Benefit Transition Period definition

Benefit Transition Period shall have the meaning ascribed to such term in section 2.03(c)(iii)(2)(A) hereof.
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Benefit Transition Period means, in the event the Distribution Date occurs before the Benefit Transition Date, the period that begins on the Distribution Date and ends on the Benefit Transition Date.
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Benefit Transition Period means the period beginning Immediately after the Closing Date until 11:59 P.M., Eastern Time, May 31, 2004, unless the parties mutually agree otherwise.
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Examples of Benefit Transition Period in a sentence

  • Linens shall pay the claim and claims processing cost of such services during the Benefit Transition Period (including claims runout in respect of claims incurred both before and after the Initial Public Offering Date) and shall directly fund all medical and dental claims through a bank account set up solely for such purposes.

  • In the event the Distribution Date occurs prior to the Benefit Transition Date, TRW and TRW Automotive shall take such action as is necessary for TRW Automotive to participate in the TRW SSP with respect to TRW Automotive Participants during the Benefit Transition Period; provided that for TRW Automotive Participants, the TRW Stock Fund option shall be a “sell-only” option and shall not be available for any new contributions or transfers from other investment options during the Benefit Transition Period.

  • During the Benefit Transition Period, matching contributions with respect to TRW Automotive Participants shall be made in cash only and TRW Automotive Participants shall not be permitted to purchase interests in the TRW Stock Fund.

  • TRW Automotive shall reimburse TRW for the costs of any benefit payments made under the TRW Non-Qualified Plans with respect to TRW Automotive Participants during the Benefit Transition Period.

  • Linens and its Affiliates shall assume as of the end of the Benefit Transition Period all obligations to provide coverage and benefits for Transferred Employees and former employees of the Linens Business and their qualified beneficiaries under the Title X of the Consolidated Omnibus Budget Reconciliation Act of 1985 and Section 4980B of the Code.

  • From Immediately after the Closing Date through the Benefit Transition Period, Radiant and Enterprise and their duly authorized representatives shall have the right to conduct joint audits with respect to any vendor contracts that relate to both the Radiant Plans and the Enterprise Plans.

  • In the event the Distribution Date occurs prior to the Benefit Transition Date, TRW and TRW Automotive shall take such action as is necessary for TRW Automotive to participate in the TRW Welfare Plans with respect to TRW Automotive Participants during the Benefit Transition Period.

  • Radiant shall continue as the, and shall have all the rights, duties and responsibilities of, plan sponsor of each Radiant Plan described in Section 2.2(a) and shall administer, or cause to be administered, each such plan in accordance with its terms and applicable law during the Benefit Transition Period while Enterprise and its Subsidiaries continue to participate in such plan.

  • As soon as practicable after the last day of the Retirement Benefit Transition Period, the Acquired Companies' current and former employees' vested and nonvested account balances (including earnings through the date of transfer) under the Parent's 401(k) Plans shall be transferred to one or more tax-qualified defined contribution plans specified by the Company, in accordance with the requirements of Code Section 414(l) and Title I of ERISA.

  • Notwithstanding the foregoing provisions of this Paragraph 6, if the Committee shall at any time determine that it is impracticable to apply the foregoing methods of determining Fair Market Value, the Committee is empowered to adopt other reasonable methods for such purpose.


More Definitions of Benefit Transition Period

Benefit Transition Period shall have the meaning set forth in Section 5.3(h).
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Benefit Transition Period. Section 9.2 "Books and Records" Section 6.10(b) "Budget" Section 4.3(b)(i) "Buyer" Preamble "Buyer's Closed Store Damages" Section 6.17.2 "Buyer's Deemed Sales Price Notice" Section 6.7(g) "Cash Management Program" Section 4.3(b)(iv) "Cash Price Adjustment" Section 3.4(b) "Cash Purchase Price" Section 3.1 "Closing" Section 3.2 "Closing Agreements" Section 7.2 "Closing Balance Sheet" Section 3.4(a) "Closing Date" Section 3.2 "Commitment Letter" Section 5.6 "Company" Recitals "Company Net Assets" Section 3.4(a) "Company Net Assets Statement" Section 3.4(a) "Company Plan" Section 9.1(c) "Confidentiality Agreement" Section 6.3 "Consent" Section 6.18 "Contracts" Section 4.8 "Coopers" Section 3.4(a) "Coopers Report" Section 3.4(a) "Delivered Lease" Section 6.18 "DOL" Section 4.14(a) "Employee" Section 9.1(a) "Environmental Condition" Section 10.8 "Equipment" Section 4.8(f) "Estimated Cash Purchase Price" Section 3.1 "Estimated Purchase Price" Section 3.1 "Eviction" Section 6.18 "Financial Statements" Sections 4.2.1(a) & 6.2 "Former Employee" Section 9.1(b) "General Survival Period" Section 10.2 "Goldman" Section 5.7 "HSR Xxx" Section 4.1.4 "Indemnifying Party" Section 10.1 "Indemnitee" Section 10.1 "Insurance Policies" Section 4.9 "Intangibles" Section 4.6 "Interim Balance Sheet" Section 4.2.1(b) "Interim Financials" Sections 4.2.1(b) & 6.2 "Inventory Firm"
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Benefit Transition Period. Section 9.2 "Books and Records" Section 6.10(b) "Budget" Section 4.3(b)(i) "Buyer" Preamble "Buyer's Closed Store Damages" Section 6.17.2 "Buyer's Deemed Sales Price Notice" Section 6.7(g) "Cash Management Program" Section 4.3(b)(iv) "Cash Price Adjustment" Section 3.4(b) "Cash Purchase Price" Section 3.1 "Closing" Section 3.2 "Closing Agreements" Section 7.2 "Closing Balance Sheet" Section 3.4(a) "Closing Date" Section 3.2 "Commitment Letter" Section 5.6 "Company" Recitals "Company Net Assets" Section 3.4(a) "Company Net Assets Statement" Section 3.4(a) "Company Plan" Section 9.1(c) "Confidentiality Agreement" Section 6.3 "Consent" Section 6.18 "Contracts" Section 4.8 "Coopers" Section 3.4(a) "Coopers Report" Section 3.4(a) "Delivered Lease" Section 6.18 "DOL" Section 4.14(a) "Employee" Section 9.1(a) "Environmental Condition" Section 10.8
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Related to Benefit Transition Period

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Extended benefit period means a period which:

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Pre-Distribution Period means any Taxable period (or portion thereof) ending on or before the Distribution Date.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Acquisition Period means the period ending five (5) business days prior to

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • SOFR Benchmark Transition Event means the occurrence of a Benchmark Transition Event with respect to the then-current Benchmark;

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.