Common use of Guaranteed Pension Plan Clause in Contracts

Guaranteed Pension Plan. The term “GUARANTEED PENSION PLAN” means any pension plan maintained by the BORROWER or an ERISA AFFILIATE of the BORROWER, or to which the BORROWER or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 2 contracts

Sources: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp)

Guaranteed Pension Plan. The term “GUARANTEED PENSION PLAN” means any pension plan maintained by any of the BORROWER BORROWERS or an ERISA AFFILIATE of any of the BORROWERBORROWERS, or to which any of the BORROWER BORROWERS or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 2 contracts

Sources: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc)

Guaranteed Pension Plan. The term "GUARANTEED PENSION PLAN" means any pension plan maintained by the BORROWER or an ERISA AFFILIATE of the BORROWER, or to which the BORROWER or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 2 contracts

Sources: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Accom Inc)

Guaranteed Pension Plan. The term GUARANTEED PENSION PLAN” PLAN means any pension plan maintained by any of the BORROWER BORROWERS or an ERISA AFFILIATE of any of the BORROWERBORROWERS, or to which any of the BORROWER BORROWERS or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 1 contract

Sources: Loan and Security Agreement (Gse Systems Inc)

Guaranteed Pension Plan. The term "GUARANTEED PENSION PLAN" means any pension plan maintained by any of the BORROWER COMPANIES or an ERISA AFFILIATE of any of the BORROWERCOMPANIES, or to which any of the BORROWER COMPANIES or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 1 contract

Sources: Secured Guaranty Agreement (Imtek Office Solutions Inc)

Guaranteed Pension Plan. The term "GUARANTEED PENSION PLAN" means any pension plan maintained by the a BORROWER or an ERISA AFFILIATE of the a BORROWER, or to which the a BORROWER or an ERISA AFFILIATE contributes, some or all of the benefits under which are guaranteed by the United States Pension Benefit Guaranty Corporation.

Appears in 1 contract

Sources: Loan and Security Agreement (Ea Engineering Science & Technology Inc)