Interchange Company definition

Interchange Company means any Company during that period of time for which it maintains or participates in an Interchange Company Plan subject to an Interchange Agreement.
Interchange Company means a company, other than an Affiliated Employer, which is identified in an Interchange Agreement as a company with respect to which service credit will be recognized under this Plan.
Interchange Company means a company, other than a Participating Company, which is a party to an Interchange Agreement and any affiliate or subsidiary of such company identified in that Interchange Agreement.

Examples of Interchange Company in a sentence

  • The same transfer of service credit provisions contained in interchange agreements presently in existence under the Pension Plan, or as they may be amended from time to time, by and between the Company, on behalf of all Participating Companies, and any Interchange Company shall apply to the transfer of service credit for purposes of this Plan.

  • A Participant's Vesting Years shall include any period of service with an Interchange Company to the extent provided in an Interchange Company Agreement.

  • This Plan is also subject to certain Interchange Agreements governing the portability of credits for Service and the transfer of benefits on behalf of Employees who during their careers work both for an Employer and for an Interchange Company.

  • Notwithstanding the foregoing, the account balance of a Participant who transfers to an Interchange Company or changes employment pursuant to the Mandatory Portability Agreement within 30 days of his termination of employment from the Company shall not be forfeited as a result of such transfer or change.

  • However, if a Participant transfers to an Interchange Company on a Rotational Assignment, he may only elect to receive a distribution or defer receipt of his benefits.

  • Effective as of any date on or after the Participation Commencement Date, any other Lucent Entity that becomes a Participating Company in the AT&T Pension Plans pursuant to Section 2.2 may, at its request and with the consent of AT&T (which shall not be unreasonably withheld), become an Interchange Company.

  • The term " Interchange Company" shall have the same meaning as is attributed to such term under the Pension Plan.

  • If an Employee transfers to or from an Interchange Company and the applicable Interchange Agreement so provides, Vesting Eligibility Years shall include years of vesting service recognized under the Plan of the Interchange Company.

  • Effective as of the Participation Commencement Date, AT&T shall designate Lucent as, and Lucent shall become, an Interchange Company under the MPA, with all the applicable rights and obligations of such an Interchange Company.

  • Upon the transfer of the Participant's accrued benefit to the plan of the Interchange Company, he shall not be entitled to any further benefits under this Plan.


More Definitions of Interchange Company

Interchange Company means a company, other than a Participating Company, that is a party to an Interchange Agreement and any subsidiary of such company (that participates in a defined benefit pension plan maintained by any such company or with respect to which such company has an interchange agreement comparable to an Interchange Agreement), but only so long as the Interchange Agreement is in force and effect. Notwithstanding any other provision of the Plan, any reference to a person employed by an Interchange Company (or any similar reference) shall be limited to employees covered by the Interchange Agreement.
Interchange Company means a company, other than a Participating Company which is a party to the Interchange Agreement, and any subsidiary or affiliate of such company identified in the Interchange Agreement, but only so long as the Interchange Agreement is in full force and effect. Notwithstanding any other provision of the Plan, any reference to a person employed by an Interchange Company (or any similar reference) shall be limited to employees covered by the Interchange Agreement.
Interchange Company means a company, other than a Participating Company, which is a party to an Interchange Agreement.
Interchange Company means a company that is a party to an Interchange Agreement, but only so long as such Interchange Agreement is in force and effect. Any Company or other Affiliate that was not an Interchange Company prior to December 1, 2001 shall not become an Interchange Company solely due to the merger of the Products Plan with and into the Enterprises Plan on November 30, 2001.
Interchange Company means a company, other than

Related to Interchange Company

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  • Change Control Process has the meaning set forth in Section 2(B) of the Agreement.

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  • Securities and Exchange Commission means the United States Securities and Exchange Commission.

  • State Information Commission means the State Information Commission constituted under sub-section (1) of section 15;

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  • AMC means Annual Maintenance Contract

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  • Local health department means the same as that term is defined in Section 26A-1-102.

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  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions or mutations thereof or related or associated epidemics, pandemic or disease outbreaks.

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  • Fire Department means an organized fire department as that term is defined in section 1 of the fire prevention code, 1941 PA 207, MCL 29.1.

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