Common use of Relationship of Vested Benefits to Pension Plan Assets Clause in Contracts

Relationship of Vested Benefits to Pension Plan Assets. The Company will not at any time permit the present value of all employee benefits vested under each Pension

Appears in 2 contracts

Samples: Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation)

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Relationship of Vested Benefits to Pension Plan Assets. The Company will not at any time permit the present value of all employee benefits vested under each PensionPension Plan to exceed the assets of such Pension Plan allocable to such vested benefits at such time, in each case determined pursuant to Section 7.12(c) hereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Western Gas Resources Inc)

Relationship of Vested Benefits to Pension Plan Assets. The Company will not at any time permit the present value of all employee benefits vested under each PensionPension Plan to exceed the assets of such Pension Plan allocable to such vested benefits at such time, in each case determined pursuant to Section 6.15(c).

Appears in 1 contract

Samples: Note Purchase Agreement (Cerplex Group Inc)

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Relationship of Vested Benefits to Pension Plan Assets. The Company will not at any time permit the present value of all employee benefits vested under each PensionPension Plan to exceed the assets of such Pension Plan allocable to such vested benefits at such time, in each case determined pursuant to Section 6.14(c).

Appears in 1 contract

Samples: Note Purchase Agreement (Credit Acceptance Corporation)

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