Common use of Guaranteed Pension Plan Clause in Contracts

Guaranteed Pension Plan. The term “GUARANTEED PENSION PLAN” means any pension plan maintained by any of the BORROWERS or an ERISA AFFILIATE of any of the BORROWERS, or to which any of the 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

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

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Guaranteed Pension Plan. The term “GUARANTEED PENSION PLAN” means any pension plan maintained by any of the BORROWERS BORROWER or an ERISA AFFILIATE of any of the BORROWERSBORROWER, or to which any of the BORROWERS 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

Samples: 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 BORROWERS BORROWER or an ERISA AFFILIATE of any of the BORROWERSBORROWER, or to which any of the BORROWERS 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

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

Guaranteed Pension Plan. The term GUARANTEED PENSION PLAN” PLAN means any pension plan maintained by any of the BORROWERS or an ERISA AFFILIATE of any of the BORROWERS, or to which any of the 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

Samples: Loan and Security Agreement (Gse Systems Inc)

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Guaranteed Pension Plan. The term "GUARANTEED PENSION PLAN" means any pension plan maintained by any of the BORROWERS COMPANIES or an ERISA AFFILIATE of any of the BORROWERSCOMPANIES, or to which any of the BORROWERS 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

Samples: Secured Guaranty Agreement (Imtek Office Solutions Inc)

Guaranteed Pension Plan. The term "GUARANTEED PENSION PLAN" means any pension plan maintained by any of the BORROWERS a BORROWER or an ERISA AFFILIATE of any of the BORROWERSa BORROWER, or to which any of the BORROWERS 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

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

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