Common use of Retiree Benefits Clause in Contracts

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) obligations under COBRA.

Appears in 9 contracts

Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc), Credit Facilities Agreement (Gtsi Corp), Loan Agreement (Talx Corp)

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Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) obligations under COBRA.

Appears in 4 contracts

Samples: Loan Agreement (Omniquip International Inc), Revolving and Term Loan Facility (Davel Communications Group Inc), Loan Agreement (Young Innovations Inc)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided which has or is reasonably likely to Persons at such have a Material Adverse Effect on any Covered Person's sole expense and (ii) obligations under COBRA.

Appears in 4 contracts

Samples: Loan Agreement (Angelica Corp /New/), Loan Agreement (Angelica Corp /New/), Loan Agreement (Layne Christensen Co)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's ’s retirement or termination of employment (or to such Person's ’s beneficiary subsequent to such Person's ’s death) other than (ia) such benefits provided to Persons at such Person's ’s sole expense and (iib) obligations under COBRA.

Appears in 3 contracts

Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

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Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) ), including obligations under COBRA, which if enforced or collected, is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Centene Corp)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) obligations under COBRACOBRA or comparable state Law.

Appears in 1 contract

Samples: Credit Facilities Agreement (Young Innovations Inc)

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