Common use of Terminability of Welfare Plans Clause in Contracts

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l) or §3(2)(B) of ERISA, the Borrower, the Trust, or any of their respective ERISA Affiliates, as the case may be, shall have the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to Under each Employee Benefit Plan maintained by the Borrower, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(lSection 3(1) or §Section 3(2)(B) of ERISA, no benefits are due unless the Borrowerevent giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, the Trust, Part 6 of ERISA). The Borrower or any of their respective an ERISA AffiliatesAffiliate, as the case appropriate, may be, shall have the right to terminate each such plan Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower or such ERISA Affiliate without liability other than liability to pay claims incurred prior to the date of terminationany Person.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(lss.3(1) or §3(2)(Bss.3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each No Employee Benefit Plan maintained by the Borrower, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISAERISA provides benefit coverage subsequent to termination except as required by Title I, the BorrowerSubtitle B, the Trust, Part 6 of ERISA or any of their respective ERISA Affiliates, as the case applicable state law. The Borrower may be, shall have the right to terminate each such plan Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower without liability to any Person other than liability to pay for claims incurred arising or benefits accruing prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the any Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, the such Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust MCRC or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, the Borrower, the TrustMCRC, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without material liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the any Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(lSection 3(1) or §Section 3(2)(B) of ERISA, the such Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, the Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without material liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(lSection 3(1) or §Section 3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(lSection 3(1) or §Section 3(2)(B) of ERISA, each such plan provides that the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l§ 3(1) or §§ 3(2)(B) of ERISA, the each such plan provides that Borrower, the Trustany Guarantor, or any of their respective the ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Each Employee Benefit Plan maintained by the Borrower, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l(S)3(1) or §3(2)(B(S)3(2)(B) of ERISA, ERISA may be terminated by the Borrower, the Trust, Borrower or any of their respective an ERISA AffiliatesAffiliate, as the case may beappropriate, shall have the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower or such ERISA Affiliate, without liability other than material liability to pay claims incurred prior to the date of terminationany Person.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, each such plan provides that the Borrower, the Trust, such Guarantor or any of their respective such ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Each Employee Benefit ------------------------------ Plan maintained by the Borrower, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l(S)3(1) or §3(2)(B(S)3(2)(B) of ERISA, ERISA may be terminated by the Borrower, the Trust, Borrower or any of their respective an ERISA AffiliatesAffiliate, as the case may beappropriate, shall have the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower or such ERISA Affiliate, without liability other than material liability to pay claims incurred prior to the date of terminationany Person.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l(S)3(1) or §3(2)(B(S)3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(lss.3(1) or §3(2)(Bss.3(2)(B) of ERISA, the Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the any Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(lss.3(1) or §3(2)(Bss.3(2)(B) of ERISA, the such Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without material liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Except as set forth on Schedule 8.16 hereto, no Employee Benefit Plan maintained by the BorrowerPlan, the Trust or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment, except as required by Title I, Part 6 of ERISA or the Borrower, the Trust, or any of their respective ERISA Affiliates, as the case applicable state insurance laws. The Borrowers may be, shall have the right to terminate each such plan Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrowers without liability to any Person other than liability to pay for claims incurred arising prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust Borrower or any of their respective an ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(lSection 3(1) or §Section 3(2)(B) of ERISA, the Borrower, or the Trust, or any of their respective ERISA AffiliatesAffiliate, as the case may be, shall have has the right to tO terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates Affiliate which is an employee welfare benefit plan within the meaning of §3(l3(1) or §3(2)(B) of ERISA, each such plan provides that the Borrower, the Trustany Guarantor, or any of their respective such ERISA AffiliatesAffiliate, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without liability other than liability to pay claims incurred prior to the date of termination.

Terminability of Welfare Plans. With respect to each Employee Benefit Plan maintained by the Borrower, the Trust any Guarantor or any of their respective ERISA Affiliates which is an employee welfare benefit plan within the meaning of §3(lss.3(1) or §3(2)(Bss.3(2)(B) of ERISA, the Borrower, the Trustsuch Guarantor, or any of their respective ERISA Affiliates, as the case may be, shall have has the right to terminate each such plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) without material liability other than liability to pay claims incurred prior to the date of termination.