FUNDING OF ACCRUED EMPLOYEE BENEFITS. Company hereby covenants and agrees that it will take whatever steps are necessary to pay or fund completely for any accrued benefits, where applicable, or vested accrued benefits for which Company or any entity might have any liability whatsoever arising from any insurance, pension plan, employment tax or similar liability of Company to any employee or other person or entity (including, without limitation, any Company Plan and any liability under employment contracts with Company) allocable to services performed prior to the Closing Date. Company and Shareholders acknowledge that the purpose and intent of this covenant is to assure that Pentegra shall have no unfunded liability whatsoever at any time after the Closing Date with respect to any of Company's employees or similar persons or entities, including, without limitation, any Company Plan for the period prior to the Closing Date.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. Dentist hereby covenants and agrees that it will take whatever steps are necessary to pay or fund completely for any accrued benefits, where applicable, or vested accrued benefits for which Dentist or any entity might have any liability whatsoever arising from any insurance, pension plan, employment tax or similar liability of Dentist to any employee or other person or entity (including, without limitation, any Dentist Plan and any liability under employment contracts with Dentist) allocable to services performed prior to the Closing Date. Dentist acknowledges that the purpose and intent of this covenant is to assure that Pentegra shall have no liability whatsoever at any time after the Closing Date with respect to any of Dentist's employees or similar persons or entities, including, without limitation, any Dentist Plan for the period prior to the Closing Date.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. Contributor hereby covenants and agrees that it will take whatever steps are necessary to pay or fund completely for any accrued benefits, where applicable, or vested accrued benefits for which Contributor or any entity might have any liability whatsoever arising from any insurance, pension plan, employment tax or similar liability of Contributor to any employee or other person or entity (including, without limitation, any Contributor Plan and any liability under employment contracts with Contributor) allocable to services performed prior to the Closing Date. Contributor and Shareholders acknowledge that the purpose and intent of this covenant is to assure that Pentegra shall have no unfunded liability whatsoever at any time after the Closing Date with respect to any of Contributor's employees or similar persons or entities, including, without limitation, any Contributor Plan for the period prior to the Closing Date.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. The Company hereby covenants and agrees that it will take whatever steps are necessary to pay for or fund completely any accrued benefits, where applicable, or vested accrued benefits for which the Company or any entity might have any liability whatsoever arising from any tax-qualified plan as required under applicable law. The Company acknowledges that the purpose and intent of this covenant is to assure that APP shall have no liability whatsoever at any time after the Closing Date with respect to any such tax-qualified plan, unless such plan is merged with a plan sponsored by APP.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. 29 Section 7.11 Accounting and Tax Matters............................ 30 Section 7.12 Spin-Off Transaction.................................. 30 Section 7.13 "F" Reorganization.................................... 30
FUNDING OF ACCRUED EMPLOYEE BENEFITS. The Company hereby covenants and agrees that it will take whatever steps are necessary to pay for or fund completely any accrued benefits, where applicable, or vested accrued benefits for which the Company or any entity might have any liability whatsoever arising from any tax-qualified plan as required under applicable law. The Company acknowledges that the purpose and intent of this covenant is to assure that the Purchaser shall have no liability whatsoever at any time after the Closing Date with respect to any such tax-qualified plan, unless such plan is merged with a plan sponsored by the Purchaser.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. Except as set forth on Exhibit 7.2, Seller hereby covenants and agrees that it will take whatever steps are necessary to pay or fund completely or reserve completely for any accrued benefits, where applicable, or vested accrued benefits for which Seller or any entity might have any liability whatsoever arising from any salary, wage, benefit, bonus, vacation pay, sick leave, insurance, employment tax or similar liability of Seller to any employee or other person or entity (including, without limitation, any Seller Plan and any liability under employment contracts with Seller) allocable to services performed prior to the Closing Date. Seller acknowledges that the purpose and intent of this covenant is to assure that PSC shall have no liability whatsoever at any time in the future with respect to any of Seller's employees or similar persons or entities, including, without limitation, any Seller Plan, except as indicated on Exhibit 7.2.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. The Company hereby covenants and agrees that it will take whatever steps are necessary to pay for or fund completely any accrued benefits,
FUNDING OF ACCRUED EMPLOYEE BENEFITS. The Company hereby covenants and agrees that it will take whatever steps are necessary to pay or fund completely for any accrued benefits, where applicable, or vested accrued benefits for which the Company or any entity might have liability arising from any salary, wage, benefit, bonus, vacation pay, sick leave, insurance, employment tax or similar liability of the Company to any employee or other person or entity (including, without limitation, any Company Plan and any liability under employment contracts with the Company) allocable to services performed prior to the Closing Date. The Company acknowledges that the purpose and intent of this covenant is to assure that Premier shall have no liability, directly or indirectly, at any time after the Closing Date with respect to any of the Company's employees or similar persons or entities, including, without limitation, any Company Plan.
FUNDING OF ACCRUED EMPLOYEE BENEFITS. Seller hereby covenants and agrees that it will take whatever steps are reasonably necessary to pay or fund completely for any accrued benefits, where applicable, or vested accrued benefits for which Seller or any entity might have any liability whatsoever arising from any insurance, pension plan, employment tax or similar liability of Seller to any employee or other person or entity (including, without limitation, any Seller Plan and any liability under employment contracts with Seller) allocable to services performed prior to the Closing Date. Seller acknowledges that the purpose and intent of this covenant is to assure that PRG Sub shall have no liability whatsoever at any time after the Closing Date with respect to any of Seller's employees or similar persons or entities, including, without limitation, any Seller Plan.
