WARN Act Compliance. Buyer shall be responsible for compliance with the notification or other requirements of the Worker Adjustment and Retraining Notification Act of 1988, as amended (“WARN Act”), with respect to the Affected Employees in connection with actions taken by Buyer on or after the Closing Date. Seller shall be responsible for WARN Act compliance with respect to all other employees of Seller, including the Remaining Employees.
Appears in 3 contracts
Sources: Asset Sale Agreement (Xto Energy Inc), Asset Sale Agreement (Resolute Energy Corp), Asset Sale Agreement (Resolute Energy Partners, LP)