Applicable Transfer Date definition

Applicable Transfer Date means the date on which a Delayed Transfer Employee actually commences employment with the TimkenSteel Group or the Bearings Group (as applicable).

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Applicable Transfer Date means the date on which a Delayed Transfer Employee actually commences employment with the Labcorp Group or the Fortrea Group (as applicable).

Applicable Transfer Date means the Closing Date; provided that, for any Business Employee whose employment transfers to Buyer or its Affiliate after the Closing Date in accordance with Section 6.01, “Applicable Transfer Date” means the date of such transfer.

Examples of Applicable Transfer Date in a sentence

• Notwithstanding the foregoing, for purposes of this Article X only, if an individual is a Delayed Transfer Employee, such individual will not be considered to have terminated on his or her Applicable Transfer Date.

• Notwithstanding anything herein to the contrary, no employee will be considered a Delayed Transfer Employee unless the mutual agreement with respect to, and Applicable Transfer Date of, any Delayed Transfer Employee occurs on or before the date that is 6 months after the Distribution Date.

• Timken, the Bearings Group, or a Split Welfare Plan will remain solely responsible for compliance with COBRA before, on and after the Distribution Date or Applicable Transfer Date for Bearings Employees, Former Bearings Business Employees and their “qualified beneficiaries”; provided, however, that TimkenSteel or a member of the TimkenSteel Group will be responsible for furnishing any election notice required under COBRA to any Bearings Transferee.

• Each TimkenSteel Spinoff DC Plan will assume liability for all benefits accrued or earned (whether or not vested) by TimkenSteel Employees and Former TimkenSteel Business Employees under the corresponding Split DC Plan as of the Distribution Date or Applicable Transfer Date.

• Notwithstanding the foregoing, for purposes of this Article X only, if an individual is a Delayed Transfer Employee, such individual will not be considered to have terminated on his or her Applicable Transfer Date, provided such treatment does not result in adverse Tax consequences under Code Section 409A.

More Definitions of Applicable Transfer Date

Applicable Transfer Date means the date on which a Delayed Transfer Employee actually commences employment with the ConAgra Group or the LW Group (as applicable).

Applicable Transfer Date means, with respect to an SBCL Site, the Transfer Date of the Region in which the SBCL Site is located.

Applicable Transfer Date means the date on which a Delayed Transfer Employee actually commences employment with the Horizon Group or the TriMas Group (as applicable).

Applicable Transfer Date means the date of such transfer.

Applicable Transfer Date means the date on which a Delayed Transfer Employee actually commences employment with the Manitowoc Foodservice Group or the Manitowoc ParentCo Group (as applicable).

Applicable Transfer Date means (a) with respect to a ▇▇▇▇▇ ▇▇▇▇▇▇ Business Employee who receives a ▇▇▇▇▇ ▇▇▇▇▇▇ Qualifying Offer, the date on which that ▇▇▇▇▇ ▇▇▇▇▇▇ Business Employee becomes employed by the Company and ceases to provide any such employee’s services to the Company pursuant to the ▇▇▇▇▇ ▇▇▇▇▇▇ Employee Services Agreement, and (b) with respect to a Partner Business Employee who receives a Partner Qualifying Offer, the date on which such employee becomes employed by the Company.

Applicable Transfer Date means (a) with respect to a Baker Hughes Business Employee who receives a Baker Hughes Qualifying Offer, the date on which that Baker Hughes Business Employee becomes employed by the Company and ceases to provide any such employee’s services to the Company pursuant to the Baker Hughes Employee Services Agreement, and (b) with respect to a Partner Business Employee who receives a Partner Qualifying Offer, the date on which such employee becomes employed by the Company.