Pensions arrangements disclosed Sample Clauses

Pensions arrangements disclosed. Save under the Pension Schemes and the state pension schemes (together, the "BENEFIT SCHEMES"), the Target Group Company is under no obligation to provide any Applicable Benefit to or in respect of any employee or former employee of the Target Group Company or its subsidiaries (a "RELEVANT EMPLOYEE") or for any widow, widower, spouse, child or dependant of any Relevant Employee. For the purposes of this paragraph 19, "
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Pensions arrangements disclosed. Save under the Disclosed Scheme and the state pension schemes, the 401(k) schemes in the US and the personal pensions in Australia, the Company is not under any obligation or commitment, nor is the Company a party to any custom or practice, to pay, provide, administer or contribute towards any relevant benefits within the meaning of section 612 of the Income and Corporation Taxes Act 1988 (ignoring the exception contained in that section), including the making of any payment of contributions to, or remuneration specifically referable to contributions to, any personal pension scheme, stakeholder pension scheme, retirement annuity contract or similar arrangement (“Relevant Benefits”) to or in respect of any person and nothing has been done to create a reasonable expectation that any such payments, provision or contributions will be made. The Company has not at any time participated in or contributed towards any scheme or arrangement which has as its purpose or one of its purposes the provision of Relevant Benefits (other than as noted above and schemes which have been fully wound up).
Pensions arrangements disclosed. Save under the arrangements disclosed at paragraph 19 of the Disclosure Letter (the “Disclosed Schemes”) and the state pension schemes, the Group is under no obligation to provide any pension or lump sum on retirement or on death, or in anticipation of retirement or, in connection with past service, after retirement or death (“Pension Benefits”) to or in respect of any employee or former employee.
Pensions arrangements disclosed. Save under the group personal pension scheme with Scottish Widows (the “Disclosed Scheme”) and the state pension schemes, the Company has no obligation or commitment to pay, provide or contribute towards any relevant benefits within the meaning of section 393B of the Income Tax (Earnings and Pxxxxxxx) Xxx 0000 (ignoring the exception contained in that section), including the making of any payment of contributions to or remuneration specifically referable to contributions to any personal pension scheme, stakeholder pension scheme, retirement annuity contract or similar arrangement (“Relevant Benefits”) to or in respect of any person. The Company has not at any time participated in or contributed towards any former scheme or arrangement (“Former Scheme”) which has as its purpose or one of its purposes the provision of Relevant Benefits (other than schemes which have been fully wound up).
Pensions arrangements disclosed. 21.1.1 The Pension Arrangements are the only arrangements made or provided by the Company for the purpose of providing Benefits for Employees.
Pensions arrangements disclosed. Save for the state pension schemes, the Disclosed Scheme is the only arrangement under which the Company provides or is liable to provide relevant benefits (as defined in section 393B of the Income Tax (Earnings and Pensions) Act 2003 in respect of any Employee.
Pensions arrangements disclosed. 12.2.1 Save under the Aviva Workplace Pension Scheme (the “Disclosed Schemes”), full details of which have been Disclosed, and the state pension schemes, the Company is not under obligation or commitment (whether legally binding on not), nor is the Company a party to any custom or practice, to pay, provide or contribute towards any arrangement under which relevant benefits within the meaning of section 393B of the Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (ignoring the exception contained in that section) except that it shall include the benefits specified in section 393B(2)) are payable, including the making of any payment of contributions to or remuneration specifically referable to contributions to any personal pension scheme, stakeholder pension scheme, retirement annuity contract or similar arrangement to or in respect of any person and nothing has been done to create a reasonable expectation that any such payments, provision or contributions will be made. No proposal or announcement has been made about the introduction, continuance, increase or improvement of, or payment of a contribution towards any such schemes, annuity contracts or similar arrangements.
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Related to Pensions arrangements disclosed

  • Business Arrangements Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, neither the Company nor any of its subsidiaries has granted rights to develop, manufacture, produce, assemble, distribute, license, market or sell its products to any other person and is not bound by any agreement that affects the exclusive right of the Company or such subsidiary to develop, manufacture, produce, assemble, distribute, license, market or sell its products.

  • Certain Contracts and Arrangements Except as set forth in Section 2.9 of the Disclosure Schedule (with true and correct copies delivered to the Investor), the Company is not a party or subject to or bound by:

  • Effect on Other Bank Benefit Plans Nothing contained in this Executive Plan shall affect the right of the Executive to participate in or be covered by any qualified or non-qualified pension, profit-sharing, group, bonus or other supplemental compensation or fringe benefit plan constituting a part of the Bank's existing or future compensation structure.

  • Certain Arrangements The Company will not consummate or permit to occur any Section 13 Event unless (A) the Principal Party has a sufficient number of authorized, unissued and unreserved Common Shares to permit the exercise in full of the Rights in accordance with this Section 13 and (B) prior thereto the Company and the Principal Party have executed and delivered to the Rights Agent a supplemental agreement confirming that (1) the requirements of this Section 13 will be promptly performed in accordance with their terms, (2) the Principal Party will, upon consummation of such Section 13 Event, assume this Plan in accordance with Section 13(a) and Section 13(b), (3) such Section 13 Event will not result in a default by the Principal Party pursuant to this Plan (as it has been assumed by the Principal Party) and (4) the Principal Party, as soon as practicable after the date of such Section 13 Event and at its own expense, will:

  • Financial Arrangements 18. The Commonwealth will provide an estimated total financial contribution to the States of $54.928 million in respect of this Agreement. All payments are GST exclusive.

  • PENSIONS AND ANNUITIES 1. Subject to the provisions of paragraph 2 of Article 19, pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment and any annuity paid to such a resident shall be taxable only in that State.

  • Certain ERISA Matters (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

  • Absence of Changes in Benefit Plans From the date of the most recent audited financial statements included in the Parent SEC Documents to the date of this Agreement, there has not been any adoption or amendment in any material respect by Parent of any collective bargaining agreement or any bonus, pension, profit sharing, deferred compensation, incentive compensation, stock ownership, stock purchase, stock option, phantom stock, retirement, vacation, severance, disability, death benefit, hospitalization, medical or other plan, arrangement or understanding (whether or not legally binding) providing benefits to any current or former employee, officer or director of Parent (collectively, “Parent Benefit Plans”). As of the date of this Agreement there are not any employment, consulting, indemnification, severance or termination agreements or arrangements between the Parent and any current or former employee, officer or director of the Parent, nor does the Parent have any general severance plan or policy.

  • Tax Arrangements 47.1 Where the Contractor is liable to be taxed in the UK in respect of consideration received under this contract, it shall at all times comply with the Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (ITEPA) and all other statutes and regulations relating to income tax in respect of that consideration.

  • Effect on Other Employee Benefit Plans The value of the Award subject to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating benefits under any employee benefit plan (other than the Plan) sponsored by the Company or any Affiliate except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any or all of the employee benefit plans of the Company or any Affiliate.

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