Examples of WARN Obligations in a sentence
To the extent that any WARN Obligations might arise as a consequence of the transactions contemplated by this Agreement, Buyer shall be responsible for, and shall indemnify the Seller Indemnified Parties against any Losses caused by, arising from, incurred in connection with or relating in any way to, any WARN Obligations arising as a result of any employment losses occurring on or after the Closing Date.
For ninety (90) days following the Closing Date, Buyer shall not engage in any mass layoff, plant closing or other action that might trigger WARN Obligations of Seller or any other member of the BP Group.
Buyer covenants that for ninety (90) days following the Closing Date, there shall not be any mass layoff, plant closing, transfer of operations, termination of operations, closing, relocation or other action that might trigger WARN Obligations of Seller or Seller’s Affiliates.
All covenants and obligations of Purchaser contemplated by this Section 10.5, including the WARN Obligations, Health and Medical Coverage, Pre-Closing Seller Employee Liabilities, the Effects Bargaining Payment and the Severance/Retention Bonus Benefits are, collectively, the “Employee Obligations”.
Buyer and Seller represent and warrant to each other that no major employment losses are anticipated as a consequence of the transactions contemplated by this Agreement that might trigger obligations under the Worker Adjustment and Retraining Notification Act, 29 U.S.C. Section 2101 et seq., or under any similar provision of any federal, state, regional, foreign, or local law, rule, or regulation (referred to collectively as "WARN Obligations").