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Common use of Benefit Plan Investor Clause in Contracts

Benefit Plan Investor. A Benefit Plan Investor shall mean (a) an "employee benefit plan" within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") that is subject to the provisions of Title I of ERISA, (b) a "plan" within the meaning of Section 4975(e)(1) of the Code that is subject to Section 4975 of the Code and (c) any Person or Organization that is acting on behalf of or investing the assets of a plan described in (a) or (b).

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Advanta Bank Corp), Limited Liability Company Agreement (HPSC Inc), Limited Liability Company Agreement (HPSC Inc)

Benefit Plan Investor. A Benefit Plan Investor shall mean (a) an "employee benefit plan" within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") that is subject to the provisions of Title I of 7 ERISA, (b) a "plan" within the meaning of Section 4975(e)(1) of the Code that is subject to Section 4975 of the Code and (c) any Person or Organization that is acting on behalf of or investing the assets of a plan described in (a) or (b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (HPSC Inc)

Benefit Plan Investor. A Benefit Plan Investor shall mean (a) an "employee benefit plan" within the meaning of Section 3(3) of the Employee Retirement Income 7 Security Act of 1974, as amended ("ERISA") that is subject to the provisions of Title I of ERISA, (b) a "plan" within the meaning of Section 4975(e)(1) of the Code that is subject to Section 4975 of the Code and (c) any Person or Organization that is acting on behalf of or investing the assets of a plan described in (a) or (b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (HPSC Inc)