Common use of COBRA Obligations Clause in Contracts

COBRA Obligations. Notwithstanding anything in this Agreement to the contrary, Sellers shall retain all liabilities, and Buyer shall have no liability, with respect to the provision of notices, election periods and benefits pursuant to section 4980B of the Code or Part 6 of Subtitle B of Title I of ERISA (“COBRA”), to any Business Employees or any other former employees of Sellers or other individuals associated with any Business Employees or any other former employees of Sellers with respect to qualifying events occurring on or before the Closing Date or in connection with the transactions contemplated herein.

COBRA Obligations. Notwithstanding anything in this Agreement to the contrary, Sellers shall retain all liabilities, and Buyer shall have no liability, with respect to the provision of notices, election periods and benefits pursuant to section Section 4980B of the Code or Part 6 of Subtitle B of Title I of ERISA (“COBRA”)ERISA, to any Business Employees employees or any other former employees of Sellers or their Subsidiaries, or other individuals associated with any Business Employees or any other former employees of Sellers such employees, with respect to qualifying events occurring on or before the Closing Date or in connection with the transactions contemplated herein.

COBRA Obligations. Notwithstanding anything to the contrary in this Agreement to the contraryAgreement, Sellers Seller shall retain all liabilities, and Buyer shall have no liability, with respect to the provision of notices, election periods periods, and benefits pursuant to section Section 4980B of the Code or Part 6 of Subtitle B of Title I 1 of ERISA (“COBRA”)ERISA, to any Business Employees or any other former employees of Sellers Seller or other individuals associated with any Business Employees or any other former employees of Sellers Seller with respect to qualifying events occurring on or before the Closing Date or in connection with the transactions contemplated hereinthis transaction.

COBRA Obligations. Notwithstanding anything to the contrary in this Agreement to Agreement, the contrary, Sellers shall retain all liabilitiesLiabilities, and Buyer the Purchaser shall have no liabilityLiability, with respect to the provision of notices, election periods periods, and benefits pursuant to section Section 4980B of the Tax Code or Part 6 of Subtitle B of Title I 1 of ERISA (“COBRA”)ERISA, to any Business Employees or any other former employees Employees of Sellers or other individuals associated with any Business Employees or any other former employees Employees of Sellers with respect to qualifying events occurring on or before the Closing Date or in connection with the transactions contemplated hereinthis transaction.