ERISA Affiliate Liability means any Liability of the Company under or in respect of any employee benefit plan pursuant to any statute or regulation that imposes Liability on a “controlled group” or similar basis, as a result of the Company being treated as a single employer under Sections 414(b), (c), (m) or (o) of the Code or Sections 3(5) or 4001(b)(1) of ERISA, or the regulations promulgated thereunder, with respect to any other Person.
ERISA Affiliate Liability means any liabilities, obligations or responsibilities (whether contingent or otherwise) imposed by law on Avista relating to any Employee Benefit Plan maintained by any trade or business (whether or not incorporated) which are or have been within the last six years under common control with Avista within the meaning of Section 414(b), (c), (m) or (o) of the Code (an “ERISA Affiliate”), including (i) liability to any multiemployer plan contributed to, or obligated to contribute to, by Avista or any of its ERISA Affiliates, including without limitation any liability to the Pension Benefit Guaranty Corporation under Title IV of ERISA and (ii) liability with respect to non-compliance with the notice and benefit continuation requirements of COBRA.
ERISA Affiliate Liability means any Liability, fine, lien or penalty imposed by Title IV of ERISA, any excise tax imposed by Chapter 43 of the Code, or any similar non-U.S. applicable Law with respect to any Company Plan by reason of any of the Group Companies or Nord Capital Companies having been an ERISA Affiliate of any Person prior to the Closing.
Examples of ERISA Affiliate Liability in a sentence
The Transferred Companies and their Subsidiaries do not have any ERISA Affiliate Liability.
To the Knowledge of the Sellers, there is no ERISA Affiliate Liability.
Except as set forth in Section 5.17(e) of the Disclosure Letter, no event has occurred, and to the Knowledge the Seller, no condition exists that could reasonably be expected to result in any ERISA Affiliate Liability.
There is no ERISA Affiliate Liability that could reasonably be expected to be a material liability to the Seller or the Business.
There is no ERISA Affiliate Liability and, to the Knowledge of the Company and the Knowledge of the Seller, no condition exists that could reasonably be expected to result in any ERISA Affiliate Liability.
More Definitions of ERISA Affiliate Liability
ERISA Affiliate Liability means any liability under Title IV of ERISA, Section 302 of ERISA, or Sections 412, 4971 or 4980B of the Code that is imposed on an Acquired Group Company solely as a result of it being an ERISA Affiliate with any other Person.
ERISA Affiliate Liability means any actual or contingent obligation, liability or expense of any of any Acquired Company or ERISA Affiliate or in respect of any employee benefit plan under any statute or regulation that imposes liability on a so-called "controlled group" or similar basis (as used in Sections 52 and 414 of the Code or the Coal Industry Retiree Health Benefit Act of 1992, as amended), including as a result of being an ERISA Affiliate or successor prior to the Closing Date with respect to any other Person.
ERISA Affiliate Liability means any obligation, liability, or expense of the Company or any of its ERISA Affiliates which arises under or relates to any Employee Plan that is subject to (i) Title IV of ERISA, Section 302 of ERISA, Section 412 of the IRC, or (ii) COBRA or any other statute or regulation that imposes liability on a “controlled group” basis pursuant to Section 414(b), (c), (m), or (o) of the IRC or Section 4001(b) of ERISA or similar provision of foreign Law.
ERISA Affiliate Liability means any Losses under or in respect of any Benefit Plan (excluding any Company Benefit Plan that is maintained, or required to be contributed to, by a Company) pursuant to any statute or regulation that imposed liability on a “controlled group” or similar basis (as used in Code Section 414 or Section 4001 of ERISA), as a result of any of the Companies being treated as a single employer under Code Section 414 or Section 4001 of ERISA with respect to any other Person.
ERISA Affiliate Liability means any and all liabilities with respect to the Benefit Plans, other than the Business Employee Plans and the Non-U.S. Business Employee Plans (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under sections 412 and 4971 of the Code and (iv) as a result of a failure to comply with the continuation coverage requirements of section 601 et seq. of ERISA and section 4980B of the Code or similar state law.
ERISA Affiliate Liability means any Liability of any Genesis Company under or in respect of any employee benefit plan pursuant to any statute or regulation that imposes Liability on a “controlled group” or similar basis, as a result of any Genesis Company being treated as a single employer under Sections 414(b), (c), (m) or (o) of the Code or Sections 3(5) or 4001(b)(1) of ERISA, or the regulations promulgated thereunder, with respect to any other Person.
ERISA Affiliate Liability means any liability of the Solo Parties that arises under or relates to any employee benefit plan or arrangement that is subject to Title IV of ERISA, section 302 of ERISA, section 412 of the Code, COBRA, or any other statute or regulation that imposes liability on a so-called “controlled group” basis with or without reference to any provision of section 414 of the Code or section 4001 of ERISA, including by reason of the Solo Parties’ affiliation with any of its ERISA Affiliates or the Buyer being deemed a successor to any ERISA Affiliate of the Solo Parties, which has been maintained, sponsored, or contributed to by any ERISA Affiliate of the Solo Parties, other than any liability (i) with respect to the Exclusive Plans that are expressly assumed by the Buyer pursuant to Section 10(o) of this Agreement, and (ii) expressly assumed by the Buyer with respect to the Multiemployer Plan to which Buyer will become a contributing employer pursuant to Section 10(o) of this Agreement.