Common use of Terminability of Welfare Plans Clause in Contracts

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1) or section 3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part 6 of ERISA). ICT or an ERISA Affiliate, as appropriate, may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirement) in the discretion of ICT or such ERISA Affiliate without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section §3(1) or section §3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part 6 of ERISA). ICT The Guarantor or an ERISA Affiliate, as appropriate, the Borrower may terminate each such Plan in accordance with its terms at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the the Guarantor or such ERISA Affiliate the Borrower, as the case may be, without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1sect.3(1) or section 3(2)(Bsect.3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part 6 of ERISA). ICT The Borrower or an ERISA Affiliate, as appropriate, may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Borrower or such ERISA Affiliate without liability to any Person. 5.16.3.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1(S)3(1) or section 3(2)(B(S)3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part 6 of ERISA). ICT The Borrower or an ERISA Affiliate, as appropriate, may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Borrower or such ERISA Affiliate without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1Section.3(1) or section 3(2)(BSection.3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part 6 of ERISA). ICT The Borrower or an ERISA Affiliate, as appropriate, may terminate each such Plan plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Borrower or such ERISA Affiliate without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section §3(1) or section §3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I1, Part 6 of ERISA)) . ICT The Borrower or an ERISA Affiliate, as appropriate, may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Borrower or such ERISA Affiliate without material liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section Section 3(1) or section Section 3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I, Part part 6 of ERISA). ICT .) Each Borrower or an ERISA Affiliate, as appropriate, may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT such Borrower or such ERISA Affiliate without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1ss.3(1) or section 3(2)(Bss.3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I1, Part 6 of ERISA). ICT The Guarantor or an ERISA Affiliate, as appropriate, may terminate each such Plan plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Guarantor or such ERISA Affiliate without liability to any Person.

Terminability of Welfare Plans. Under each Employee Benefit Plan which is an employee welfare benefit plan within the meaning of section 3(1Section 3(l) or section Section 3(2)(B) of ERISA, no benefits are due unless the event giving rise to the benefit entitlement occurs prior to plan termination (except as required by Title I1, Part 6 of ERISA). ICT The Guarantor or an ERISA Affiliate, as appropriate, may terminate each such Plan plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement or legally mandated advance notice requirementagreement) in the discretion of ICT the Guarantor or such ERISA Affiliate without liability to any Person.