COBRA Obligations definition

COBRA Obligations shall have the meaning set forth in Section 6.15(d).

COBRA Obligations is defined in Section 5.22(h).

COBRA Obligations has the meaning set forth in Section 5.6.6.

Examples of COBRA Obligations in a sentence

• Contributor agrees that it shall retain responsibility for COBRA Obligations to all employees and their beneficiaries who are not Transferred Employees for whom a “qualifying event” under COBRA occurs or has occurred.

• If another vehicle is involved make sure you obtain and keep a record of the following information: • The owner's name, address and telephone number • The driver's name, address and driving licence number or other identification • The name of the owner's insurance company • The make, type and registration number of the car.

• Except as provided in the immediately preceding sentence, Sellers shall retain responsibility and liability for COBRA Obligations.

• Seller and Buyer shall reasonably cooperate in good faith to comply with their respective COBRA Obligations hereunder.

• Each Seller may terminate its health plans after expiration of all Continuing Claims and COBRA Obligations.

More Definitions of COBRA Obligations

COBRA Obligations shall have the meaning specified in Section 8.4.5.

COBRA Obligations means any obligation or Liability, whenever arising of the Buyer or any of its Affiliates or any group health plan sponsored, maintained, contributed to, or with respect to which any of such Persons or group health plans have any Liability, related to the Seller’s employees or other service providers including each “M&A Qualified Beneficiary,” and each “Qualified Beneficiary” with respect to any of the foregoing Persons, in connection with their loss of group health plan coverage or any “qualifying event” within the meaning of Treasury Regulation Section 54.4980B-9, Q&A-6(a) with respect to any of the Company Plans including any Liability arising in connection with Treasury Regulation Section 54.4980B-9, Q&A-8(c).

COBRA Obligations has the meaning set forth in Section 3.4. “Committee” has the meaning set forth in Section 5.1(f). “Complete Retreats” has the meaning set forth in the preamble.

COBRA Obligations has the meaning set forth in Section 3.4. “Complete Retreats” has the meaning set forth in the preamble.

COBRA Obligations means all obligations of the Company under Section 601 et seq. of ERISA.

COBRA Obligations shall have the meaning set forth in Section 2.8(c) herein.

COBRA Obligations means the net out-of-pocket cost to Buyer, determined by subtracting the total amount of premium payments received after the Closing by Buyer from the total amount of claims paid by Buyer, in satisfaction of the obligation to former employees of Seller (other than Transferred Employees and their eligible dependents) and formerly-eligible dependents of current or former employees of Seller who became entitled to COBRA coverage prior to the Closing Date to provide health continuation coverage in accordance with the requirements of COBRA.