Common use of Terminability of Welfare Plans Clause in Contracts

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no Employee Benefit Plan which is an employee welfare benefit plan within the meaning of ss.3(1) or ss.3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment except as required by Title I, Part 6 of ERISA or applicable state insurance laws. Except as set forth on Schedule 10.16, the Borrower may 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 without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no No Employee Benefit Plan ------------------------------ Plan, which is an employee welfare benefit plan within the meaning of ss.3(1(S)3(1) or ss.3(2)(B(S)3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment employment, except as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16, the The Borrower may 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 without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no No Employee Benefit Plan ------------------------------ Plan, which is an employee welfare benefit plan within the meaning of ss.3(1(S)3(1) or ss.3(2)(B(S)3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment employment, except as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16The Parent, the Borrower or their respective Subsidiaries may 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 such person without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no No Employee Benefit Plan which that is an employee welfare benefit plan within the meaning of ss.3(1§3(1) or ss.3(2)(B§3(2)(B) of ERISA, ERISA provides benefit coverage subsequent to termination of employment employment, except as set forth on Schedule 6.15 or as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16, the Borrower The Borrowers may 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 Borrowers without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no No Employee Benefit Plan which that is an employee welfare benefit plan within the meaning of ss.3(1§3(1) or ss.3(2)(B§3(2)(B) of ERISA, ERISA provides benefit coverage subsequent to termination of employment employment, except as set forth on Schedule 6.15 or as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16, the The Borrower may 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 without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.165.14(b), no Employee Benefit Plan which is an employee welfare benefit plan within the meaning of ss.3(1) or ss.3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment except as required by Title I, Part 6 of ERISA or applicable state insurance laws. Except as set forth on Schedule 10.16, the Any Borrower may 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 such Borrower without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth disclosed on Schedule 10.165.17.2, (a) other than normal severance plans, no Employee Benefit Plan which that is an employee welfare benefit plan within the meaning of ss.3(1Section 3(1) or ss.3(2)(BSection 3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment employment, except as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16laws and (b), the Borrower Company may terminate each such Employee Benefit Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower Company without liability to any Person other than for claims arising prior to termination.

Terminability of Welfare Plans. Except as set forth on Schedule 10.16, no No Employee Benefit Plan which that is an employee welfare benefit plan within the meaning of ss.3(1Section 3(1) or ss.3(2)(BSection 3(2)(B) of ERISA, ERISA provides benefit coverage subsequent to termination of employment employment, except as set forth on Schedule 6.15 or as required by Title I, Part 6 of ERISA or the applicable state insurance laws. Except as set forth on Schedule 10.16, the The Borrower may 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 without liability to any Person other than for claims arising prior to termination.