Unfunded Vested Accrued Benefits means, with respect to any Plan at any time, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Plan exceeds (b) the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan.
Unfunded Vested Accrued Benefits means, with respect to any Benefit Plan at any time, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan exceeds (b) the fair market value of all Benefit Plan assets allocable to such benefits, as determined using such reasonable actuarial assumptions and methods as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit Plan.
Unfunded Vested Accrued Benefits means with respect to any Benefit Plan subject to Title IV of the ERISA , amount at any time by which
Examples of Unfunded Vested Accrued Benefits in a sentence
Permit, or take any action which would result in, the aggregate present value of the Unfunded Vested Accrued Benefits under all Benefit Plans of the Borrower to exceed $0.
Permit, or take any action which would result in, the aggregate present value of the Unfunded Vested Accrued Benefits under all Benefit Plans of the Borrowers to exceed $0.
Permit, or take any action which would result in, the aggregate present value of the Unfunded Vested Accrued Benefits under all Benefit Plans of Borrower to exceed $0.
Unfunded Vested Accrued Benefits means with respect to any employee benefit plan of a Person at any time, the amount (if any) by which the present value of all vested nonforfeitable accrued benefits under such employee benefit plan exceeds the fair market value of all employee benefit plan assets allocable to such benefits, all determined as of the then most recent valuation date for such employee benefit plan, using the actuarial assumptions in effect under such employee benefit plan.
Take any action which would cause any Unfunded Vested Accrued Benefits under any Plan of the Borrower to exist.
More Definitions of Unfunded Vested Accrued Benefits
Unfunded Vested Accrued Benefits means with respect to any Plan at any time, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Plan EXCEEDS (b) the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan.
Unfunded Vested Accrued Benefits means at any time, with respect to any Benefit Plan that is a pension plan within the meaning of Section 3(2) of ERISA, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan exceeds (b) the fair market value of all such Benefit Plan assets allocable to such benefits, as determined using such reasonable actuarial assumptions and methods as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit Plan.
Unfunded Vested Accrued Benefits means with respect to any Benefit Plan that is a pension plan within the meaning of Section 3(2) of ERISA, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan EXCEEDS (b) the fair market value of all such Benefit Plan assets allocable to such benefits, as determined using such reasonable actuarial assumptions and methods as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit Plan.
Unfunded Vested Accrued Benefits means, with respect to any Benefit Plan
Unfunded Vested Accrued Benefits means, with respect to any Benefit Plan subject to Title IV of ERISA, at any time, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan exceeds (b) the fair market value of all Benefit Plan assets allocable to such benefits, as determined using reasonable actuarial assumptions and methods as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit )Plan.
Unfunded Vested Accrued Benefits means at any time, with respect to any Benefit Plan that is a pension plan within the meaning of Section 3(2) of ERISA (other than any such plan that is not intended to be a "qualified plan" under Code Section 401(a)), the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan exceeds (b) the fair market value of all such Benefit Plan assets allocable to such benefits, as determined using the valuation date and such reasonable actuarial methods and valuation liability interest rate and other assumptions as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit Plan.
Unfunded Vested Accrued Benefits means at any time, with respect to any Benefit Plan that is a pension plan within the meaning of Section 3(2) of ERISA that is subject to Title IV of ERISA, the amount (if any) by which (a) the present value of all vested nonforfeitable benefits under such Benefit Plan exceeds (b) the fair market value of all such Benefit Plan assets allocable to such benefits, as determined using the valuation date and such reasonable actuarial assumptions and methods as are specified in the Schedule B (Actuarial Information) to the most recent Annual Report (Form 5500) filed with respect to such Benefit Plan.