Transferred Benefit Plans definition

Transferred Benefit Plans has the meaning set forth in Section 3.21(a).

Transferred Benefit Plans shall have the meaning set forth in Section 7.16.2.

Transferred Benefit Plans has the meaning set forth in Section 1.1(a)(xiv).

Examples of Transferred Benefit Plans in a sentence

• The Buyers (or applicable Affiliate of the Buyers) shall grant all Transferred Individuals credit for any service with the AUC Entities earned prior to the Closing Date for purposes of Cessantia and any other severance rights under applicable employment Laws, as well as vacation accrual and severance arrangements under any Transferred Benefit Plans, or any vacation and severance plans that may be established or maintained by the applicable Buyer or its Affiliates after the Closing Date.

• On and as of the day after the Closing Date, the Transferred Benefit Plans for U.S. Transferred Employees shall continue to be sponsored and maintained by a Transferred Subsidiary, an Indirect Subsidiary, the Buyers or another Affiliate of the Buyers, and Mallinckrodt UK and its Affiliates shall have no further liability or obligation therefor.

• As of the day after the Closing Date, the Buyers shall, or shall cause one of their Affiliates to, have in effect arrangements to provide such benefits in accordance with applicable Law and the Transferred Benefit Plans.

• Such plans are not Transferred Benefit Plans, and neither the Buyers nor any Affiliate of the Buyers shall become the sponsor of any Mallinckrodt Pension Plan by operation of the events contemplated in this Agreement, and all liabilities and obligations related thereto shall be Excluded Liabilities for purposes of this Agreement.

More Definitions of Transferred Benefit Plans

Transferred Benefit Plans means the Retirement Plan and the Deferred Compensation Plan;

Transferred Benefit Plans shall have the meaning given such term in Section 5.05(g).

Transferred Benefit Plans is defined in Section 10.3(a).

Transferred Benefit Plans means the Benefit Plans and associated assets and rights under the plan that are identified on Section 16.01(c) of the Disclosure Schedule.

Transferred Benefit Plans means each Benefit Plan that (i) is sponsored or maintained by any Vantive Group Entity as of the Closing Date or Local Closing Date, as applicable, or (ii) is required to transfer with a Vantive Group Entity by operation of Law.

Transferred Benefit Plans means the Employee Benefit Plans under the Assumed CBA set forth on Schedule

Transferred Benefit Plans has the meaning given in Section 4.6(b). “Transferred Employees” has the meaning given in Section 4.6(b). “Transferred Non-US Benefit Plans” has the meaning given in Section 4.6(a).