Common use of Allocation and Discharge of Welfare Plan Liabilities Clause in Contracts

Allocation and Discharge of Welfare Plan Liabilities. NextLevel Systems shall retain or assume, as the case may be, and discharge all welfare plan liabilities with respect to Active Employees and Former Employees of the NextLevel Systems Group and their dependents. CommScope shall retain or assume, as the case may be, and discharge all welfare plan liabilities with respect to Active Employees and Former Employees of the CommScope Group and their dependents. GS shall retain and discharge all other welfare plan liabilities which remain after allocation of liabilities to CommScope and NextLevel Systems under the two immediately preceding sentences, including, without limitation, all such liabilities relating to the Active Employees and Former Employees of the GS Group and their dependents.