Common use of PBGC Clause in Contracts

PBGC. The term “PBGC” shall mean the Pension Benefit Guaranty Corporation or any Person succeeding to any or all of its functions under ERISA.

Appears in 2 contracts

Sources: Loan Agreement (Stemcells Inc), Loan Agreement (Stemcells Inc)

PBGC. The term “PBGC” shall mean " means the Pension Benefit Guaranty Corporation or and any Person entity succeeding to any or all of its functions under ERISA.

Appears in 2 contracts

Sources: Lease Agreement (Genentech Inc), Loan Agreement (Kentucky Electric Steel Inc /De/)

PBGC. The term “PBGC” shall mean the Pension Benefit Guaranty Corporation as established pursuant to Section 4002 of ERISA or any Person succeeding to any successor thereto or all of its functions substitute therefor under ERISA.

Appears in 2 contracts

Sources: Loan Agreement (Paycom Software, Inc.), Loan Agreement (Paycom Software, Inc.)

PBGC. The term “PBGC” shall mean " means the Pension Benefit Guaranty Corporation Corporation, as ---- established pursuant to Section 4002 of ERISA, and any successor thereto or any Person succeeding to any or all of its functions substitute therefor under ERISA.

Appears in 1 contract

Sources: Credit Agreement (Matrix Service Co)

PBGC. The term “PBGC” shall mean " means the Pension Benefit Guaranty Corporation created by Section 4002(a) of ERISA, or any Person Governmental Body succeeding to any or all of its the functions under ERISAthereof.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Acacia Research Corp)

PBGC. The term “"PBGC” shall mean " means the Pension Benefit Guaranty Corporation or any Person entity succeeding to any or all of its functions under ERISA.

Appears in 1 contract

Sources: Loan and Security Agreement (Health Chem Corp)

PBGC. The term “PBGC” shall mean " means the Pension Benefit Guaranty ---- Corporation or any Person succeeding established pursuant to any or all Subtitle A of its functions under Title IV of ERISA.

Appears in 1 contract

Sources: Loan and Security Agreement (Creditrust Corp)

PBGC. The term “"PBGC” shall mean " means the Pension Benefit Guaranty Corporation and any successor to all or any Person succeeding to any or all of its functions under ERISA.

Appears in 1 contract

Sources: Letter Agreement (GMX Resources Inc)