Transferred Pension Assets definition

Transferred Pension Assets means the transferred assets of the non-U.S. pension plans listed on Schedule A-(xvii) of the Sphinx Disclosure Letter on account of the Foreign Continuing Employees participating in such plans.
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Transferred Pension Assets means the assets of the Hourly Pension Plan which are transferred to Purchaser’s Hourly Pension Plan pursuant to Section 5.5.
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Transferred Pension Assets means (without duplication) the sum of (x) the assets of the Seller Retirement Plans that are transferred to Business Retirement Plans pursuant to, and in accordance with, Section 6.6(x) and (y) the assets held in or by the Business Retirement Plans which are transferred or contributed to such plans by Seller or its Subsidiaries pursuant to, and in accordance with, Section 6.6(x).
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Examples of Transferred Pension Assets in a sentence

  • Notwithstanding anything herein to the contrary, any Transferred Non-U.S. Seller Pension Plan, Transferred Pension Liabilities and Transferred Pension Assets relating to such portion of the Business that is subject to a Local Offer Letter shall transfer or be assumed, as applicable, only upon acceptance of such Local Offer Letter by the applicable Excepted Selling Corporation.

  • The Buyer shall have the right to appoint an independent actuary (the "Buyer's Actuary") for the purposes of verifying the free portability calculation of the Transferred Pension Assets, referenced in paragraph 2.a. herein, by the Seller's Actuary (excluding the amounts agreed upon by Buyer and Seller set forth in attachments 1 and 3 of this Exhibit E).

  • The parties shall use their commercially reasonable efforts to provide that the Transferred Pension Liabilities and the Transferred Pension Assets consist solely of the assets and liabilities in respect of Employees and Former Employees.

  • Pension Calculation Principles Solely for the purposes of the determination of the Net Pension Liabilities and the amount of Transferred Pension Liabilities and Transferred Pension Assets described in Section 4.12(q), the following principles apply.

  • In 1991 she assisted with the system-wide implementation of the Innovative Interfaces ILS, and oversaw the migration to the Millennium platform beginning in 1999.

  • The Seller and the Buyer shall promptly, after the Closing Date, effect the transfer of the Transferred Pension Assets to the Buyer's Plan as contemplated by this Exhibit E, and in compliance with applicable Swiss law.

Related to Transferred Pension Assets

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Transferred Permits has the meaning set forth in Section 1.1(b).

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • personal pension scheme means a personal pension scheme which--

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • 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.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Employer Contributions means all amounts paid into ASRS by an

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).