Plan Reserve definition

Plan Reserve means that portion of the Asset Fund consisting of unallocated Company Contributions; interest earned on contributed funds; dividends payable on Unvested Shares; and forfeited Shares or any resultant proceeds from sale of forfeited Shares, which proceeds shall be for the benefit of CPR. Plan Reserve does not include Participant Contributions or dividends payable on Shares purchased with Participant Contributions even if not yet formally allocated to Participant Accounts.
Plan Reserve means the Workers' Compensation Assigned Risk Plan Reserve
Plan Reserve means the reserve established under the Plan from cash on hand and Other Distributable Proceeds for the payment of the Allowed Claims as set forth in Article VIII. B of the Plan.

Examples of Plan Reserve in a sentence

  • IFRS measurements in practice are mostly based on nominal discount rates and nominal cash flows, however, real rates are sometimes used when applying IAS 37 or IAS 191.Real interest rates are currently negative in some currencies, including in the UK (see section 10).

  • Post-employment benefits are defined benefit plans consisting of the After-Service Medical Plan, Separation Payments Scheme and Compensation Plan Reserve Fund.

  • The funds generated from this Assessment shall be placed in a Health Plan Reserve to offset current and future health care cost increases as needed.

  • The Healthcare Plan Committee shall review the Plan Reserve Balance on a quarterly basis, or as deemed necessary by the City Finance Officer or his designee.

  • The City has agreed to fund certain employee benefit costs relating to the former Toronto Housing Corporation (THC), as the former company previously contributed to the City’s Sick Pay Reserve Fund and Payroll Benefits Plan Reserve Fund.

  • This also allows for the webpage and information held thereon to be available to the public at an earlier date than March 2022.Given that the Financial Administration clause of the Regulations (Clause 77 (1)) requires a Reserve Account to be established for money collected under the Payment in Lieu of Parking Plan (The Plan), it is recommended that the City establish a new reserve titled The Payment in Lieu of Parking Plan Reserve.

  • The Planning Reserve was established in January 2020 using balances held previously in the Local Plan Reserve and the Neighbourhood Planning Reserve.

  • Any funding received from these sources will be put into the Financial Plan Reserve which can be used to support the 10-year budget by funding invest to save initiatives and supporting the Property Investment Strategy.

  • The Local Plan Reserve has been established in 2018/19 to fund the costs of preparing an updated local plan.

  • Post-employment benefits are defined benefit plans consisting of After-Service Medical Plans, Separation Payments Scheme and Compensation Plan Reserve Fund.


More Definitions of Plan Reserve

Plan Reserve means the amount of $10,000,000, provided that upon (i) entry by the Bankruptcy Court of a final order approving a disclosure statement filed by the Borrowers with respect to a plan of reorganization that provides for repayment in full of the Obligations; and (ii) presentation of documentation reasonably satisfactory to the Administrative Agent evidencing that the Borrowers have a binding commitment for exit financing necessary to consummate such plan of reorganization, then such amount shall be $0.00.
Plan Reserve means the amount of $0.00.
Plan Reserve means that portion of the Asset Fund consisting of unallocated Company Contributions; interest earned on contributed funds; and forfeited Shares or any resultant proceeds from sale of forfeited Shares, which proceeds shall be for the benefit of CPR. Plan Reserve does not include Participant Contributions or dividends payable on Shares.
Plan Reserve means that portion of the Plan Trust Fund consisting of interest earned on Participant and Company Contributions, unallocated Company Contributions, Cash CUs, forfeited Conversion Units and Units together with the net proceeds resulting from the sale of forfeited Conversion Units and Units and all interest accrued thereon. Plan Reserve does not include Participant Contributions or distributions payable in respect of Unit CUs and Units, as applicable.
Plan Reserve means an amount maintained for a Plan under rule 10.19 and in relation to a Member means the Plan Reserve maintained for the Member’s Plan, if any.

Related to Plan Reserve

  • Pension reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any retirement allowance or benefit in lieu of any retirement allowance, granted to a member or beneficiary under this chapter.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Cash Reserve means (i) at any time after the occurrence and during the continuation of a Level One Trigger, [*] of the aggregate Investment at such time and (ii) at any other time, an amount equal to 1% of the aggregate Investment at such time.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Primary Reserve means the total reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten minutes of a request from the Office of the Interconnection dispatcher, and is comprised of both Synchronized Reserve and Non-Synchronized Reserve.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class A( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.