Requirements definition
Examples of Requirements in a sentence
No Benefit Plan is “self-insured medical reimbursement plan” as defined in Section 105(h) of the Code or other applicable non-U.S. Legal Requirements.
Any loans or replacement securities issued in connection with a Refinancing will be offered first to the Collateral Manager and the Retention Holder, in such amount that the Collateral Manager or the Retention Holder has determined, in its sole discretion, is required for the U.S. Risk Retention Rules and EU/UK Risk Retention Requirements to be satisfied.
There are no Benefit Plans under which welfare benefits or coverage, including health, life or disability insurance, are provided to any participants beyond their retirement or other termination of service, other than coverage mandated by Code Section 4980B, Subtitle B of Title I of ERISA or similar state group health plan continuation Legal Requirements, the cost of which is fully paid by the eligible participants or their dependents.
Such security interests are, or in the case of Collateral in which any Grantor obtains rights after the date hereof, will be, perfected (if and to the extent perfection may be achieved through the Perfection Requirements other than the Perfection Exceptions), first priority security interests, subject in priority only to the Permitted Liens, and the recording of such instruments of assignment described above.
The compliance with the Perfection Requirements (subject to Perfection Exceptions) result in the perfection of such security interests.