Main Section definition

Main Section means the balance of the fund after deducting the amount attributable to the supplementary section.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Main Section means the sub-transmission that has the largest number of forward gears in a compound transmission;

Main Section means the Section which is created from the existing assets and liabilities as at 30 September 2020 pursuant to Rule 10.1(a) and into which the assets of each Transferring Section are transferred as at Centralisation. For the avoidance of doubt, where there are no Non-transferring Sections, the Rules will continue to refer to the Main Section notwithstanding that it comprises all of the assets and liabilities of the Scheme and that therefore the Scheme ceases to be a segregated scheme.

Examples of Main Section in a sentence

• For the avoidance of doubt, this shall not restrict NWPTL’s ability to determine any other buffer within the Main Section.

• NWPTL is the trustee of the Main Section of the Group Fund (the “Main Section”) among others.

• Biwater considers the position of the Main Section and Water Company Section creditors to be significantly improved as a result of the IPO, and the related payments to BRASS and the Water Section Guarantee are expected to see both sections being fully funded, or close to being fully funded on a scheme-specific funding basis.

• The SGPS currently has two sections - the Main Section, which closed to new entrants from 31 March 2009 and to future accrual on 30 April 2017, and the London Section, which is open to future accrual but closed to new entrants on 31 March 2010.

• II 7▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attn: G▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Email: g▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ With a copy (which shall not constitute notice) to: G▇▇▇▇▇▇▇ M▇▇▇▇▇ 4▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Fax No.: (▇▇▇) ▇▇▇-▇▇▇▇ Attn: D▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, Esq.

• The Bank and NWPTL shall work together to agree an appropriate level of Buy-in Buffer in conjunction with the actuarial valuation as at 31 December 2026 for the Main Section and alongside each successive triennial valuation, taking account of any changes to the Main Section’s residual risks at that time.

• No alteration, variation or suspension of any of the terms of this the Main Section or of a Schedule hereof including the alteration, variation or suspension of this clause 24, or any consents or cancellation hereof shall be of any force or effect unless reduced to writing and signed by all the Parties or their duly authorised representatives.

• The undersigned are authorized to enter this Plea Agreement on 18 behalf of ▇▇▇▇▇▇▇ as evidenced by the certification in the Commercial Register of 19 the Lower Court of Frankfurt am Main Section B, under the number 14500 for the 20 company Hoechst Aktiengesellschaft, attached to, and incorporated by reference in, 21 this Plea Agreement.

• Sep-22 BH015720 Boat Harbor Treatment Plant Transmission Force Main Section 2 The project consists of the on-land connection of Section 1 to the Nansemond Treatment Plant.

• Contributions shall continue to be paid into the Main Section as agreed at the 2020 Valuation until the date when the 2023 Valuation Schedule of Contributions takes effect.

More Definitions of Main Section

Main Section means the terms and conditions as set out in clauses 1 to 29 of this portion of the Agreement, as distinct from those contained in any Schedule.

Main Section means the Main Section (as defined in the Trust Deed and Rules) of the Group Fund. Member has the meaning set out in the Trust Deed and Rules.

Main Section means the Section which is created pursuant to the Trust Deed and into which the assets and liabilities of each Transferring Section are transferred on Centralisation in accordance with the Trust Deed;

Main Section means the Main Section (as defined in the Rules) of the Group Fund; Member has the meaning set out in the Rules; NatWest Pension Reservoir Trust means the trust to be established by a trust deed between the Bank and NWPTL (as beneficiaries) and a trustee to be selected and appointed by the Bank and NWPTL as Reservoir Trustee, which trust deed shall be materially in the form which is attached at Appendix 1 or such other form as the parties agree, acting reasonably;

Main Section means the part of the assets of BRASS known as the Main Section, and defined in the Rules as the Main Fund;