Common use of WARN Clause in Contracts

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a 'plant closing' or 'mass layoff', as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('WARN') affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VII

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sunbeam Corp/Fl/), Agreement and Plan of Merger (Sunbeam Corp/Fl/)

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WARN. (a) Neither the Company nor any of its Subsidiaries shall effectuate a '"plant closing' " or '"mass layoff', ," as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN') "), affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiarySubsidiary, without the prior written consent of MergerCo or its affiliates the Buyer in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Camelot Music Holdings Inc)

WARN. Neither the Company nor any of its Subsidiaries subsidiaries shall effectuate a '"plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN') "), affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo notifying Acquisition or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gray Robert E)

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a '"plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN'") affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiarySubsidiary, without the prior written consent of MergerCo or its affiliates in advance Buyer and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Authentic Specialty Foods Inc)

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WARN. Neither the Company nor any of its Subsidiaries shall effectuate a '---- "plant closing' " or '"mass layoff'", as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('"WARN'") affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiarySubsidiary, without the prior written consent of MergerCo or its affiliates in advance Buyer and without complying with the notice requirements and other provisions of WARN. ARTICLE VII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Desc Sa De Cv)

WARN. Neither the Company nor any of its Subsidiaries shall effectuate a 'plant closing' or 'mass layoff', as those terms are defined in the Worker Adjustment and Retraining Notification Act of 1988 or similar state law ('WARN') affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any subsidiary, without the prior written consent of MergerCo or its affiliates in advance and without complying with the notice requirements and other provisions of WARN. ARTICLE VIIVII ADDITIONAL AGREEMENTS 7.1.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Signature Brands Usa Inc)

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