Funded Pension Plan definition

Funded Pension Plan means the “Retirement Plan for Employees of Avista Corporation”, as outlined under the terms and provision of the plan document as in effect at the time of the Employee’s Separation from Service.
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Funded Pension Plan means a Plan that (a) covers any employee of the Borrower and/or the Subsidiaries or that the Borrower otherwise has sponsored or maintained or to which the Borrower and/or the Subsidiaries has made any contributions within five (5) years preceding the date of this Agreement and (b) is subject to the minimum funding standards of Section 301 et seq. of ERISA.
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Funded Pension Plan means the Retirement Plan for Employees of Avista Corporation.
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Examples of Funded Pension Plan in a sentence

  • The liability of the Authority with respect to the Funded Pension Plan and Disability Allowance shall be limited to making the required contributions provided by this subsection.

  • The "Pension Surplus Amount" shall, with respect to any Funded Pension Plan, be an amount (in no case less than zero), if any, equal to (I) the Pension Assets of such plan minus (II) the Pension Liabilities of such plan; provided that with respect to the D-R Defined Benefit Plan, the Pension Surplus Amount shall not take into account Pension Assets in excess of 103% of Pension Liabilities.

  • An employee who becomes totally and permanently disabled as defined in the Funded Pension Plan document, substantiated by medical evidence, shall be granted a disability pension if the employee has completed at least ten (10) years of continuous service with the Authority.

  • The latest actuarial valuation of each Funded Retirement Plan discloses that, as of the effective date of the valuation, the aggregate value of the assets of that Funded Pension Plan is equal to or greater than the aggregate value of its liabilities assessed on an ongoing and terminated basis and calculated in accordance with the actuarial methods and assumptions used in such valuation pursuant to the applicable Funded Pension Plan and applicable Legal Requirements.

  • Implants were introduced in Guinea in 2011, and service statistics show uptake in only CMC Ratoma with a total of only four PAC acceptors (Table 5).

  • Promptly following receipt of such payment, Buyers agree to promptly fund, subject to applicable Law, the amount of such Pension Deficiency into each Funded Pension Plan for which a Pension Deficiency Amount exists, in the proportion that each such Funded Pension Plan's Pension Deficiency Amount bears to the aggregate Pension Deficiency Amounts for all such Funded Pension Plans with Pension Deficiency Amounts.

  • Employees hired as of March 24, 2013 and after will participate in the Member Funded Pension Plan.

  • As promptly as practical following the Closing Date, ▇▇▇▇▇▇ ▇▇▇▇▇ & Company (the "Designated Actuary") shall calculate the Pension Deficiency (as defined below) (and will calculate Pension Deficiency Amounts, Pension Surplus Amounts, Pension Assets and Pension Liabilities with respect to each Funded Pension Plan (as those terms are defined below)).

  • By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: SVP, Head of M&A and Corp Dev.


More Definitions of Funded Pension Plan

Funded Pension Plan means a Pension Plan under which the assets to satisfy the benefit obligations are legally segregated from the general assets of the employer and are not subject to the creditors of the employer or its Subsidiaries and Affiliates.
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