Plans definition
Examples of Plans in a sentence
At all times in connection with its actual or required performance of the Services hereunder, ▇▇▇▇▇▇▇ shall maintain appropriate Business Continuity and Disaster Recovery Plans designed to prevent any interruption in the provision of Services during disruptive or disaster events (the “Plans”) and implement such Plans in the event of any unplanned interruption of the Services.
As soon as practicable after the Closing Date, the Seller 401(k) Plans shall, to the extent permitted by Section 401(k) of the Code, make distributions available to Transferred Employees, and the Buyer 401(k) Plan shall accept any such distribution (including loans) as a rollover contribution if so directed by the Transferred Employee.
For purposes of satisfying annual deductible, coinsurance and out-of-pocket maximums, the parties will make commercially reasonable best efforts to credit participants in the OEM Health Plans with any expenses credited towards analogous deductible, coinsurance, or out-of-pocket requirements under corresponding Employee Plans during the calendar year in which the Closing Date occurs.
The Rules also impose a good faith requirement and require executive officers and directors to provide certifications of compliance in their Plans.
Because of recent concerns arising from possible abuses of Plans, the Company may require evidence that the party exercising trading authority has no personal or substantial business relationship with the Insider.