Common use of Plant Closings and Mass Layoffs Clause in Contracts

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company not to, take any action following the Closing that could result in WARN Act liability.

Appears in 3 contracts

Samples: Multiparty Stock Purchase Agreement (Aqua Power Systems Inc.), Membership Interest Purchase Agreement (Boxlight Corp), Stock Purchase Agreement (Apricus Biosciences, Inc.)

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Plant Closings and Mass Layoffs. Buyer The Purchaser shall not, and shall cause the Company and each of the Subsidiaries not to, take any action following the Closing that could may result in WARN Act liability.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Compressco Partners, L.P.)

Plant Closings and Mass Layoffs. Buyer Purchaser shall not, and shall cause the Company not to, take any action following the Closing that could result in WARN Act liabilityliability under the Worker Adjustment and Retraining Notification Act, as amended, without complying with such Act.

Appears in 2 contracts

Samples: Units Purchase Agreement, Units Purchase Agreement (Willbros Group, Inc.\NEW\)

Plant Closings and Mass Layoffs. Buyer shall will not, and shall will cause the Company not to, take any action following the Closing that could result in cause WARN Act liability.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (McBc Holdings, Inc.), Membership Interest Purchase Agreement

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company not toto not, take any action following the Closing that could result in WARN Act liability.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nuverra Environmental Solutions, Inc.), Stock Purchase Agreement (Nuverra Environmental Solutions, Inc.)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company each Target not to, take any action following the Closing that could reasonably be expected to result in WARN Act liability.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Amrep Corp.)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company not to, take any action following the Closing that could result in WARN Act liabilityliability with respect to the Company or Sellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tredegar Corp)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company Acquired Companies not to, take any action following the Closing that could result in WARN Act liabilityliability for Sellers.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (CPG Newco LLC)

Plant Closings and Mass Layoffs. Buyer Purchaser shall not, and shall cause the Company and its Subsidiaries not to, take any action following the Closing that could result in liability under the WARN Act liabilityAct, without complying with such Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (Willbros Group, Inc.\NEW\)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the each Company not to, take any action following the Closing that could would result in WARN Act liabilityliability for Sellers.

Appears in 1 contract

Samples: Share Purchase Agreement (Vse Corp)

Plant Closings and Mass Layoffs. Buyer Purchaser shall not, and shall cause the Companies and the Company Subsidiary not to, take any action following the Closing that could result in WARN Act liabilityliability to Sellers under the Worker Adjustment and Retraining Notification Act, as amended, without complying with such Act.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Air Transport Services Group, Inc.)

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Plant Closings and Mass Layoffs. Buyer Purchaser shall not, and shall cause the Company Companies not to, take any action following the Closing that could result in WARN Act liabilityliability to Sellers, or any of them, under the Worker Adjustment and Retraining Notification Act, as amended, without complying with such Act.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bridger Aerospace Group Holdings, Inc.)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company Companies not to, take any action following the Closing that could result in WARN Act liabilityliability during the first year following the Closing.

Appears in 1 contract

Samples: Membership Interest and Stock Purchase Agreement (Spark Energy, Inc.)

Plant Closings and Mass Layoffs. Buyer Purchasers shall not, and shall cause the Company not to, take any action following the Closing that could result in WARN Act liability.

Appears in 1 contract

Samples: Stock Purchase Agreement (Novatel Wireless Inc)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the each Acquired Company not to, take any action following the Closing that could result in WARN Act liabilityliability for Seller.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Worthington Industries Inc)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company not to, take any action following the Closing that could result in WARN Act liability. Xxxxx hereby agrees to indemnify, and hold the Sellers harmless from, any and all cost, expenses, liabilities or Losses incurred under the WARN Act following the Closing.

Appears in 1 contract

Samples: Iii Stock Purchase Agreement (Kratos Defense & Security Solutions, Inc.)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company not to, take any action following the Closing that could would reasonably be expected to result in WARN Act liabilityliability to Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sl Industries Inc)

Plant Closings and Mass Layoffs. Buyer shall not, and shall cause the Company Entities not to, take any action following the Closing that could result in WARN Act liabilityliability or similar liability under any other federal, state, local or foreign law.

Appears in 1 contract

Samples: Equity and Asset Purchase Agreement (Enpro Industries, Inc)

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