Plan Funding. With respect to the Company Benefit Plans, there are no material benefit or funding obligations for which contributions have not been made or properly accrued or will not be offset by insurance and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the Company. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 6 contracts
Sources: Merger Agreement, Merger Agreement (Vantagemed Corp), Merger Agreement (Globalive Communications Corp.)
Plan Funding. With respect to the Company Benefit Employee Plans, there are no material benefit or funding obligations for which contributions have not been timely made or properly accrued or will not be offset by insurance and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the Company. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 6 contracts
Sources: Agreement and Plan of Merger (Ligand Pharmaceuticals Inc), Agreement and Plan of Reorganization (Visual Sciences, Inc.), Merger Agreement (Pharmacopeia Inc)
Plan Funding. With respect to the Company Benefit Plans, there are no material benefit or funding obligations for which required contributions have not been made or properly accrued to the extent required by GAAP or will not be offset by insurance applicable Legal Requirements and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the Company. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 4 contracts
Sources: Implementation Agreement, Implementation Agreement (Advantest Corp), Implementation Agreement (Verigy Holding Co. Ltd.)
Plan Funding. With respect to the Company Benefit Plans, there are no material benefit or funding obligations for which required contributions have not been made or properly accrued or will not be offset to the extent required by insurance GAAP and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the CompanyCompany Financials. The assets of each Company Benefit Plan which that is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 3 contracts
Sources: Merger Agreement (Divx Inc), Merger Agreement (Sonic Solutions/Ca/), Merger Agreement (Divx Inc)
Plan Funding. With respect to the Company Benefit Employee Plans, there are no material benefit or funding obligations for which contributions have not been timely made or properly accrued or will not be offset by insurance and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the Company. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 2 contracts
Sources: Merger Agreement (Medicinova Inc), Merger Agreement (Avigen Inc \De)
Plan Funding. With respect to the Company Benefit Plans, there are no material benefit or funding obligations for which required contributions have not been made or properly accrued to the extent required by GAAP or will not be offset by insurance applicable Legal Requirements and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the Company. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 1 contract
Sources: Implementation Agreement (SunEdison Semiconductor LTD)
Plan Funding. With respect to the Company Benefit Plans, there are no material benefit or funding obligations for which contributions have not been made or properly accrued or will not be offset by insurance and there are no material benefit or funding obligations which have not been accounted for by reserves, or otherwise properly footnoted in accordance with the requirements of GAAP, on the financial statements of the CompanySeller. The assets of each Company Benefit Plan which is funded are reported at their fair market value on the books and records of such Company Benefit Plan.
Appears in 1 contract
Sources: Stock Purchase and Option Agreement (Transax International LTD)