Pension Benefit Guaranty Corporation. None of the Employee Benefit Plans are subject to the requirements of Title IV of ERISA.
Pension Benefit Guaranty Corporation. No Lien exists in favor of the Pension Benefit Guaranty Corporation on any Receivable.
Pension Benefit Guaranty Corporation. Sellers and certain of its Affiliates shall have obtained a definitive, enforceable and executed settlement agreement with the PBGC (“PBGC Agreement”) that is acceptable to Sellers, and with respect to the Purchaser, acceptable as to the release provisions only, as hereinafter provided, with respect to the PBGC Obligations and the sale and/or disposition of the Purchased Assets pursuant to this Agreement on or before July 16, 2013. The PBGC Agreement must release any claims and/or liens of the PBGC against the Purchaser and the Purchased Assets, which release provided in the PBGC Agreement must be acceptable to Purchaser. Upon and after Closing, Sellers shall not use or disburse any of the proceeds of the sale of the Purchased Assets in contravention of the terms of the PBGC Agreement.
Pension Benefit Guaranty Corporation. The Company has not ------------------------------------ incurred, and will not incur, any financial liability to the Pension Benefit Guaranty Corporation except for premiums due, all of which have been or will be paid.
Pension Benefit Guaranty Corporation. No action shall have been taken or threatened by the Pension Benefit Guaranty Corporation to terminate any defined benefit pension plan maintained by Seller or its Affiliates with respect to the Business which has not been resolved or discontinued without material conditions with respect thereto; and
Pension Benefit Guaranty Corporation. 16 k. Retirees........................................................................ 16 l.
Pension Benefit Guaranty Corporation. No liability to the Pension Benefit Guaranty Corporation has been incurred with respect to the Plans that has not been satisfied by Seller. All premiums due and payable to the Pension Benefit Guaranty Corporation with respect to the Plans have been paid. The Pension Benefit Guaranty Corporation has not instituted proceedings to terminate any of the Plans. To the knowledge of Parent and Seller, no event has occurred, and there exists no condition or set of circumstances, that presents a risk that any past or future termination of any of the Plans could result in liability on the part of Seller to the Pension Benefit Guaranty Corporation. No notice of a reportable event (within the meaning of Section 4043(b) of ERISA) has been filed by the plan administrator of any of the Plans with the Pension Benefit Guaranty Corporation, nor, to the knowledge of Parent and Seller, has any such reportable event occurred.
Pension Benefit Guaranty Corporation the Pension Benefit Guaranty Corporation, the federal corporation created under ERISA, and any successor thereto.
Pension Benefit Guaranty Corporation. Part 2.13 of Schedule 1 lists all material plans, contracts, bonus and commission arrangements, profit-sharing, savings, stock option plans, insurance, deferred compensation, or other similar fringe or employee benefits covering former or current employees of the Company or under which the Company has any obligation or liability (each, a "Benefit Arrangement"). The Benefit Arrangements are and have been administered in substantial compliance with their terms and with the requirements of applicable law.
Pension Benefit Guaranty Corporation. No liability to the Pension Benefit Guaranty Corporation has been incurred with respect to the Plans. All premiums due and payable to the Pension Benefit Guaranty Corporation with respect to the Plans have been paid. The Pension Benefit Guaranty Corporation has not instituted proceedings to terminate any of the Plans. No event has occurred, and there exists no condition or set of circumstances, that presents a risk that any part or future termination of any of the Plans could result in liability on the part of the Company to the Pension Benefit Guaranty Corporation. No notice of a reportable event (within the meaning of Section 4043(b) of ERISA) has been filed by the plan administrator of any of the Plans with the Pension Benefit Guaranty Corporation, nor has any such reportable event occurred.
