Equalisation Determination Costs definition
Equalisation Determination
Costs means, as defined in the Pension Schemes Settlement Agreement, the reasonable costs of each Pension Scheme in determining the liability of each Pension Scheme, if any, for the Equalisation Claim, whether by resolution of the U.K. Court, or by agreement between the Pension Scheme Trustees and the Debtors, together with the reasonable costs of each representative beneficiary involved in such process, such costs to be assessed, if not agreed, by the U.K. Court on the solicitor and client basis set out in Rule 48.8 of the Civil Procedure Rules of the U.K. Court;