Pre-existing Conditions; Coordination. Subject to the requirements or limitations of applicable Law, Spinco shall, and shall cause each member of the Spinco Group to, waive limitations on benefits relating to any pre-existing conditions of the Business Employees and, to the extent applicable, Beneficiaries.
Pre-existing Conditions; Coordination. Buyer shall, and shall cause its Affiliates to, waive any pre-existing condition or actively at work limitations, evidence of insurability and waiting periods for the Transferred Employees and their eligible spouses and dependents under any employee benefit plan, program or arrangement of Buyer or any of its Affiliates for the benefit of the Transferred Employees on or after the Closing Date. Buyer shall, and shall cause its Affiliates to, credit for purposes of determining and satisfying annual deductibles, co-insurance, co-pays, out-of-pocket limits and other applicable limits under the comparable health plans and arrangements offered to Transferred Employees, deductibles, co- insurance, co-pays and out-of-pocket expenses paid by Transferred Employees and their respective spouses and dependents under the Seller Parties or any of their respective Affiliates’ health plans in the calendar year in which the Closing Date occurs.
Pre-existing Conditions; Coordination. Buyer shall, and shall cause its Affiliates to, waive limitations on benefits relating to any pre-existing conditions and waiting periods with respect to participation and coverage requirements applicable to the Business Employees and their eligible spouses and dependents. Buyer shall, and shall cause its Affiliates to, recognize for purposes of annual deductible, co-payments, co-insurance and out of pocket limits under the health plans applicable to Business Employees, annual deductible, co-payments, co-insurance and out of pocket expenses paid by Business Employees and their respective spouses and dependents under the health plans of the Seller Parties or the Transferred Companies, as applicable, and their respective Affiliates in the fiscal period in which the Closing Date occurs.
Pre-existing Conditions; Coordination. The Acquiror shall, and shall cause its Affiliates to, use commercially reasonable efforts to waive limitations on benefits relating to any pre-existing conditions of the Transferred Employees and their eligible spouses and dependents. The Acquiror shall, and shall cause its Affiliates to, use commercially reasonable efforts to recognize for purposes of annual deductible and out-of-pocket limits under their health plans applicable to Transferred Employees, deductible and out-of-pocket expenses paid by Transferred Employees and their respective spouses and dependents under ATMI’s or any of its Affiliates’ health plans in the calendar year in which the applicable Transfer Time occurs.
Pre-existing Conditions; Coordination. Where applicable, the Company shall, or shall cause its Subsidiaries to, waive limitations on benefits relating to any pre-existing conditions of the Company Employees and their eligible dependents to the extent that such limitations were waived under the applicable OC Benefit Plan or SG Benefit Plan. Where applicable, the Company shall, and shall cause its Subsidiaries to, recognize for purposes of annual deductible and out-of-pocket limits under their health plans applicable to Company Employees, deductible and out-of-pocket expenses paid by Company Employees and their respective dependents under the Parents’ or any of their Affiliates’ health plans in the calendar year in which the Closing Date occurs to the extent that the respective Parents, as applicable, provide the Parents and the Company as of the Closing Date with detailed information as to the amount of such deductible and out-of-pocket expenses paid by the Company Employees.
Pre-existing Conditions; Coordination. Buyer shall, and shall cause the Companies to, use commercially reasonable efforts in the plan year in which the Closing occurs, waive limitations on benefits relating to any pre-existing conditions of the Continuing Employees and their eligible spouses and dependents under any health benefit plan established in the plan year in which the Closing occurs and in which the Continuing Employees are eligible to participate, to the extent such conditions were waived or satisfied under the corresponding Employee Plan prior to the Closing. Buyer shall, and shall cause the Companies to, use commercially reasonable efforts in the plan year in which the Closing occurs, recognize for purposes of annual deductible and out-of-pocket limits under their health plans applicable to Continuing Employees in the plan year in which the Closing occurs, deductible and out-of-pocket expenses paid by Continuing Employees and their respective spouses and dependents under the Employee Plans that are health plans in the calendar year in which the Closing Date occurs.
Pre-existing Conditions; Coordination. NewCo shall take commercially reasonable efforts to waive any pre-existing condition or actively at work limitations, evidence of insurability and waiting periods for the Transferred Employees and their eligible spouses and dependents under any Plan, program or arrangement of NewCo (including any Assumed Employee Plan) for the benefit of the Transferred Employees on or after the applicable Closing Date.
Pre-existing Conditions; Coordination. The Purchaser shall, or shall cause its Affiliates to, provide that no pre-existing conditions, exclusions or waiting periods shall apply to Transferred Employees under the benefit plans provided for those employees except to the extent such condition or exclusion was applicable to an individual Transferred Employee prior to the Closing Date. With respect to the plan year during which the Closing occurs, the Purchaser shall use commercially reasonable efforts to provide each Transferred Employee with credit for deductibles and out-of-pocket requirements paid prior to the Closing Date in satisfying any applicable deductible or out-of-pocket requirements under any employee benefit plan of the Purchaser or its Affiliates in which such Transferred Employee is eligible to participate following the Closing Date.
Pre-existing Conditions; Coordination. Where applicable, Xxxxx Corning shall, or shall cause its Subsidiaries to, waive limitations on benefits relating to any pre-existing conditions of the Transferred Employees and their eligible dependents to the extent that such limitations were waived under the applicable SG Benefit Plan. Where applicable, Xxxxx Corning shall, and shall cause its Subsidiaries to, recognize for purposes of annual deductible and out-of-pocket limits under their health plans applicable to Transferred Employees, deductible and out-of-pocket expenses paid by Transferred Employees and their respective dependents under Saint-Gobain’s or any of its Affiliates’ health plans in the calendar year in which the Closing Date occurs to the extent that Saint-Gobain provides Xxxxx-Xxxxxxx as of the Closing Date with detailed information as to the amount of such deductible and out-of-pocket expenses paid by the Transferred Employees.
Pre-existing Conditions; Coordination. The Buyer shall, and shall cause its Affiliates to, subject to and in addition to any requirements under applicable Law (including TUPE), use its commercially reasonable efforts to cause Buyer’s health plans (“Buyer Health Plans”) to waive limitations on benefits relating to any pre-existing conditions of the Transferred Employees and their eligible spouses and dependents. The Buyer shall, and shall cause its Affiliates to, use commercially reasonable efforts in connection with the Buyer Health Plans, to recognize for purposes of annual deductible and out-of-pocket limits under their health plans applicable to Transferred Employees, deductible and out-of-pocket expenses paid by Transferred Employees and their respective spouses and dependents under Seller’s or any of its Affiliates’ health plans in the calendar year in which the applicable Transfer Time occurs.
