ESOP Fiduciary definition

ESOP Fiduciary means the named fiduciary under ERISA of the ESOP. As of the Closing Date, the ESOP Fiduciary is the ESOP Committee of the Borrower.
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ESOP Fiduciary. Consulting Fiduciaries, Inc., an Illinois corporation.
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ESOP Fiduciary means Consulting Fiduciaries, Inc., as the independent fiduciary appointed by Lazy Days under the terms of the ESOP.
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Examples of ESOP Fiduciary in a sentence

  • To the Company's knowledge, neither the ESOP Fiduciary nor the ESOT Trustee has made any assertion with respect to the ESOP or the ESOT contrary to or inconsistent with the accuracy of any representation or warranty set forth in section 6.5(c) or section 6.19 that could reasonably be expected to have in a Material Adverse Effect.

  • With respect to each Plan, the Borrower and each of its Subsidiaries and the ESOP Fiduciary and, to the best knowledge of the Borrower, the ESOT Trustee are in compliance in all material respects with the responsibilities, obligations and duties, if any, imposed on them by ERISA and the Code.

  • To the Borrower’s knowledge, neither the ESOP Fiduciary nor the ESOT Trustee has made any assertion with respect to the ESOP or ESOT contrary to or inconsistent with the accuracy of any representation or warranty set forth at Section 6.6(C) or Section 6.20 that could reasonably be expected to result in a Material Adverse Effect.

  • There shall be no finding, holding, ruling or other determination not subject to cure made by any court or Governmental Authority, and there shall be no assertion by the ESOP Fiduciary, or, to the best knowledge of the Company, the ESOT Trustee, concerning any matter with respect to the ESOP or ESOT contrary to or inconsistent with any covenant set forth in section 10.3(s) through (z) which assertion could reasonably be expected to have a Material Adverse Effect.

  • With respect to each Plan, the Company and each of its Subsidiaries, the ESOP Fiduciary and, to the best knowledge of the Company, the ESOT Trustee are in compliance in all material respects with the responsibilities, obligations and duties, if any, imposed on them by ERISA and the Code.

  • To Borrower’s knowledge, neither the ESOP Fiduciary nor the ESOT Trustee has made any assertion with respect to the ESOP or the ESOT contrary to or inconsistent with the accuracy of any representation or warranty set forth herein that could reasonably be expected to result in a Material Adverse Effect.

  • To the Borrower's knowledge, neither the ESOP Fiduciary nor the ESOT Trustee has made any assertion with respect to the ESOP or ESOT contrary to or inconsistent with the accuracy of any representation or warranty set forth at Section 6.6(C) or Section 6.20 that could reasonably be expected to result in a Material Adverse Effect.

  • There shall be no finding, holding, ruling or other determination not subject to cure made by any court or Governmental Authority, and there shall be no assertion by the ESOP Fiduciary or, to the best knowledge of the Borrower, the ESOT Trustee, concerning any matter with respect to the ESOP or ESOT contrary to or inconsistent with any covenant set forth in Section 7.3(S) through (Z) which assertion could reasonably be expected to have a Material Adverse Effect.

  • To the Borrower’s knowledge, neither the ESOP Fiduciary nor the ESOT Trustee has made any assertion with respect to the ESOP or the ESOT contrary to or inconsistent with the accuracy of any representation or warranty set forth herein that could reasonably be expected to result in a Material Adverse Effect.

  • Any action agreed to herein by the ESOP shall have been agreed to on behalf of the ESOP by the Trustee, at the direction of the ESOP Fiduciary.


More Definitions of ESOP Fiduciary

ESOP Fiduciary means GreatBanc Trust Company, the independent fiduciary that has been duly engaged by the Company to act as a discretionary fiduciary under Section 17.4 of the ESOP in connection with the transactions contemplated by this Agreement.
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ESOP Fiduciary shall have the meaning set forth in the Preamble.
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ESOP Fiduciary has the meaning specified in the first paragraph of this Agreement.
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Related to ESOP Fiduciary

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Plan Administrator means the plan administrator described in Article 8.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Plan Sponsor has the meaning given in ERISA Section 3(16)(B).

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • Fiduciary has the meaning set forth in ERISA Sec. 3(21).

  • Fiduciaries means professional firms such as auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks etc., assisting or advising the Company.

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Plan Assets means “plan assets” within the meaning of the Plan Asset Regulations.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Recordkeeper means a “financial intermediary” as defined in Rule 22c-2 of the Investment Company Act.