Withdrawal Liabilities definition

Withdrawal Liabilities means, as of any determination date, the aggregate amount of the liabilities, if any, pursuant to Section 4201 of ERISA if the Controlled Group made a complete withdrawal from all Multiemployer Plans and any increase in contributions pursuant to Section 4243 of ERISA.
Withdrawal Liabilities has the meaning specified in Part I of Subtitle E of Title IV of ERISA.
Withdrawal Liabilities means the amount of withdrawal liability as determined in accordance with Section 4201 of ERISA.

Examples of Withdrawal Liabilities in a sentence

  • No member of the ERISA Group nor any ERISA Affiliate, individually or collectively, has incurred, or reasonably expects to incur, Withdrawal Liabilities or liabilities upon the happening of a Termination Event the aggregate of which for all such Withdrawal Liabilities and other liabilities exceeds or would exceed $30,000,000.

  • All required contributions have been and will be made in accordance with the provisions of each Qualified Plan and Multiemployer Plan, and with respect to Borrower or any ERISA Affiliate, there are, have been and will be no material Unfunded Pension Liabilities or Withdrawal Liabilities.

  • Access to chemical toilets is at 1.6%, higher than the rate in Gauteng Province at 1.3 and lower than rate in South Africa of 5%.

  • All required contributions have been and will be timely made in accordance with the provisions of each Qualified Plan and Multiemployer Plan, and with respect to each of the Company, Parent, the Subsidiaries of Parent, the Guarantors, and each of their respective ERISA Affiliates, there are no, and have been no Unfunded Pension Liabilities in excess of $1,000,000 or Withdrawal Liabilities.

  • In the event that a withdrawing Employer has elected to have the liabilities for its Members transferred to a qualified successor plan, any excess of the Employer’s Notional Assets over the Employer’s Plan Withdrawal Liabilities shall be transferred to such qualified successor plan pursuant to Article XII, Section 7(B), but only to the extent that the Pentegra DB Plan determines that such transfer is permissible in accordance with IRC Section 414(l) and ERISA Section 4044 as of the DOW.


More Definitions of Withdrawal Liabilities

Withdrawal Liabilities means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.
Withdrawal Liabilities means the aggregate amount of the liabilities, if any, pursuant to Section 4201 of ERISA if the Borrower and each ERISA Affiliate made a complete withdrawal from all Multiemployer Plans and any increase in contributions pursuant to Section 4243 of ERISA.
Withdrawal Liabilities means liability to a Multiemployer Plan, as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.
Withdrawal Liabilities shall have the meaning given to such term under Part 1 of Subtitle E of Title IV of ERISA;
Withdrawal Liabilities shall have the meaning set forth in Section 3.17(g).
Withdrawal Liabilities has the meaning set forth in Section 4.10.
Withdrawal Liabilities means, as of any determination