Tier 2 definition

Tier 2. Wire Centers are those Embarq Wire Centers that are not Tier 1 Wire Centers but contain at least three (3) Fiber-based Collocators, at least 24,000 Business Lines, or both. Once a Wire Center is determined to be a Tier 2 Wire Center, that Wire Center is not subject to later reclassification as a Tier 3 Wire Center.

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Tier 2 means the retirement plan established pursuant to section 401(k) of the internal revenue code that is available to qualified participants under sections 50 to 69.

Tier 2 means the state of Michigan 457 plan established under section 457 of the internal revenue code, 26 USC 457, for elective employee contributions and the state of Michigan 401(k) plan established under section 401(k) of the internal revenue code, 26 USC 401, for employer contributions.

Examples of Tier 2 in a sentence

• Upon the occurrence of a Tier 2 Capital Event, a Tax Event or an Investment Company Event, the Company may redeem this Subordinated Note, subject to Section 4(f) (Regulatory Approvals) hereof, in whole or in part at any time, upon giving not less than 10 days’ notice to the holder of this Subordinated Note at an amount equal to 100% of the outstanding principal amount being redeemed plus accrued but unpaid interest, to but excluding the redemption date.

• In addition, the Company may redeem all or a portion of the Subordinated Notes, at any time upon the occurrence of a Tier 2 Capital Event, Tax Event or an Investment Company Event.

• This Subordinated Note shall not be redeemable by the Company in whole or in part prior to December 15, 2030, except in the event of a: (i) Tier 2 Capital Event (as defined below); (ii) Tax Event (as defined below); or (iii) Investment Company Event (as defined below).

More Definitions of Tier 2

Tier 2 means an area that is not a Tier 1 area or a Tier 3 area.

Tier 2 means the retirement plan established pursuant to the internal revenue code that is available to qualified participants under article VII.

Tier 2 means the retirement plan established pursuant to the internal revenue code that is available to qualified participants under sections 61 to 80.

Tier 2 means groundwater consumed in excess of the Tier 1 Penalty Allocation.

Tier 2 means the retirement plan established pursuant to section 401(k) of the internal revenue code, 26 USC 401, that is available to qualified participants under sections 62 to 74.

Tier 2 means a minimum download speed of greater than or equal to twenty-five megabits per second but less than fifty megabits per second.

Tier 2 and "Tier 3"; the awarded shares with respect to the Tier 1 Award, the "Tier 1 Awarded Shares," the awarded shares with respect to the Tier 2 Award, the "Tier 2 Awarded Shares," the awarded shares with respect to the Tier 3 Award, the "Tier 3 Awarded Shares," and, together, the "Awarded Shares") subject to the restrictions and other terms and conditions set forth herein;