group health plans shall have the meaning set forth in Section 5.4(c).
group health plans as set forth in Section 4980B of the Code and Part 6 of Subtitle B of Title I of ERISA with respect to any Parent Benefit Plan to which such continuation coverage requirements apply.
group health plans. With respect to the "group health plan(s)" of Seller, as defined in Section 4980B(g)(2) of the Code, if any, except as set forth in SCHEDULE 5.17:
14.18.1 To the knowledge of Seller and the Shareholders, Seller has complied in all material respects with the continuation health care coverage requirements of Section 4980B of the Code, as such requirements apply with respect to any Employee (or prior employee of Seller) or any "qualified beneficiary" of such employee (as defined in Section 4980B(g)(1) of the Code) on or prior to the Closing Date.
14.18.2 Except as has been previously disclosed to Buyer, Seller does not have any present intention of terminating any group health plan(s) that Seller currently maintains.
14.18.3 To the knowledge of Seller and the Shareholders, Seller is solely responsible for complying with the requirements of Section 4980B of the Code with respect to each Employee (and any qualified beneficiary of such Employee), who does not become an employee of the Buyer effective immediately after the Closing Date, it being the intention of the parties that any group health plan(s) maintained by Buyer shall not constitute a successor plan(s) to Seller's group health plan(s), and that Buyer is not a successor employer with respect to Seller's group health plan(s), nor is Seller a predecessor employer with respect to Buyer's group health plan(s).
More Definitions of group health plans
group health plans means the Holiday Inns, Inc. Life Insurance and Health Care Benefit Plan.
group health plans as set forth in Section 4980B of the Code and Part 6 of Subtitle B of Title I of ERISA (sometimes referred to as "COBRA") with respect to any Employee Plan to which such continuation coverage requirements apply. There has been no material violation of the health insurance obligations imposed by Section 9801 of the Code and Part 7 of Subtitle B of Title I of ERISA (sometimes referred to as "HIPAA") with respect to any Employee Plan which is a "group health plan" (as defined in Section 5000(b)(1) of the Code and Section 706 of ERISA) to which such insurance obligations apply (including the requirement that certificates of creditable coverage be provided to certain employees and their dependents).
group health plans as set forth in Section 4980B of the Code and Part 6 of Subtitle B of Title I of ERISA with respect to any Plan to which such continuation coverage requirements apply. No Plan that provides group health benefits is a self-insured arrangement by any of the Company or its Subsidiaries or funded through a trust.
group health plans means all group health plans, as defined in Section 5000(b)(1) of the Code, that are maintained by Seller.
group health plans. With respect to the "group health plan(s)" of Mountain, as defined in Section 4980B(g)(2) of the Code, if any, except as set forth in SCHEDULE 5.17:
(a) Mountain has complied in all material respects with the continuation health care coverage requirements of Section 4980B of the Code, as such requirements apply with respect to any Employee (or prior employee of Mountain) or any "qualified beneficiary" of such employee (as defined in Section 4980B(g)(1) of the Code) on or prior to the Closing Date.
(b) Except as has been previously disclosed to Buyer, Mountain does not have any present intention of terminating any group health plan(s) that Mountain currently maintains.
(c) Mountain is solely responsible for complying with the requirements of Section 4980B of the Code with respect to each Employee (and any qualified beneficiary of such Employee), who does not become an employee of the Buyer effective immediately after the Closing Date, it being the intention of the parties that any group health plan(s) maintained by Buyer shall not constitute a successor plan(s) to Mountain's group health plan(s), and that Buyer is not a successor employer with respect to Mountain's group health plan(s), nor is Mountain a predecessor employer with respect to Buyer's group health plan(s).
group health plans. With respect to any "welfare plan" (as defined in Section 3(l) of ERISA) which qualifies as a "group health plan" under Section 607(1) of ERISA and Section 4980B of the Code and related regulations (relating to the benefit continuation rights imposed by COBRA), or any applicable equivalent or similar Law of any foreign jurisdiction, there is no material liability of any of the ASIG Entities, such group health plan and the administrator of such group health plan all have complied, in all material respects, with all reporting, disclosure, notice, election and other benefit requirements imposed under COBRA, or any applicable equivalent or similar Law of any foreign jurisdiction, as and when applicable; and none of the ASIG Entities has incurred any direct or indirect material liability, nor are any of the ASIG Entities subject to any loss, assessment, excise tax penalty, loss of federal income tax deduction or other sanction arising on account of or in respect of any direct or indirect failure to comply with such COBRA requirements or any applicable equivalent or similar Law of any foreign jurisdiction.
group health plans of former Section 162(k) of the Code (as in effect for tax years beginning on or before December 31, 1988) and of Section 4980B of the Code (as in effect for tax years beginning on or after January 1, 1989) and Part 6 of Subtitle B of Title I of ERISA.