Plan Qualification; Plan Administration. Except as set forth on Schedule 3.11.2, (a) each Company Plan that is intended to be qualified under Section 401(a) of the Code either has received a favorable determination or opinion letter or filed for a determination or opinion letter to the effect that the form of such plan is so qualified or the applicable period for requesting such determination or opinion has not yet expired; and (b) each Company Plan has been administered in compliance in all material respects with applicable Legal Requirements.
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Samples: Stock Purchase Agreement, Stock Purchase Agreement (IES Holdings, Inc.)
Plan Qualification; Plan Administration. Except as set forth on Schedule 3.11.2, (ai) each Each Company Plan that is intended to be qualified under Section 401(a) of the Code either has received is the subject of a favorable determination or opinion letter or filed for a determination or opinion letter to the effect that the form of such plan is so qualified, and nothing has occurred that would be reasonably expected to adversely affect the qualified or the applicable period for requesting status of any such determination or opinion has not yet expiredCompany Plan in such a manner that would result in a Material Adverse Effect; and (bii) each Company Plan has been established, administered and maintained in compliance (both in form and operation) in all material respects in accordance with applicable Legal Requirementsits terms and all Applicable Law.
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Samples: Membership Interest Exchange Agreement (Muscle Maker, Inc.), Membership Interest Purchase Agreement (Muscle Maker, Inc.)
Plan Qualification; Plan Administration. Except as set forth on Schedule 3.11.2, (ai) each Each Company Plan that is intended to be qualified under Section 401(a) of the Code either has received a favorable determination or opinion letter or filed for a favorable determination or opinion letter to the effect that the form of such plan is so qualified or the applicable period for requesting such determination or opinion has not yet expired; , and (b) each Company Plan has been administered in compliance in all material respects with applicable Legal Requirements.to the Company’s Knowledge, the Acquired Companies have not taken, or failed to take, any action that would be reasonably
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