Plant closing definition

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

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Plant closing. ' means a permanent cessation or reduction of business at a facility which results or will result as determined by the director in the permanent separation of at least 90% of the employees of said facility within a period of six months prior to the date of certification or with such other period as the director shall prescribe, provided that such period shall fall within the six month period prior to the date of certification.

Plant closing means the announced or actual permanent shutdown of a single site of employment, or one or more facilities or operating units within a single site of employment.

Examples of Plant closing in a sentence

• The above will apply notwithstanding any provisions to the contrary in any mutual document between the Parties dealing with Peterborough Plant closing.

• Borrower and Lender hereby agree that for purposes of calculating EBITDA under the Credit Agreement, impairment and restructuring costs of the Maiden Plant closing as reflected on the Borrower's income statements in accordance with GAAP are considered extraordinary costs.

• Sellers have terminated the employment of all Employees of the Business located at the Plants and the Depots, other than any such Employees necessary for purposes of providing the cleaning and other Plant closing activities at such Plants provided for in Section 8.13.

• Plant closing for remaining vacation purposes may be determined by the COMPANY at any time during the calendar year.

• Accordingly, it was agreed that in those instances, if any, where employees are permanently laid off as a result of a Plant closing the parties will jointly develop, in co- operation applicable Federal and, or, Provincial agencies a program designed to help them secure alternate employment.

More Definitions of Plant closing

Plant closing or "Mass Layoff" as such terms are defined in the WARN Act within sixty days of the Closing Date.

Plant closing means the permanent or temporary shutdown of a single site of employment, or one or more facilities or operating units within a single site of employment, if the shutdown results in an employment loss at the single site of employment during any 30-day period for 50 or more employees excluding any part-time employees.

Plant closing means the permanent or temporary shutdown of a single site of employment, or one or more

Plant closing means the shut-down and termination of production and distribution operations of Sawdust Pencil Company in the United States.

Plant closing or "mass layoff", as those terms are defined in WARN, affecting in whole or in part any site of employment, facility, operating unit or employee of the Company or any of its subsidiaries;

Plant closing or “Mass Layoff” that gives rise to any notice obligations under the WARN Act;

Plant closing or "Mass Layoff" as such terms are defined in the WARN Act with respect to any Plant within sixty days of the DLC Nuclear Closing Date in respect of the Plants.