Common use of WARN Clause in Contracts

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a 'plant closing' or 'mass layoff', as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('WARN') affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VII

Appears in 2 contracts

Sources: Merger Agreement (Sunbeam Corp/Fl/), Merger Agreement (Sunbeam Corp/Fl/)

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a '---- "plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN'") affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiarySubsidiary, without the prior written consent of MergerCo or its affiliates in advance Buyer and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Sources: Merger Agreement (Desc Sa De Cv)

WARN. Neither the Company nor any of its Subsidiaries subsidiaries shall effectuate a '"plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN') "), affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo notifying Acquisition or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Sources: Merger Agreement (Gray Robert E)

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a '"plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN'") affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiarySubsidiary, without the prior written consent of MergerCo or its affiliates in advance Buyer and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Sources: Merger Agreement (Authentic Specialty Foods Inc)

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a 'plant closing' or 'mass layoff', as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('WARN') affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VIIVII ADDITIONAL AGREEMENTS 7.1.

Appears in 1 contract

Sources: Merger Agreement (Signature Brands Usa Inc)