Employer Debt Regulations definition

Employer Debt Regulations means the Occupational Pension Scheme (Employer Debt) Regulations 2005 (as amended);
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Employer Debt Regulations shall have the meaning set forth in Section 7.01(k)(ii).
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Employer Debt Regulations means the Occupational Pension Scheme (Employer Debt) Regulations 2005 (as amended); "Insolvency Event" is defined in s121 Pensions ▇▇▇ ▇▇▇▇; "Regulator" shall mean the Pensions Regulator as defined in s1 Pensions ▇▇▇ ▇▇▇▇; "Schedule of Contributions" means a schedule of contributions prepared for the VACPF under s227 ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇; "s75 Liability" means a liability under s75 or s75A Pensions ▇▇▇ ▇▇▇▇, as modified by the Employer Debt Regulations and any provision of the VACPF Deed; "VACPF Deed" means the Definitive Trust Deed and Rules of the VACPF dated 22 December 1982 (as amended); "Vauxhall" shall mean General Motors UK Limited (incorporated in England and Wales under company number 135767 and formerly known as Vauxhall Motors Limited) or any successor as principal employer of the VACPF. It also includes its successors and assigns and any trustee in bankruptcy; For the purposes of this Clause 9.1, references to any statutory provisions shall be deemed to include any primary or secondary regulations and any changes to primary and secondary legislation, and references to the VACPF Deed shall be deemed to include any changes to the VACPF Deed subsequent to this Agreement, whilst this indemnity is in force. Any reference to the trustee of the VACPF shall mean the trustee from time to time of the VACPF Deed; "Vauxhall Losses" shall mean for the purposes of this Clause 9.1 only, Losses, but notwithstanding the definition of Losses, it shall also include any indirect and/or consequential Losses however arising. It shall not, however, include any loss of profits, loss of prospective contracts or loss of goodwill; 38
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Examples of Employer Debt Regulations in a sentence

  • The BHGE Entities agree to use their best endeavors to ensure that a relevant transfer deduction (as defined in the UK Occupational Pension Schemes (Employer Debt) Regulations 2005, SI 2005/678) is secured in respect of the Transferred Liabilities and GE UK Pension Plan Transfer Value Amount, including but not limited to giving such notice to the trustees of the GE UK Pension Plan for the purposes of those Regulations as GE may request.

  • The Company has not entered into or proposed entering into a withdrawal arrangement (as defined in section 2 of the Occupational Pension Schemes (Employer Debt) Regulations 2005).

  • For the avoidance of doubt, the Seller agrees and acknowledges that it will be solely responsible for and will indemnify and hold each relevant Company Group Member and the Buyer harmless from and against any and all debt due under section 75 and/or 75A of the Employer Debt Regulations to the extent such employer debt exceeds the sum of £1.6 million.

  • Such apportionment is to be in the form of a Regulated Apportionment Arrangement (as defined in the Occupational Pension Schemes (Employer Debt) Regulations 2005) (the “RAA”) in terms acceptable to the Parties.

  • TRH and AIG shall cooperate and take such steps as are reasonable to avoid or minimise the amount payable (including but without limitation notifying the trustees of AIG’s UK Pension Plan that a relevant transfer deduction shall apply in accordance with the UK Occupational Pension Schemes (Employer Debt) Regulations 2005 (as amended or replaced from time to time)).

  • In relation to the UK DB Plans the only member of the Company Group which is an employer or former employer in relation to either of the UK DB Plans (within the meaning of the UK statutory instrument called the Occupational Pension Schemes (Employer Debt) Regulations 2005 (as amended) S.I. 678/2005 is Ascent Media Group Limited.


More Definitions of Employer Debt Regulations

Employer Debt Regulations means the Occupational Pension Scheme (Employer Debt) Regulations 2005.
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Employer Debt Regulations has the meaning set forth in Section 10.1(e)(ii)(B).
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