Accumulated Funding Deficiency definition

Accumulated Funding Deficiency as defined in Section 302 of ERISA.

Accumulated Funding Deficiency has the meaning specified in Section 412 of the Internal Revenue Code, and the terms "actuarial present value" and "benefit liabilities" have the meanings specified in Section 4001 of ERISA; or

Accumulated Funding Deficiency means any accumulated funding deficiency as defined in ERISA §302(a).

Examples of Accumulated Funding Deficiency in a sentence

• As used in this Assignment and Servicing Agreement, the following terms have the respective meanings set forth below or set forth in the Section hereof or in any other agreement indicated: Accumulated Funding Deficiency - a funding deficiency described in Section 302 of ERISA.

• No Plan maintained by the Company or a Related Person to the Company had an Accumulated Funding Deficiency, whether or not waived, as of the last day of the most recent fiscal year of such Plan ending prior to the Effective Date.

• As used in this Sales and Servicing Agreement, the following terms have the respective meanings set forth below or set forth in the Section hereof or in any other agreement indicated: Accumulated Funding Deficiency - a funding deficiency described in Section 302 of ERISA.

• As used in this Assignment and Servicing Agreement, the following terms have the respective meanings set forth below or set forth in the Section hereof or in any other agreement indicated: Accumulated Funding Deficiency - a funding deficiency described in ------------------------------ Section 302 of ERISA.

• No Accumulated Funding Deficiency, whether or not waived, has occurred with respect to any Plan.

More Definitions of Accumulated Funding Deficiency

Accumulated Funding Deficiency. (as defined in Section 302 of ERISA) or any of the events set forth in Section 4043(b) of ERISA (other than events with respect to which the thirty (30)-day notice requirement under Section 4043 of ERISA has been waived) has occurred or could reasonably be expected to occur with respect to any employee benefit plan of the Company or any Subsidiary which could, singularly or in the aggregate, have a Material Adverse Effect. Each employee benefit plan of the Company or any Subsidiary is in compliance in all material respects with applicable law, including ERISA and the Code. Each of the Company and each Subsidiary has not incurred and could not reasonably be expected to incur liability under Title IV of ERISA with respect to the termination of, or withdrawal from, any pension plan (as defined in ERISA). Each pension plan for which the Company and each Subsidiary would have any liability that is intended to be qualified under Section 401(a) of the Code is so qualified, and nothing has occurred, whether by action or by failure to act, which could, singularly or in the aggregate, cause the loss of such qualification.

Accumulated Funding Deficiency has the meaning specified in Section 302 of ERISA and Section 412 of the Code, the term "current value" has the meaning specified in Section 3 of ERISA and the terms "benefit liabilities" and "amount of unfunded benefit liabilities" have the meanings specified in Section 4001 of ERISA.

Accumulated Funding Deficiency shall have the meaning provided in Section 412 of the Code and Section 302 of ERISA, whether or not waived.

Accumulated Funding Deficiency has the meaning specified in Section 302 of ERISA and Section 412 of the Code.

Accumulated Funding Deficiency means a funding deficiency described in section 302 of ERISA and section 412 of the Code.

Accumulated Funding Deficiency shall have the meaning assigned to that term in Section 302 of ERISA.

Accumulated Funding Deficiency. (as defined in Section 302 of ERISA) or other event of the kind described in Section 4043(b) of ERISA (other than events with respect to which the 30-day notice requirement under Section 4043 of ERISA has been waived) has occurred with respect to any employee benefit plan for which the Company or any Subsidiary would have any liability which could (individually or in the aggregate) reasonably be expected to have a Material Adverse Effect; each employee benefit plan for which the Company or any Subsidiary would have any liability is in compliance in all material respects with applicable law, including (without limitation) ERISA and the Code; the Company has not incurred and does not expect to incur liability under Title IV of ERISA with respect to the termination of, or withdrawal from any "pension plan"; and each plan for which the Company would have any liability that is intended to be qualified under Section 401(a) of the Code is so qualified and nothing has occurred, whether by action or by failure to act, which could cause the loss of such qualification.