Wireline. As of the Distribution Date, except as otherwise expressly provided for in this Agreement, Wireline shall, or shall cause one or more members of the Wireline Group to, assume or retain, as applicable, and Wireline hereby agrees to pay, perform, fulfill and discharge, in due course in full (i) all Liabilities under all Wireline Benefit Plans, (ii) all Liabilities with respect to the employment, service, termination of employment or termination of service of all Wireline Employees, Former Wireline Employees and their dependents and beneficiaries and (iii) any other Liabilities expressly assigned or allocated to Wireline or any member of the Wireline Group under this Agreement, and NTELOS shall have no responsibility for any such Liabilities. The assumption by Wireline of Liabilities under this Agreement shall not create any obligation on Wireline to reimburse NTELOS for any Liabilities paid or discharged by NTELOS before the Distribution Date.
Appears in 2 contracts
Sources: Employee Matters Agreement (Ntelos Holdings Corp), Employee Matters Agreement (NTELOS Wireline One Inc.)