Immediately after the Distribution Date definition
Examples of Immediately after the Distribution Date in a sentence
If the Separation Agreement is terminated prior to the Distribution Date, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution Date, or Immediately after the Distribution Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the Parties.
The foregoing Spinco Mirror Plans as in effect Immediately after the Distribution Date shall be substantially identical in all Material Features to the corresponding NSI Plans as in effect as of the Close of the Distribution Date.
Data Match Effective Immediately after the Distribution Date, Spinco shall assume all Liabilities relating to, arising out of or resulting from claims verified by NSI or Spinco under the Health Care Financing Administration data match reports that relate to Transferred Individuals.
If the Distribution does not occur, then all actions and events that are, under this Agreement, to be taken or occur effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution or the Transition Date or the Transfer Date, shall not be taken or occur except to the extent specifically agreed by ElderCare and Parent.
Parent and ElderCare shall use their reasonable best efforts to cause all Group Insurance Policies that are applicable to ElderCare Individuals entered into or renewed after the date of this Agreement but before the Close of the Distribution Date to allow ElderCare to participate in the terms and conditions thereof effective Immediately after the Distribution Date on the same basis as Parent.
Effective Immediately after the Distribution Date, Spinco shall have sole discretionary authority to make any necessary determinations with respect to such claims, including entering into settlements with respect to such claims, and shall be solely responsible for any costs, Liabilities or related expenses of any nature whatsoever related to such claims, payments or obligations.
Except as provided in this Agreement, effective Immediately after the Distribution Date, ElderCare shall assume and be solely responsible for all liabilities to or relating to ElderCare Individuals under all Parent Executive Benefit Plans.
Effective Immediately after the Distribution Date, Tronox shall establish, or cause to be established, Tronox Health and Welfare Plans.
Effective Immediately after the Distribution Date, Tronox shall be solely responsible for providing health care continuation coverage under COBRA with respect to any Transferred Individual (regardless of whether such Transferred Individual first became eligible for COBRA coverage at any time before the Close of the Distribution Date), including any Transferred Individual who became eligible for COBRA in connection with a Change in Control.
To the extent permitted under HIPAA, from Immediately after the Distribution Date through September 30, 2004, Parent and ElderCare and their duly authorized representatives shall have the right to conduct joint audits with respect to any vendor contracts that relate to both the Parent Health and Welfare Plans and the ElderCare Health and Welfare Plans.