Common use of Present Value of Accrued Benefit Clause in Contracts

Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participant's present value of accrued benefit shall be as determined under the provisions of all the defined benefit plans of the Company.

Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participantparticipant's present value of accrued benefit shall be as determined under the provisions of all the applicable defined benefit plans of the Companyplan.

Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participant's present value of accrued benefit Accrued Benefit shall be as determined under the provisions of all the applicable defined benefit plans of the Companyplan.