Parent Savings Plan definition

Parent Savings Plan means the U.S. Bancorp 401(k) Savings Plan as in effect as of the time relevant to the applicable provision of this Agreement.

Parent Savings Plan means the Equitrans Midstream Corporation Employee Savings Plan.

Parent Savings Plan means the Arconic Salaried Retirement Savings Plan, as Amended and Restated effective January 1, 2015 and the Arconic Bargaining Retirement Savings Plan, as amended and restated effective January 1, 2015.

Examples of Parent Savings Plan in a sentence

• From February 25, 2020 until the date of this Agreement, no additional equity interests of Parent have been issued, other than Parent Shares issued in connection with or pursuant to the Parent Equity Plans, the Parent Savings Plan or the Parent Dividend Reinvestment and Stock Purchase Plan.

• All outstanding equity securities of Parent are, and all Parent Shares issuable pursuant to the Parent Equity Plans, the Parent Savings Plan or the Parent Dividend Reinvestment and Stock Purchase Plan, when issued in accordance with the respective terms thereof, will be, duly authorized, validly issued, fully paid and nonassessable and free of preemptive rights.

• Furthermore the fees and commission income and expenses increased by EUR 2 million due to the origination of mortgages for Achmea Pensioen & Leven N.V.

• Buyer agrees to cause the Buyer US Savings Plan to accept the rollover of any Transferred Employee’s account balance in cash or a note (in the case of a participant loan) in an amount equal to the eligible rollover distribution portion of the account balance distributed to each such Transferred Employee from the Parent Savings Plan to the Buyer US Savings Plan effective as of the Closing Date in accordance with applicable requirements of the Code and the terms and conditions of the Buyer US Savings Plan.

• As of the Operational Separation Date, UpstreamCo shall establish the UpstreamCo Savings Plans, each of which shall initially have substantially the same terms as those of the corresponding Parent Savings Plan as in effect immediately prior to the Operational Separation Date.

More Definitions of Parent Savings Plan

Parent Savings Plan shall have the meaning set forth in Section 3.15 hereof.

Parent Savings Plan means the tax-qualified retirement plan maintained by Parent, for the benefit of employees of Parent and its Affiliates, which is intended to satisfy the requirements of Sections 401(a), 401(k) and 401(m) of the Code.

Parent Savings Plan has the meaning specified in Section 2.13(b).

Parent Savings Plan means The Pepco Holdings, Inc. Retirement Savings Plan, as in effect immediately prior to the Closing.

Parent Savings Plan has the meaning ascribed to it in Section 2.04(b) of this Agreement; “Parent U.S. Welfare Plans” has the meaning ascribed to it in Section 2.05(b) of this Agreement;

Parent Savings Plan is defined in Section 5.7.4.

Parent Savings Plan means, the Parent employee savings plans and any other Benefit Plan maintained by any member of the Parent Group in which Energy Supply Employees participate immediately before the Separation Time and that are intended to satisfy the requirements of Sections 401(a) and 401(k) of the Code.