Plan Fund definition

Plan Fund means Cash to be set aside in an interest-bearing account following the Effective Date, in an amount sufficient to: (a) pay the reasonably anticipated expenses of the Liquidating Trust under the Liquidation Alternative, or (b) fulfill the Reorganized Debtor’s obligations under the Plan. The Cash in the Plan Fund shall not be used to pay for the pursuit of the Affirmative Claims or the Avoidance Actions.

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Plan Fund means such sums that the Debtor will contribute for payment of Allowed Claims under this Plan.

Plan Fund means the fund to be created pursuant to the

Examples of Plan Fund in a sentence

Any dividends declared upon an amount of insurance in force on the life of a Participant may, within the terms of the Insurance Policy, be applied to reduce the earliest premium due, purchase paid-up insurance coverage, accumulate under the policy to provide additional death benefits, or be credited to the Participant’s Account that is included in the Plan Fund.
If permitted under Item H(1) of the Additional Selections and Minor Modifications Addendum, a Participant may withdraw any part of his Vested Account as provided in Item H(1) of the Additional Selections and Minor Modifications Addendum, if the amounts being distributed have been held in the Plan Fund for at least two years subject to the limitations provided in Item H(1) of the Additional Selections and Minor Modifications Addendum.
Such an amendment shall not provide that the Plan Fund be used for any purpose other than the exclusive benefit of Participants or their Beneficiaries or that such Plan Fund ever revert to or be used by the Employer.

More Definitions of Plan Fund

Plan Fund means the assets of the Plan as the same shall exist from time to time. Prior to the Restatement Effective Date, the Plan Fund was invested exclusively in Contracts meeting the requirements of Code Section 403(a). On and after the Restatement Effective Date, the Plan Fund shall include a combination of (i) Contracts (which shall be deemed to be held in trust in accordance with Code Section 401(f)), and (ii) other Plan assets, including, by way of example, shares or units of mutual funds or other investment vehicles which shall be held in trust by the Trustee. Notwithstanding any other provision of the Plan, the Plan Fund, including all amounts of Deferred Compensation, all property and rights purchased with those amounts and all income attributable thereto, shall be held solely for the purposes set forth in this Plan.

Plan Fund means the total of the Investment Fund, the guaranteed benefit policy portion of any Annuity Contract, and the cash value of any Insurance Policy. The Investment Fund shall be valued as stated in its definition. The guaranteed benefit policy portion of any Annuity Contract shall be determined in accordance with the terms of the Annuity Contract and, to the extent that such Annuity Contract allocates contract values to Members, allocated to Members in accordance with its terms. The cash value of any Insurance Policy shall be stated in such policy. The total of all amounts held under the Plan Fund shall equal the value of the aggregate of Members' Accounts under the Plan.

Plan Fund or “Fund” means the assets held under any Custodial Agreement, which can be in the form of shares, cash or such other property the Plan deems eligible for acceptance and maintenance.

Plan Fund means the amounts to be contributed to the Plan by the Debtor from the sale of Units, after payment in full of all Allowed Secured Claims, administrative, and priority claims and in accordance with Exhibit A of this Plan.

Plan Fund means the following amounts, to be contributed to the Plan by Forest 495 and/or Howard Grant: (a) with respect to Howard Street: $10,000.00; (b) with respect to Forest Street: $10,000.00; and (c) with respect to East Main: $10,000.00.

Plan Fund means the total contributions made by the Employer and by all Employees pursuant to this Plan, increased by profits, gains, income and recoveries received, and decreased by losses, depreciation, benefits paid and expenses incurred but not paid by the Employer in the administration of the Plan. The term “Plan Fund” shall include all assets acquired by investment and reinvestment of the assets of the Plan Fund. The assets of the Plan Fund shall be held in trust or invested in insurance contracts or policies issued by an insurance company qualified to do business in a state or otherwise held by such an insurance company.

Plan Fund means the assets and investments of the Plan, described in Schedule 2 of the former Act as the Public Service Pension Plan Fund;