Consolidated Omnibus Budget Reconciliation Act definition

Consolidated Omnibus Budget Reconciliation Act or "COBRA" means continuation coverage as administered under 42 U.S.C. Secs. 300bb-1 through 300bb-8.
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Consolidated Omnibus Budget Reconciliation Act means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.
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Consolidated Omnibus Budget Reconciliation Act or "COBRA" means the federal law administered by a governmental plan under Title XXII of the Public Health Service (PHS) Act, 42 U.S.C. 300bb-1 through 300bb-8.
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Examples of Consolidated Omnibus Budget Reconciliation Act in a sentence

  • COBRA – Consolidated Omnibus Budget Reconciliation Act of 1985, as amended from time to time, and its regulations.

  • In addition, the City shall extend to the City Manager the right to continue health insurance as may be required by and pursuant to the terms and conditions of the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA).

  • Employee may then continue coverage similar to that required by the Consolidated Omnibus Budget Reconciliation Act (COBRA) for either 24 months or through the day after the date on which the employee fails to apply for reemployment in a timely manner; whichever is less (see Reemployment, Section 12.3.4. below).

  • Employer is also responsible for: (1) ensuring the plan administrator or plan sponsor offers continuation coverage as required by the Consolidated Omnibus Budget Reconciliation Act (COBRA) to Eligible Employees, Immediate Family or other dependents as required by federal law; and (2) notifying Triad regarding the extension or continuation of EAP Services to such Eligible Employees, Immediate Family and dependents as required by applicable law.

  • If the Member is eligible for and properly elects continuation coverage in accordance with the applicable provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) and any amendments thereto.


More Definitions of Consolidated Omnibus Budget Reconciliation Act

Consolidated Omnibus Budget Reconciliation Act of 1985 or COBRA ” coverage provided under a right of continuation pursuant to federal law.
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Consolidated Omnibus Budget Reconciliation Act of 1986, as amended.
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Consolidated Omnibus Budget Reconciliation Act. ("COBRA") or any collective bargaining agreement. The Sellers, however, do not assume any liability relating in any way to the Company's employees, former employees, officers or directors hired after the Closing, including liability under any employee benefit plans sponsored by the Buyer or arising under the WARN Act, COBRA or any collective bargaining agreement to which the Buyer is a party to the extent any such liability arises from the Buyer's acts or omissions after the Closing Date. The Sellers shall indemnify the Buyers with respect to WARN Act liabilities arising as a result of the transactions contemplated by this Agreement as provided in SECTION 10.
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Related to Consolidated Omnibus Budget Reconciliation Act

  • Consolidated refers to the consolidation of accounts in accordance with GAAP.

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.