Common use of Life and Medical VEBA Trusts Clause in Contracts

Life and Medical VEBA Trusts. As soon as administratively practicable following the Distribution Date, the NiSource Parties shall cause the trustees of the NiSource Life and Medical VEBA Trusts to transfer to the Columbia Life and Medical VEBA Trusts the assets that are credited to each of the subaccounts thereunder that relate to the Business Employees.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Nisource Inc/De), Employee Matters Agreement (Columbia Pipeline Group, Inc.)

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