Common use of Benefits Generally Clause in Contracts

Benefits Generally. Effective as of the Plan Transition Date, the DevCo Group shall have taken all necessary or appropriate actions to ensure that each Aimco Benefit Arrangement that is intended to be transferred to SpinCo, as set forth on Schedule 3.1 hereto (each, a “SpinCo Transferred Benefit Arrangement”), is transferred to a member of the SpinCo Group.

Appears in 2 contracts

Samples: Employee Matters Agreement (Aimco Properties L.P.), Employee Matters Agreement (Aimco OP L.P.)

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Benefits Generally. Effective as of the Plan Transition Date, the DevCo Group shall have taken all necessary or appropriate actions to ensure that each Aimco Benefit Arrangement that is intended to be transferred to SpinCo, as set forth on Schedule 3.1 __ hereto (each, a “SpinCo Transferred Benefit Arrangement”), is transferred to a member of the SpinCo Group.

Appears in 2 contracts

Samples: Employee Matters Agreement (Apartment Income REIT Corp.), Employee Matters Agreement (Aimco OP L.P.)

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