Replacement Welfare Plans definition

Replacement Welfare Plans has the meaning set forth in Section 6.10(e).
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Replacement Welfare Plans shall have the meaning set forth in Section 7.2(c) hereof.
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Replacement Welfare Plans has the meaning set forth in Section 6.10(e) (86) "Representatives" of a Party means the Party's Affiliates and their directors, officers, employees, agents, partners, advisors (including, without limitation, accountants, counsel, environmental consultants, financial advisors and other authorized representatives) and parents and other controlling persons.
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Examples of Replacement Welfare Plans in a sentence

  • Union Employees shall be eligible to commence participation in welfare benefit plans of Buyer or its Affiliates as may be made available by Buyer (the "Replacement Welfare Plans").

  • As of the Time of Distribution, Retained Employees shall cease to participate in the New Gaylord Welfare Plans and, unless allowed to participate in Parent (or any of its Subsidiaries) welfare plans, shall commence to participate in welfare benefit plans of the Company (the "Replacement Welfare Plans").

  • Each Transferred Employee (other than any Contractor) shall be immediately eligible to participate, without any waiting time, in the Replacement Welfare Plans (to the extent that coverage replaces coverage under a comparable welfare benefit plan of Seller or its Affiliates, in which such Transferred Employee participated immediately before the Hire Date).

  • As of his or her Hire Date, each Transferred Employee shall cease to participate in the Benefit Plans that are employee welfare benefit plans (as such term is defined in ERISA) maintained or sponsored by Seller or its Affiliates (the “ Prior Welfare Plans ”) and shall, if applicable, commence to participate in welfare benefit plans of Purchaser or its Affiliates (the “ Replacement Welfare Plans ”).

  • Union Employees shall be eligible to commence participation in welfare benefit plans of Buyer or 53 its Affiliates as may be made available by Buyer (the "Replacement Welfare Plans").

  • Notwithstanding the above, nothing herein shall prohibit, or be construed to prohibit, Buyer or the Companies from terminating or amending the Replacement Welfare Plans at any time after December 31, 1996 ("Welfare Transfer Date").

  • Effective 12:01 a.m. as of the date a Transferring Employee becomes employed by Buyer (his or her "Hire Date"), he or she shall cease to --------- participate in the employee welfare benefit plans (as such term is defined in ERISA) maintained or sponsored by Seller or its Affiliates (the "Prior Welfare ------------- Plans") and shall, if applicable, commence to participate in welfare benefit ----- plans of Buyer or its Affiliates (the "Replacement Welfare Plans").

  • Unless Buyer otherwise elects by no later than 60 days prior to the Closing Date, from the Closing Date until the Welfare Transfer Date Seller shall administer the Replacement Welfare Plans on behalf of Buyer under terms substantially similar to those applicable to welfare benefit plans then maintained by Seller; provided, however, that the ________ _______ Companies or Buyer may terminate such administration at any time.

  • Such Replacement Welfare Plans may not be amended or terminated, except as may be required by law or to preserve intended tax results, before December 31, 1996.

  • Collectively the Buyer’s Assumed, Joined and Replacement Welfare Plans shall be referred to herein as “Buyer’s Welfare Plans.” Coverage for all Transferred Employees and their respective dependents under the Company Benefit Plans that are not Buyer’s Assumed Welfare Plans or Buyer’s Joined Welfare Plans (the “Seller’s Welfare Plans”) shall cease to be effective as of the Closing Date.


More Definitions of Replacement Welfare Plans

Replacement Welfare Plans shall have the meaning set forth in Section 9.1.
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Replacement Welfare Plans shall have the meaning specified in Section 8.1(h).
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Replacement Welfare Plans has the meaning ascribed to it in Section 9.02(a).
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Related to Replacement Welfare Plans

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

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

  • 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.

  • 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.

  • 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.

  • New Plans has the meaning set forth in Section 5.5(b).

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

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

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Child welfare services means social services including

  • 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.

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

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • As built plans means drawings depicting conditions as they were actually constructed.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

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

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

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

  • Qualified Plans has the meaning set forth in Section 5.20.

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

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Old Plans has the meaning set forth in Section 6.8(b).

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).