Common use of Reimbursement Account Plans Clause in Contracts

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("Comcast Reimbursement Plan") for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable with respect to each Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Native Employee made contributions to any Time Warner Cable Benefit Plan maintained or sponsored by Transferor Parent or any of its Affiliates that is a reimbursement account plan, such as a health care or dependent care reimbursement plan (the "Time Warner Cable Transferor Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred System Native Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan (the "Comcast Transferee Reimbursement Plan") for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Transferee Reimbursement Plan by Time Warner Cable or an Affiliate, as applicableTransferor. As soon as practicable following the Closing, Time Warner Cable Transferor Parent shall pay to Comcast Subsidiary Transferee Parent a cash amount (which amount shall be deemed to constitute a current asset Current Asset of Holdco for purposes of Section 2.5(g)the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan. Comcast Subsidiary Transferee Parent shall assume all obligations of Time Warner Cable Transferor Parent with respect to each Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("“Time Warner Cable Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("“Comcast Reimbursement Plan"”) for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable with respect to each Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Native Employee made contributions to any Time Warner Cable Benefit Plan maintained or sponsored by Transferor Parent or any of its Affiliates that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable the “Transferor Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred System Native Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan ("Comcast the “Transferee Reimbursement Plan"”) for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Transferee Reimbursement Plan by Time Warner Cable or an Affiliate, as applicableTransferor Parent. As soon as practicable following the Closing, Time Warner Cable Transferor Parent shall pay to Comcast Subsidiary Transferee Parent a cash amount (which amount shall be deemed to constitute a current asset Current Asset of Holdco for purposes of Section 2.5(g)the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan. Comcast Subsidiary Transferee Parent shall assume all obligations of Time Warner Cable Transferor Parent with respect to each Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("Comcast Reimbursement Plan") for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g2.6(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable with respect to each Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable Reimbursement PlanTIME WARNER CABLE REIMBURSEMENT PLAN"), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("Comcast Reimbursement PlanCOMCAST REIMBURSEMENT PLAN") for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable or an Affiliateand, as applicable. As soon as practicable following the Closing, Time Warner Cable shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan. Plan and Comcast Subsidiary shall assume all obligations of Time Warner Cable with respect to each Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("“Time Warner Cable Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("“Comcast Reimbursement Plan"”) for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g2.6(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable with respect to each Transferred System Employee under the applicable Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable TWE Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable “TWE Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("“Comcast Reimbursement Plan"”) for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable TWE or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable TWE shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable TWE Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable TWE with respect to each Transferred System Employee under the applicable Time Warner Cable TWE Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Employee made contributions to any Time Warner Cable TWE Benefit Plan that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable TWE Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred System Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan that is a comparable reimbursement account plan ("Comcast Reimbursement Plan") for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Reimbursement Plan by Time Warner Cable TWE or an Affiliate, as applicable. As soon as practicable following the Closing, Time Warner Cable TWE shall pay to Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a current asset of Holdco for purposes of Section 2.5(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Employee under the applicable Time Warner Cable TWE Reimbursement Plan. Comcast Subsidiary shall assume all obligations of Time Warner Cable TWE with respect to each Transferred System Employee under the applicable Time Warner Cable TWE Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred System Native Employee made contributions to any Time Warner Cable Benefit Plan maintained or sponsored by Transferor Parent or any of its Affiliates that is a reimbursement account plan, such as a health care or dependent care reimbursement plan ("Time Warner Cable the “Transferor Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred System Native Employee shall be permitted to file claims for reimbursement under a Comcast Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan ("Comcast the “Transferee Reimbursement Plan"”) for qualifying expenses incurred during the calendar year in which the Closing occurs, including periods prior to the Closing, for a total amount not to exceed the amount elected by such Comcast Transferred System Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Comcast Transferee Reimbursement Plan by Time Warner Cable or an Affiliate, as applicableTransferor. As soon as practicable following the Closing, Time Warner Cable Transferor Parent shall pay to Comcast Subsidiary Transferee Parent a cash amount (which amount shall be deemed to constitute a current asset Current Asset of Holdco for purposes of Section 2.5(g)the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan. Comcast Subsidiary Transferee Parent shall assume all obligations of Time Warner Cable Transferor Parent with respect to each Transferred System Native Employee under the applicable Time Warner Cable Transferor Reimbursement Plan.