US Plans definition

US Plans means the chapter 11 plans of reorganization (including any exhibits, annexes and schedules thereto) for the U.S. Debtors that effectuate the Settlement, consistent with the terms of this Settlement and Support Agreement, as they may be modified or supplemented in accordance with their respective terms.
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US Plans means all Seller Plans that are maintained in or established under the laws of the United States of America, including each “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) and each “employee welfare benefit plan” (as such term is defined in Section 3(1) of ERISA) and “US Plan” means any one of them or the relevant one of them, as the context requires.
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US Plans shall have the meaning set out in paragraph 16.1(a) of Schedule 5 (The Sellers’ Warranties).
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Examples of US Plans in a sentence

  • All material contributions, reserves or premium payments to U.S. Plans, accrued to the date hereof have been made or provided for.

  • There are no pending or reasonably anticipated material claims against or otherwise involving any of the U.S. Plans and no suit, action or other litigation (excluding claims for benefits incurred in the ordinary course of Plan activities) has been brought against or with respect to any U.S. Plan.

  • No Reportable Event has occurred in the last five years as to any U.S. Plan, and the present value of all benefits under all U.S. Plans subject to Title IV of ERISA (based on those assumptions used to fund such U.S. Plans) did not, in the aggregate, as of the last annual valuation date applicable thereto, exceed the actuarial value of the assets of such U.S. Plans allocable to such benefits.

  • Each Plan (other than a Foreign Governmental Plan) maintained on behalf of individuals residing or working outside of the United States shall be referred to herein as a “Company Foreign Plan”, and together with the Company US Plans, the “Company Plans”.

  • The Company has provided or made available to Buyer copies of the U.S. Plans (and, if applicable, related trust agreements) and all amendments thereto together with the most recent annual reports (Form 5500 including, if applicable, Schedule B thereto).


More Definitions of US Plans

US Plans means all Company Plans, excluding Company Plans not subject to the Laws of the United States of America.
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US Plans is defined in Section 4.13(a).
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US Plans has the meaning assigned by Section 3.12(a).
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US Plans shall have the meaning set forth in Section 5.10(a) hereof.
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US Plans has the meaning set forth in Section 4.15(o) below.
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US Plans has the meaning set forth in Section 2.20(a)(iii).
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US Plans has the meaning set forth in Section 3(y)(ii) below.
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