COBRA Beneficiaries definition

COBRA Beneficiaries has the meaning set forth in Section 5.4(i).
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COBRA Beneficiaries means any employee or former employee of any Seller or Subsidiary thereof, or their qualified beneficiaries under COBRA.
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COBRA Beneficiaries shall have the meaning set forth in Section 11.9(b).
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Examples of COBRA Beneficiaries in a sentence

  • March 21, 2019 TO: All Active Employees, Non-Medicare Retirees and Eligible Dependents, Including COBRA Beneficiaries of the Alaska Carpenters Health and Welfare Trust Fund PARTICIPANT NOTICE ABOUT BENEFIT MODIFICATIONSThis Summary of Material Modifications will advise you of certain changes that will be made to the Alaska Carpenters Health and Welfare Plan (the “Plan”) effective June 1, 2019.

  • At such time a COBRA Qualified Beneficiary may change (add or delete) medical, dental and/or vision coverage options, when such changes are similarly permitted for Active employees.There are three Special Enrollment opportunities for COBRA Beneficiaries, explained below:a.

  • For second qualifying events, in addition to all of the required information stated in (1) through (6) above, the notice must also include the following information: (1) Name and address of all COBRA Beneficiaries who lost coverage due to the initial qualifying event and who are receiving COBRA coverage at the time of this notice; and (2) Describe the nature and date of the initial qualifying event.

  • The key point concerning both the manpower and cost constraints is that unless money is ac- tually budgeted and manpower assigned, the mitigation does not exist.

  • The maximum period of extension under this provision ends (18, 29, or 36 months).If the period of continued coverage was extended from 18 to 29 months due to a person's entitlement to Social Security disability, coverage for that person and for all COBRA Beneficiaries who were entitled to the disability extension will end as of the first of the month beginning 30 days after the date the Covered Family Member is no longer disabled.

  • You may also request a paper copy to be mailed to you by contacting the Administrative Office.To: All Participants and their Dependents Who Are Eligible for Active Health and Welfare Bronze Medical Plan Benefits, including COBRA Beneficiaries Summary of Material ModificationsJune, 2021 PARTICIPANT NOTICEThis Participant notice will advise you of certain material modifications (plan changes) that will be made to the Southwest Carpenters Health and Welfare Trust (the Plan).

  • COBRA Beneficiaries that are not disabled may elect to extend coverage even if the disabled COBRA Beneficiary declines to do so.

  • Eligible COBRA Beneficiaries: You and/or your Dependents that lose coverage under the Plan due to a “qualifying event” will be considered an eligible COBRA Beneficiary unless you, the Employee, were terminated due to gross misconduct.

  • July 2, 2021 TO: All Active Employees, Retirees and Eligible Dependents, Including COBRA Beneficiaries of the Alaska Carpenters Health and Welfare Trust Fund RE: Residential Care TreatmentDental Personal Protection Equipment PARTICIPANT NOTICE ABOUT BENEFIT MODIFICATIONS This Summary of Material Modifications will advise you of certain changes that will be made to the Alaska Carpenters Health and Welfare Plan (the “Plan”).

  • Adequate consideration shall be given to the seating, comfort, setting, and technology of the facility used to house the collection and learning resources.


More Definitions of COBRA Beneficiaries

COBRA Beneficiaries is defined in Section 9.9.
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COBRA Beneficiaries shall have the meaning set forth in Section 5.9(c). “Commitments” shall have the meaning set forth in the DIP Facility. “Competing Transaction” shall mean any financing, refinancing, acquisition, divestiture, public offering, recapitalization, business combination or reorganization, whether in one transaction or a series of related transactions, of or involving (x) all or a material part of the Purchased Resort Assets or (y) all or a material part of the Purchased Retail Assets, in the case of either clause (x) or (y) other than any such transaction or series of related transactions with the Purchaser or an Affiliate thereof.
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Related to COBRA Beneficiaries

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Dependents means dependents as defined in the Internal Revenue Code and as claimed in the taxpayer's federal income tax return for the taxable year or which the taxpayer would have been permitted to claim had the taxpayer filed a federal income tax return.

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • COBRA Coverage means continued medical and dental coverage under the Company’s benefit plans, as determined under section 4980B of the Code.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • COBRA Continuation Period means the continuation period for medical and dental insurance to be provided under the terms of this Agreement which shall commence on the first day of the calendar month following the month in which the date of termination falls and generally shall continue for an 18 month period.

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

  • COBRA Period means the period beginning on the Date of Termination and ending on the nine-month anniversary thereof; provided, however, that in the event of a Change in Control Qualifying Termination, then the COBRA Period instead shall end on the 18-month anniversary thereof.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Dependent children also means natural children, stepchildren, adopted children, children of a domestic partner, children placed for adoption and foster children.

  • Spouse means, an individual who,

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • COBRA continuation provision means any of the following:

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Dependent child means a child residing in an individual’s household who may legally be claimed as a dependent on the federal income tax of such individual.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Severance Benefit means the payment of severance compensation as provided in Article III.