Business closing definition

Business closing means the permanent or temporary shutdown of a single site of employment of one or more facilities or operating units that will result in an employment loss for twenty-five or more employees, other than part-time employees.
Business closing means a permanent or temporary shut- down of an employment site or of one or more facilities or operat- ing units at an employment site or within a single municipality that affects 25 or more employees, not including new or low−hour employees.
Business closing means the permanent or temporary shutdown of a

Examples of Business closing in a sentence

  • For each trade executed after 17:30, the trading fee is increased by an additional component of 0,25€.

  • Such Blockerco will not be required to include any material item of income in, or exclude any material deduction from, taxable income for any taxable period (or portion thereof) ending after the Closing Date as a result of any change in accounting method, prepaid amount realized outside the Ordinary Course of Business, closing agreement described in Section 7121 of the Code (or any similar provision of state, local or foreign law), installment sale or open transaction disposition.

  • Other actions.SUBCHAPTER V TORT ACTIONS893.925 Action for certain damages related to mining.893.93 Miscellaneous actions.893.94 Organized crime control; civil remedies.893.95 Unclaimed property; civil remedies.893.96 Family leave and medical leave; civil remedies.893.97 Business closing notification.893.98 Cessation of health care benefits notification.

  • Business closing, whether due to government order or business owner decision, have an impact on the loss of wages for the workers, especially the informal economy workers, who do not have the right to get wages during leave.

  • Alteration in the nature/scope of the Business, closing down/commencing any new business which is not ancillary or otherwise incidental to the business of the Company.

  • Approval and adoption of each Business Plan of the Delivery Vehicle (and any amendments/ variations thereto) Approval Recommendation Alteration of the Objectives or the nature/scope of the Business, closing down/commencing any business which is not ancillary or otherwise incidental to the Business of the Delivery Vehicle.

  • The agent should fulfill the following criteria for Entry/Continuation into the Distinguished Club:Net Number of Lives: 40First Year Commission Paid: Rs.50, 000Revised Benefits: Sr.No. Other conditions of Distinguished Agents’ Club will remain unchanged.The agent/ member will be required to submit the claim of membership/continuation to any club on prescribed format as per proforma (Annexure IV) within 30 days of New Business closing.

  • To this end, it used an allocation method and the value of cash in Astral Media Radio Inc., which is the parent company closest to the licensee just before the control was given to the trustee.

  • Notable M&A Deals On October 4, 2021, Regal Rexnord Corporation announced that it has completed the $3.7 billion merger of Regal Beloit with Rexnord Corporation's Process & Motion Control Business closing the deal that was signed on February 15, 2021.

  • The candidates who are required to deposit application fee, may check and confirm their payment status after minimum 48 hours of the deposit of the application fees (from Bank Business closing hour).


More Definitions of Business closing

Business closing means a permanent or temporary shut- down of an employment site or of one or more facilities or operat-
Business closing has the meaning set forth in Section 10.1 of this Agreement.
Business closing or "mass layoff" as defined in the Worker Adjustment and Retraining Act of 1986 (the "WARN Act") or any similar state, local or foreign law or regulation affecting any site of employment of the Company or one or more facilities or operating units within any site of employment or facility of the Company, and, during the 90-day period preceding the date hereof, no employee has suffered an "employment loss," with respect to the Company as defined in the WARN Act. Schedule 2.21 sets forth for each employee who has suffered such an "employment loss" (if any) during the 90-day period preceding the date hereof (i) the name of such employee (ii) the date of hire of such employee, (iii) such employee's regularly scheduled hours over the six month period prior to such "employment loss" and (iv) such employee's last job title(s), location, assignment(s) and department(s).
Business closing means the permanent shutdown of a facility or operations, or the cessation of work or operations not scheduled to resume within 90 days. A temporary shutdown of a seasonal employer that does not extend beyond 20 weeks is not a business closing.

Related to Business closing

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Second Closing has the meaning set forth in Section 2.2.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Additional Closing has the meaning set forth in Section 2.3.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Financial Closing means the execution of the Financing Documents by all the parties thereto, and the fulfillment of all conditions precedent thereunder necessary to permit the advance of funds to pay amounts due under this Agreement.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Original Closing Date means March 21, 2013.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Final Closing means the last closing under the Private Placement;