Examples of Transferred Pension Participants in a sentence
For the purposes of this Agreement, the Transferred U.S. Participants and Transferred Canadian Participants are hereinafter referred to in the aggregate as the "Transferred Pension Participants." Seller's U.S. Pension Plan and Seller's Canadian Pension Plan shall be referred to jointly as "Seller's Pension Plans", and Oxford's U.S. Pension Plan and Oxford's Canadian Pension Plan shall be referred to jointly as "Oxford's Pension Plans".
As of the Effective Date, Seller shall amend Seller's Pension Plans, if and to the extent necessary, to exclude the Transferred Pension Participants.
The Pension Plan will continue to make all benefit payments to Transferred Pension Participants due under the Pension Plan until the Initial Transfer Date.
FDI flows into the service sector, FDI flows into the manufacturing sector and government expenditures.
After the Initial Transfer Date, the Spin-Off Plan will make all benefit payments to Transferred Pension Participants due under the Pension Plan.
Such offers will include the opportunity to participate in employee benefit plans provided by Employer or Physician Employer or its affiliates to employees at similar hospitals owned or operated by affiliates of Employer or Physician Employer; provided, however, that the Transferred Pension Participants will not be offered the opportunity to participate in a retirement plan of the Employer other than the Spin-Off Plan as long as such employees are accruing benefits under the Spin-Off Plan.
The Spin-Off Plan shall be liable for benefits with respect to service recognized under the Pension Plan prior to the Closing Date solely with respect to Transferred Pension Participants, contingent upon the spin off from the Pension Plan in accordance with this Section 9.1(b).