Insufficiency definition

Insufficiency means, with respect to any Plan, the amount, if any, of its unfunded benefit liabilities, as defined in Section 4001(a)(18) of ERISA.

Insufficiency means, with respect to any Plan, the amount, if any, ------------- of its unfunded benefit liabilities, as defined in Section 4001(a)(18) of ERISA.

Insufficiency means, with respect to any Plan, the amount, if any, by which the present value of the vested benefits under such Plan exceeds the fair market value of the assets of such Plan allocable to such benefits.

Examples of Insufficiency in a sentence

• Insufficiency of personnel shall not be an adequate excuse for delay by CONSULTANT or its consultants.

• Months which are characterized by any of the flow insufficiency criteria in Section 6.4.3 (Determination of Flow Insufficiency), shall be considered Insufficient Months.

• Upon receipt of each Annual Estimate and Insufficiency Notice, Seller shall determine whether the penal sum of the applicable Performance Bond should be adjusted and, within thirty (30) days of Purchaser’s receipt of written notice from Seller, Purchaser shall revise the penal sum of any Performance Bond as requested by Seller; provided, however, that the Seller shall not require the penal sum of a Performance Bond required by the TCEQ to be increased above the penal sum approved by the TCEQ.

• Subject to the exception for Insufficient Months as determined in Section 6.4 (Flow Insufficiency), the City shall maintain minimum flows at Newhalem gage which are the higher of flows specified in Appendix I (Fry Protection Flows at Newhalem Gage) or determined by Section 6.3.3.1 (Incubation Flows).

• Subject to the exception for Insufficient Months as determined pursuant to Section 6.4 (Flow Insufficiency), the City shall regulate spawning and incubation flows to provide protection of salmon redds and offspring as indicated below.

More Definitions of Insufficiency

Insufficiency means, with respect to any Plan, the amount, if any, of its unfunded benefit liabilities within the meaning of Section 4001(a)(18) of ERISA.

Insufficiency means, with respect to any Plan, the amount, if any, by which the present value of all vested and unvested accrued benefits under such Plan exceeds the fair market value of assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan using actuarial assumptions used in determining such Plan’s target normal cost for purposes of Section 430(b) of the Code.

Insufficiency means, with respect to any Plan, the amount, determined on a plan termination basis, if any, of its unfunded benefit liabilities, as defined in, and in accordance with actuarial assumptions set forth in, Section 4001(a)(18) of ERISA (excluding any accrued but unpaid contributions).

Insufficiency means, with respect to any Plan, the amount, if any, of a Plan’s accumulated benefit obligation (determined in accordance with GAAP) in excess of the Plan’s fair value of assets.

Insufficiency means, with respect to any Plan, the amount, if any, by which the present value of all vested and unvested accrued benefits under such Plan exceeds the fair market value of assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan using actuarial assumptions used in determining such Plan's normal cost for purposes of Section 412(b)(2)(A) of the Code.

Insufficiency means, with respect to any Plan, the amount, if any, by which its benefit liabilities, as defined in Section 4001(a)(16) of ERISA, determined using the actuarial assumptions used for funding purposes in the most recent actuarial report prepared for such Plan, exceeds the fair market value of such Plan’s assets.

Insufficiency means, with respect to any Plan, the amount, if any, of its unfunded benefit liabilities (as defined in Section 4001(a)(18) of ERISA).