Common use of Transferred Assets Clause in Contracts

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 4 contracts

Samples: Closing Agreements, Revenue Procedure, Revenue Procedure

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Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transactionSponsor. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

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Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation con- solidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled con- trolled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 1 contract

Samples: Revenue Procedure

Transferred Assets. The term “Transferred Assets” means plan assets that were received, in connection with a corporate merger, acquisition, acquisition or other similar employer transaction, by the plan in a transfer (including a merger or consolidation of plan assets) under § 414(l) from a plan sponsored by an employer that was not a member of the same controlled group as the Plan Sponsor immediately prior to the corporate merger, acquisition, or other similar employer transaction. If a transfer of plan assets related to the same employer transaction is accomplished through several transfers, then the date of the transfer is the date of the first transfer.

Appears in 1 contract

Samples: Revenue Procedure

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