Common use of Compliance with the WARN Act Clause in Contracts

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.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Harveys Casino Resorts), Purchase and Sale Agreement (Harveys Casino Resorts)