Common use of Provision of Benefits Clause in Contracts

Provision of Benefits. BHGE shall take such actions as are necessary to ensure that, upon the transfer referred to in Section 2.2(a) above, the trustees of the BHGE UK Plan shall assume responsibility for the provision of the Transferred Liabilities and, other than the liability to pay the GE UK Pension Plan Transfer Payment or as otherwise may be agreed, the trustees of the GE UK Pension Plan shall be discharged from liability for the Transferred Liabilities. 2.6

Appears in 2 contracts

Samples: Employee Benefits Matters Agreement, Employee Benefits Matters Agreement

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Provision of Benefits. BHGE shall take such actions as are necessary to ensure that, upon the transfer referred to in Section 2.2(a) above, the trustees of the BHGE UK Plan shall assume responsibility for the provision of the Transferred Liabilities and, other than the liability to pay the GE UK Pension Plan Transfer Payment or as otherwise may be agreed, the trustees of the GE UK Pension Plan shall be discharged from liability for the Transferred Liabilities. 2.6.

Appears in 2 contracts

Samples: Employee Benefits Matters Agreement (BAKER HUGHES a GE Co LLC), Employee Benefits Matters Agreement (Baker Hughes a GE Co)

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