Excess Assets means the amount by which, if at all, the Income Stabilization Fund of either GRS or PFRS is credited with assets in excess of its Estimated Future Liability.
Excess Assets means assets of the Trust in excess of one hundred and twenty-five per cent (125%) of the Funding Amount.
Excess Assets are assets of the trust exceeding one hundred twenty-five percent (125%) of the amounts described in subparagraphs (a), (b), (c) and (d) of 2.01-3.
Examples of Excess Assets in a sentence
The Parties agree that the proceeds raised from the sale of the Excess Assets shall be the property of the Seller.” Complaint is made that Mr. Stallard sold assets without agreement of Mrs.
More Definitions of Excess Assets
Excess Assets means, collectively, any Eligible Asset and Top-Up Asset forming part of the Cover Pool which are in excess for the purpose of satisfying the Tests.
Excess Assets has the meaning set forth in Section 8.6;
Excess Assets shall have the meaning specified in paragraph 6H(ii).
Excess Assets are assets of the Trust exceeding the sum of: one hundred twenty-five percent (125%) of the anticipated benefit obligations and administrative obligations that are to be paid under the Plans. MASTER TRUST AGREEMENT FOR RPM, INC. DEFERRED COMPENSATION PLAN(S) ================================================================================
Excess Assets means excess assets as defined in the Funding Policy.
Excess Assets means the assets of the Trust that exceed one hundred twenty-five percent (125%) of the sum of the aggregate liabilities to Plan participants and their beneficiaries pursuant to the terms of the Plans. Additionally, Company may request reimbursement from the Trust for any amounts paid directly by Company to Plan participants pursuant to Section 2(c) hereof by providing a certification of the amounts paid and satisfactory evidence of such payments to Trustee, and upon such request Trustee shall pay such amounts to Company from the Trust. Trustee may rely on such certification and evidence and shall have no obligation for otherwise verifying payment to the Plan participants.
Excess Assets means, while the Plan is ongoing, the amount, if any, by which, in the opinion of the Actuary and subject to Applicable Pension Laws, the going concern assets of the Fund which are not allocated to DC Participants' Accounts exceed the going concern actuarial liabilities in respect of DB Pension Benefits.