Contributions and Premiums Clause Samples
The "Contributions and Premiums" clause defines the obligations of parties to make financial payments, such as contributions or insurance premiums, as required under the agreement. It typically outlines who is responsible for paying, the amounts or calculation methods, and the timing or frequency of these payments. This clause ensures that the necessary funds are provided to maintain coverage, benefits, or services, thereby preventing lapses and allocating financial responsibility clearly between the parties.
Contributions and Premiums. All material contributions, premiums or other payments due from any Co-Borrower or any other member of the Controlled Group to (or under) any Employee Benefit Plan have been fully paid or adequately provided for on the books and financial statements of such Co-Borrower or other member of the Controlled Group.
Contributions and Premiums. Except for those matters that have not had and would not reasonably be expected to have, individually or in the aggregate, a Company ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Adverse Effect, all contributions or premiums required to be made by any Group Company to a Company Group Employee Plan have been made in a timely fashion and in accordance with applicable Law.
Contributions and Premiums. All contributions or insurance premiums required to have been made by the Company or any ERISA Affiliate to any Employee Plan pursuant to Law (including ERISA and the Code) or the terms of such Employee Plan have been made within the time prescribed by Law and the terms of such Employee Plan.
Contributions and Premiums. All material contributions and premium payments that are due with respect to any Benefit Plan prior to the Closing Date, as required by the terms of the applicable Benefit Plan have been made.
Contributions and Premiums. All contributions or premiums required to be made by Holdings or any of its Subsidiaries to a Holdings Employee Plan have been made in a timely fashion and in accordance with applicable Law.
Contributions and Premiums. All contributions, -------------------------- premiums or other payments due from the Borrower or, to the best knowledge of the Borrower, any ERISA Affiliate to (or under) any plan listed in Schedule 5.13 attached hereto have been fully paid or adequately provided for on the books and financial statements of the Borrower or such ERISA Affiliate.