Common use of Waiver of Conditions; Benefit Maximums Clause in Contracts

Waiver of Conditions; Benefit Maximums. Veoneer shall use commercially reasonable efforts to cause the Veoneer U.S. Welfare Plans and any Welfare Plans that provide leave benefits, as applicable, to: (i) with respect to initial enrollment as of January 1, 2019, waive (A) all limitations as to preexisting conditions, exclusions, and service conditions with respect to participation and coverage requirements applicable to any Veoneer Group Employee or Former Veoneer Group Employee who are U.S. Employees, or any covered dependents thereof, other than limitations that were in effect with respect to such Veoneer Group Employee, Former Veoneer Group Employee, or covered dependent under the applicable Autoliv U.S. Welfare Plan as of immediately prior to January 1, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established), and (B) any waiting period limitation or evidence of insurability requirement applicable to such Veoneer Group Employee, Former Veoneer Group Employee, or any covered dependents thereof, other than limitations or requirements that were in effect with respect to such Veoneer Group Employee, Former Veoneer Group Employee, or covered dependent under the applicable Autoliv U.S. Welfare Plans as of immediately prior to January 1, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established); and (ii) take into account with respect to aggregate annual, lifetime, or similar maximum benefits available under the Veoneer U.S. Welfare Plans, such Veoneer Group Employee’s, Former Veoneer Group Employee’s, or any covered dependents’ prior claim experience under the Autoliv U.S. Welfare Plans and any Benefit Plan that provides leave benefits.

Waiver of Conditions; Benefit Maximums. Veoneer nVent shall use commercially reasonable efforts to cause the Veoneer nVent U.S. Welfare Plans and any Welfare Plans that provide leave benefits, as applicable, to: (iA) with respect to initial enrollment as of January 1, 2019, waive (Ai) all limitations as to preexisting conditions, exclusions, and service conditions with respect to participation and coverage requirements applicable to any Veoneer nVent Group Employee or Former Veoneer nVent Group Employee who are U.S. Employees, or any covered dependents thereof, other than limitations that were in effect with respect to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or covered dependent under the applicable Autoliv Pentair U.S. Welfare Plan as of immediately prior to January 1December 31, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established)2018, and (Bii) any waiting period limitation or evidence of insurability requirement applicable to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or any covered dependents thereof, other than limitations or requirements that were in effect with respect to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or covered dependent under the applicable Autoliv Pentair U.S. Welfare Plans as of immediately prior to January 1December 31, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established)2018; and (iiB) take into account with respect to aggregate annual, lifetime, or similar maximum benefits available under the Veoneer nVent U.S. Welfare Plans, such Veoneer nVent Group Employee’s, Former Veoneer nVent Group Employee’s, or any covered dependents’ prior claim experience under the Autoliv Pentair U.S. Welfare Plans and any Benefit Plan that provides leave benefits.

Waiver of Conditions; Benefit Maximums. Veoneer nVent shall use commercially reasonable efforts to cause the Veoneer nVent U.S. Welfare Plans and any Welfare Plans that provide leave benefits, as applicable, to: (iA) with respect to initial enrollment as of January 1, 2019, waive (Ai) all limitations as to preexisting conditions, exclusions, and service conditions with respect to participation and coverage requirements applicable to any Veoneer nVent Group Employee or Former Veoneer nVent Group Employee who are U.S. Employees, or any covered dependents thereof, other than limitations that were in effect with respect to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or covered dependent under the applicable Autoliv Pentair U.S. Welfare Plan as of immediately prior to January 1December 31, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established)2018, and (Bii) any waiting period limitation or evidence of insurability requirement applicable to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or any covered dependents thereof, other than limitations or requirements that were in effect with respect to such Veoneer nVent Group Employee, Former Veoneer nVent Group Employee, or covered dependent under the applicable Autoliv Pentair U.S. Welfare Plans as of immediately prior to January 1December 31, 2019 (or, if earlier, the date on which the applicable Welfare Plan is established); 2018; and (iiB) take into account with respect to aggregate annual, lifetime, or similar maximum benefits available under the Veoneer nVent U.S. Welfare Plans, such Veoneer nVent Group Employee’s, Former Veoneer nVent Group Employee’s, or any covered dependents’ prior claim experience under the Autoliv Pentair U.S. Welfare Plans and any Benefit Plan that provides leave benefits.