Common use of Existing Internal VEBA Balance Clause in Contracts

Existing Internal VEBA Balance. The 2008 Settlement Agreement provided for the Existing Internal VEBA balance as of December 31, 2007 to be determined using the December 31, 2007 valuation from the independent trustee of the Existing Internal VEBA, which was to be based on the existing trust agreement for the Existing Internal VEBA. In accordance with this methodology, the December 31, 2007 valuation of the Existing Internal VEBA for purposes of this Section 6.A is $3,739,851,094.10. The determination of the Existing Internal VEBA balance as of December 31, 2007 is final and binding on Ford, the UAW, the Committee, the Class Representatives, the Class, the Covered Group and Class Counsel for purposes of this Settlement Agreement upon an Independent Audit.

Appears in 2 contracts

Samples: Settlement Agreement (Ford Motor Co), Settlement Agreement

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Existing Internal VEBA Balance. The 2008 Settlement Agreement provided for the Existing Internal VEBA balance as of December 31, 2007 to shall be determined using the December 31, 2007 valuation from the independent trustee of the Existing Internal VEBA, which was to shall be based on the existing trust agreement for the Existing Internal VEBA. In accordance with this methodology, the December 31, 2007 valuation of the Existing Internal VEBA for purposes of this Section 6.A is $3,739,851,094.10. The determination of the Existing Internal VEBA balance as of December 31, 2007 is shall be final and binding on Ford, the UAW, the Committee, the Class Representatives, the Class, the Covered Group and Class Counsel for purposes of this Settlement Agreement upon an Independent Audit.. B.

Appears in 1 contract

Samples: www.sec.gov

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Existing Internal VEBA Balance. The 2008 Settlement Agreement provided for the Existing Internal VEBA balance as of December 31, 2007 to shall be determined using the December 31, 2007 valuation from the independent trustee of the Existing Internal VEBA, which was to shall be based on the existing trust agreement for the Existing Internal VEBA. In accordance with this methodology, the December 31, 2007 valuation of the Existing Internal VEBA for purposes of this Section 6.A is $3,739,851,094.10. The determination of the Existing Internal VEBA balance as of December 31, 2007 is shall be final and binding on Ford, the UAW, the Committee, the Class Representatives, the Class, the Covered Group and Class Counsel for purposes of this Settlement Agreement upon an Independent Audit.

Appears in 1 contract

Samples: Settlement Agreement (Ford Motor Co)

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