Purchaser Welfare Plan definition

Purchaser Welfare Plan has the meaning set forth in Section 7.4(d).
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Purchaser Welfare Plan shall have the meaning set forth in Section 4.14(b).
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Purchaser Welfare Plan shall have the meaning set forth in Section 4.14(b). “Registered” means issued by, registered with, renewed by, or the subject of, a pending application before any Governmental Entity or Internet domain name registrar.
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Examples of Purchaser Welfare Plan in a sentence

  • Transferred Employees shall also be given credit for amounts paid under a Benefit Plan or otherwise during the same period for purposes of applying deductibles, copayments and out-of-pocket maximums as though such amounts had been paid in accordance with the terms and conditions of a comparable Purchaser Welfare Plan.

  • As the Specialty Retail land use (LUC 826) does not have an adequate Saturday Peak Hour trip generation rate due a limited survey size, the adopted rate of 5.18 was derived by extrapolation using the Saturday Total Trip generation rate (42.04) in conjunction with the Weekday Total Trip generation rate (44.04) and the AM Peak Hour of Generator rate (5.43).

  • Any restrictions on coverage for preexisting conditions or requirements for evidence of insurability under the Purchaser Welfare Plan shall be waived for the Employees, and the Employees shall receive credit under the Purchaser Welfare Plan for co-payments and payments under a deductible limit made by them and for out-of-pocket maximums applicable to them during the plan year of the Company Welfare Plan in accordance with the corresponding Company Welfare Plan.

  • Purchaser shall have the Liability and responsibility for payment of all Liabilities, obligations, losses and claims under any applicable Purchaser Welfare Plan incurred by any Hired Employee (or any dependent or beneficiary of any Hired Employee) on or after that Hired Employee’s Hire Date, and Seller shall not assume any Liability or responsibility with respect to such Liabilities, obligations, losses or claims.

  • For purposes of determining eligibility to participate in each Purchaser Welfare Plan, each Transferred Employee shall be credited with service, determined under the terms of the corresponding welfare plans maintained by Sellers on the Closing Date (hereinafter referred to collectively as the "Seller Welfare Plans").

  • The benefits provided to Division Employees under each Purchaser Welfare Plan shall not be deemed to be continuations of or successors to any Seller Welfare Plan.

  • Any restrictions on coverage for preexisting conditions or requirements for evidence of insurability under the Purchaser Welfare Plan shall be waived for the Employees, and the Employees shall receive credit under the Purchaser Welfare Plan for co-payments and payments under a deductible limit made by them and for out-of-pocket maximums applicable to them during the plan year of the Company and Subsidiary Welfare Plan in accordance with the corresponding Company and Subsidiary Welfare Plan.

  • In the event a New Employee fails to enroll in any such Purchaser Welfare Plan during such special enrollment period, such New Employee shall be eligible to enroll in the Purchaser’s Welfare Plans pursuant to and in accordance with the terms and conditions of such plans applicable to other employees of Purchaser.


More Definitions of Purchaser Welfare Plan

Purchaser Welfare Plan has the meaning set forth in Section 8.2(c)(ii).
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Related to Purchaser Welfare Plan

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Child welfare agency means a child-placing agency, child-caring institution or independent foster

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Child welfare services means social services including

  • Company Plans shall have the meaning set forth in Section 3.14(a).

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.