MABT definition
Examples of MABT in a sentence
In the event that Licensor, MABT, defaults on provisions of the License Agreement between D▇▇▇▇ ▇▇▇▇, LLC and MABT, such default shall not impair the rights and obligations of the Parties to this Agreement, and D▇▇▇▇ ▇▇▇▇, LLC, shall fulfill the obligations under this Agreement to Licensee.
If spouse is employed by another MABT employer, they are not required to take insurance through their employer.
Health and Prescription Drug Insurance B Full-time teachers will be provided health insurance in accordance with the available plans prescribed by the Mercer Auglaize Benefit Trust (MABT).
As long as New Knoxville School is a member of the MABT consortium, changes in coverage will be made in accordance with the consortium’s decisions.
Employees are automatically exempt from (a) above if their spouse: (1) is not employed, (2) is employed but does not have insurance available or does not qualify for insurance through their employer, or (3) works in a school district or Educational Service Center served by the Mercer-Auglaize Benefit Trust (MABT).
The Committee shall meet based on the MABT meeting schedule and determine the duration and frequency of all regular meetings.
In the event that the agreed upon budget is funded in full by CUBT and more funding is required, and CUBT or MABT provides that funding, CUBT or MABT shall be entitled to a distribution of Net Profits equal to a simple interest annual return of 5% on that excess funding, in addition to the return of the amount of the excess funding, prior to the 50/50 distribution anticipated by this provision.
Employed spouses of employees who are eligible for insurance through their own employer by an employer-sponsored plan must take, at the minimum, the least expensive single plan through their own employer if the spouse’s portion of the premium cost is less than the established amount by the MABT.
During the length of this contract, if any plan becomes obsolete, members will be required to choose an alternate plan offered by the MABT.