Common use of Reimbursement Account Plans Clause in Contracts

Reimbursement Account Plans. To the extent any Transferred Native Employee made contributions to any 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 "Transferor Reimbursement Plan"), during the calendar year in which the Closing occurs, such Transferred Native Employee shall be permitted to file claims for reimbursement under a Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan (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 Transferred Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Reimbursement Plan by Transferor. As soon as practicable following the Closing, Transferor Parent shall pay to Transferee Parent a cash amount (which amount shall be deemed to constitute a Current Asset of the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Transferred Native Employee under the applicable Transferor Reimbursement Plan. Transferee Parent shall assume all obligations of Transferor Parent with respect to each Transferred Native Employee under the applicable Transferor Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System 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 "Transferor Time Warner Cable Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee 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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTime Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent Time Warner Cable shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco 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 Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent Time Warner Cable with respect to each Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System Employee made contributions to any TWE 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 "Transferor “TWE Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee “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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTWE or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent TWE shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco 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 Native System Employee under the applicable Transferor TWE Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent TWE with respect to each Transferred Native System Employee under the applicable Transferor TWE Reimbursement Plan.

Reimbursement Account Plans. To the extent any Transferred Native Employee made contributions to any 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 "“Transferor Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Transferred Native Employee shall be permitted to file claims for reimbursement under a Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan (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 Transferred Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Reimbursement Plan by Transferor. As soon as practicable following the Closing, Transferor Parent shall pay to Transferee Parent a cash amount (which amount shall be deemed to constitute a Current Asset of the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Transferred Native Employee under the applicable Transferor Reimbursement Plan. Transferee Parent shall assume all obligations of Transferor Parent with respect to each Transferred Native Employee under the applicable Transferor Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System 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 "Transferor “Time Warner Cable Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee “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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTime Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent Time Warner Cable shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco for purposes of Section 2.6(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent Time Warner Cable with respect to each Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System Employee made contributions to any TWE 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 "Transferor TWE Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee 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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTWE or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent TWE shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco 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 Native System Employee under the applicable Transferor TWE Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent TWE with respect to each Transferred Native System Employee under the applicable Transferor TWE Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System 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 "Transferor Reimbursement PlanTIME WARNER CABLE REIMBURSEMENT PLAN"), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee 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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by Transferor. As Time Warner Cable and, as soon as practicable following the Closing, Transferor Parent Time Warner Cable shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset of the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan. Transferee Parent Plan and Comcast Subsidiary shall assume all obligations of Transferor Parent Time Warner Cable with respect to each Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Transferred Native Employee made contributions to any 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 "“Transferor Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Transferred Native Employee shall be permitted to file claims for reimbursement under a Benefit Plan maintained or sponsored by Transferee Parent or any of its Affiliates that is a comparable reimbursement account plan (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 Transferred Native Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Reimbursement Plan by TransferorTransferor Parent. As soon as practicable following the Closing, Transferor Parent shall pay to Transferee Parent a cash amount (which amount shall be deemed to constitute a Current Asset of the applicable Newco) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Transferred Native Employee under the applicable Transferor Reimbursement Plan. Transferee Parent shall assume all obligations of Transferor Parent with respect to each Transferred Native Employee under the applicable Transferor Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System 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 "Transferor “Time Warner Cable Reimbursement Plan"”), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee “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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTime Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent Time Warner Cable shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco 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 Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent Time Warner Cable with respect to each Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan.

Reimbursement Account Plans. To the extent any Comcast Transferred Native System 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 "Transferor Time Warner Cable Reimbursement Plan"), during the calendar year in which the Closing occurs, such Comcast Transferred Native System 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 "Transferee 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 Native System Employee for that year under such plan. Account balances, whether positive or negative, shall be transferred and assigned to the appropriate Transferee Comcast Reimbursement Plan by TransferorTime Warner Cable or an Affiliate, as applicable. As soon as practicable following the Closing, Transferor Parent Time Warner Cable shall pay to Transferee Parent Comcast Subsidiary a cash amount (which amount shall be deemed to constitute a Current Asset current asset of the applicable NewcoHoldco for purposes of Section 2.6(g)) equal to the aggregate positive balances as of the Closing Date of each flexible spending account of each Comcast Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan. Transferee Parent Comcast Subsidiary shall assume all obligations of Transferor Parent Time Warner Cable with respect to each Transferred Native System Employee under the applicable Transferor Time Warner Cable Reimbursement Plan.