TPFC definition
Examples of TPFC in a sentence
The equivalent actuarial value shall be determined by the actuary selected by Cleveland-Cliffs based on the 1971 TPF&C Forecast Mortality Table set back one year, the Pension Benefit Guaranty Corporation interest rate for immediate annuities then in effect, and other factors then in effect for purposes of the Pension Plan.
The Investor shall have received true, correct and complete copies of the Company's final 1997 reserve reports (including any revisions) prepared and certified by TPF&C, which reports shall not differ in any material respect from the Draft Reserve Report provided to the Investor on or about February 20, 1998.
In determining this annual amount, this balance shall be converted to an annuity-certain for a period equal to the Executive's life expectancy, using the 1971 TPF&C Forecast Mortality Table (set back two years) and an 8 percent interest rate; and For purposes of determining the Executive's employment with the Company and the Affiliated Companies under subsection (a), all service with the Company and the Affiliated Companies shall be taken into account.
Each member of the TPFC Group hereby irrevocably designates and appoints SunTrust as TPFC Agent hereunder and under the other Transaction Documents to which the TPFC Agent is a party , and authorizes the TPFC Agent to take such action on its behalf under the provisions of the Transaction Documents and to exercise such powers and perform such duties as are expressly delegated to the TPFC Agent by the terms of the Transaction Documents, together with such other powers as are reasonably incidental thereto.
Assignment clause below, Verizon reserves the right to assign certain of its rights, remedies and obligations with respect to a System to the TPFC including the right to exercise remedies contained therein directly against Customer.
Borrower hereby transfers to the Administrative Agent and, if applicable, the TPFC Agent for the benefit of the Agents and the Lenders, effective when the Administrative Agent or, if applicable, the TPFC Agent delivers such Collection Notices, the exclusive ownership and control of each Lock-Box and the Collection Accounts.
Notwithstanding such assignment, ▇▇▇▇▇▇▇ will continue to interact directly with Customer on behalf of the assignee TPFC, subject to the provisions of the Events of Default clause below becoming operative.
The Administrative Agent and, if applicable, the TPFC Agent are each authorized at any time after the occurrence of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices.
If the Employer maintains or has ever maintained one or more defined benefit plans which have covered or could cover a Participant in this Plan, complete the following: Present Value: For purposes of establishing Present Value to compute the Top-Heavy Ratio, any benefit shall be discounted only for mortality and interest based on the following: Interest rate 6 % Mortality table 1971 TPF&C Mortality Table without setback & used for both men and women 15.