Consolidated Omnibus Budget Reconciliation Act of 1985 definition

Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means coverage provided under a right of continuation pursuant to federal law.
Sample 1Sample 2Sample 3
Consolidated Omnibus Budget Reconciliation Act of 1985 or "COBRA" means coverage provided under a right of continuation accord- ing to federal law.
Sample 1Sample 2Sample 3
Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means the federal law by which an employee and dependents may continue to receive medical benefits available under the terms of the Plan after they no longer satisfy the Plan’s eligibility requirements, provided that they would lose coverage.
Sample 1Sample 2

Examples of Consolidated Omnibus Budget Reconciliation Act of 1985 in a sentence

  • No Employee Benefit Plan provides or promises, or at any time provided or promised, retiree health, life insurance, or other retiree welfare benefits except as may be required by the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or similar state law.

  • The Company shall notify Executive of any right to continue group health plan coverage sponsored by the Company or an affiliate of the Company immediately prior to Executive’s date of termination pursuant to the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”).

  • For purposes of this Agreement, “COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • The Company has made no promises (whether through an employee benefit plan or otherwise) to provide medical, life or disability benefits for periods after an employee’s termination of employment or a director’s, independent contractor’s or consultant’s end of service to the Company, except as required by the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”).

  • If a Participant incurs a Covered Termination and the Participant was enrolled in a health, dental, or vision plan sponsored by the Company immediately prior to such Covered Termination, the Participant may be eligible to continue coverage under such health, dental, or vision plan (or to convert to an individual policy), at the time of the Participant’s termination of employment, under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”).

  • Basic Group medical coverage provided during such period shall be applied against ARAMARK's obligation to continue group medical coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA").

  • The Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • The coverage provided hereunder shall be applied toward the satisfaction of, and shall not supplement, the Executive’s right to continued coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar state law.

  • The Executive shall also be entitled to any benefits mandated under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) or required under the terms of any death, insurance, or retirement plan, program, or agreement provided by the Employer and to which the Executive is a party or in which the Executive is a participant, including, but not limited to, any short-term or long-term disability plan or program, if applicable.

  • In the event that the Executive’s employment with the Company is terminated for any reason, the Executive shall have the right to receive (i) the compensation and reimbursable expenses then accrued and/or earned and unpaid under Sections 4.1 and 5 of this Agreement through the date of termination, (ii) payment for unused vacation days accrued through the date of termination and (iii) any benefits required by the Consolidated Omnibus Budget Reconciliation Act of 1985.


More Definitions of Consolidated Omnibus Budget Reconciliation Act of 1985

Consolidated Omnibus Budget Reconciliation Act of 1985 as amended ("COBRA"), with respect to any "qualifying event" (as defined in Section 4980B(f)(3) of the Code) under any Classifieds2000 Employee Plan occurring prior to and including the Closing Date, except where the failure to do so would not result in a material liability to Classifieds2000 and no material Tax payable on account of Section 4980B of the Code has been incurred with respect to any current or former employees (or their beneficiaries) of Classifieds2000.
Sample 1
Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means coverage pro- vided under a right of continuation pursuant to federal law.
Sample 1
Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means, for the purposes of this regulation, coverage provided under a right of continuation pursuant to federal law.
Sample 1

Related to Consolidated Omnibus Budget Reconciliation Act of 1985

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • Health Insurance Portability and Accountability Act means the Health Insurance Portability and Accountability Act of 1996, Pub. L. No. 104-191, 110 Stat. 1936, as amended.

  • omnibus Instrument" means the Omnibus Instrument in which this Coordination Agreement is included as Section H.

  • Social Security Act means the Social Security Act of 1965.

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • Auditing Profession Act ’ means the Auditing Profession Act, 2005 (Act No. 26 of 2005);

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Rail Safety Act means the Rail Safety Act 1998 (WA);

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.

  • Federal Clean Air Act means Chapter 85 (§ 7401 et seq.) of Title 42 of the United States Code.

  • Clean air standards, as used in this clause, means:

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • Fair Housing Act means the Fair Housing Act, as amended.

  • Act of 1997 means the Taxes Consolidation Act 1997;

  • CER Act means the Canadian Energy Regulator Act (Canada), and regulations thereunder, all as amended or replaced from time to time.

  • Medical leave means leave of up to a total of 12 workweeks in a 12-month period because of an employee’s own serious health condition that makes the employee unable to work at all or unable to perform any one or more of the essential functions of the position of that employee. The term “essential functions” is defined in Government Code section 12926. “Medical leave” does not include leave taken for an employee’s pregnancy disability, as defined in (n) below, except as specified below in section 11093(c)(1).

  • Act of 1999 means the Electricity Regulation Act 1999;

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Affordable Care Act means, collectively, the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010.