Common use of WARN Act Requirements Clause in Contracts

WARN Act Requirements. On and after the Closing Date, Purchaser shall be responsible with respect to Transferred Employees and their beneficiaries for compliance with the WARN Act and any similar state or local Law, including any requirement to provide for and discharge any and all notifications, benefits and liabilities to Transferred Employees and Governmental Authorities that might be imposed as a result of the consummation of the transactions contemplated by this Agreement or otherwise. Purchaser shall not take any action within ninety (90) days after the Closing Date that would cause any termination of employment of any employees employed by any IPC Company or Seller or their Affiliates prior to the Closing Date to constitute a "plant closing" or "mass layoff" under the WARN Act or any similar state or local Law or create any liability to Seller or its Affiliates for employment terminations under the WARN Act or any similar state or local Law, it being understood that to enable Purchaser to comply with this requirement, Seller shall first inform Purchaser upon the Closing Date or as soon thereafter as is practicable of all employees, by location, terminated by any IPC Company or its Affiliates other than for cause or through voluntary resignation or retirement within the preceding 90 days.

WARN Act Requirements. On and after the Closing Date, Purchaser Pur- chaser shall be responsible with respect to Transferred Employees and their beneficiaries for compliance with the WARN Act and any similar state or local Law, including any requirement require- ment to provide for and discharge any and all notifications, benefits and liabilities to Transferred Trans- ferred Employees and Governmental Authorities that might be imposed as a result of the consummation of the transactions contemplated by this Agreement or otherwise. Purchaser shall not take any action within ninety (90) days after the Closing Date that would cause any termination of employment of any employees employed by any IPC Company or Seller or their Affiliates prior to the Closing Date to constitute a "“plant closing" ” or "“mass layoff" under ” un- der the WARN Act or any similar state or local Law or create any liability to Seller or its Affiliates Af- filiates for employment terminations under the WARN Act or any similar state or local Law, it being understood that to enable Purchaser to comply with this requirement, Seller shall first inform Purchaser upon the Closing Date or as soon thereafter as is practicable of all employeesem- ployees, by location, terminated by any IPC Company or its Affiliates other than for cause or through voluntary resignation or retirement within the preceding 90 days.

WARN Act Requirements. On and after the Closing Date, Purchaser shall be responsible with respect to Transferred Employees and their beneficiaries for compliance with the WARN Act and any similar state or local other applicable Law, including any requirement to provide for and discharge any and all notifications, benefits and liabilities to Transferred Employees and Governmental Authorities that might be imposed as a result of the consummation of the transactions contemplated by this Agreement or otherwise. Purchaser shall not take any action within ninety (90) days after the Closing Date that would cause any termination of employment of any employees employed by any IPC Company or Seller Sellers or their Affiliates prior to the Closing Date to constitute a "plant closing" or "mass layoff" under the WARN Act or any similar state or local Law or create any liability to Seller Sellers or its their Affiliates for employment terminations under the WARN Act or any similar state or local Law, applicable Law it being understood that to enable Purchaser to comply with this requirement, Seller Sellers shall first inform Purchaser upon the Closing Date or as soon thereafter as is practicable of all employees, by location, terminated by any IPC Company or its Affiliates other than for cause or through voluntary resignation or retirement within the preceding 90 days.

WARN Act Requirements. On and after the Closing Date, Purchaser shall be responsible with respect to Transferred Employees and their beneficiaries for compliance with the WARN Act and any similar state or local Law, including any requirement to provide for and discharge any and all notifications, benefits and liabilities to Transferred Employees and Governmental Authorities that might be imposed as a result of the consummation of the transactions contemplated by this Agreement or otherwise. Purchaser shall not take any action within ninety (90) days after the Closing Date that would cause any termination of employment of any employees employed by any IPC Company or Seller or their Affiliates prior to the Closing Date to constitute a "“plant closing" ” or "“mass layoff" ” under the WARN Act or any similar state or local Law or create any liability to Seller or its Affiliates for employment terminations under the WARN Act or any similar state or local Law, it being understood that to enable Purchaser to comply with this requirement, Seller shall first inform Purchaser upon the Closing Date or as soon thereafter as is practicable of all employees, by location, terminated by any IPC Company or its Affiliates other than for cause or through voluntary resignation or retirement within the preceding 90 days.