Compliance with the WARN Act Sample Clauses
The "Compliance with the WARN Act" clause requires parties, typically employers, to adhere to the Worker Adjustment and Retraining Notification (WARN) Act, which mandates advance notice to employees in the event of significant layoffs or plant closures. This clause obligates the employer to provide the legally required notice period—usually 60 days—before carrying out mass terminations or facility shutdowns, and may also require the employer to indemnify the other party for any failures to comply. Its core function is to ensure legal compliance with federal labor laws, thereby protecting employees from sudden job loss and shielding the parties from potential legal liability.
Compliance with the WARN Act. Except as set forth in Section 4.17 of the Seller Disclosure Schedule, since the later of: the enactment of the WARN Act and the acquisition by Parent of Seller and the Company, the Company has not (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of the Company or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of the Company has suffered an “employment loss” (as defined in the WARN Act) since six months prior to the date of this Agreement.
Compliance with the WARN Act. IWRA shall be responsible for any liability under the WARN Act or such similar statute or regulation for those "mass layoff" or "plant closing" (each as defined in the WARN Act) by IWRA occurring on or before the Closing Date. HBR shall be responsible for any liability under the WARN Act or such similar statute or any such "mass layoff" or "plant closing" by HBR after the Closing Date.
Compliance with the WARN Act. Except as set forth in Section 4.17 of the Seller Disclosure Schedule, the Company has not (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of the Company or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of the Company has suffered an “employment loss” (as defined in the WARN Act) since six (6) months prior to the date of this Agreement.
Compliance with the WARN Act. Except as set forth in Section 3.17 of the Disclosure Schedule, since the enactment of the WARN Act, none of the MGM Acquired Entities has (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of any of the MGM Acquired Entities, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of any of the MGM Acquired Entities or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of any of the MGM Acquired Entities or an Affiliate thereof has suffered an “employment loss” (as defined in the WARN Act) since six months prior to the date of this Agreement.
Compliance with the WARN Act. Since January 23, 2004, none of the Acquired Entities has (a) effectuated a “plant closing” (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of any of the Acquired Entities, (b) effectuated a “mass layoff” (as defined in the WARN Act) affecting any site of employment or facility of any of the Acquired Entities or (c) been affected by any transaction which would, or engaged in layoffs or employment terminations sufficient in number to, trigger application of any similar Law. None of the employees of any of the Acquired Entities or an Affiliate thereof has suffered an “employment loss” (as defined in the WARN Act) since six (6) months prior to the date of this Agreement.
Compliance with the WARN Act. The Buyer shall have full responsibility under the WARN Act and any other similar statutes or regulations of any jurisdiction relating to any plant closing or mass layoff for all obligations to the Transferred Employees who are terminated or laid off by the Buyer. For the avoidance of doubt, the Buyer's obligations under this SECTION 7.4 include (i) all obligations triggered under the WARN Act and such other U.S., state, local and non-U.S. statutes and regulations requiring prior notice of a plant closing or mass layoff, which are triggered, in whole or in part, by the Buyer's actions or omissions, including the failure to employ or continue to employ from and after the Closing Date some or all of the Transferred Employees who accept employment with the Buyer on or prior to the Closing Date and become employees of the Buyer and (ii) all liabilities to Business Employees under the WARN Act incurred by any Sellers as a result, in whole or in part, of the Buyer's failure to provide the Sellers with reasonable advance notice of the termination or lay off of Transferred Employees by the Buyer.
Compliance with the WARN Act. On or before the date that is five (5) Business Days following the execution of this Agreement, Parent and/or Company shall take all actions, including sending all notices and making all other filings necessary, to comply in all material respects with the WARN Act with respect to all employees of the Company and, promptly after the delivery of such notices, shall provide Buyer a copy of such notice given under the WARN Act.
Compliance with the WARN Act. Advance and Purchaser shall timely ---------------------------- give all notices required to be given under, or will otherwise comply with, the Worker Adjustment and Retraining Notification Act of 1988, as amended, or other similar statutes or regulations of any jurisdiction relating to any plant closing or mass layoff or as otherwise required by any such statute. If any plant closing or mass layoff is to occur within sixty (60) days after the Closing Date, Advance and Purchase shall give the Seller and the Company sufficient notice of the time of such plant closing or mass layoff to give appropriate notice under the WARN Act.