On-Going Funding. 4.2.1 For the current term the Boards agree to contribute funds to support the Trust as follows:
On-Going Funding. 3.2.1 On the day the Board commences participation in the Trust, or as soon as reasonably and feasibly possible thereafter, all eligible and available surpluses in board-owned defined benefit plans will be transferred to the Trust in an amount equal to each employee’s pro rata share based on the amount of the employee’s co-share payment of each benefit. The remaining portion of the Board’s surplus will be retained by the Board.
On-Going Funding. 4.2.1 For the current term, the Boards agree to continue to provide benefits in accordance with the existing benefit plans and co-pay arrangements until the Employees’ Participation Date in the Trust.
On-Going Funding. For the period between the Closing Date through the day preceding the Distribution Date, CBI shall continue to provide CONVERGYS with working capital funding pursuant to the existing inter-company arrangements at an interest rate equal to CBI's average short-term borrowing cost or through external short- or long-term financing to be arranged by CBI; provided, however, that CONVERGYS may obtain and procure its own separate funding with such third parties as it deems in its sole discretion appropriate and at its own expense. CBI shall cooperate with CONVERGYS in its efforts to obtain such financing.
On-Going Funding. 3.2.1 3.2.2 3.2.3 3.2.4 3.2.5 3.2.6 3.2.7
On-Going Funding. A.3.1 On-going Funding provided pursuant to Schedule B, Table 1 is intended to support the governance and administrative activities of the DGG including:
On-Going Funding. 4.2.1 For the current term the Boards agree to contribute funds to support the Trust as follows: The Boards will continue to provide benefits in accordance with the existing benefit plans and co-pay arrangements until the Employees’ Participation Date in the Trust. On the participation date, for board-owned defined benefit plans, the board will calculate the annual amount of i) divided by ii) which will form the base funding amount for the Trust;
On-Going Funding. Will this project require on-going funding? If so, describe how you plan to fund this project into the future.
