Examples of Ampex Group in a sentence
Any member of the Ampex Group or the Sherborne Group not so released remains liable for the Obligations as if the transaction has not occurred.
The members of the Ampex Group have breached this covenant by failing to make any portion of the Required Contribution to the Plans which was due to be paid today in the amount of $3,169,600 despite having sufficient cash resources to do so.
If a Member cannot be reached within five (5) days of the initial attempted contact, then the Member's opportunity for that Priority Placement is lost.
Consequently, Section 16.12(b), the NHI Reorganization Condition, of the Joint Settlement Agreement by and among the Pension Benefit Guaranty Corporation, The Ampex Group, The Limited Hillside Group, and The Sherborne Group has been satisfied.
Please be advised that Hillside hereby notifies the Ampex Group in accordance with Section 3.4(c) of the Agreement that if such breach of this covenant is not cured within 10 days from the delivery of this notice such breach will constitute an Event of Default which will entitle Hillside to declare the Notes (together with accrued interest thereon) to be immediately due and payable.
Ampex and each member of the Ampex Group acknowledges and agrees that pursuant to the provisions of ERISA, the Code, the Joint Settlement Agreement and this Agreement they are and shall be jointly and severally primarily liable for Required Contributions to, and Termination Liability for, the Plans.
Domestic facilities of the members of the Ampex Group shall not be relocated abroad except for commercial reasons as determined in good faith by the applicable board of directors.
The last continuation, a seven- month extension to September 30, 2011, came on March 3, 2011.Although several national commissions47 have studied the issue and have called for new sources of funding as well as a longer-term conversion to a per-mile tax, the new Congress with a more conservative inclination has yet to take action.
If a Plan is terminated prior --------------------------- to an Assumption Date, PBGC shall make demand upon Ampex or such other member of the Ampex Group as may be the Plan Sponsor, and upon each entity under Common Control with Ampex or such Plan Sponsor on the date of Plan termination, for payment of the Termination Liability for the Plan.
Upon assumption of a Plan or Plans by a member of the Limited Hillside Group, the Ampex Group shall have no obligations or liabilities in respect of the Plans, except for the specific obligations set forth herein and in the Hillside-Ampex/Sherborne Agreement.