Common use of Amounts Required to Fund Plan Sponsor's Liability for Ex-Gratia Payments Clause in Contracts

Amounts Required to Fund Plan Sponsor's Liability for Ex-Gratia Payments. Suppose, at the Plan Sponsor's request, the Company makes payment of expenses that Company determines is not covered under the Plan. In that case, Plan Sponsor shall immediately pay Company an amount equal to such payment. While held by the Company, the payment amounts identified in B and C of this Section 2 may be credited with interest at the Company's then-current short- term interest rates. Plan Sponsor agrees that the Company shall retain all such income earned concerning such amounts held by the Company.

Amounts Required to Fund Plan Sponsor's Liability for Ex-Gratia Payments. SupposeIf, at the Plan Sponsor's ’s request, the Company makes payment of expenses that Company determines is not covered under the Plan. In that case, Plan Sponsor shall immediately pay Company an amount equal to such payment. While held by the Company, the payment amounts identified in A and B and C of this Section 2 may be credited with interest at the Company's ’s then-current short- short-term interest rates. Plan Sponsor agrees that the Company shall retain all such income earned concerning with respect to such amounts while held by the Company.

Amounts Required to Fund Plan Sponsor's Liability for Ex-Gratia Payments. Suppose, at the Plan Sponsor's request, If the Company makes payment of expenses at the Plan Sponsor's request that the Company determines is not covered under the Plan. In that case, then the Plan Sponsor shall immediately pay Company an amount equal to such payment. While held by the Company, the payment amounts identified in B and C of this Section 2 may be credited with interest at the Company's then-current short- short-term interest rates. Plan Sponsor agrees that the Company shall retain all such income earned concerning such amounts held by the Company.