Detroit Retirement Systems Funding Trust 2006 definition

Detroit Retirement Systems Funding Trust 2006 means the funding trust established pursuant to the 2006 COPs Agreement.
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Examples of Detroit Retirement Systems Funding Trust 2006 in a sentence

  • Detroit General Retirement System Service Corporation, Detroit Police and Fire Retirement System Service Corporation, Detroit Retirement Systems Funding Trust 2005 and Detroit Retirement Systems Funding Trust 2006, Case No. 14-04112 (Bankr.

  • The 2006 Trust issued two series of certificates of participation (“COPs”) – the Detroit Retirement Systems Funding Trust 2006 Certificates of Participation Series 2006-A in the original aggregate principal amount of $148,540,000 (the “Series 2006-A COPs”), and the Detroit RetirementSystems Funding Trust 2006 Certificates of Participation Series 2006-B in the original aggregate principal amount of $800,000,000 (the “Series 2006-B COPs” and, together with the Series 2006-A COPs, the “Series 2006 COPs”).

  • The Trust Agreement establishes the Detroit Retirement Systems Funding Trust 2006 (the 2006 Funding Trust) for the purpose of funding the optional redemption of certain Series 2005-A COPs and the purchase and cancellation of certain tendered Series 2005-B COPs.

  • Specifically, in 2006, pursuant to the provisions of that certain Trust Agreement, dated June 12, 2006, by and among the Service Corporations and U.S. Bank National Association as Trustee (the “ 2006 Trust Indenture”), the Service Corporationsestablished the Detroit Retirement Systems Funding Trust 2006 (the “2006 Trust”).

  • In a resolution dated April 26, 2006, the City provided for execution of new Service Contracts with the Service Corporations and approved the form of a Trust Agreement for a new funding trust, defendant Detroit Retirement Systems Funding Trust 2006 (“2006 Funding Trust”).

  • Defendant Detroit Retirement Systems Funding Trust 2006 is a trust created and existing under Michigan law for the purpose of issuing Certificates of Participation in 2006 to provide funding for the refinancing of certain 2005 Certificates of Participation.

  • Detroit Retirement Systems Funding Trust 2006 (the 2006 Funding Trust) is a grantor trust that will be established and existing under Michigan law beginning on the 2006 Closing Date.

  • This Order does not affect any claims or defenses of any non- debtor party against any other non-debtor party arising under or in connection with Section 9.1 of the Contract Administration Agreement dated as of June 12, 2006, as amended, among the Detroit Retirement Systems Funding Trust 2006, the Service Corporations (as defined in the Forbearance Agreement) and the other parties thereto.

  • Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Plan.Trust 2005 and the Detroit Retirement Systems Funding Trust 2006.

Related to Detroit Retirement Systems Funding Trust 2006

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Public employees retirement system means the retirement plan and program

  • Retirement home means a building used for living quarters for more than seven persons who are 65 years or older;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Continuing care retirement community means a residential

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Administration Account As defined in Section 7.02.

  • Retirement fund means the "Washington law enforcement

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Statewide popular election means a general election in which

  • Retirement means Normal or Early Retirement.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Special service district means the same as that term is defined in Section 17D-1-102.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.