Seller Plans definition
Examples of Seller Plans in a sentence
No act or failure to act by Seller has resulted in a "prohibited transaction" (as defined in ERISA) with respect to the Seller Plans.
No "reportable event" (as defined in ERISA) has occurred with respect to any of the Seller Plans.
Complete and accurate copies of (i) all Seller Plans which have been reduced to writing, (ii) written summaries of all unwritten Seller Plans, and (iii) all related trust agreements, insurance contracts and summary plan descriptions have been delivered or made available to the Buyer.
There are no "accumulated funding deficiencies" within the meaning of ERISA or the Code or any federal excise tax or other liability on account of any deficient fundings in respect of the Seller Plans.
Any bonding required with respect to the Seller Plans in accordance with applicable provisions of ERISA has been obtained and is in full force and effect.