Stand-Alone Plan definition

Stand-Alone Plan means any plan of reorganization or plan of liquidation for which the Investor or an Affiliate of the Investor is not the sponsor, including without limitation any such plan for which any of the Companies is the sponsor or there is no sponsor.

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Stand-Alone Plan means each benefit or compensation plan, program, policy, or arrangement currently or formerly maintained for the exclusive benefit of all or some Individuals with respect to the Company or the applicable Distributed Company.

Stand-Alone Plan means each of the GTE California Incorporated Plan for Hourly-Paid Employees’ Pensions, the GTE Florida Incorporated Plan for Hourly-Paid Employees’ Pensions, the GTE North Incorporated Pension Plan for Hourly-Paid Employees of Wisconsin, the GTE North Incorporated Pension Plan for Hourly-Paid Employees of Ohio, the GTE North Incorporated Pension Plan for Hourly-Paid Employees of Michigan, the GTE North Incorporated Pension Plan for Hourly-Paid Employees of Illinois, the GTE Northwest Incorporated Plan for Hourly-Paid Employees’ Pension (Washington, Oregon and Idaho), the GTE South Incorporated (Southeast) Plan for Hourly-Paid Employees’ Pensions (North Carolina and South Carolina), the GTE Southwest Incorporated Plan for Hourly-Paid Employees’ Pensions (Arizona and Nevada), and the GTE Supply Pension Plan for Union Represented Employees (including as components the GTE Midwest Incorporated Plan for Hourly-Paid Employees’ Pensions and the GTE North Incorporated Pension Plan for Hourly-Paid Employees of Indiana (Indiana, Illinois, Michigan, Ohio and Wisconsin)).

Examples of Stand-Alone Plan in a sentence

• Consistent with the principles set forth in Article II and except as otherwise specifically provided herein, effective no later than the Close of the Distribution Date, Spinco or a member of the Spinco Group shall become plan sponsor of and assume all Liabilities with respect to any Executive Program that is a Spinco Stand-Alone Plan and shall assume and be solely responsible for all Liabilities to or relating to Transferred Individuals under all NSI Executive Programs.

• To the extent permitted under any applicable indemnity, health maintenance organization or stop-loss contracts, any newly established health plans will waive waiting periods, pre-existing conditions to the extent waived or satisfied under the applicable Stand-Alone Plan, and credit deductible/copayments satisfied by Employees, if any, who are transferring among the respective employers in connection with the Distributions.

• Any Seller may in its sole discretion enter into a definitive agreement with respect to such Acquisition Proposal or Stand-Alone Plan and Sellers may terminate this Agreement prior to or after entry into such a definitive agreement.

• ESI Stand-Alone Plan: means each benefit or compensation plan, program, policy or arrangement maintained for the exclusive benefit of all or some ESI Individuals including, but not limited to, those set forth on Schedule B hereto.

• The Board will have the right to terminate the Investment Agreement in connection with entering into definitive agreements with respect to an Alternative Investment, an Alternative Majority Investment or an Alternative Transaction or to pursue an Alternative Stand-Alone Plan, subject to the Debtor’s obligations under Break-up Fee and Expense Reimbursement below.

More Definitions of Stand-Alone Plan

Stand-Alone Plan means a plan of reorganization sponsored by a Person other than Purchaser or Guarantor which the Board of Directors of ASARCO determines (after consultation with its legal and financial advisors and the Creditor Constituents) in good faith would, if consummated and taking into account all factors deemed relevant by the Board of Directors of ASARCO, be more favorable to ASARCO and its stakeholders than the transactions 15

Stand-Alone Plan as defined in Section 2.10.1.

Stand-Alone Plan means an Employee Benefit Plan that is maintained solely for the benefit of employees of an Existing ENI Subsidiary, a Company

Stand-Alone Plan a plan of reorganization for Seller that does not involve a Qualified Bid; Subsidiaries: as to any Person, a corporation, partnership, limited liability company or other entity of which fifty percent (50%) or more of the voting power of the outstanding voting equity securities or fifty percent (50%) or more of the outstanding economic equity interest is held or controlled, directly or indirectly, by such Person; Tax: any income, unrelated business income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, privilege, premium, windfall profits,

Stand-Alone Plan has the meaning set forth in Section 7.4(b).

Stand-Alone Plan means a plan of reorganization for Sellers that does not involve a Qualified Bid. Straddle Period means any taxable period beginning on or before the Closing Date and ending after the Closing Date.

Stand-Alone Plan means a plan of reorganization sponsored by a Person other than Purchaser or Guarantor which the Board of Directors of ASARCO determines (after consultation with its legal and financial advisors and the Creditor Constituents) in good faith would, if consummated and taking into account all factors deemed relevant by the Board of Directors of ASARCO, be more favorable to ASARCO and its stakeholders than the transactions contemplated by this Agreement; provided, however, that, for purposes of the stand-alone plan proposal only, any costs or benefits of any claims which may be made against Purchaser or Guarantor under the Original PSA shall be excluded from the analysis of such stand-alone plan.