Similar Law definition

Similar Law. As defined in Section 5.02(b).
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Similar Law means any foreign, federal, state or local law with provisions substantially similar to Title I of ERISA or Section 4975 of the Code.
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Similar Law means a law that is similar to the fiduciary responsibility or prohibited transaction provisions of ERISA or Section 4975 of the Code.
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Examples of Similar Law in a sentence

  • This Note, or any interest therein, may not be transferred to a person that is or is acting on behalf of, or using the assets of, a Benefit Plan [For Class A-2, A-3 and A-4 Notes Only], unless such transferee represents, warrants and covenants that its purchase, holding and disposition of this note will not give rise to a non-exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or result in a violation of any Similar Law.

  • By accepting and holding this Trust Certificate, the Certificateholder hereof shall be required to have represented and warranted that it is not a Benefit Plan Investor or a Plan that is subject to Similar Law.

  • The Trust Certificates may not be acquired or held by a Benefit Plan Investor, a Plan that is subject to Similar Law or a person who is not a United States Person within the meaning of Section 7701(a)(30) of the Code.


More Definitions of Similar Law

Similar Law. As defined in Section 5.03(n) of this Agreement.
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Similar Law means any federal, state, local or other law that is substantially similar to Title I of ERISA or Section 4975 of the Code.
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Similar Law has the meaning assigned to such term in Section 3.04 of the Trust Agreement.
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Similar Law means any federal, State, local or non-U.S. law that is substantially similar to the prohibited transaction provisions of Section 406 of ERISA or Section 4975 of the Code.
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Similar Law means any law or regulation that could cause the underlying assets of the Partnership to be treated as assets of the Limited Partner by virtue of its limited partner interest in the Partnership and thereby subject the Partnership and the General Partner (or other persons responsible for the investment and operation of the Partnership’s assets) to laws or regulations that are similar to the fiduciary responsibility or prohibited transaction provisions contained in Title I of ERISA or Section 4975 of the Code.
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Similar Law. The meaning specified in Section 4.02(d).
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Similar Law means any federal, state, local, or non-U.S. law that is substantially similar to the provisions of Section 406 of ERISA or Section 4975 of the Code.
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