Multiemployer Pension Plan. Seller has never and does not presently contribute to any "multiemployer pension plan" (as defined in section 3(37) of ERISA).
Multiemployer Pension Plan. (a) With respect to the Bay Area Paint Makers and Employers Pension Trust (the "Multiemployer Plan"), Buyer, on the one hand, and Dexter, on the other, intend to satisfy the requirements of Section 4204 of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") to avoid a withdrawal by Dexter as a result of the transactions contemplated hereby from the Multiemployer Plan in respect of the Continued Employees covered by the Multiemployer Plan. In this regard, effective as of the Closing, Buyer shall become a successor employer contributing to the Multiemployer Plan on behalf of the Continued Employees participating therein pursuant to the terms of the applicable collective bargaining agreement and Buyer shall make contributions after the Closing Date to the Multiemployer Plan for substantially the same number of contribution base units (as defined in Section 4001 (a)(11) of ERISA) that Dexter had an obligation to contribute to the Multiemployer Plan.
Multiemployer Pension Plan. (i) Seller and Purchaser intend that the Transactions shall not result in complete or partial withdrawal by Seller or any of its subsidiaries (including the Transferred Entity) from any Business Benefit Plan that is a “multiemployer plan” within the meaning of Section 4001(a)(3) of ERISA (an “MEPP”) and Seller and Purchaser shall reasonably cooperate to prevent the imposition of a withdrawal liability by any MEPP in connection with the Transactions, and, effective as of the Closing Date, Purchaser shall assume Seller’s obligations to make contributions to the MEPP in accordance with the requirements of Section 4204 of ERISA.
Multiemployer Pension Plan. (a) With respect to the Paper Industry Union-Management Pension Fund (the "Eau Claire Union Plan"), Buyer, on the one hand, and Seller and Parent, on the other, intend to satisfy the requirements of Section 4204 of ERISA to avoid a withdrawal by Seller, Parent or their affiliates as a result of the transactions contemplated hereby from the Eau Claire Union Plan in respect of the Employees covered by the Eau Claire Union Plan. In this regard, effective as of 12:01 a.m. on the Closing Date, Buyer shall become a successor employer contributing to the Eau Claire Union Plan on behalf of the Employees participating therein pursuant to the terms of the applicable collective bargaining agreement and Buyer shall make contributions after the Closing Date to the Eau Claire Union Plan for substantially the same number of contribution base units (as defined in Section 4001(a)(11) of ERISA) that Seller or Parent or their affiliates had an obligation to contribute to the Eau Claire Union Plans.
Multiemployer Pension Plan. With respect to the Major League Baseball Players Pension Plan (“MEPPA Plan”), the parties hereto agree to comply with Section 4204 of ERISA as follows:
Multiemployer Pension Plan. With respect to the GCIU – Employer Retirement Fund, Seller shall retain all withdrawal liability (partial or otherwise) arising prior to, or that is otherwise due to, the Closing that relates to the Xxxxxx Midwest Business.
Multiemployer Pension Plan. (a) In addition to its indemnification obligations under Section 7.6 above, Buyer shall cause any property manager retained by Buyer with respect to the Property (“Replacement Manager”) to assume responsibility for, and pay when due, all contributions required to be made to the Multiemployer Pension Plan in accordance with the terms of the Union Agreement on and after the Closing Date, for substantially the same number of contribution base units for which Seller (or Manager) had an obligation to contribute with respect to the Property. For purposes of this Agreement, “
Multiemployer Pension Plan. As Parent and/or RemainCo shall remain the “Employer” for purposes of any CBA that SpinCo does not assume pursuant to Section 2.7, Parent and RemainCo shall be responsible for making all required payments, or causing the RemainCo Group Member to make all such required payments, to all multiemployer pension plans, including but not limited to the AFTRA Retirement Plan, in which a RemainCo Service Provider participates, from and after the Closing, and for paying any withdrawal liability that may arise in the future with respect to any such multiple employer plans. Parent and RemainCo shall indemnify and hold harmless SpinCo from and against any liabilities which may be incurred or suffered (i) under the CBAs arising out of, or relating to, any material violations Parent and/or RemainCo incurred on or after the Closing, (ii) as a result of any withdrawal liability from any such multiple employer plan on or after the consummation of the Transaction.
Multiemployer Pension Plan. 26 business day.............................66
Multiemployer Pension Plan. With respect to the Central States, Southeast and Southwest Areas Pension Fund, the Ohio State Carpenters Pension Plan and any other multiemployer plan (as defined in Section 3(37)(A) of ERISA) to which L-P contributes on behalf of any employees employed in the Weather-Seal Business as of the Closing Date (individually, a "MULTIEMPLOYER PLAN" and collectively, the "MULTIEMPLOYER PLANS"), L-P and WAC intend to satisfy the requirements of Section 4204 of ERISA to avoid a withdrawal by L-P from the Multiemployer Plans as a result of the transactions contemplated in this Agreement in respect of the Weather-Seal Business employees covered by this Agreement and one or more such Multiemployer Plans. In this regard, the following provisions shall apply:
