Multi-employer Plan definition
Examples of Multi-employer Plan in a sentence
The Sellers and the Operator shall cooperate in good faith to take all actions and complete all steps as are reasonably necessary or desirable for OpCo (or the Operator or any other of its Affiliates, as applicable) to assume all obligations as successor employer in respect of each Multi-Employer Plan.
Effective as of the Closing Date, OpCo (or the Operator or any other of its Affiliates, as applicable) shall become a successor employer to the Purchased Entities in respect of each Multi-Employer Plan.
Section 4.17(a) of the Sellers Disclosure Schedules separately identifies each Benefit Plan which is (x) an Assumed Benefit Plan (and include, for each Assumed Benefit Plan, the related Assumed Benefit Plan Contract(s)), and (y) a Multi-Employer Plan.