Relevant Transfer Deduction. The BHGE Entities agree to use their best endeavors to ensure that a relevant transfer deduction (as defined in the UK Occupational Pension Schemes (Employer Debt) Regulations 2005, SI 2005/678) is secured in respect of the Transferred Liabilities and GE UK Pension Plan Transfer Value Amount, including but not limited to giving such notice to the trustees of the GE UK Pension Plan for the purposes of those Regulations as GE may request.
Appears in 2 contracts
Sources: Employee Benefits Matters Agreement (Baker Hughes a GE Co), Employee Benefits Matters Agreement (BAKER HUGHES a GE Co LLC)