Welfare Plan definition

Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.
Welfare Plan means a welfare plan, as defined in Section 3(1) of ERISA, that is maintained for employees of any Loan Party or in respect of which any Loan Party could have liability.
Welfare Plan means any Employee Benefit Plan described in Section 3(1) of ERISA.

Examples of Welfare Plan in a sentence

  • No Credit Party, nor any of its Subsidiaries has any Contingent Liability with respect to any post-retirement benefit under a Welfare Plan, which could, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

  • Each Welfare Plan and each “employee pension benefit plan, as defined in Section 3(1) of ERISA that is sponsored or maintained by any Credit Party, has been established and operated in compliance with applicable law, and there is no liability outstanding with respect to any such Welfare Plan or employee pension benefit plan, except as could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.


More Definitions of Welfare Plan

Welfare Plan means an employee welfare benefit plan as defined in Section 3(1) of ERISA established or maintained by Borrower, Guarantor or any ERISA Affiliate or that covers any current or former employee of Borrower, Guarantor or any ERISA Affiliate.
Welfare Plan means a "welfare plan", as such term is defined in section 3(1)
Welfare Plan means a Plan described in Section 3(i) of ERISA.
Welfare Plan means an ERISA Plan that is a “welfare plan” within the meaning of ERISA Section 3(l).
Welfare Plan means a welfare plan, as defined in Section 3(1) of ERISA.
Welfare Plan means each Benefit Plan that provides life insurance, health care, dental care, accidental death and dismemberment insurance, disability, severance, vacation or other group welfare or fringe benefits.