Definition of Pre-Closing Employee Liabilities

  1. Pre-Closing Employee Liabilities means all Liabilities arising out of or relating primarily to the employment of any Property Employee prior to the Closing Date, including under the Collective Bargaining Agreements and including any and all severance obligations or other Liabilities relating to the termination by Seller of any Property Employees at, prior to or as a result of the Closing (and including Pre-Closing Worker Compensation Liabilities).

Definition of Pre-Closing Employee Liabilities in Stock Purchase Agreement

Pre-Closing Employee Liabilities means any liabilities arising out of or related to any "employee benefit plan" (within the meaning of Section 3(3) of ERISA) or severance pay policy maintained by the Seller or any of its ERISA Affiliates prior to the Closing Date for the benefit of any Business Employee.


Definition of Pre-Closing Employee Liabilities in Asset Purchase Agreement

Pre-Closing Employee Liabilities means all Liabilities arising out of or relating primarily to the employment of any Property Employee prior to the Closing Date, including under the Collective Bargaining Agreements and including any and all severance obligations or other Liabilities relating to the termination by Seller of any Property Employees at, prior to or as a result of the Closing (and including Pre-Closing Worker Compensation Liabilities).