Examples of Buyer ERISA Affiliate in a sentence
Each Employee Benefit Plan can be amended or terminated by Buyer or any of Buyer’s subsidiaries at any time (whether before or after the Closing) and without any penalty, liability or expense to Buyer or any of its subsidiaries or Affiliates, any Buyer ERISA Affiliate, Seller or any of its Affiliates, or such Employee Benefit Plan (including, without limitation, any surrender charge, market rate adjustment or other early termination charge or penalty).
Employee Plans is a multiemployer plan, as defined in Section 3(37) of ERISA ("Buyer Multiemployer Plan"), and neither the Buyer or its subsidiaries nor any Buyer ERISA Affiliate has withdrawn in a complete or partial withdrawal from any Buyer Multiemployer Plan, nor has any of them incurred any liability due to the termination or reorganization of a Buyer Multiemployer Plan.
Chronic instability in Somalia and the ongoing civil war in southern Sudan also pose threats to Kenya’s national security”.
Except as set forth on Section 3.18(g) of the Buyer Disclosure Schedule, no Buyer Benefit Plan provides death, medical, dental, vision, life insurance or other welfare benefits beyond termination of service or retirement other than coverage mandated by Law and neither Buyer nor any Buyer ERISA Affiliate has made a written or oral representation promising the same.
None of the Buyer Parties nor any Buyer ERISA Affiliate has, within the six year period prior to the date of this Agreement, ever maintained, established, sponsored, participated in, or contributed to, any U.S. Buyer Benefit and Compensation Arrangement that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA subject to Title IV of ERISA or Section 412 of the Code.