Substantially Similar Self-Insured Plans Sample Clauses

Substantially Similar Self-Insured Plans. Any Health and Welfare Plan self-insured by REI and substantially similar to any Resources Health and Welfare Plan established as of the Distribution Date, or such other date as agreed upon by REI and Resources, shall cease to be responsible for Liabilities to or relating to Resources Employees under the REI Health and Welfare Plans as of the Distribution Date, and the corresponding Resources Health and Welfare Plans shall assume such Liabilities as of the Distribution Date.
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Substantially Similar Self-Insured Plans. Unless the affected Southern Energy Employee elects continued coverage under a Southern Health and Welfare Plan pursuant to Subsection 6.03(a)(i), any Health and Welfare Plan self-insured by Southern and substantially similar to any Southern Energy Health and Welfare Plan established as of the Group Status Change Date, or such later date as agreed upon by Southern and Southern Energy, shall cease to be responsible for Liabilities to or relating to Southern Energy Employees under the Southern Health and Welfare Plans as of such date and the corresponding Southern Energy Health and Welfare Plans shall assume such Liabilities as of that date.
Sample 1
Substantially Similar Self-Insured Plans. Any Health and Welfare Plan self-insured by Allegheny and substantially similar to any Supply Holdco Health and Welfare Plan established as of the Separation Date, or such later date as agreed by Allegheny and Supply Holdco, shall cease to be responsible for Liabilities to or relating to Supply Holdco Employees under the Allegheny Health and Welfare Plans as of such date, and the corresponding Supply Holdco Health and Welfare Plans shall assume such Liabilities as of that date.
Sample 1

Related to Substantially Similar Self-Insured Plans

  • Deductibles and Self-Insured Retention Any deductible or self-insured retention that apply to any insurance required by this Agreement must be declared and approved by COUNTY.

  • Deductibles and Self-Insured Retentions Any deductibles or self-insured retentions must be declared to, and approved by CITY's Risk Manager. At the option of CITY, either; the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects CITY, its officer, employees, agents and contractors; or GRANTEE shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses in an amount specified by the CITY's Risk Manager.

  • Deductibles and Self-Insurance Retentions Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Consultant to provide proof of ability to pay losses and related investigation, claims administration and defense expenses within the deductible or self-insured retention. The deductible or self-insured retention may be satisfied by either the named insured or the City.

  • Self-Insured Retention/Deductibles Certificates of Insurance must indicate the applicable deductible/self-insured retention on each policy. Deductibles or self-insured retentions above $100,000 are subject to approval from OGS, which shall not be unreasonably withheld, conditioned or delayed. Vendor and Contractors shall be solely responsible for all claim expenses and loss payments within the deductible or self-insured retention.

  • Self-Insured Retentions Self-insured retentions must be declared to and approved by City. City may require Contractor to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or City.

  • Self-Insurance Notwithstanding the foregoing, each Interconnected Entity may self-insure to meet the minimum insurance requirements of this Section 13 of this Appendix 2 to the extent it maintains a self- insurance program, provided that such Interconnected Entity’s senior secured debt is rated at investment grade or better by Standard & Poor’s and its self-insurance program meets the minimum insurance requirements of this Section 13. For any period of time that an Interconnected Entity’s senior secured debt is unrated by Standard & Poor’s or is rated at less than investment grade by Standard & Poor’s, such Party shall comply with the insurance requirements applicable to it under this Section 13. In the event that an Interconnected Entity is permitted to self-insure pursuant to this section, it shall notify the other Interconnection Parties that it meets the requirements to self-insure and that its self-insurance program meets the minimum insurance requirements in a manner consistent with that specified in Section 13.5 of this Appendix 2.

  • Health and Welfare Benefit Plans During the Employment Period, Executive and Executive’s immediate family shall be entitled to participate in such health and welfare benefit plans as the Employer shall maintain from time to time for the benefit of senior executive officers of the Employer and their families, on the terms and subject to the conditions set forth in such plan. Nothing in this Section shall limit the Employer’s right to change or modify or terminate any benefit plan or program as it sees fit from time to time in the normal course of business so long as it does so for all senior executives of the Employer.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Insured The contractor/renter must be specifically listed as the Insured.

  • Deductibles The Department shall be exempt from, and in no way liable for, any sums of money representing a deductible in any insurance policy. The payment of such deductible shall be the sole responsibility of the Grantee providing such insurance.

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