Common use of Benefit Plan Liabilities Clause in Contracts

Benefit Plan Liabilities. Except as set forth in Sections 6.2(e) and 6.2(g) hereof, all Benefit Plan liabilities accrued by Seller with respect to Transferred Employees prior to the Transition Date, and all liabilities for benefits under any Benefit Plan that, on the Transition Date, are incurred but not yet reported, shall be the liability of and paid by Seller in accordance with applicable requirements. A liability under any Benefit Plan shall be deemed to be incurred for purposes of this Section 6.2(d) on the date on which the services or other benefits giving rise to that liability are provided without regard to when any b▇▇▇ or other demand for payment is made. Seller shall not be liable for any liabilities that are incurred, or that relate to any period, on or after the Transition Date.

Benefit Plan Liabilities. Except as set forth in Sections 6.2(e) and 6.2(g) hereof, all Benefit Plan liabilities accrued by Seller with respect to Transferred Employees prior to the Transition Date, and all liabilities for benefits under any Benefit Plan that, on the Transition Date, are incurred but not yet reported, shall be the liability of and paid by Seller in accordance with applicable requirements. A liability under any Benefit Plan shall be deemed to be incurred for purposes of this Section 6.2(d) on the date on which the services or other benefits giving rise to that liability are provided without regard to when any b▇▇▇ bill or other demand for payment is made. Seller shall not be liable for ▇▇▇ any liabilities that are incurred, or that relate to any period, on or after the Transition Date.