Plant Closing Notice Sample Clauses
Plant Closing Notice. Upon not less than 60 days' written notice from Buyer of Buyer's then present intention to terminate any Transferred Employees after the Closing, Seller shall give any notice required to be given by Seller under Chapter 394B, Hawaii Revised Statutes, as amended. Buyer shall have the right to review and approve such notice prior to Seller's release of the same. Seller shall not be obligated to provide any notice if in Seller's reasonable opinion, after consultation with counsel and with Buyer, such action (including the content of such notice) reasonably could result in Seller's violation of any Legal Requirement or Order.
Plant Closing Notice. Whenever the Company decides to close a plant, the Company shall provide at least sixty (60) days’ written notice of its decision to the Union and the affected employees. As the Company, in the course of such plant closing, no longer has need for the work then being done by an employee, his/her employment by the Company may be terminated, subject to compliance with the provisions of this Article. Each employee shall be given at least one (1) week’s advance notice of the specific date of his/her termination.
Plant Closing Notice. Each party to this Agreement shall give the other parties sufficient notice to permit such other party(ies) to comply with the U.S. Worker Adjustment and Retraining Notification Act (the "WARN Act") and Chapter 394B, Hawaii Revised Statutes, as amended ("Hawaii Plant Closing Act"). Buyer shall be responsible for all Liabilities arising under the WARN Act or the Hawaii Plant Closing Act as a result of the transactions contemplated by this Agreement.
Plant Closing Notice. Purchaser agrees that it will, at Closing, offer employment to such a number of the employees employed by Sellers (or their Affiliates) at the Dealerships immediately prior to the Closing Date (“Seller’s Employees”) for a sufficient period of time after Closing with their same level of pay, benefits, and seniority as is required such that no notice is required under the Federal Worker Adjustment and Retraining Notification Act of 1988 (“WARN”); provided, that, no such offer shall be made to any Excluded Employees and Sellers covenant and agree to not cause there to be an “employment loss” of those Excluded Employees in the ninety (90) days prior to the Closing or the ninety (90) days after the Closing. Purchaser shall bear any liability or obligation which may accrue against Sellers or any of their Affiliates to Sellers’ Employees, any unit of local government or otherwise under WARN or any similar applicable law as the result of Purchaser’s failure to comply with the covenants contained in the immediately preceding sentence, and Purchaser shall indemnify and hold Seller harmless from and against any and all Losses associated with or related to Purchaser’s failure to comply with the covenants contained in the immediately preceding sentence. The indemnity obligations of Purchaser set forth in this Section 13.3 shall expressly survive Closing.
Plant Closing Notice. Purchaser agrees that it will, at Closing, offer employment to such a number of the Closing Employees immediately prior to the Closing Date (“Offered Employees”) for a sufficient period of time after Closing with their same level of pay, benefits, and seniority as is required such that no notice is required under the Federal Worker Adjustment and Retraining Notification Act of 1988 (“WARN”); provided, that, no such offer shall be made to any Excluded Employees and Sellers covenant and agree to not cause there to be an “employment loss” of those Excluded Employees in the ninety (90) days prior to the Closing or the ninety (90) days after the Closing. The Offered Employees who accept an offer of employment with Purchaser, directly or through an Affiliate of Purchaser (the “Hired Employees”) shall commence employment on the Closing Date. Purchaser shall bear any liability or obligation which may accrue against Sellers or any of their Affiliates to Sellers’ employees, any unit of local government or otherwise under WARN or any similar applicable law as the result of Purchaser’s failure to comply with the covenants contained in the immediately preceding sentence, and Purchaser shall indemnify and hold Seller harmless from and against any and all Losses associated with or related to Purchaser’s failure to comply with the covenants contained in the immediately preceding sentence. The indemnity obligations of Purchaser set forth in this Section 13.3 shall expressly survive Closing.
Plant Closing Notice. Provided CPPI has not taken any action which would constitute an event impacting current employees prior to the Closing Date, pursuant to the Worker Adjustment and Retraining Notification Act of 1988 ("WARN"), it shall be solely Buyer's obligation to provide timely and effective notice to Employees who were employed by CPPI in the Business at or prior to the Closing Date with respect to any employment loss suffered by such Employees as the result of the Transaction and/or to provide any other notice required under WARN, if such notice is legally required.