Business closing definition
Business closing means the permanent or temporary shutdown of a single site of employment of one or more facilities or operating units that will result in an employment loss for twenty-five or more employees, other than part-time employees.
Business closing means a permanent or temporary shut- down of an employment site or of one or more facilities or operat- ing units at an employment site or within a single municipality that affects 25 or more employees, not including new or low−hour employees.
Business closing means the permanent or temporary shutdown of a
Examples of Business closing in a sentence
Approval and adoption of each Business Plan of the Delivery Vehicle (and any material amendments/ variations thereto) Approval Recommendation Alteration of the Objectives or the nature/scope of the Business, closing down/commencing any business which is not ancillary or otherwise incidental to the Business of the Delivery Vehicle.
Approval and adoption of each Business Plan of the Delivery Vehicle (and any amendments/ variations thereto) Approval Recommendation Alteration of the Objectives or the nature/scope of the Business, closing down/commencing any business which is not ancillary or otherwise incidental to the Business of the Delivery Vehicle.
More Definitions of Business closing
Business closing has the meaning set forth in Section 10.1 of this Agreement.
Business closing or "mass layoff" as defined in the Worker Adjustment and Retraining Act of 1986 (the "WARN Act") or any similar state, local or foreign law or regulation affecting any site of employment of the Company or one or more facilities or operating units within any site of employment or facility of the Company, and, during the 90-day period preceding the date hereof, no employee has suffered an "employment loss," with respect to the Company as defined in the WARN Act. Schedule 2.21 sets forth for each employee who has suffered such an "employment loss" (if any) during the 90-day period preceding the date hereof (i) the name of such employee (ii) the date of hire of such employee, (iii) such employee's regularly scheduled hours over the six month period prior to such "employment loss" and (iv) such employee's last job title(s), location, assignment(s) and department(s).
Business closing means the permanent shutdown of a facility or operations, or the cessation of work or operations not scheduled to resume within 90 days. A temporary shutdown of a seasonal employer that does not extend beyond 20 weeks is not a business closing.
Business closing. “plant closing” or similar group employment loss requiring notice under WARN or any similar foreign, state, provincial or local Laws. During the ninety (90) day period preceding the date hereof, no employee or Contingent Worker has suffered an “employment loss” as defined in WARN or any similar foreign, state, provincial or local Laws with respect to any Acquired Company. No Acquired Company has any outstanding liability under the WARN Act or any similar foreign, state, provincial or local Laws.
Business closing means a permanent or temporary shut- down of an employment site or of one or more facilities or operat-
Business closing means the permanent shutdown of a facility or