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.