Plan Administration Reserve definition

Plan Administration Reserve means the funds placed in the Plan Administration Account (and any subaccounts), the Miscellaneous Plan Administration Accounts, and any general accounts established by the Plan Administrator.
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Plan Administration Reserve means the necessary Cash to be reserved out of Estate Property and to be used to fund and satisfy the Plan Administration Operating Expenses; provided, however, any such sums not utilized to satisfy Plan Administration Operating Expenses shall be available to the Plan Administrator for distribution to holders of Allowed General Unsecured Claims.
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Examples of Plan Administration Reserve in a sentence

  • The Plan Administrator shall have the power to seek injunctive or other necessary or appropriate relief from the Bankruptcy Court to ensure that the funds in the Plan Administration Reserve are used only for the purposes specifically directed in this Plan and the Plan Administration Agreement.

  • Plan Funds” means, with respect to the Debtors’ Plan, the funds remaining from the Available Plan Sales Proceeds and the Distributable Cash, after the Debtors’ Plan Administrator has fully funded the Debtors’ Plan Administration Reserve, the Environmental Custodial Trust Administration Funding, the Environmental Custodial Trust Funding, the Litigation Expense Fund, the SCC Litigation Expense Fund, and the Residual Assets Liquidation Expense Fund.

  • If, upon the closing of the Debtors’ Chapter 11 Cases, there is a greater amount of Cash remaining in the Plan Administration Reserve than will be required for the Plan Administrator to dissolve each of the Debtors, the Plan Administrator shall distribute the Cash in excess of such dissolution expenses to LCPI on account of its DIP Financing Claim.

  • These costs shall be paid out of the Plan Administration Reserve.

  • The Plan Administration Reserve may be funded from time to time with additional Cash in an amount determined by the Plan Administrator, to be reasonably necessary to pay anticipated Plan Administration Operating Expenses, fund litigation, fund contingent liabilities, and otherwise conduct the affairs of the Plan Administrator.

  • The Plan Administrator shall have the power to seek injunctive or other necessary or appropriate relief from the Bankruptcy Court to ensure that the funds in the Plan Administration Reserve are used only for the purposes specifically directed in the Plan and the Plan Administration Agreement.

  • I looked back to why I first started lifting weights, and realized that this was something anyone could do to improve their health.Bodybuilders were typically loud, obnoxious, rude, and scared off individuals that just wanted to lift to realize the health benefits associated with it.

Related to Plan Administration Reserve

  • Administration Account As defined in Section 7.02.

  • Medication administration means the direct application of medications by injection, inhalation, ingestion, or any other means to an individual receiving services by (i) persons legally permitted to administer medications or (ii) the individual at the direction and in the presence of persons legally permitted to administer medications.

  • Participant Direction Procedures means such instructions, guidelines or policies, the terms of which are incorporated herein, as shall be established pursuant to Section 4.10 and observed by the Administrator and applied and provided to Participants who have Participant Directed Accounts.

  • Claims Administration means the processing of claims made under the Shared Policies, including the reporting of claims to the insurance carriers, management and defense of claims and providing for appropriate releases upon settlement of claims.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Plan Administrator means the plan administrator described in Article 8.

  • the We Love Manchester Emergency Fund means the registered charity of that name (number 1173260) established on 30th May 2017;

  • Administrative Safeguards are administrative actions, and policies and procedures, to manage the selection, development, implementation, and maintenance of security measures to protect electronic PHI and to manage the conduct of Contractor’s workforce in relation to the protection of that information.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Pension reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any retirement allowance or benefit in lieu of any retirement allowance, granted to a member or beneficiary under this chapter.

  • Equity Account Administrator means the brokerage firm utilized by the Company from time to time to create and administer accounts for participants in the Company’s equity plans and programs, including the Plan.

  • Administrative Staff means all persons employed by the University who are categorised in terms of the Statutes as members of the administrative staff;

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2022-2) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Recordkeeper means a “financial intermediary” as defined in Rule 22c-2 of the Investment Company Act.

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • Administrative penalty means a monetary fine imposed by the division for acts or

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Member Account means the regular account and the variable account.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Administrative Code means the San Francisco Administrative Code.