Labor Obligations definition

Labor Obligations has the meaning ascribed to such term in Section 14(b) of this Agreement.

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Labor Obligations means all (a) Employee Representative information, notice, consultation, negotiation, bargaining (decisional or effects) or consent processes with which Seller or its Affiliates are required to comply in connection with the Transaction, (b) Labor Contracts, and (c) other legal and administrative requirements respecting the transfer of the Transferred Employees’ employment in connection with the Transaction (including the Transfer of Undertakings).

Labor Obligations means (a) legal and/or contractual obligations relating to the employment of labor including, without limitation, any provisions relating to wages, hours, equal employment, occupational safety and health, workers’ compensation, unemployment insurance, collective bargaining, immigration, affirmative action, and the payment and withholding of social security and other taxes; (b) terms of all collective bargaining agreements, and any and all other agreements and understandings that are in place with any labor unions, trade associations, or other employee organizations that represent or have written a demand for recognition with respect to any Business Employees; (c) retirement, pension, employee, or welfare-benefits obligations with respect to any Business Employees; and (d) any obligations to fund or contribute to any Benefit Plans ever maintained or contributed to by any Seller or any related entities, whether or not covering Business Employees including but not limited to withdrawal liability or successor liability under ERISA.

Examples of Labor Obligations in a sentence

Each party shall have no responsibility for the other party's Labor Obligations or to the other party's personnel or otherwise, and each party agrees to indemnify, defend and hold harmless the other party and its respective Affiliates, and their directors, officers and employees, from and against all Losses based upon any claim arising out of Labor Obligations.
Where the Parties agree that it will assist the Parties to satisfy the Collective Labor Obligations, relevant Buyer personnel shall at Buyer’s expense attend meetings with employees, employees’ representatives, staff associations, works councils, health and safety committees, trade unions, or labor boards, upon request of Sellers, and Sapphire shall and shall cause any Seller to Retained Entity to grant access to such Buyer personnel to its or their premises for such purpose.
Sapphire and Buyer shall, and shall cause their respective Subsidiaries, and in the case of Buyer any Designated Employing Entity, to, reasonably cooperate with each other in connection with all Collective Labor Obligations.
Sapphire and Buyer shall, and shall cause their respective Subsidiaries to, reasonably cooperate with each other in connection with all Collective Labor Obligations.
As of the Effective Date, the current locations of each Credit Party’s executive office and all warehouses and premises within which any Collateral is stored or located are set forth in Schedule 3.2 and, except as set forth in Schedule 3.2, such locations have not changed during the preceding twelve months.
The Company has satisfied in all material respects any Labor Obligations.

More Definitions of Labor Obligations

Labor Obligations has the meaning ascribed to such term in Section 2.04(c) of this Agreement.

Labor Obligations means all wages, bonuses, vacation pay, sick time, pension payments, overtime pay, change of control payments, severance pay, and any other termination or severance obligations and any other compensation or obligation, which may be due by Legal Requirement or Contract relating to employment or engagement of an employees or independent contractor (as the case may be).