Examples of Overfunded Amount in a sentence
If United decides to merge such Plans, and the Parties agree that such merger can proceed in a timely manner, then the amount by which the Variable Plan is overfunded as of the effective date of such merger, as mutually determined by the Parties on a PBGC termination basis (the "Overfunded Amount"), shall be used to reduce on a dollar for dollar basis the face amount of the Senior Notes.
In the event that withdrawal of an Overfunded Amount requires the consent of a governmental entity or other third party consent that has not been obtained prior to Closing, Sellers may require Buyers to allow Sellers to withdraw and pay to Sellers, in cash, an amount equal to the Overfunded Amount promptly after the required consent is obtained.
Social rented housing refers to accommodation that is owned and managed by registered providers, either local authorities or housing associations.