Plant Closing Obligations Sample Clauses

Plant Closing Obligations. If any Seller or any of its Affiliates takes any action which could be construed as a "plant closing" or "mass layoff", or which results in any employee retained or employed suffering or deeming to have suffered any "employment loss", as those terms are defined in WARN, Sellers and such Affiliates shall be solely responsible for providing any notice required by WARN and for making payments, if any, which may be required under WARN for failure to provide appropriate notice; provided, however, that for purposes of this Section 7.12, employees of the Sellers immediately prior to the Closing shall be deemed to be employees of the Buyer as of the Closing Date.
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Plant Closing Obligations. 30 5.12 Payment of Bonuses at Closing..................................... 30
Plant Closing Obligations. Prior to the Closing Date, neither ------------------------- Standard Pacific nor Panel Concepts shall take any action which could be construed as a "plant closing" or "mass layoff," or which would result in any Panel Concepts employee retained or employed suffering or deeming to have suffered any "employment loss," as those terms are defined in the Worker Adjustment Retraining and Notification Act, as amended, and the rules and regulations thereunder.
Plant Closing Obligations. (a) Buyer agrees to provide any required notice under the Worker Adjustment and Retraining Notification Act, as amended (the “WARN Act”), and any similar federal, state or provincial statute or law, and to otherwise comply with any such statute with respect to any “plant closing” or “mass layoff” (as defined in the WARN Act) or group termination or similar event affecting Transferred Employees and occurring after the Closing Date. Neither Buyer nor its Affiliates shall take any action after the Closing Date that would cause any termination of employment of any employees by Unilever Group or its Affiliates that occurs before the Closing Date to constitute a “plant closing” or “mass layoff” or group termination under the WARN Act or any similar statute. Conopco shall notify Buyer prior to Closing of any layoffs of any employees in the DiverseyLever Business in the 90-day period prior to Closing that could affect the obligations of Buyer or its Affiliates under the preceding sentence. Provided Conopco has complied with its obligation under the preceding sentence, Buyer shall indemnify and hold harmless Conopco (on behalf of the relevant member of the Unilever Group) with respect to any liability under the WARN Act or similar statute arising from the actions of Buyer or its Affiliates after the Closing Date.
Plant Closing Obligations. 37 7.12 No Interference...............................................................37 7.13 Sublease......................................................................37 7.14 Further Assurances; Customer and Supplier Relationships; Assertion of Claims.......................................................................37 7.15
Plant Closing Obligations. If Seller, AccuMed UK or any of their respective Affiliates takes any action that could be construed as a "plant closing" or "mass layoff," or that results in any employee retained or employed in connection with the Business suffering or deeming to have suffered any "employment loss," as those terms are defined in WARN or any similar Law, Seller or AccuMed UK, as the case may be, and such Affiliates shall be solely responsible for providing any notice required by WARN or any similar Law and for making payments, if any, that may be required under WARN or any similar Law for failure to provide appropriate notice.
Plant Closing Obligations. If any Seller or any of its Affiliates takes any action which could be construed as a "plant closing" or "mass layoff," or which results in any employee retained or employed in connection with the Business suffering or deeming to have suffered any "employment loss," as those terms are defined in WARN, Sellers and such Affiliates shall be solely responsible for providing any notice required by WARN and for making payments, if any, which may be required under WARN for failure to provide appropriate notice.
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Plant Closing Obligations. If Seller or any of its Affiliates takes any action which could be construed as a “plant closing” or “mass layoff,” or which results in any employee suffering or deeming to have suffered any “employment loss,” as those terms are defined in the federal WARN Act and any applicable state plant-closing laws, Seller and such Affiliates shall be solely responsible for providing any notice required by the federal WARN Act and any applicable state plant-closing laws and for making payments, if any, which may be required under such WARN Act and such state laws for failure to provide appropriate notice.

Related to Plant Closing Obligations

  • PRE-CLOSING OBLIGATIONS The Seller shall have performed and complied with all the obligations and conditions required by this Agreement to be performed or complied with by Seller at or prior to the Closing Date, including the execution and delivery of all documents and contracts required to be delivered at or before the Closing Date pursuant to this Agreement.

  • Seller’s Closing Obligations At Closing, Seller shall deliver to Buyer the following:

  • Buyer's Closing Obligations At the Closing, Buyer shall:

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Purchaser’s Closing Obligations Purchaser, at its sole cost and expense, shall deliver or cause to be delivered to Seller at Closing the following:

  • Closing Obligations At the Closing:

  • Certain Post-Closing Obligations As promptly as practicable, and in any event within the time periods after the Effective Date specified in Schedule 5.14 or such later date as the Administrative Agent reasonably agrees to in writing, including to reasonably accommodate circumstances unforeseen on the Effective Date, Holdings, the Parent Borrower and each other Loan Party shall deliver the documents or take the actions specified on Schedule 5.14 that would have been required to be delivered or taken on the Effective Date but for the proviso to Section 4.01(f), in each case except to the extent otherwise agreed by the Administrative Agent pursuant to its authority as set forth in the definition of the term “Collateral and Guarantee Requirement”.

  • Post Closing Agreements From and after the Closing, the parties shall have the respective rights and obligations which are set forth in the remainder of this Article VI.

  • Seller’s Closing Documents For and in consideration of, and as a -------------------------- condition precedent to, Purchaser's delivery to Seller of the Purchase Price described in Paragraph 3 hereof, Seller shall obtain or execute, at Seller's expense, and deliver to Purchaser at Closing the following documents (all of which shall be duly executed, acknowledged, and notarized where required and shall survive the Closing):

  • Closing; Closing Date Closing" and "Closing Date" have the meanings set forth in Section 5.3.

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