Common use of WARN Act Obligations Clause in Contracts

WARN Act Obligations. The Buyer will not take any actions within 60 days of the effective date of the Closing that, for more than 49 of the full-time employees who are employed by the Seller as of the effective date of the Closing, result in an "employment loss," as that term is defined under the Worker Adjustment Retraining and Notification Act, 29 U.S.