Common use of Retiree Benefits Clause in Contracts

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) obligations under COBRA.

Appears in 9 contracts

Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc), Credit Facilities Agreement (Gtsi Corp), Loan Agreement (Talx Corp)

AutoNDA by SimpleDocs

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's ’s retirement or termination of employment (or to such Person's ’s beneficiary subsequent to such Person's ’s death) other than (ia) such benefits provided to Persons at such Person's ’s sole expense and (iib) obligations under COBRA.

Appears in 3 contracts

Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's ’s retirement or termination of employment (or to such Person's ’s beneficiary subsequent to such Person's ’s death) other than (i) such benefits provided to Persons at such Person's ’s sole expense and (ii) obligations under COBRACOBRA or comparable state Law.

Appears in 2 contracts

Samples: Assignment and Assumption (Young Innovations Inc), Credit Agreement (Young Innovations Inc)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's ’s retirement or termination of employment (or to such Person's ’s beneficiary subsequent to such Person's ’s death) other than (i) such benefits provided which has or is reasonably likely to Persons at such have a Material Adverse Effect on any Covered Person's sole expense and (ii) obligations under COBRA.

Appears in 1 contract

Samples: Loan Agreement (Layne Christensen Co)

AutoNDA by SimpleDocs

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's ’s retirement or termination of employment (or to such Person's ’s beneficiary subsequent to such Person's ’s death) other than (i) such benefits provided to Persons at such Person's ’s sole expense and (ii) obligations under COBRA.

Appears in 1 contract

Samples: Credit Facilities Agreement (MTM Technologies, Inc.)

Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and expense, (ii) obligations under COBRA, (iii) as disclosed in the Financial Statements, and (iv) such obligations as have not or are not reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Facilities Agreement (Dt Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.