Employee Liabilities means all claims, actions, proceedings, orders, demands, complaints, investigations (save for any claims for personal injury which are covered by insurance) and any award, compensation, damages, tribunal awards, fine, loss, order, penalty, disbursement, payment made by way of settlement and costs, expenses and legal costs reasonably incurred in connection with a claim or investigation including in relation to the following: redundancy payments including contractual or enhanced redundancy costs, termination costs and notice payments; unfair, wrongful or constructive dismissal compensation; compensation for discrimination on grounds of sex, race, disability, age, religion or belief, gender reassignment, marriage or civil partnership, pregnancy and maternity or sexual orientation or claims for equal pay; compensation for less favourable treatment of part-time workers or fixed term employees; outstanding debts and unlawful deduction of wages including any PAYE and National Insurance Contributions in relation to payments made by the Customer or the Replacement Supplier to a Transferring Supplier Employee which would have been payable by the Supplier or the Sub-Contractor if such payment should have been made prior to the Service Transfer Date; claims whether in tort, contract or statute or otherwise; any investigation by the Equality and Human Rights Commission or other enforcement, regulatory or supervisory body and of implementing any requirements which may arise from such investigation;
Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).
Buyer Benefit Plans has the meaning set forth in Section 6.10(f).
Seller Benefit Plans has the meaning set forth in Section 4.10(a).
Company Employees shall have the meaning set forth in Section 6.10(a).
Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).
Transferred Employees has the meaning set forth in Section 6.4(a).
Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.
Compensation Plans shall have the meaning set forth in Section 3.8(b).
Hired Employees has the meaning set forth in Section 6.1(a).
Employment Liabilities means all claims, demands, actions, proceedings, damages, compensation, tribunal awards, fines, costs (including but not limited to reasonable legal costs), expenses and all other liabilities whatsoever;
Retained Employees has the meaning set forth in Section 6.1.1.
Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.
Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).
MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;
Parent Benefit Plans has the meaning set forth in Section 5.07(b).
Company Employee Plans has the meaning set forth in Section 3.12(a).
Continuing Employees shall have the meaning set forth in Section 6.9(a).
Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.
Excluded Employees has the meaning set forth in Section 2.5(a)(iv).
Business Employees has the meaning set forth in Section 4.10(a).
SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).
contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;
Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.
Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).
Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.