Common use of U.S. WARN Act Clause in Contracts

U.S. WARN Act. The Buyer agrees to provide any required notice under WARN and any other similar applicable law and to otherwise comply with any such law with respect to any “plant closing” or “mass layoff” (as defined in WARN) or similar event affecting employees and occurring on or after the Closing Date. The Buyer shall assume sole responsibility for any liabilities or obligations arising under WARN or other applicable law resulting from the actions (or inactions) of the Buyer or its Affiliates on or after the Closing Date or from the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Envestnet, Inc.)

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U.S. WARN Act. The Buyer Seller agrees to provide any required notice under WARN and any other similar applicable law and to otherwise comply with any such law with respect to any "plant closing" or "mass layoff" (as defined in WARN) or similar event affecting employees and occurring on or after before the Closing DateDate or arising as a result of the transactions contemplated hereby. The Buyer shall assume sole responsibility for any liabilities or obligations arising under WARN or other applicable law resulting from the actions (or inactions) of the Buyer or its Affiliates on or after the Closing Date or from the transactions contemplated herebyDate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Higher One Holdings, Inc.)

U.S. WARN Act. The Buyer agrees to provide any required notice under WARN and any other similar applicable law Law and to otherwise comply with any such law Law with respect to any “plant closing” or “mass layoff” (as defined in WARN) or similar event affecting employees and occurring on or after the Closing Date. The Buyer Seller shall assume sole responsibility be responsible for complying with WARN and any liabilities other similar applicable Law with respect to any plant closing or obligations arising under WARN or other applicable law resulting from mass layoff relating to the actions (or inactions) of the Buyer or its Affiliates on or after Business occurring before the Closing Date or from the transactions contemplated hereby.Date. 9.12

Appears in 1 contract

Samples: Asset Purchase Agreement (Trinity Industries Inc)

U.S. WARN Act. The Buyer agrees to provide any required notice under WARN and any other similar applicable law Law and to otherwise comply with any such law Law with respect to any “plant closing” or “mass layoff” (as defined in WARN) or similar event affecting employees and occurring on or after the Closing Date. The Buyer shall assume sole responsibility for any liabilities or obligations arising under WARN or other applicable law resulting from the actions (or inactions) of the Buyer or its Affiliates on or after the Closing Date or from arising as a result of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (WebMD Health Corp.)

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U.S. WARN Act. The Buyer agrees to provide any required notice under WARN and any other similar applicable law Law and to otherwise comply with any such law Law with respect to any “plant closing” or “mass layoff” (as defined in WARN) or similar event affecting employees and occurring on or after the Closing Date. The Buyer shall assume sole responsibility for any liabilities or obligations arising under WARN or other applicable law resulting from the actions (or inactions) of the Buyer or its Affiliates on or after the Closing Date or from the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nortek Inc)

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