Specified Employee Liabilities definition

Specified Employee Liabilities has the meaning set forth in Section 2.1.3(i).
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Specified Employee Liabilities means the following Liabilities of any Dxxx Party:
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Specified Employee Liabilities has the meaning set forth in Section 2.1.3(i). “Specified Transferred Employees” has the meaning set forth in Section 7.1.2(b)(ii)(A).
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More Definitions of Specified Employee Liabilities

Specified Employee Liabilities means all Losses (a) imposed by any Governmental Authority, or payable to any Governmental Authority or any employee of the Business, in each case arising from or relating to event, occurrence, fact, or condition existing as of the Closing constituting or, with the passage of time, resulting in the occurrence of, a failure by a Seller or any predecessor or Affiliate thereof to be in compliance with, or a violation or beach by a Seller or any predecessor or Affiliate thereof, of applicable Laws pertaining to immigration and compliance, work authorization and I-9 compliance, with respect to the Business or (b) based on, arising from, or relating to any Action that is based on or arises out of Seller’s or any predecessor or Affiliate thereof’s failure to pay minimum, overtime or other wages under applicable Law with respect to any period prior to the Closing.
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Specified Employee Liabilities means, without double counting within this paragraph or as to amounts already treated as Transaction Expenses or Company Debt,
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Specified Employee Liabilities means accrued vacation pay, French pension and other social obligations, employee-related taxes, pro-rated thirteen (13)-month withholding and other employee related liabilities and payments accrued with respect to the Employees.
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Specified Employee Liabilities as defined in Section 2.4(a)(ix).
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Specified Employee Liabilities means any liabilities (i) of the Company or any of its ERISA Affiliates (A) arising under any “employee benefit plan” (as defined in Section 3(3) of ERISA) that is sponsored by, contributed to or maintained by the Company or any of its ERISA Affiliates or that was sponsored by, contributed to or maintained by the Company or any of its ERISA Affiliates within six years prior to the Effective Time, or (B) arising under ERISA or the Code for which the Company, Buyer or any of Buyer’s ERISA Affiliates may have any liability under ERISA as a result of the consummation of the transactions contemplated by this Agreement or which would reasonably be likely to result in the imposition of a Lien on any of their assets, (ii) of the Company or any of its Affiliates arising under the Option Plan, including as a result of the termination of the Options and the Option Plan pursuant to Section 5.05 and (iii) of the Company and its Subsidiaries with respect to the Retained Employees and the Canyon Employees.
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Related to Specified Employee Liabilities

  • Specified Employee means an employee who at the time of Separation from Service is a key employee of the Bank, if any stock of the Bank is publicly traded on an established securities market or otherwise. For purposes of this Agreement, an employee is a key employee if the employee meets the requirements of Code Section 416(i)(1)(A)(i), (ii), or (iii) (applied in accordance with the regulations thereunder and disregarding section 416(i)(5)) at any time during the twelve (12) month period ending on December 31 (the “identification period”). If the employee is a key employee during an identification period, the employee is treated as a key employee for purposes of this Agreement during the twelve (12) month period that begins on the first day of April following the close of the identification period.

  • 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;

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.