Continuing as Plan Sponsor Sample Clauses

Continuing as Plan Sponsor. Nothing in this Disaffiliation Agreement shall prevent Local Church, after the Disaffiliation Date, from continuing to sponsor benefit plans from the General Board of Pension and Health Benefits, to the extent permitted by federal law, and provided that Local Church has not expressly resolved that it no longer shares common religious bonds with The United Methodist Church.
AutoNDA by SimpleDocs
Continuing as Plan Sponsor. Nothing in this Agreement shall prevent New Church, after the Transfer Date, from continuing to sponsor benefit plans from the General Board of Pension and Health Benefits, to the extent permitted by federal law, and provided that New Church has not expressly resolved that it no longer shares common religious bonds with The United Methodist Church.
Continuing as Plan Sponsor. Nothing in this Withdrawal Agreement prevents Local Church, after the Withdrawal Date, from continuing to sponsor benefit plans from the General Board of Pension and Health Benefits, to the extent permitted by federal law, and provided that Local Church has not expressly resolved that it no longer shares common religious bonds with The United Methodist Church.
Continuing as Plan Sponsor. Nothing in this Agreement shall prevent the GM Church and/or the Local Church, after the Effective Withdrawal Date, from continuing to sponsor benefit plans administered by Wespath, to the extent permitted by federal law, and provided that the GM Church and the local church have not expressly resolved that it no longer shares common religious bonds with The United Methodist Church.

Related to Continuing as Plan Sponsor

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!