Common use of WARN Act Indemnification Clause in Contracts

WARN Act Indemnification. Buyer on behalf of itself and Services Company shall indemnify Seller from all liabilities arising out of the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended (“WARN Act”), as and if applicable, with respect to the Affected Employees in connection with actions taken by Buyer or Services Company on the Closing Date. Seller shall indemnify Buyer and Services Company against all liabilities under the WARN Act, as and if applicable, with respect to all other employees of Seller, including the Remaining Employees.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Buckeye Partners, L.P.)

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WARN Act Indemnification. Buyer on behalf of itself and Services Company shall indemnify and hold harmless Seller from any and all liabilities arising out of of, relating to, or resulting from the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended or any similar state law (collectively, “WARN Act”), as and if applicable, with respect to the Affected Prospective Employees in connection with actions taken by Buyer on or Services Company on after the Closing Date. Seller shall indemnify and hold harmless Buyer against any and Services Company against all liabilities under the WARN Act, as and if applicable, Act with respect to all other employees of Seller, including the Remaining Employees.

Appears in 1 contract

Samples: Purchase and Sale Agreement (WESTMORELAND COAL Co)

WARN Act Indemnification. Buyer on behalf of itself and Services Company shall indemnify Seller from and its Affiliates against all liabilities arising out of the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended (the “WARN Act”), as and if applicable, with respect to the Affected Acquired Employees in connection with actions taken by Buyer at or Services Company on after the Closing DateEffective Time. Seller shall indemnify Buyer and Services Company against all liabilities under the WARN Act, as and if applicable, Act with respect to all other employees of Seller, including Employees who do not become Acquired Employees in connection with actions taken by Seller or its Affiliates prior to the Remaining EmployeesEffective Time.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Tosco Corp)

WARN Act Indemnification. Buyer on behalf of itself and Services Company shall indemnify Seller from Sellers and each of their Affiliates against all liabilities arising out of the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended (“WARN Act”), as ) and if applicableeach comparable law of any state, with respect to the Affected Employees Employees. Sellers shall reasonably cooperate with Buyer in connection taking all actions necessary to comply with actions taken by Buyer or Services Company on the Closing Date. Seller shall indemnify Buyer and Services Company against all liabilities under provisions of the WARN Act, as and if applicable, with respect to all other employees of Seller, including the Remaining Employees.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Miller Petroleum Inc)

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WARN Act Indemnification. Buyer on behalf of itself and Services Company Buyers shall indemnify Seller Sellers from all liabilities arising out of the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended (“WARN Act”), as and if applicable, with respect to the Affected Employees in connection with actions taken by Buyer or Services Company Buyers on the Closing Date. Seller Sellers shall indemnify Buyer and Services Company Buyers against all liabilities under the WARN Act, as and if applicable, Act with respect to all other employees of SellerSellers, including the Remaining Employees.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Western Refining, Inc.)

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