Benefit Event definition
Examples of Benefit Event in a sentence
Promptly upon the occurrence of any ERISA Event or Foreign Benefit Event.
No ERISA Event or Foreign Benefit Event has occurred and, to the knowledge of the Borrower, no ERISA Event or Foreign Benefit Event is reasonably expected to occur, except as would not reasonably be expected to have a Material Adverse Effect.
Any ERISA Event shall have occurred with respect to any Plan or any Foreign Benefit Event shall have occurred with respect to a Foreign Plan that would reasonably be expected to result in a Material Adverse Effect.
Any ERISA Event shall have occurred with respect to any Plan or any Foreign Benefit Event shall have occurred with respect to a Foreign Plan that, in each case, would reasonably be expected to result in a Material Adverse Effect.
No ERISA Event or Foreign Benefit Event has occurred which has resulted or to the knowledge of ChipPAC or its Subsidiaries is reasonably expected to occur which has or would reasonably be expected to have a Material Adverse Effect.
Except as would not (either individually or in the aggregate) reasonably be expected to have a Material Adverse Effect, no ERISA Event or Foreign Benefit Event has occurred or is reasonably expected to occur in connection with which obligations and liabilities (contingent or otherwise) remain outstanding.
Any assignment by the Company as provided for in Section 14(c) will not in any way affect the rights and obligations of the parties under this Agreement, and in particular (but by way of example only) will not affect the rights of the Executive to receive Additional Termination Benefits upon occurrence of an Additional Benefit Event.
For purposes of paragraphs (i) and (ii), an Additional Benefit Event will be deemed to have occurred when the underlying event giving rise to the right of termination occurred, without regard to when Notice of Termination was delivered or the date on which it became effective.
No Foreign Benefit Event has occurred or could reasonably be expected to occur, that, when taken together with all other Foreign Benefit Events, could reasonably be expected to result in a Material Adverse Effect.
Comply in all respects with all requirements imposed by ERISA and the Internal Revenue Code and other Requirements of Law, including, but not limited to, the minimum funding requirements for any Pension Plan (other than a Multiemployer Plan), and to prevent any occurrence of an ERISA Event or Foreign Benefit Event, except to the extent that failure to comply therewith could not, either singly or in the aggregate, reasonably be expected to have a Material Adverse Effect.