Benefit Plan Liabilities definition

Benefit Plan Liabilities has the meaning set forth in Section 2.03(a)(vii).

Benefit Plan Liabilities means all obligations, responsibilities and liabilities under or with respect to the Benefit Plans.

Benefit Plan Liabilities means any and all liabilities or obligations in respect of the participation of Non-Company Group Benefit Plan Participants under each Benefit Plan (including Losses, claims Incurred, and premiums or other contributions payable under the terms of the Benefit Plan), whether or not such liabilities or obligations become due or payable prior to or after the Closing Date.

Examples of Benefit Plan Liabilities in a sentence

• Computation of Defined Benefit and Postretirement Benefit Plan Liabilities The funded status of each defined pension benefit plan, retiree health care and other postretirement benefit plans and postemployment benefit plans is recognized on the Company’s consolidated balance sheet.

• To the extent not attributable to accounts maintained for the Agilent Transferred Employees under the HP Excess Benefit Plan, such HP Excess Benefit Plan Liabilities shall be determined as described in Subsection 3.2(b)(i)(A).

• In addition, Marathon Petroleum shall indemnify, defend and hold Marathon Oil harmless for indemnity obligations created by the ATCA relating to Benefit Plan Liabilities.

• Of this amount, $25,000,000 is an uncommitted facility, which has no expiration date and is due on demand.

• Effective as of the applicable Split Date, the applicable Canadian Pension Plan and other Employee Benefit Plan Liabilities and Assets, shall be transferred in accordance with the procedures set forth in Appendix H.

• On or prior to the Distribution Date, (i) Weyerhaeuser shall transfer the Benefit Plan Assets to Newco (or the appropriate member of the Spinco Group or New Benefit Plan (including any related trust)), and (ii) Newco (or the appropriate member of the Spinco Group or New Benefit Plan (including any related trust)) shall assume the Benefit Plan Liabilities, in each case in accordance with the provisions of Section 6.09 of the Transaction Agreement.

• For the avoidance of doubt, there shall be no liabilities relating to any Seller Employee Benefit Plan listed on the statement of the Estimated Net Working Capital or the Adjustment Statement, there shall be no Closing Working Capital adjustments with respect to the Seller Employee Benefit Plan Liabilities and Seller alone shall be responsible for the payment of the Seller Employee Benefit Plan Liabilities.

• No Undisclosed Employee Benefit Plan Liabilities or Severance Arrangements.................................................16 SECTION 2.12.

• As of the Closing, Seller shall take all such action necessary to assume or retain all liabilities under those Seller Benefit Plans set forth on Schedule 3.11(a) of the Merger Agreement (the "Disclosed Seller Benefit Plans"), including benefits accrued by employees and former employees of the Company under the Disclosed Seller Benefit Plans prior to the Closing, except for any Company Benefit Plan Liabilities (as defined below).

• The Sellers and/or their ERISA Affiliates shall remain liable for all Seller Benefit Plan Liabilities, regardless of when or how any such liability arose, and regardless of whether any such liability may result in or has resulted in a claim upon the Assets.

More Definitions of Benefit Plan Liabilities

Benefit Plan Liabilities has the meaning set forth in Section 6.10(b).

Benefit Plan Liabilities shall have the meaning set forth in Section_2.3(g) hereof.

Benefit Plan Liabilities means any and all Liabilities of the Companies arising from or related to any Company Plans (for the avoidance of doubt, other than Employment Liabilities) and including any Controlled Group Liability.