Common use of No ERISA Plans or Labor Issues Clause in Contracts

No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an adverse effect on the Assets; (c) the Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or the Shareholders, any disputes threatened by current or former employees of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Key Energy Group Inc), Asset Purchase Agreement (Key Energy Group Inc)

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No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the . The Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an adverse effect on the Assets; (c) Assets or the Business. The Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or any of the Shareholders, any disputes threatened by current or former employees of any of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

No ERISA Plans or Labor Issues. No employee benefit plan of any of the SellerSellers, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) . None of the Seller has not Sellers have engaged in any unfair labor practices which could reasonably be expected to result in an a material adverse effect on the Assets; (c) . Except as set forth in Schedule 2.1.9 hereto, none of the Seller does not Sellers have any dispute with any of its existing or former employees, employees and (d) there are no labor disputes or, to the knowledge of any of the Seller Sellers or the Shareholders, any disputes threatened by current or former employees of any of the SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an adverse effect on the Assets; (c) the Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or the ShareholdersShareholder, any disputes threatened by current or former employees of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the . Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an adverse effect on the Assets; (c) the . Seller does not have any dispute with any of the Employees or any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or the ShareholdersSeller, any disputes threatened by current or former employees of Seller which would have an adverse effect on the SellerAssets or the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

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No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act Art of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the . The Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an adverse effect on the Assets; (c) Assets or the Business. The Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or the ShareholdersSeller, any disputes threatened by current or former employees of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the . The Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an a material adverse effect on the Assets; (c) the . The Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes or, to the knowledge of the Seller or the ShareholdersShareholder, any disputes threatened by current or former employees of any of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

No ERISA Plans or Labor Issues. No employee benefit plan of the Seller, whether or not subject to any provisions of the Employee Retirement Income Security Act of 1974, as amended, will by its terms or applicable law, become binding upon or an obligation of Buyer; (b) the . The Seller has not engaged in any unfair labor practices which could reasonably be expected to result in an a material adverse effect on the Assets; (c) the . The Seller does not have any dispute with any of its existing or former employees, and (d) there are no labor disputes pending or, to the knowledge of either the Seller or the ShareholdersShareholder, any disputes threatened by current or former employees of any of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

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