Common use of WARN Clause in Contracts

WARN. The Buyer shall indemnify the Sellers and their Affiliates and defend and hold each of them harmless from and against any Losses which may be incurred by any of them under WARN, or any state plant closing or notification law or otherwise, arising out of, or relating to, any actions taken by the Buyer or the Company on or after the Closing Date.

Appears in 4 contracts

Samples: Acquisition Agreement, Stock Purchase Agreement (Steel Heddle International Inc), Stock Purchase Agreement (Steel Heddle Group Inc)

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WARN. The Buyer shall indemnify the Sellers and their Affiliates and defend and hold each of them harmless from and against any Losses which may be incurred by any of them under WARNWARN or under any state, local or foreign law with respect to plant closing, layoff or relocation or the like or with respect to any obligation to provide notice, payment or any state plant closing other benefit as a result of or notification law or otherwise, arising out of, or relating to, of any actions action taken by the Buyer or any of the Company on or after Transferred Companies following the Closing DateClosing.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Nortek Inc), Stock Purchase Agreement, Stock Purchase Agreement (Ply Gem Industries Inc)

WARN. The Buyer shall indemnify the Sellers and their Affiliates and ---- defend and hold each of them harmless from and against any Losses which may be incurred by any of them under WARN, or any state plant closing or notification law law, or otherwise, arising out of, or relating to, any actions taken by the Buyer or the Company on or after the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Iron Age Holdings Corp)

WARN. The Buyer shall indemnify the Sellers and their Affiliates and defend and hold each of them harmless from and against any Losses which may be incurred by any of them under WARN, or any state plant closing or notification law or otherwise, arising out of, or relating to, any actions taken by the Buyer or the Company on or after the Closing DateClosing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Primark Corp)

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WARN. The Buyer shall will indemnify the Sellers and their Affiliates and defend and hold each of them harmless from and against any Losses which that may be incurred by any of them under WARNWARN or under any state, local or foreign law with respect to plant closing, layoff or relocation or the like or with respect to any obligation to provide notice, payment or any state plant closing other benefit as a result of or notification law or otherwise, arising out of, or relating to, of any actions taken by the Buyer or the Company on or termination of employment after the Closing DateClosing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Simmons Co /Ga/)

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