Liability for Claims. As of January 1, 1997, Choice or a Choice Subsidiary shall assume or retain and shall be responsible for, or cause its insurance carriers or HMOs to be responsible for, all liabilities and obligations in connection with claims incurred or premiums due on and after January 1, 1997 in respect of any Choice Individual, and Manor Care and the Retained Subsidiaries shall have no liability or obligation with respect thereto.
Appears in 3 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc)
Liability for Claims. As of January 1, 19971998, Choice or a Choice -------------------- Subsidiary shall assume or retain and shall be responsible for, or cause its insurance carriers or HMOs to be responsible for, all liabilities and obligations in connection with claims incurred or premiums due on and after January 1, 1997 1998 in respect of any Choice Individual, and Manor Care Sunburst and the Retained Subsidiaries shall have no liability or obligation with respect thereto.
Appears in 2 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Franchising Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels International Inc)