Common use of WARN Act Clause in Contracts

WARN Act. Buyer does not intend, with respect to the Acquired Assets or Transferred Employees, to engage in a “plant closing” or “mass layoff,” as such terms are defined in the WARN Act, within sixty (60) days after the Closing Date.

Appears in 7 contracts

Samples: Purchase and Sale Agreement (Public Service Co of New Hampshire), Purchase and Sale Agreement, Purchase and Sale Agreement

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WARN Act. The Buyer does not intend, intend with respect to the Acquired Assets or Transferred Employees, Acquired Assets Employees to engage in a "plant closing" or "mass layoff," as such terms are defined in the WARN Act, within sixty (60) days after the Initial Closing Date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (New England Power Co), Purchase and Sale Agreement (Baycorp Holdings LTD), Purchase and Sale Agreement (Connecticut Light & Power Co)

WARN Act. Buyer does not intend, intend with respect to the Acquired Purchased Assets or Transferred Employees, to engage in a "plant closing" or "mass layoff," as such terms are defined in the WARN Act, Act within sixty (60) days after the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Illinois Power Co), Asset Purchase Agreement (Illinova Corp)

WARN Act. The Buyer does not intend, intend with respect to the Acquired Assets or Transferred Employees, Acquired Assets Employees to engage in a "plant closing" or "mass layoff," as such terms are defined in the WARN Act, within sixty (60) days after the Initial Closing Date. 4.9.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dominion Resources Inc /Va/)

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WARN Act. The Buyer does not intend, intend with respect to the Acquired -------- Assets or Transferred Employees, Acquired Assets Employees to engage in a "plant closing" or "mass layoff," as such terms are defined in the WARN Act, within sixty (60) days after the Initial Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Uil Holdings Corp)

WARN Act. The Buyer does not intendshall not, with respect to the Acquired Assets or Transferred EmployeesAssets, to engage in a "plant closing" or "mass layoff," as such terms are defined in the WARN Act, within sixty ninety (6090) days after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Energy East Corp)

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