Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience from that of Manor Care as of the Cut-off Date shall be handled as follows. In the event an option exists to allocate state unemployment tax experience of Manor Care, the Manor Care experience shall be transferred to Choice if this results in the lowest aggregate unemployment tax costs for both Manor Care and Choice combined, and the Manor Care experience shall be retained by Manor Care if
Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience as of the Distribution Date shall be handled in accordance with this Section 3.5. In the event applicable state law permits the allocation of the unemployment tax experience of HMC as of the Distribution Date, the HMC experience shall be transferred to Crestline if this results in the lowest aggregate unemployment tax costs for both Crestline and HMLP combined, and the HMC experience shall be retained by HMLP if this results in the lowest aggregate unemployment tax costs for HMLP and Crestline combined. In the event applicable state law does not permit the allocation of the unemployment tax experience of HMC as of the Distribution Date, the HMC experience shall be transferred to HMLP.
Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience from that of PEI as of the Distribution Date shall be handled as follows. In the event an option exists to allocate state unemployment tax experience of PEI, the PEI experience shall be transferred to PriceSmart if this results in the lowest aggregate unemployment tax costs for both PEI and PriceSmart combined, and the PEI experience shall be retained by PEI if this results in the lowest aggregate unemployment tax costs for PEI and PriceSmart combined.
Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience from that of Stac as of the Distribution Date shall be handled as follows. In the event an option exists to allocate to Hi/fn state unemployment tax experience of Stac, the Stac experience shall be transferred to Hi/fn if this results in the lowest aggregate unemployment tax costs for both Stac and Hi/fn combined, and the Stac experience shall be retained by Stac if this results in the lowest aggregate unemployment tax costs for Stac and Hi/fn combined.
Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience from that of Hilton as of the Distribution Date shall be handled as follows. In the event an option exists to allocate state unemployment tax experience of Hilton, the Hilton experience shall be transferred to Park Place if this results in the lowest aggregate unemployment tax costs for both Hilton and Park Place combined, and the Hilton experience shall be retained by Hilton if this results in the lowest aggregate unemployment tax costs for Hilton and Park Place combined.
Assumption of Unemployment Tax Rates. Changes in state unemployment tax experience from that of Company and its subsidiaries as of the Distribution Date shall be handled as follows. In the event an option exists to allocate any state unemployment tax experience of Company or any of its subsidiaries, such experience shall be transferred to Lakes or one or more of its subsidiaries in the Lakes Business if this results in the lowest aggregate unemployment tax costs for both Company and Lakes combined; and such experience shall be retained by Company or one or more of its subsidiaries in the Company Retained Business if this results in the lowest aggregate unemployment tax costs for Company, Lakes and their respective subsidiaries combined.
Assumption of Unemployment Tax Rates. Changes in state ------------------------------------ unemployment tax experience from that of Sunburst as of the Cut-off Date shall be handled as follows. In the event an option exists to allocate state unemployment tax experience of Sunburst, the Sunburst experience shall be transferred to Choice if this results in the lowest aggregate unemployment tax costs for both Sunburst and Choice combined, and the Sunburst experience shall be retained by Sunburst if this results in the lowest aggregate unemployment tax costs for Sunburst and Choice combined.
Assumption of Unemployment Tax Rates. Changes in state -------------------------------------- unemployment tax experience from that of Columbia/HCA as of the Distribution Date shall be handled as follows. In the event an option exists to allocate state unemployment tax experience of Columbia/HCA, the Columbia/HCA experience shall be transferred to Triad or LifePoint, if this results in the lowest aggregate unemployment tax costs for each of Columbia/HCA and Triad or LifePoint, as the case may be, combined, and the Columbia/HCA experience shall be retained by Columbia/HCA if this results in the lowest aggregate unemployment tax costs for each of Columbia/HCA and Triad or LifePoint, as the case may be, combined.]
Assumption of Unemployment Tax Rates. In the event an option exists to allocate state unemployment tax experience of HCC to Hyatt with respect to each Retained Employee who immediately prior to the Closing was an Employee of HCC and who becomes an Employee of Hyatt on or after the Closing, the HCC experience shall be transferred to Hyatt if this results in the lowest aggregate unemployment tax costs for both Hyatt and HCC combined. However, the HCC experience shall be retained by HCC if this results in the lowest aggregate unemployment tax costs for Hyatt and HCC combined.
Assumption of Unemployment Tax Rates. 19 Section 3.6 Employees on Leave of Absence............................ 19 Section 3.7 No Third Party Beneficiary Rights........................ 20 Section 3.8 Attorney-Client Privilege................................ 20 ARTICLE IV DEFAULT.................................................................... 20
