No Accumulated Funding Deficiency Sample Clauses

No Accumulated Funding Deficiency. None of the Company Pension Plans has incurred any "accumulated funding deficiency", as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not waived.
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No Accumulated Funding Deficiency. No accumulated funding --------------------------------- deficiency as defined in ERISA Section 302(a)(2), whether or not waived and regardless of the reason arising, exists with respect to any Defined Benefit Plan.
Sample 1See All (4)
No Accumulated Funding Deficiency exists with respect to any Single Employer Plan. Neither the Borrower nor any other member of the Controlled Group has incurred, or is reasonably expected to incur, any withdrawal liability to Multiemployer Plans in excess of $15,000,000 in the aggregate. Each Plan complies in all material respects with all applicable requirements of law and regulations, no Reportable Event has occurred with respect to any Plan, neither the Borrower nor any other member of the Controlled Group has withdrawn from any Plan or initiated steps to do so, and no steps have been taken to reorganize or terminate any Plan.
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No Accumulated Funding Deficiency. None of the TTIS's Pension Plans has incurred any "accumulated funding deficiency", as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not waived.
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No Accumulated Funding Deficiency exists with respect to any Single Employer Plan; each Single Employer Plan otherwise complies in all respects with all applicable requirements of ERISA, the Code and all other applicable laws and regulations; no Reportable Event or Prohibited Transaction has occurred with respect to any Single Employer Plan; other than, in each of the foregoing cases in this Section 5.9, such events and occurrences which, when aggregated with all other such events and occurrences described in this Section 5.9, would not result in a Material Adverse Effect.
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No Accumulated Funding Deficiency. None of the ECCO Pension Plans has incurred any "ACCUMULATED FUNDING DEFICIENCY", as such term is defined in Paragraph 302 of ERISA and Paragraph 412 of tile Code, whether or not waived.
Sample 1
No Accumulated Funding Deficiency. None of the FreeEDGAR Pension Plans has incurred any "accumulated funding deficiency", as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not waived.
Sample 1
No Accumulated Funding Deficiency. None of the Catalina Pension Plans has incurred any "accumulated funding deficiency," as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not waived.
Sample 1
No Accumulated Funding Deficiency. No accumulated funding deficiency, whether or not waived and regardless of the reason arising, exists with respect to any Defined Benefit Plan.
Sample 1

Related to No Accumulated Funding Deficiency

  • Reportable Event Reportable Event" means a "reportable event" as defined in Section 4043(b) of ERISA.

  • ERISA Reportable Event A reportable event with respect to a Guaranteed Pension Plan within the meaning of §4043 of ERISA and the regulations promulgated thereunder as to which the requirement of notice has not been waived.

  • Waiver; Deficiency Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the New York UCC. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent or any Lender to collect such deficiency.

  • Reportable Events No such Employee Benefit Plan which is an Employee Pension Benefit Plan has been completely or partially terminated or been the subject of a Reportable Event as to which notices would be required to be filed with the PBGC. No proceeding by the PBGC to terminate any such Employee Pension Benefit Plan has been instituted or threatened; and

  • Anti-Deficiency Act Pursuant to 31 U.S.C. §1341 nothing contained in this Agreement shall be construed as binding the NPS to expend in any one fiscal year any sum in excess of appropriations made by Congress, for the purposes of this Agreement for that fiscal year, or other obligation for the further expenditure of money in excess of such appropriations.

  • No Requirement of Matched Funding Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

  • Plan Assets; Prohibited Transactions The Borrower is not an entity deemed to hold “plan assets” within the meaning of 29 C.F.R. § 2510.3-101 of an employee benefit plan (as defined in Section 3(3) of ERISA) which is subject to Title I of ERISA or any plan (within the meaning of Section 4975 of the Code), and neither the execution of this Agreement nor the making of Credit Extensions hereunder gives rise to a prohibited transaction within the meaning of Section 406 of ERISA or Section 4975 of the Code.

  • Not Plan Assets; No Prohibited Transactions None of the assets of the Borrower, any other Loan Party or any other Subsidiary constitutes “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder. Assuming that no Lender funds any amount payable by it hereunder with “plan assets,” as that term is defined in 29 C.F.R. 2510.3-101, the execution, delivery and performance of this Agreement and the other Loan Documents, and the extensions of credit and repayment of amounts hereunder, do not and will not constitute “prohibited transactions” under ERISA or the Internal Revenue Code.

  • ERISA Default The occurrence of one or more ERISA Events that (a) the Required Lenders determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.

  • ERISA The Employee Retirement Income Security Act of 1974, as amended.