ERISA Affiliate Liability definition

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 obligation, Liability, or expense of Sellers or any of its ERISA Affiliates which arises under or relates to any Employee Benefit 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.
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

  • With respect to the Company Employee Benefit Plans, there exists no condition or set of circumstances that could be expected to result in liability under ERISA, the Code or any applicable law or in any ERISA Affiliate Liability.

  • Except for the Company Employee Benefit Plans, neither any Acquired Company nor any ERISA Affiliate has any fixed or contingent liability or ERISA Affiliate Liability with respect to any employee benefit, pension, welfare or other plan or arrangement, whether or not subject to ERISA.

  • Upon information and belief, shortly after they were terminated, Paul Hultgren invited Mr. York over to the Hultgren household.

  • Multiemployer and Multiple Employer Plans; ERISA Affiliate Liability.


More Definitions of ERISA Affiliate Liability

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 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 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 obligation, liability, or expense of any Seller which arises under or relates to any employee benefit plan or arrangement of Seller or its affiliates 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 any Seller’s affiliation with any of any trade or business, whether or not incorporated, that together with the Seller would be deemed a “single employer” within the meaning of Section 4001(b) of ERISA (an “ERISA Affiliate”)or the Purchaser or any of its limited partners being deemed a successor to any ERISA Affiliate of any Seller.
ERISA Affiliate Liability means any obligation, liability, or expense of the Company Group which arises under or relates to (i) any employee benefit plan that is subject to Title IV of ERISA, Section 302 of ERISA, Section 412 of the Code, COBRA or (ii) 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 any AMC’s affiliation with any of its ERISA Affiliates or the Purchasers being deemed a successor to any ERISA Affiliate of AMC (other than the Company Group itself), provided, however, that this term does not include any obligation, liability, or expense that relates to or arises out of obligations with respect to the Specified Multiemployer Plan.
ERISA Affiliate Liability means any actual or contingent obligation, liability or expense of the Seller or any of its ERISA Affiliates under 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 and which relates to having been an ERISA Affiliate or otherwise having been related on such a “controlled group” or similar basis, or successor prior to the Closing Date with respect to any other Person, other than any obligation, liability or expense that solely relates to an Assumed Plan.
ERISA Affiliate Liability means any Liability of any Acquired Company which (a) arises under or relates to any Plan that is subject to Title IV of ERISA, Section 302 of ERISA or Section 412 of the Code, or (b) arises under Title IV of ERISA by reason of such Acquired Company’s affiliation with any of its ERISA Affiliates (other than an Acquired Company) within the past six (6) years.