Common use of Plant Closing Clause in Contracts

Plant Closing. None of the Selling Parties has, directly or indirectly, taken or omitted to take any action which may result in the Seller's or the Buyer's liability to any person or entity under the Worker Adjustment and Retraining Notification Act of 1988 (xxx "XXXX Xxx"). Xxe term "any action" does not include the sale and acquisition contemplated by this Agreement and the liability under the WARN Act, if any, which results from the Seller's termination of employees in connection with such sale and acquisition is the sole responsibility of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Unidigital Inc)

AutoNDA by SimpleDocs

Plant Closing. None of the Selling Parties has, directly or indirectly, taken or omitted to take any action which may result in the Seller's or the Buyer's liability to any person or entity under the Worker Adjustment and Retraining Notification Act of 1988 (xxx "XXXX Xxx")WARN Act. Xxe The term "any action" does not include the sale and acquisition contemplated by this Agreement and the Agreement. The liability under the WARN Act, if any, which results from the Seller's termination of employees in connection with such sale and acquisition is the sole responsibility of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Unidigital Inc)

Plant Closing. None of the Selling Parties has, directly or indirectly, ------------- taken or omitted to take any action which may result in the Seller's or the Buyer's liability to any person or entity under the Worker Adjustment and Retraining Notification Act of 1988 0000 (xxx "XXXX Xxx"). Xxe The term "any action" does not include the sale and acquisition contemplated by this Agreement and the liability under the WARN Act, if any, which results from the Seller's termination of employees in connection with such sale and acquisition is the sole responsibility of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alphanet Solutions Inc)

AutoNDA by SimpleDocs

Plant Closing. None of the Selling Parties has, -------------- directly or indirectly, taken or omitted to take any action which may result in the Seller's or the Buyer's liability to any person or entity under the Worker Adjustment and Retraining Notification Act of 1988 (xxx "XXXX Xxx")WARN Act. Xxe The term "any action" does not include the sale and acquisition contemplated by this Agreement and the liability under the WARN Act, if any, which results from the Seller's termination of employees in connection with such sale and acquisition is the sole responsibility of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Unidigital Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.