Purchaser Pension Plans definition

Purchaser Pension Plans has the meaning set forth in Section 6.6(e)(i).
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Purchaser Pension Plans shall have the meaning specified in ----------------------- Subsection 5.12.2 hereof.
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Purchaser Pension Plans has the meaning set forth in Schedule 5.6, Section 2.
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Examples of Purchaser Pension Plans in a sentence

  • Notwithstanding any other provision of this Agreement, the Seller Pension Plans shall continue to make all Benefit Payments to Other Plan Participants until both the Initial Transfer Amount and True-Up Amount have been transferred to the Purchaser Pension Plans.

  • Notwithstanding the foregoing, neither Purchaser nor the Purchaser Pension Plans shall assume such liabilities if Dynegy, Seller and the Seller Pension Plans do not comply in all material respects with the provisions of Section 6.2(a)(i) and (iv).

  • On the date each Transferred Employee becomes an employee of Purchaser, the Transferred Employee will commence participation in the employee pension benefit plans (within the meaning of section 3(2) of ERISA) maintained by Purchaser for its similarly situated employees in the United States (collectively the "Purchaser Pension Plans") upon the satisfaction of any eligibility requirements (other than waiting periods which shall be waived) as set forth in such Purchaser Pension Plans.

  • Except as otherwise required by law and as provided in Section 3.2.5, the holders of Series A Preferred shall be entitled to notice of any stockholders' meeting and to vote with the Common Stock and any other series of Preferred Stock having the right to vote generally as a single class upon any matter submitted to the stockholders for a vote.

  • Purchaser shall not amend the Purchaser Pension Plans, or permit the Purchaser Pension Plans to be amended, to eliminate any benefit accrued as of the Closing, whether or not vested, with respect to which liabilities are transferred pursuant to the foregoing provisions of this subsection (A), including any such benefit that is a "Section 411(d)(6) protected benefit" (as defined by Section 411(d)(6) of the Code and the regulations thereunder), except to the extent permitted by applicable Law.

  • After I receive the invitation, I read dozens of papers and documents related to the General Meeting Agenda and on the background of TUDCN, from ITUC on line website.

  • Purchaser shall not amend the Purchaser Pension Plans, or permit the Purchaser Pension Plans to be amended, to eliminate any benefit accrued as of the Closing, whether or not vested, with respect to which liabilities are transferred pursuant to the foregoing provisions of this subsection (A), including any such benefit that is a “Section 411(d)(6) protected benefit” (as defined by Section 411(d)(6) of the Code and regulations thereunder), except to the extent permitted by applicable Law.

  • The Accrued Benefit from the Purchaser Pension Plans, payable at Normal Retirement Date will be determined by calculating an “All Service” benefit, and subtracting the Accrued Benefit earned under the Seller Pension Plan as of the Closing Date payable at Normal Retirement Date (including all prior plan offsets).


More Definitions of Purchaser Pension Plans

Purchaser Pension Plans has the meaning set forth in Section 7.07(b).
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Related to Purchaser Pension Plans

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Canadian Pension Plans means each pension plan required to be registered under Canadian federal or provincial law that is maintained or contributed to by a Credit Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Pension Plans The meaning specified in Section 4.1(v).

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Canadian Pension Plan means any plan, program or arrangement that is a pension plan for the purposes of any applicable pension benefits legislation or any tax laws of Canada or a Province thereof, whether or not registered under any such laws, which is maintained or contributed to by, or to which there is or may be an obligation to contribute by, any Borrower or any Guarantor in respect of any Person’s employment in Canada with such Borrower or such Guarantor.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.