Seller FSAs definition

Seller FSAs is defined in Section 12.1(e).
Seller FSAs means the spending account component programs that form part of the Seller Flex Plan and that are offered to Employees and former Employees, including the Health Care Reimbursement Account and the Dependent Care Spending Account.
Seller FSAs means the following component programs that are aggregated to form part of the Lend Lease (US) Welfare Benefits Plan and that are offered Transferred Entity Employees and Former Transferred Entity Employees: (i) the Lend Lease Employee Benefit Services, Inc. Premium Payment Plan; (ii) the Lend Lease Employee Benefit Services, Inc. Health Care Spending Account Plan; (iii) the Lend Lease Employee Benefit Services, Inc. Dependent Care Spending Account Plan; and (iv) the Lend Lease Real Estate Investments, Inc. Qualified Transportation Expenses Account Plan. These component programs are referred to as "Benefit Options" under the terms of the Lend Lease (US) Welfare Benefits Plan.

Examples of Seller FSAs in a sentence

  • All Liabilities with respect to Transferred Employees and Bridge Employees under the Seller FSAs shall be Assumed Liabilities, and all other Liabilities under the Seller FSAs shall be Retained Liabilities.

  • Within sixty (60) days after the FSA Transition Date, U.S. Seller shall provide an accounting to U.S. Purchaser of each applicable Employee’s account balance in Seller FSAs, in each case as of the FSA Transition Date.

  • Section 1.1 Seller FSAs..................................................................................................................

  • The Purchaser FSAs shall continue to provide reimbursements to such Employees for the remainder of the year in which the FSA Transition Date occurs in accordance with terms not less favorable than the terms of the corresponding Seller FSAs. U.S. Purchaser and U.S. Seller intend that the actions to be taken pursuant to this Section 9.8 be treated as an assumption by U.S. Purchaser of the portion of Seller FSAs and the elections made thereunder attributable to the participating Employees.


More Definitions of Seller FSAs

Seller FSAs shall have the meaning specified in Section 5.6(c).
Seller FSAs has the meaning set forth in Section 5.5(j).

Related to Seller FSAs

  • Seller has the meaning set forth in the Preamble.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.