Contributing Sponsor definition
Examples of Contributing Sponsor in a sentence
The Controlled Group Termination Premium Recovery Amount shall mean the present value of the amounts, if any, that PBGC received, or arranged to receive, from the Contributing Sponsor and each member of the Contributing Sponsor’s Controlled Group (with the exception of MAXXAM) for payment of the Plan’s Termination Premium.
The Controlled Group Termination Liability Recovery Amount means the present value of the amounts, if any, that PBGC received or arranged to receive from the Contributing Sponsor and each member of the Contributing Sponsor’s Controlled Group (with the exception of MAXXAM) for payment of the Plan’s Termination Liability.
Contributing Sponsor Name/Logo included in Program Book and Recognition on Website.
Except in connection with any rights provided PBGC under this Agreement, in return for the promises, duties, and obligations of MAXXAM set forth herein, PBGC hereby releases MAXXAM, as of the date Maxxam ceases to be a member of the Controlled Group that includes the Contributing Sponsor of the Plan, from any claims, causes of action, obligations, liabilities, payments, expenses, fees, and costs (including attorneys’ fees), relating to the termination of the Plan.
K & F is a Contributing Sponsor (as hereinafter defined) of the Pension Plans (as hereinafter defined).