Tricon definition

Tricon means Tricon Global Restaurants, Inc., a North Carolina corporation.
Tricon means any plan, policy, program, payroll practice, on-going arrangement, contract, trust, insurance policy or other agreement or funding vehicle, whether written or unwritten, providing benefits to employees, or former employees of the PepsiCo Group or the TRICON Group, as applicable.
Tricon includes a reference to another member of the TRICON Group, TRICON shall be responsible to PepsiCo for ensuring that the other member of the TRICON Group complies with the applicable terms of this Agreement and the Transferred Individuals allocated to such member of the TRICON Group shall have the same rights and entitlements to benefits under the applicable TRICON Health and Welfare Plans that the Transferred Individual would have had if he or she had instead been allocated to TRICON.

Examples of Tricon in a sentence

  • If Applicant, after approval, chooses to revoke the application, Tricon will retain the application fees and holding fees.

  • Rental History – Tricon American Homes takes into consideration the Applicant’s positive rental history (as defined below) for the prior two (2) years in approving or deny their application.

  • Kennametal Extrude Hone Corporation Kennametal Tricon Metals & Services, Inc.

  • In this case, Tricon shall defer to such local laws to follow occupancy guidelines.

  • This Agreement amends and restates the Tricon Purchasing Coop Agreement dated March 1, 1999, as previously amended on January 25, 2001 and as further amended on March 16, 2005.


More Definitions of Tricon

Tricon shall include a reference to another member of the TRICON Group when and to the extent TRICON has caused the other member of the TRICON Group to (a) become a party to a vendor contract, group insurance contract, HMO agreement, letter of understanding or arrangement associated with a TRICON Health and Welfare Plan, (b) become a self-insured entity for the purposes of one or more TRICON Health and Welfare Plans, (c) assume all or a portion of the Liabilities or administrative responsibilities for benefits which arose before the Close of the Distribution Date under a PepsiCo Restaurant Health and Welfare Plan and which were expressly assumed by TRICON pursuant to this Agreement, or (d) take any other action, extend any coverage, assume any other Liability or fulfill any other responsibility that TRICON would otherwise be required to take under the terms of this Article 5, unless it is clear from the context that the particular reference is not intended to include another member of the TRICON Group. In all such instances in which a reference in this Article 5 to "TRICON" includes a reference to another member of the TRICON Group, TRICON shall be responsible to PepsiCo for ensuring that the other member of the TRICON Group complies with the applicable terms of this Agreement and the Transferred Individuals allocated to such member of the TRICON Group shall have the same rights and entitlements to benefits under the applicable TRICON Health and Welfare Plans that the Transferred Individual would have had if he or she had instead been allocated to TRICON.
Tricon. LTD VEBA" means the welfare benefit fund to be established by TRICON pursuant to Section 5.2 that corresponds to the PepsiCo LTD VEBA.
Tricon means Arantine Hills Equity LP, a Delaware limited partnership, and its permitted Transferees under this Agreement. 19
Tricon means the Borrower and its Subsidiaries under the applicable Core Business Vertical as the context requires. (264) “Tricon Holdings USA” means Tricon Holdings USA LLC, a Delaware limited liability company. (265) “Tricon PIPE” means Tricon PIPE LLC, a Delaware limited liability company. (266) “Tricon US Rental Canada” means Tricon US Rental Canada Inc., an Ontario corporation. (267) “Tricon Vantage Program” means, collectively, a suite of programs and services tailored to enhance Tricon residents’ financial well-being. (268) “Unadjusted US Benchmark Replacement” means the applicable US Benchmark Replacement, excluding the related US Benchmark Replacement Adjustment. (269) “US Advisers Act” has the meaning given to it in Section 1.1(291). (270) “US Available Tenor” means, as of any date of determination and with respect to the then-current US Benchmark, as applicable, (x) if the then-current US Benchmark is a term rate, any tenor for such US Benchmark (or component thereof) that is or may be used for determining the length of a Contract Period pursuant to this Agreement or (y) otherwise, any payment period for interest calculated with reference to such US Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference to such US Benchmark, in each case, as of such date, and not including, for the avoidance of doubt, any tenor for such US Benchmark that is then-removed from the definition of “Contract Period” pursuant to Section 3.18(4). (271) “US Base Rate” means, with respect to a USBR Loan on any day, the greater of:
Tricon has the meaning given to such term in the recitals hereto;
Tricon means Tricon Capital Group Inc., a corporation incorporated under the laws of the Province of Ontario.
Tricon shall have the meaning given to it in the recitals to this Agreement.