Common use of Benefit Obligations Clause in Contracts

Benefit Obligations. All accrued material obligations for payments to any entity, plan or person with respect to any benefits for current or former employees of the Company or any ERISA Affiliate have been timely paid or adequate accruals therefor have been made in the Financial Statements in accordance with GAAP.

Appears in 2 contracts

Samples: Asset Purchase Agreement (KIT Digital, Inc.), Agreement and Plan of Merger (KIT Digital, Inc.)

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Benefit Obligations. All accrued material obligations for payments to any entity, plan or person with respect to any benefits for current or former employees of the Company or its Subsidiaries or any ERISA Affiliate have been timely paid or adequate accruals therefor have been made in the Financial Statements in accordance with GAAP.

Appears in 1 contract

Samples: Agreement and Plan of Merger (KIT Digital, Inc.)

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Benefit Obligations. All Except as set forth on Schedule 3.8.2, all accrued material obligations for payments to any entity, plan or person with respect to any benefits for current or former employees of the Company or any ERISA Affiliate have been timely paid or adequate accruals therefor have been made in the Financial Statements in accordance with GAAP.

Appears in 1 contract

Samples: Agreement and Plan of Merger (KIT Digital, Inc.)

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