Common use of Benefit Obligations Clause in Contracts

Benefit Obligations. All accrued material obligations for payments to any entity, plan or person with respect to any forms of compensation or benefits for employees of the Company relating to the Operations or any ERISA Affiliate have been paid or are otherwise not the liability of the Buyer unless specifically noted otherwise in this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (U S Aggregates Inc)

Benefit Obligations. All accrued material obligations for payments to any entity, plan or person with respect to any forms of compensation or benefits for employees of any of the Company Sellers relating to the Operations or any ERISA Affiliate have been paid or are otherwise not the liability of the Buyer unless specifically noted otherwise in this AgreementBuyers.

Appears in 1 contract

Sources: Asset Purchase Agreement (U S Aggregates Inc)