability under the Worker Adjustment, Retraining and Notification Act, 29 U.S.C. Section § 2101, et seq. ("“WARN"”) or any United States state or foreign plant closing or severance law. The Purchaser shall, and Buyer shall cause the Target Companies Company and its Subsidiaries following the Closing Date to comply with any notice or filing requirements under WARN and any state or foreign plant closing or severance law.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Norcross Safety Products LLC), Purchase and Sale Agreement (Safety Products Holdings, Inc.)