Workers’ Compensation Matters Sample Clauses

Workers’ Compensation Matters. The Vendor has paid all assessments relating to the Business or the Employees pursuant to worker’s compensation legislation levied by all Governmental Entities and the Vendor has no liability for and there is not pending any state of facts which may result in the levying of a special assessment or a penalty charge of any nature relating to the Business or the Employees with respect to the period prior to the Closing Date. The Vendor has filed on a timely basis all payroll statements and other returns and statements required to be filed pursuant to worker’s compensation legislation applicable to the Vendor as employer of the Employees.
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Workers’ Compensation Matters. Seller and its Affiliates shall retain all liability related to all Workers’ Compensation Claims incurred for all periods prior to the Transfer Time (the “Pre-Transfer Time Workers’ Compensation Claims”) and all receivables relating to such Pre-Transfer Time Workers’ Compensation Claims. Buyers and their respective Affiliates shall be liable for all Workers’ Compensation Claims with respect to the Transferred Employees incurred on or after the Transfer Time. A Workers’ Compensation Claim is deemed to be incurred at the time of the injury, illness or other event that gives rise to a claim for such benefits, provided that, with respect to any Workers’ Compensation Claims that are reported to Seller (or any of its Affiliates) or Buyers (or any of their respective Affiliates) on or after the Transfer Time and that arise out of continuing work place exposures or repetitive injuries or occurrences occurring both before and after the Transfer Time, Buyers shall retain all liability for such Workers’ Compensation Claims. Notwithstanding anything herein to the contrary, Seller shall have the right to administer all Workers’ Compensation Claims for which Seller is liable under this Section 4.12 in accordance with Seller’s workers’ compensation claims administration arrangements which are subject to review and approval by the Parent Insurance carriers prior to the implementation of such claims administration arrangements, and the Pre-Transfer Time Workers’ Compensation Claims shall be otherwise satisfied in accordance with Section 4.7. Seller and Buyers shall use commercially reasonable efforts to effectuate the provisions of this Section 4.12.
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Workers’ Compensation Matters. DHL will pay to ABX the amount of [*] in consideration for ABX’s management of workers’ compensation claims with respect to ABX’s current and former employees, which amount shall be payable in annual instalments due on each Anniversary Date, as follows: Installment Date Installment Amount April 1, 2015 $[*] April 1, 2016 $[*] April 1, 2017 $[*] April 1, 2018 $[*] The instalments will not be subject to escalation pursuant to this Agreement. In the event that this Agreement terminates for any reason prior to the payment of the final instalment on April 1, 2018, including pursuant to Section 4.2, any remaining unpaid instalments will immediately become due and payable to ABX.
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Workers’ Compensation Matters. (a) Schedule 3.22 is a list of all claims over $10,000 for worker's compensation made in writing to the Seller by any employees of the Seller (including dependants and spouses, if applicable) since June 1, 2002.
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Workers’ Compensation Matters. The Company has paid all assessments pursuant to worker’s compensation legislation levied by all Governmental Authorities and, to the Sellers’ Knowledge, the Company doesn’t have any liability for and there is not pending any state of facts which may result in the levying of a special assessment or a penalty charge of any nature with respect to the period prior to the Effective Time. The Company has filed on a timely basis all payroll statements and other returns and statements required to be filed pursuant to applicable worker’s compensation legislation. To its Knowledge, the Company is not liable to indemnify any of its Employees or any governmental body in respect of compensation and/or health-care payable to its Employees pursuant to applicable worker’s compensation legislation. The Company has notified the relevant Governmental Authorities, within the time periods specified by applicable legislation, of all occurrences of accidents for which notification is required by applicable legislation and has provided requisite details thereof. The Buyer has been provided a summary of all outstanding claims made by Employees of the Company to any applicable workers’ compensation board.
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Workers’ Compensation Matters. In addition to the Assumed Liabilities, Purchaser agrees to assume certain responsibilities relating to Seller's worker's compensation claims as set forth herein. Seller has insured the first $100,000.00 of worker's compensation liability and expense relating to each claim and maintains excess coverage applicable to such claims which becomes operative at a higher level, over $100,000.00. Commencing on the Effective Date, Purchaser agrees to bear one-half (1/2) of any uninsured expense or liability relating to Seller's worker's compensation claims up to a maximum total collective exposure on all claims in the amount of $50,000.00 after Closing. Further, Purchaser agrees to administer all of Seller's ongoing worker's compensation claims from the Effective Date forward.
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Workers’ Compensation Matters. As of the Closing, if requested by Buyer, Seller shall assign the workers' compensation insurance policies listed on Schedule 8(k) to the Company and Buyer shall provide replacement collateral relating to such workers' compensation policies that is sufficient to release all collateral of Seller relating to such workers' compensation policies. In the event Buyer does not assume such insurance policies, Buyer shall on or before the Closing Date acquire workers' compensation insurance policies relating to the Company that provide sufficient insurance coverage as required under Applicable Laws.
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Related to Workers’ Compensation Matters

  • Workers’ Compensation Claims In the case of any workers’ compensation claim of any SpinCo Employee or Former SpinCo Employee in respect of his or her employment with the Honeywell Group or the SpinCo Group, such claim shall be covered (a) under the applicable Honeywell Workers’ Compensation Plan if the Workers’ Compensation Event occurred prior to the Distribution, (b) under a workers’ compensation plan of the SpinCo Group (each, a “SpinCo Workers’ Compensation Plan”) for the applicable jurisdiction if the Workers’ Compensation Event occurs on or after the Distribution and the related claim is submitted after the date SpinCo has established a workers’ compensation plan (the “Workers’ Compensation Plan Date”) and (c) under the applicable Honeywell Workers’ Compensation Plan if the Workers’ Compensation Event occurs on or after the Distribution and the related claim is submitted prior to the Workers’ Compensation Plan Date; provided, that, SpinCo shall reimburse Honeywell in accordance with the TSA for Liabilities incurred under clause (c) between the Distribution Date and the applicable Workers’ Compensation Plan Date. If the Workers’ Compensation Event occurs over a period both preceding and following the Distribution, the claim shall be jointly covered under the Honeywell Workers’ Compensation Plan and the SpinCo Workers’ Compensation Plan and shall be equitably apportioned between them based upon the relative periods of time that the Workers’ Compensation Event transpired preceding and following the Distribution; provided, that, if a claim in respect of such Workers’ Compensation Event is submitted prior to the Workers’ Compensation Plan Date, then such claim shall be covered under the Honeywell Workers’ Compensation Plan and SpinCo shall appropriately reimburse Honeywell in accordance with the TSA.

  • Workers’ Compensation Liabilities All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by Cyclerion Employees or Former Cyclerion Employees that result from an accident or from an occupational disease which is incurred or becomes manifest, as the case may be, on or before the Distribution Effective Time and while such individual was employed by Ironwood or an Ironwood Group member shall be retained by Ironwood. Any workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by Cyclerion Employees or Former Cyclerion Employees that result from an accident or from an occupational disease which is incurred or becomes manifest, as the case may be, following the Distribution Effective Time shall be assumed by Cyclerion; provided, however, that to the extent such a Liability is covered under a workers compensation insurance policy of Ironwood or an Ironwood Group member regardless of when the Liability arises, and such Liability is not covered under a workers compensation insurance policy of Cyclerion or a Cyclerion Group member, such Liability shall be retained by Ironwood or an Ironwood Group member to the extent of such coverage; and provided further, however, that to the extent that Ironwood or an Ironwood Group member, as applicable, receives prior to the Distribution Effective Time an invoice for a covered expense with respect to such Liability, Ironwood shall be responsible for paying such invoice and Cyclerion shall reimburse Ironwood for any amount paid by Ironwood. Notwithstanding the foregoing, Cyclerion shall assume worker’s compensation Liabilities to the extent they are imposed on Cyclerion under applicable Law or where the injury or illness related to the Liability is aggravated or subject to further injury after the Distribution Effective Time. A Liability which must be paid due to the existence of a deductible shall not be deemed to be covered by a workers compensation insurance policy for purposes of this Section 4.4. Subject to the foregoing, Cyclerion and each Cyclerion Group member shall also be solely responsible for all workers’ compensation Liabilities relating to, arising out of, or resulting from any claim incurred for a compensable injury sustained by a Cyclerion Employee that results from an accident or from an occupational disease which is incurred or becomes manifest, as the case may be, after the Distribution Effective Time. Ironwood, each Ironwood Group member, Cyclerion and each Cyclerion Group member shall cooperate with respect to processing of claims, any notification to appropriate governmental agencies of the disposition and the issuance of new, or the transfer of existing, workers’ compensation insurance policies and claims handling contracts.

  • Workers’ Compensation and Employer’s Liability or other similar insurance pursuant to all applicable state and local statutes and regulations.

  • Workers’ Compensation and Employer’s Liability The General Partner shall cause to be maintained worker's compensation and employer's liability insurance in favor of the Partnership in an amount equal to the greater of (i) the amount required by the State's laws governing such insurance or (ii) $1,000,000.

  • Workers’ Compensation and Employer’s Liability Insurance (a) Worker's Compensation Insurance as required by any Regulation, and (b) Employer's Liability Insurance in amounts not less than $1,000,000 each accident for bodily injury by accident and for bodily injury by disease, and for each employee for bodily injury by disease.

  • Workers’ Compensation Insurance At all times during the period of construction of the Tenant Improvements, Tenant shall, or shall cause its contractors or subcontractors to, maintain statutory workers’ compensation insurance as required by Applicable Laws.

  • ’ Compensation and Employer’s Liability Insurance Contractor shall comply with Applicable Law with respect to workers’ compensation requirements and other similar requirements where the Work is performed and shall procure and maintain workers’ compensation and employer’s liability policies in accordance with Applicable Law and the requirements of this Agreement. These policies shall include coverage for all states and other applicable jurisdictions, voluntary compensation coverage, and occupational disease. If the Work is to be performed on or near navigable waters, the policies shall include coverage for United States Longshoremen’s and Harbor Workers’ Act, Death on the High Seas Act, the Xxxxx Act, the Outer Continental Shelf Lands Act, and other Applicable Law regarding maritime law. A maritime employer’s liability policy may be used to satisfy applicable parts of this requirement with respect to Work performed on or near navigable waters. If Contractor is not required by Applicable Law to carry workers’ compensation insurance, then Contractor shall provide the types and amounts of insurance which are mutually agreeable to the Parties. Limits: Workers’ Compensation: Statutory Employer’s Liability: U.S.$1,000,000 each accident, U.S.$1,000,000 disease each employee and U.S.$1,000,000 disease policy limit

  • Immigration Matters Borrower has complied with applicable United States immigration law requirements, including without limitation the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (Pub. L. No. 104-193), as such laws apply to Borrower's recruitment of international temporary professional health care service providers.

  • Indemnification; Liability Insurance The Company and Executive shall enter into the Company’s standard form of indemnification agreement governing his conduct as an officer and director of the Company.

  • Employer’s Liability Insurance Occurrence based coverage with a limit of at least $10,000,000 per occurrence or any greater limits set by Applicable Law workplace and work related injuries and illnesses to the employees of a Party. Requires waiver of alternate employer endorsement.

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