Common use of COBRA Obligations Clause in Contracts

COBRA Obligations. The Selling Entities shall retain all liabilities, perform all obligations and maintain all insurance under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") with respect to its employees and former employees of the Business and their covered dependents, whether or not such employees accept employment with Buyer.

COBRA Obligations. The Selling Entities Seller shall retain all liabilities, perform all obligations and maintain all insurance under the Consolidated Omnibus Budget Reconciliation Act act of 1985 ("COBRA") with respect to its employees and former employees of the Business and their covered dependents; provided, whether or not such employees accept employment that Purchaser shall perform all of its obligations under COBRA with Buyerrespect to Transferred Employees that become covered by any group health insurance plan of Purchaser.

COBRA Obligations. The Selling Entities Seller shall retain all liabilities, perform all obligations and maintain all insurance under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") with respect to its employees and former employees of the Base Business and their covered dependents, whether or not such employees accept employment with BuyerISO.