Business Closing Sample Clauses
Business Closing. Subject to the fulfillment or waiver of the conditions precedent provided for in Section 8 above, the closing of the sale of the Novita Shares to Buyer and the payment of the Preliminary Novita Shares Purchase Price to Hypermarcas (the “Business Closing”), the Business Closing shall occur on the date determined in accordance with Section 10.1.3 below, subject to the provisions of Section 10.4 (the “Business Closing Date”).
Business Closing. Section 1. Upon the possibility that a facility closing may need to be effected, the Company shall notify the Union 6 months in advance, or as soon thereafter as possible, of the intended date of the facility closing.
Section 2. The Company and Union will meet within 30 days after such written notice for the purpose of discussing and exploring with the Company any possible means of averting closure. If attempts to avert the facility closure are not successful, Company and Union representatives will meet to negotiate the manner in which the closure is carried out.