Responsibility for Group Health Plan Claims Sample Clauses

Responsibility for Group Health Plan Claims. Except as otherwise provided in subsection (e)(iv) hereof, commencing as of the Effective Hire Time, (i) the Sellers shall be solely responsible for any claims for Welfare Benefits that are incurred by or with respect to any Transferred Employee and such Transferred Employee’s covered dependents before the Effective Hire Time; and (ii) Purchaser shall be solely responsible for any such claims for Welfare Benefits that are incurred by or with respect to any Transferred Employee and such Transferred Employee’s covered dependents at or after the Effective Hire Time. For purposes of the foregoing, a medical, dental or vision claim shall be considered incurred when such services are rendered or such supplies or medications are provided, and not when the condition arose.
Sample 1
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Responsibility for Group Health Plan Claims. Except as otherwise provided in subsection (g)(v) hereof, commencing as of the Effective Time, (i) the Sellers shall be solely responsible for any claims for Welfare Benefits that are incurred by or with respect to any Transferred Employee and his or her covered dependents before the Effective Time; and (ii) the Purchaser shall be solely responsible for any claims for Welfare Benefits that are incurred under the Purchaser’s Welfare Plans by or with respect to any Transferred Employee and his or her covered dependents at or after the Effective Time, provided that such claims are eligible for payment under the Purchaser’s Welfare Plans and in the case of any such claims that are not so eligible for payment, neither Purchaser nor Sellers shall have any responsibility. For purposes of the foregoing, a medical, dental or vision claim shall be considered incurred when the services are rendered or the supplies or medications are provided, and not when the condition arose.
Sample 1

Related to Responsibility for Group Health Plan Claims

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  • Allocation of Responsibilities The persons responsible for the Plan and the duties and responsibilities allocated to each are as follows:

  • Company Responsibilities The Company will undertake responsibilities as set forth below:

  • Joint Responsibility If the Seller determines that the Interface Problem is attributable partially to the design of a Warranted Part and partially to the design of any Supplier Part, the Seller will, if so requested by the Buyer, seek a solution to the Interface Problem through cooperative efforts of the Seller and any Supplier involved. The Seller will promptly advise the Buyer of such corrective action as may be proposed by the Seller and any such Supplier. Such proposal will be consistent with any then existing obligations of the Seller hereunder and of any such Supplier towards the Buyer. Such corrective action, unless reasonably rejected by the Buyer, will constitute full satisfaction of any claim the Buyer may have against either the Seller or any such Supplier with respect to such Interface Problem.

  • Program Managers See Section 14.1.

  • Delegation of Responsibilities The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

  • Client Responsibilities During the Term and subject to the provisions of this Schedule, Client shall at its expense (unless otherwise provided for herein) fulfill, or cause to be fulfilled by the Funds or otherwise, the Client obligations, if any, set forth in each Service Exhibit to this Schedule. Client hereby represents, warrants and covenants that the execution and delivery of this Schedule by Client and the performance of Client’s obligations under this Schedule have been duly authorized by all necessary action on the part of Client. Client must comply with the provisions of this Schedule. Client agrees that DST may seek relief from Client for any infringement of this Schedule such as, but not limited to, a material violation, breach, act of negligence or gross negligence, willful misconduct, misfeasance or malfeasance committed by Client or its officers, agents and assigns, in connection with Client’s obligations and responsibilities under this Schedule.

  • Responsibility for Contract Administration The Servicer will have the sole obligation to manage, administer, service and make collections on the Contracts and perform or cause to be performed all contractual and customary undertakings of the holder of the Contracts to the Obligor. The Owner Trustee, at the written request of a Servicing Officer, shall furnish the Servicer with any powers of attorney or other documents necessary or appropriate in the opinion of the Owner Trustee to enable the Servicer to carry out its servicing and administrative duties hereunder. The Servicer is hereby appointed the servicer hereunder until such time as any Service Transfer may be effected under Article VIII.

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