Common use of Primary Obligor Clause in Contracts

Primary Obligor. The obligation to make payments and provide benefits under this section shall primarily be those of the Employee’s Employer as of the date of the Employee’s termination of employment. In the event the Employer is not VIST or the Bank, VIST will cause such Employer to make required payments and provide required benefits. To the extent VIST fails or is unable to do so, it shall make such payments and provide such benefits.