Funded Status of Plans. Each Camco Benefit Plan that is subject to either the minimum funding requirements of ERISA Section 302 or to Title IV of ERISA has assets that, as of the date hereof, have a fair market value not less than the present value of the accrued benefit obligations thereunder on a termination basis, as of the date hereof, based on the actuarial methods, tables and assumptions utilized by such plan's independent actuary in preparing such plan's most recently prepared actuarial valuation report, except to the extent that applicable law would require the use of different actuarial assumptions if such plan was to be terminated as of the date hereof, in which case those different assumptions shall apply for purposes of this representation. Camco and its Subsidiaries have no unfunded liabilities, as determined under local funding requirements, with respect to any Camco Benefit Plans that cover such non-U.S. employees which would, in the aggregate, have a Material Adverse Effect on Camco.
Funded Status of Plans. Except as disclosed in Section 4.1(l)(8) of the ONEOK Disclosure Schedule, (A) each ONEOK Pension Benefit Plan has been maintained in compliance with the minimum funding standards of ERISA and the Code, (B) no ONEOK Pension Benefit Plan has incurred any "accumulated funding deficiency" (within the meaning of Section 302 of ERISA or Section 412 of the Code) and (C) all required payments to the PBGC with respect to each ONEOK Pension Benefit Plan have been made on or before their due dates, in each case with respect to ONEOK Pension Benefit Plans which would reasonably be expected to result in liability to ONEOK or any ONEOK Subsidiary. Except as disclosed in Section 4.1(l)(8) of the ONEOK Disclosure Schedule, neither ONEOK nor any of its Subsidiaries has provided, or is required to provide, security to any ONEOK Pension Benefit Plan pursuant to Section 401(a)(29) of the Code.
Funded Status of Plans. Except as set forth in Section 4.10(g) of the WeCo Disclosure Schedule, the fair market value, as of the date hereof, of the assets held by each WeCo Benefit Plan that is subject to the requirements of Section 412 of the Code, Part 3 of Title I of ERISA or Title IV of ERISA is not materially less than the present value of the accumulated benefit obligations (determined as of the date hereof) of the participants and beneficiaries under such WeCo Benefit Plan, based on the actuarial methods, tables and assumptions heretofore utilized by such WeCo Benefit Plan's actuary to determine such WeCo Benefit Plan's funded status. None of the WeCo Benefit Plans that are subject to Section 412 of the Code or Section 302 of ERISA has ever incurred an "accumulated funding deficiency" (as defined in such Code and ERISA sections).
Funded Status of Plans. Each MAI Benefit Plan that is subject to either the minimum funding requirements of ERISA Section 302 or to Title IV of ERISA has assets that, as of the date hereof, have a fair market value not less than the present value of the accrued benefit obligations thereunder on a termination basis, as of the date hereof, based on the actuarial methods, tables and assumptions utilized by such plan's independent actuary in preparing such plan's most recently prepared actuarial valuation report, except to the extent that applicable law would require the use of different actuarial assumptions if such plan was to be terminated as of the date hereof, in which case those different assumptions shall apply for purposes of this representation. MAI and its Subsidiaries have no unfunded liabilities, as determined under local funding requirements, with respect to any MAI Benefit Plans that cover such non-U.S. employees.
Funded Status of Plans. Except as set forth in Section 4.10(h) of the Sierra Pacific Disclosure Schedule, the failure of any Sierra Pacific Benefit Plan which is subject to the requirements of Code (S) 412, Part 3 of Title I of ERISA or Title IV of ERISA to hold assets, the fair market value of which, as of the date hereof, are at least equal in value to the greatest of the projected benefit obligations, the accumulated benefit obligations or accrued benefit obligations (each determined as of the date hereof) of the participants and beneficiaries under such plan, based on actuarial methods, tables and assumptions theretofore utilized by such plan's actuary to determine the plan's funded status, would not give rise to a Sierra Pacific Material Adverse Effect.
Funded Status of Plans. Except as set forth in Section 5.10(h) of the Nevada Power Disclosure Schedule, the failure of any Nevada Power Benefit Plan which is subject to the requirements of Code (S) 412, part 3 of Title 1 of ERISA or Title IV of ERISA to hold assets, the fair market value of which, as of the date thereof, are at least equal in value to the greatest of the projected benefit obligations, the accumulated benefit obligations or accrued benefit obligations (each determined as of the date hereof) of the participants and beneficiaries under such plan, based on actuarial methods, tables and assumptions theretofore utilized by such plan's actuary to determine the plan's funded status would not give rise to a Nevada Power Material Adverse Effect.
Funded Status of Plans. Except as set forth in Section 3.10(h) of the Company Disclosure Schedule, the amount equal to the greatest of the projected benefit obligations, the accumulated benefit obligations or actuarial accrued liabilities under any Company Benefit Plan that is a "single employer" plan within the meaning of Section 4001(a)(15) of ERISA did not, as of the date of the most recent actuarial valuation for such plan, exceed the then fair market value of the assets of such plan, based on the respective actuarial assumptions and calculations set forth in such valuation, which actuarial assumptions and calculations have been provided to Parent prior to the date of this Agreement, and since the date of such most recent actuarial valuation, there has been no material adverse change in the funding status of such Company Benefit Plan.
Funded Status of Plans. Each Javelin Benefit Plan that is subject to either the minimum funding requirements of ERISA Section 302 or to Title IV of ERISA has assets that, as of the date hereof, have a fair market value not less than the present value of the accrued benefit obligations thereunder on a termination basis, as of the date hereof, based on the actuarial methods, tables and assumptions utilized by such plan's independent actuary in preparing such plan's most recently prepared actuarial valuation report, except to the extent that applicable law would require the use of different actuarial assumptions if such plan was to be terminated as of the date hereof, in which case those different assumptions shall apply for purposes of this representation. Javelin and its Subsidiaries have no unfunded liabilities, as determined under local funding requirements, with respect to any Javelin Benefit Plans that cover such non-U.S. employees.
Funded Status of Plans. Except as disclosed in Section 4.2(m)(8) of the WRI Disclosure Schedule, (A) each WRI Pension Benefit Plan has been maintained in compliance with the minimum funding standards of ERISA and the Code, (B) no WRI Pension Benefit Plan has incurred any "accumulated funding deficiency" (within the meaning of Section 302 of ERISA or Section 412 of the Code) and (C) all required payments to the PBGC with respect to each WRI Pension Benefit Plan have been made on or before their due dates in each case with respect to such WRI Pension Benefit Plans covering Continuing Employees or
Funded Status of Plans. Except as disclosed in Section 4.2(m)(8) of the WRI Disclosure Schedule, (A) each WRI Pension Benefit Plan has been maintained in compliance with the minimum funding standards of ERISA and the Code, (B) no WRI Pension Benefit Plan has incurred any "accumulated funding deficiency" (within the meaning of Section 302 of ERISA or Section 412 of the Code) and (C) all required payments to the PBGC with respect to each WRI Pension Benefit Plan have been made on or before their due dates in each case with respect to such WRI Pension Benefit Plans covering Continuing Employees or Retired Employees or which would reasonably be expected to result in liability to NewCorp. Except as disclosed in Section 4.2(m)(8) of the WRI Disclosure Schedule, neither WRI nor any of its Subsidiaries has provided, or is required to provide, security to any WRI Pension Benefit Plan pursuant to Section 401(a)(29) of the Code in each case with respect to such WRI Pension Benefit Plans covering Continuing Employees or Retired Employees or which would reasonably be expected to result in liability to NewCorp.
