Common use of Allocation of Welfare Benefit Claims Clause in Contracts

Allocation of Welfare Benefit Claims. Notwithstanding Section 2.05, (a) the members of the B&N Group shall retain Liability and responsibility in accordance with the applicable B&N Welfare Plan for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) incurred by BNED Employees and Former BNED Employees (and their dependents and beneficiaries) under such plans on or prior to the Specified Welfare Plan Date and (b) the members of the BNED Group shall retain Liability and responsibility in accordance with the BNED Welfare Plans for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) incurred by BNED Employees (and their dependents and beneficiaries) following the Specified Welfare Plan Date. Notwithstanding the foregoing, BNED shall be obligated to reimburse B&N for the B&N Benefit Plan Costs as provided in Section 13.01. For purposes of this Section 6.02, a benefit claim shall be deemed to be incurred as follows: (i) health, dental, vision, employee assistance program and prescription drug benefits (including in respect of any hospital confinement), upon provision of such services, materials or supplies; and (ii) life, accidental death and dismemberment and business travel accident insurance benefits, upon the death, cessation of employment or other event giving rise to such benefits.

Allocation of Welfare Benefit Claims. Notwithstanding Section 2.05, (a) the The members of the B&N Honeywell Group shall retain Liability and responsibility all Liabilities in accordance with the applicable B&N Honeywell Welfare Plan for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) ), in each case, incurred by BNED AdvanSix Employees and Former BNED AdvanSix Employees (and each of their respective dependents and beneficiaries) under such plans on or prior to the Specified applicable Welfare Plan Date and (b) the members of the BNED AdvanSix Group shall retain Liability and responsibility all Liabilities in accordance with the BNED AdvanSix Welfare Plans for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) ), in each case, incurred by BNED AdvanSix Employees and Former AdvanSix Employees (and each of their respective dependents and beneficiaries) following on or after the Specified Applicable Welfare Plan Date. Notwithstanding ; provided that, AdvanSix shall reimburse Honeywell in accordance with the foregoing, BNED shall be obligated to reimburse B&N TSA for Liabilities incurred under clause (a) between the B&N Benefit Distribution Date and the applicable Welfare Plan Costs as provided in Section 13.01Date. For purposes of this Section 6.02, a benefit claim shall be deemed to be incurred as follows: (i) health, dental, vision, employee assistance program and prescription drug benefits (including in respect of any hospital confinement), upon provision of such services, materials or supplies; and (ii) life, accidental death and dismemberment and business travel accident insurance benefits, upon the death, cessation of employment or other event giving rise to such benefits.

Allocation of Welfare Benefit Claims. Notwithstanding Section 2.05, (a) the members of the B&N HCMC Group shall retain Liability and responsibility in accordance with the applicable B&N HCMC Welfare Plan for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) incurred by BNED SpinCo Employees and Former BNED SpinCo Employees (and their dependents and beneficiaries) under such plans on or prior to the Specified Welfare Plan Date and (b) the members of the BNED SpinCo Group shall retain Liability and responsibility in accordance with the BNED SpinCo Welfare Plans for all reimbursement claims (such as medical and dental claims) for expenses incurred and for all non-reimbursement claims (such as life insurance claims) incurred by BNED SpinCo Employees (and their dependents and beneficiaries) following the Specified Welfare Plan Date. Notwithstanding the foregoing, BNED SpinCo shall be obligated to reimburse B&N HCMC for the B&N HCMC Benefit Plan Costs as provided in Section 13.0112.01. For purposes of this Section 6.02, a benefit claim shall be deemed to be incurred as follows: (i) health, dental, vision, employee assistance program and prescription drug benefits (including in respect of any hospital confinement), upon provision of such services, materials or supplies; and (ii) life, accidental death and dismemberment and business travel accident insurance benefits, upon the death, cessation of employment or other event giving rise to such benefits.