Seller Health Plans definition

Seller Health Plans means any medical, dental, health or hospitalization plan maintained by a Seller or any Affiliate of a Seller with respect to all or any portion of the Xxxxxxx Polymer Employees, the Current Waxdale Employees, or any Subsidiary Employees.
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Seller Health Plans. Section 5.8(a)(ii) "Seller Life Plan" Section 5.8(a)(iii) "Sept. 30 Balance Sheet" Section 2.8(a) "Shares" Recitals "Software" Section 2.1(a) "Statement of Objections" Section 2.8(d) "Stock Purchase" Section 2.2 "Subsidiary" Section 9.1(a) "Tax" Section 8.3(b) "Tax Package" Section 8.4(e) "Tax Returns" Section 2.3(e) "Trade Secrets"
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Seller Health Plans. Section 5.8(a)(ii)
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Examples of Seller Health Plans in a sentence

  • Transferred U.S. Employees and their respective qualifying dependents who are covered under Seller Health Plans as of the Closing shall be eligible to participate in Buyer’s health care plans as of the date of the commencement of such Transferred U.S. Employee’s employment with Buyer.

  • Buyer shall cause the group health plan maintained by it or its Affiliates to (i) waive any waiting periods, evidence of insurability requirements or preexisting condition limitations and (ii) honor any deductible, co-payment and out-of-pocket expenses incurred by the employees and their beneficiaries under the Seller Health Plans during the portion of 1999 preceding the Closing.

  • The semantics of epistemically modalized utterances, which is context-dependent, is still un- der debate.

  • Buyer shall take all actions necessary to reflect the election of COBRA continuation coverage under the Seller Health Plans effective on the day after the Closing Date, including by executing the COBRA election in the form attached to Schedule 8.14(c).

  • It is understood and agreed that Buyer shall be responsible for paying the Employer Portion for each COBRA Employee for so long as such COBRA Employee participates in the Seller Health Plans, including in the event that any COBRA Employee leaves the employ of Buyer or the Company, and that the amounts for the Employer Portion set forth in the immediately preceding sentence shall be reduced only to the extent a COBRA Employee elects to cease participation in the Seller Health Plans.

  • Seller shall permit the employees of the Company listed in Schedule 8.14(c) (the "COBRA Employees") to participate in Seller's Medical, Dental and Vision health insurance plans (the "Seller Health Plans") through December 31, 2004 in accordance with the health insurance continuation rights provisions of the Consolidated Omnibus Budget Reconciliation Act.

  • VBPL shall take all such action as is necessary or appropriate in order to ensure that employees of ZDUK who accept employment with VBPL and their spouses and dependent children covered by the group health plans sponsored by ZDUK (the "Seller Health Plans") as of the Effective Date become eligible for coverage under a substantially comparable group health plan maintained by VBPL effective immediately after Completion.

  • This change reflects the association’s growth and evolving membership as well as its commitment to innovation, competition, and the future.

  • In the event that any Loan Party acquires fee title to a Real Property during the term of this Agreement, the Borrower shall promptly provide the Administrative Agent with written notice of the same.

  • Buyer agrees to cause each of the COBRA Employees (regardless of whether they remain employed with the Company or Buyer following the Closing Date) and their beneficiaries to cease coverage under the Seller Health Plans on or prior to December 31, 2004.


More Definitions of Seller Health Plans

Seller Health Plans has the meaning set forth in Section 12(b)(iii) of the Agreement.
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Related to Seller Health Plans

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Managed Care Plans means all health maintenance organizations, preferred provider organizations, individual practice associations, competitive medical plans and similar arrangements.

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Seller Plan means any Employee Benefit Plan that is maintained or sponsored by the Seller or any Subsidiaries of the Seller (other than the Companies and their Subsidiaries) for the benefit of any current or former NewCo Employee.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

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

  • Transferred Employees has the meaning set forth in Section 6.4(a).

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

  • 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.

  • Health plan or "health benefit plan" means any policy,

  • 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.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • State health plan means the employee and retiree insurance program provided for in Article 5, Chapter 11, Title 1.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Group health plan means an employee welfare benefit plan as defined in section 3(1) of subtitle A of title I of the employee retirement income security act of 1974, Public Law 93-406, 29 USC 1002, to the extent that the plan provides medical care, including items and services paid for as medical care to employees or their dependents as defined under the terms of the plan directly or through insurance, reimbursement, or otherwise.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

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

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Managed care plan means a health benefit plan that either requires a covered person to use, or

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

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

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