MERGER OF PLANS. A merger or consolidation with, or transfer of assets or liabilities to, any other plan will be permitted only if the benefit each participant would receive if the plan were terminated immediately after the merger, consolidation or transfer is not less than the benefit he would have received if the plan had terminated immediately before the merger, consolidation or transfer.
MERGER OF PLANS. Effective December 1, 1987, the Chestnut Street Exchange Fund Retirement Profit-Sharing Plan, the Independence Square Income Securities, Inc. Retirement Profit-Sharing Plan, the Temporary Investment Fund, Inc. Retirement Profit-Sharing Plan, and the Trust for Short-Term Federal Securities Retirement Profit-Sharing Plan were merged into, and their assets transferred into, the Plan.
MERGER OF PLANS. If, during the Policy Period, an Employee Benefit Plan is merged with another Employee Benefit Plan, this Liability Coverage shall continue to provide coverage for both plans, subject to all other terms and conditions of this Liability Coverage and only for so long as this Liability Coverage remains in effect as to the Named Insured. If, during the Policy Period, a Sponsored ESOP is merged with another Sponsored ESOP, this Liability Coverage shall continue to provide coverage for both plans, subject to all other terms and conditions of this Liability Coverage and only for so long as this Liability Coverage remains in effect as to the Named Insured. If, during the Policy Period, an Employee Benefit Plan or Sponsored ESOP (“Covered Plan”) is merged with another Welfare Plan or Pension Plan for which coverage is not provided under this Liability Coverage (“Uncovered Plan”), this Liability Coverage shall continue to provide coverage for only the Covered Plan, subject to all other terms and conditions of this Liability Coverage and only for so long as this Liability Coverage remains in effect as to the Named Insured, but only for Claims for Wrongful Acts which occurred prior to the date of such merger.
MERGER OF PLANS. EFFECTIVE DECEMBER 1, 1987, XXX XXXXXXXX XXXXXX XXXHANGE FUND RETIREMENT PROFIT-SHARING PLAN, THE INDEPENDENCE SQUARE INCOME SECURITIES, INC. RETIREMENT PROFIT-SHARING PLAN, THE TEMPORARY INVESTMENT FUND, INC. RETIREMENT PROFIT-SHARING PLAN, AND THE TRUST FOR SHORT-TERM FEDERAL SECURITIES RETIREMENT PROFIT-SHARING PLAN WERE MERGED INTO, AND THEIR ASSETS TRANSFERRED INTO, THE PLAN.
MERGER OF PLANS. Should any of the Columbia/HCA Retirement --------------- Plans, the HealthTrust Plan or the EPIC Plan be merged together prior to the Distribution Date, then the preceding provisions of this Section 2.2 shall apply to such merged plan(s) .
MERGER OF PLANS. Effective as of April 1, 1991, the Meltex Corporation Employee Savings Plan (the “Meltex Plan”) was merged into and made a part of the Plan.
MERGER OF PLANS. Effective as of December 31, 1994, the separate accounts of those individuals who were employees of Mountaingate Engineering, Inc. or an Employer as of December 31, 1994, and who had account balances in the Mountaingate Engineering, Inc. 401(k) Plan immediately prior to such date and the related assets were transferred to the Plan from the Mountaingate Engineering, Inc. 401(k) Plan (the “Mountaingate Plan”) and the Mountaingate Plan was merged into and made a part of the Plan.
MERGER OF PLANS. Effective as of December 31, 1995, the separate accounts of those individuals who were employees of Electrostatic Technology, Inc. (“ETI”) or an Employer as of December 31, 1995, and who had account balances in the Electrostatic Technology, Inc. 401(k) Profit Sharing Plan (the “ETI Plan”) immediately prior to such date and the related assets were transferred to the Plan from the ETI Plan and the ETI Plan was merged into and made a part of the Plan.
MERGER OF PLANS. Effective as of June 30, 1997, the separate accounts of those individuals who were employees of Asymptotic Technologies, Inc. (“ATI”) or an Employer as of June 30, 1997, and who had account balances in the Asymptotic Technologies, Inc. Employee Retirement & Savings Benefit Plan (the “ATI Plan”) immediately prior to such date and the related assets were transferred to the Plan from the ATI Plan and the ATI Plan was merged into and made a part of the Plan.
MERGER OF PLANS. Effective as of the Transfer Date, separate accounts of the Transfer Participants shall be transferred to the Plan from the Transferor Plan and thereupon the Transferor Plan shall be merged into and made a part of the Plan. The trustee for the Transferor Plan shall transfer the assets representing such separate accounts of the Transferor Plan to the Trustee for the Plan on the Transfer Date or as soon as practicable thereafter.
