Examples of Plan Implementation Date in a sentence
Stelco shall not, until the Expiration Date, declare or pay any dividends or distributions of any kind on any shares of Stelco or call for redemption or purchase for cancellation or make any capital distribution with respect to any shares of Stelco, save and except for any such payments on any preferred shares of Stelco issued by Stelco after the Plan Implementation Date for fair value and not as part of a dividend on, or any reorganization or reclassification of, any other shares of Stelco.
To the extent that any Allegion Welfare Plan provides HRA benefits (each, an “Allegion HRA”), such Allegion Welfare Plan shall be effective as of the applicable Allegion Welfare Plan Implementation Date.
Pursuant to Section 9.1, at or prior to the Allegion Welfare Plan Implementation Date, Allegion shall, or shall cause another Allegion Entity to, establish and adopt Allegion Welfare Plans which will provide health care flexible spending account or dependent care flexible spending account benefits to Allegion Welfare Plan Participants.
Allegion Welfare Plan Participants shall cease to be eligible for coverage under the IR Welfare Plans on the Allegion Welfare Plan Implementation Date with respect to the specific IR Welfare Plan affected on such date.
The Parties may vary the Allegion Welfare Plan Implementation Date of each Allegion Welfare Plan.