VEBA Trust definition

VEBA Trust means the “USWA-Wheeling-Pittsburgh Steel Corporation Retiree Welfare Benefits Plan Trust”, established by Borrower pursuant to its collective bargaining agreement with the United Steelworkers of America, AFL-CIO-CLC, for the purpose of funding welfare benefits for retired employees of Borrower
VEBA Trust means the Long Term Disabled VEBA Trust for Former Nortel Employees, originally adopted June 2013.
VEBA Trust means the trust that provides benefits for certain eligible retirees of Kaiser Aluminum & Chemical Corporation represented by the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC (formerly known as the United Steelworkers of America, AFL-CIO, CLC), the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America and its Local 1186, the International Association of Machinists and Aerospace Workers, the International Chemical Workers Union Council of the United Food & Commercial Workers and the Paper, Allied-Industrial, Chemical and Energy Workers International Union, AFL-CIO, CLC and their surviving spouses and eligible dependents.

Examples of VEBA Trust in a sentence

  • Cash balances exclude amounts related to VEBA Trust and any amounts held in escrow.

  • The assets held by the trustees of the VEBA Trust Fund shall be transferred to the Trustee on April 2, 2001 or as soon as practicable thereafter.

  • Thereafter, Reorganized KAC will make the applicable Variable VEBA Contributions to the Union VEBA Trust and the Retired Salaried Employee VEBA Trust.

  • On the Effective Date, Reorganized KAC, the PBGC and the Union VEBA Trust will execute and deliver the Registration Rights Agreement and Stock Transfer Restriction Agreement.

  • The increase from a year ago was primarily due to the refinancing of the VEBA Trust Note in the first quarter of 2014.


More Definitions of VEBA Trust

VEBA Trust has the meaning set forth in Section 7.2(c).
VEBA Trust means a Voluntary Employee Beneficiaries Association trust fund established under that certain 501(c)(9) Trust Agreement, dated October 1, 1988, between Xxxxxx Consolidated Industries and Bank One Trust Company, N.A. to hold contributions by Borrower to fund postretirement health care and life insurance obligations for the benefit of certain hourly employees of Borrower.
VEBA Trust means the trust that is a part of the Retiree Plan.
VEBA Trust. The trust that provides benefits for certain eligible retirees of KACC represented by the Unions and their surviving spouses and eligible dependents.
VEBA Trust means a Voluntary Employee Beneficiaries Association trust fund established under that certain 501(c)(9) Trust Agreement, dated October 1, 1988, between WCI Steel and Bank One Trust Company, N.A. to hold contributions by WCI Steel to fund postretirement health care, life insurance and supplemental unemployment benefit plan obligations for the benefit of certain hourly employees of WCI Steel.
VEBA Trust means the trust that provides benefits to certain eligible retirees of Xxxxxx Aluminum & Chemical Corporation who were salaried employees and their surviving spouses and eligible dependents.
VEBA Trust means the trust that provides benefits to certain eligible retirees of Kaiser Aluminum & Chemical Corporation who were salaried employees and their surviving spouses and eligible dependents.