Reduction of Liability. The liability of a party furnishing a bond or escrow shall be reduced, upon payment of any bond or escrow to the Surviving Plans, by the amount thereof in accordance with Section 4204(a)(4) of ERISA.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Albertsons Inc /De/), Asset Purchase Agreement (Supervalu Inc), Asset Purchase Agreement (CVS Corp)
Reduction of Liability. The liability of a party furnishing a bond or escrow shall be reduced, upon payment of any bond or escrow to the Surviving PlansMultiemployer Plan, by the amount thereof in accordance with Section 4204(a)(4) of ERISA.
Appears in 1 contract
Reduction of Liability. The liability of a party furnishing a bond or escrow shall be reduced, upon payment of any bond or escrow to the Surviving Plans, by the amount thereof in accordance with Section 4204(a)(4) of ERISA.)
Appears in 1 contract
Samples: Asset Purchase Agreement
