Plan Toggle Event definition

Plan Toggle Event means a determination either by (i) the Bankruptcy Court or (ii) the Debtors and the Required Consenting Unsecured Creditors that Confirmation cannot be achieved solely as to either of the TopCo Debtors.
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Related to Plan Toggle Event

  • Plan 3 means the teachers' retirement system, plan 3

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Prior Plan Award means an award outstanding under the Prior Plan as of the Effective Date.

  • Reportable Event means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).