Underfunded Pension Plans definition
Underfunded Pension Plans means the Retirement Pension Plan for Employees of JPS Industries, Inc.
Examples of Underfunded Pension Plans in a sentence
Other than as disclosed or reserved for in financial statements delivered on or prior to the date hereof to Bank, no Borrower nor any Subsidiary nor (to the knowledge of any Borrower) any Guarantor has any direct or contingent obligations or liabilities (including any guarantees or leases) or any material unrealized or anticipated losses from any commitments of such Person except with respect to (i) the Underfunded Pension Plans and (ii) as described on Exhibit 4.3 (if any).