PBGC Agreement definition

PBGC Agreement means that certain agreement dated November 22, 1994, by and among the Pension Benefit Guaranty Corporation, Ampex, Hillside Capital Incorporated and SHI, among other parties.

PBGC Agreement means that certain term sheet by and among AB Acquisition LLC, the Borrower and the PBGC, dated January 9, 2013, and any subsequent agreement entered into pursuant thereto.

PBGC Agreement has the meaning given such term in the Recitals.

Examples of PBGC Agreement in a sentence

• The PBGC Agreement, the PBGC Guaranty and the CGI Side Letter are hereby terminated in their entirety and shall be void and of no further force or effect.

• Upon and after Closing, Sellers shall not use or disburse any of the proceeds of the sale of the Purchased Assets in contravention of the terms of the PBGC Agreement.

• The Debtors, New LINC and the Reorganized Debtors, as applicable, are authorized to take all actions provided for in the PBGC Agreement.

• Hillside asserts that, pursuant to the PBGC Agreement and the HSA Agreement (defined below), Ampex retained primary responsibility to fund the Required Contributions and that Hillside, pursuant to the PBGC Agreement, became responsible to provide back-up funding for the Required Contributions.

• Although no PBGC Agreement has yet been reached, as part of any PBGC Agreement that may be ultimately reached, GM may agree to make a cash payment to the PBGC and/or assume all or some portion of the net underfunded liability of Delphi’s hourly pension plan.

More Definitions of PBGC Agreement

PBGC Agreement means (i) initially, the Memorandum of Understanding dated January 3, 2000 between the Borrower and the PBGC concerning certain of the Borrower's Pension Plans and (ii) from and after the execution of definitive documentation thereafter entered into between the Borrower on substantially the same terms as set forth in such Memorandum of Understanding, such definitive documentation.

PBGC Agreement shall have the meaning set forth in Sections 6.16 and 7.4.

PBGC Agreement means that certain confidential term sheet dated June 25, 1999 between the Company and the PBGC, setting forth the undertakings of the Company to make contributions to certain of its U.S. Plans, and any definitive documentation replacing such confidential term sheet to the extent such documentation sets forth the terms described in such term sheet as in effect on the date hereof.

PBGC Agreement means that certain agreement between Tultex and the PBGC dated as of July 2, 1999.

PBGC Agreement means that certain Amendment and Restatement of Term Sheet between the PBGC and U.S. Borrower dated July 23, 2003.

PBGC Agreement means the settlement and consent agreement, substantially in the form of Exhibit G-1 hereto, to be executed by and between the Debtors and the PBGC as a condition to confirmation pursuant to Article IX.A of this Plan.

PBGC Agreement means the Settlement Agreement, dated as of [__], 2011, among the Company, Tube Forming, L.P., Wolverine Joining Technologies, LLC, WT Holding Company, Inc., TF Investor, Inc. and the PBGC, as amended, restated, supplemented or otherwise modified from time to time.