ERISA Liabilities definition

ERISA Liabilities without duplication, the aggregate of all unfunded vested benefits under all Plans and all potential withdrawal liabilities under all Multiemployer Plans.
ERISA Liabilities means at any time the minimum liability with respect to Plans that would be required to be reflected at such time as a liability on the consolidated balance sheet of the Borrower under GAAP.
ERISA Liabilities means the aggregate of all unfunded vested benefits under any employee pension benefit plan, within the meaning of Section 3(2) of ERISA, of the BORROWER or any ERISA AFFILIATE of the BORROWER under any plan covered by ERISA that is not a MULTIEMPLOYER PLAN and all potential withdrawal liabilities of the BORROWER or any ERISA AFFILIATE under all MULTIEMPLOYER PLANS.

Examples of ERISA Liabilities in a sentence

  • Create or suffer to exist, as at the end of any fiscal quarter of Borrower, any ERISA Liabilities of the Borrower in an aggregate amount in excess of $750,000,000.

  • As of the filing date of the Borrower's Form 10-K, Form 10-Q or Form 8-K most recently filed with the SEC, the Borrower had no material undisclosed ERISA Liabilities under any Plans.

  • Create or suffer to exist, or permit any Restricted Subsidiary to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent and its Restricted Subsidiaries would exceed $125,000,000.

  • Create or suffer to exist ERISA Liabilities in an aggregate amount for all Plans in excess of $1,000,000.00.

  • Create or suffer to exist ERISA Liabilities in an aggregate amount for all Plans in excess of $25,000,000.00.


More Definitions of ERISA Liabilities

ERISA Liabilities shall have the meaning set forth in Section 8(b)(vi).
ERISA Liabilities means, as at the date as of which any determination in respect thereof is being or to be made, the minimum liability with respect to Plans which would be required to be reflected at such time as a liability on the Consolidated balance sheet of the Borrower and the Subsidiaries under paragraphs 36 and 70 of Statement of Financial Accounting Standards No. 87 as such statement may from time to time be amended, modified or supplemented, or under any successor statement issued in replacement thereof.
ERISA Liabilities means the aggregate of all unfunded vested benefits under any employee pension benefit plan, within the meaning of Section 3(2) of ERISA, of Borrower or any ERISA Affiliate of Borrower under any plan covered by ERISA that is not a Multiemployer Plan and all potential withdrawal liabilities of any thereof under all Multiemployer Plans.
ERISA Liabilities shall have the meaning set forth in Section 4.2(g).
ERISA Liabilities means at any time the minimum liability with respect to Plans which would be required to be reflected at such time as a liability on the Consolidated
ERISA Liabilities mean any Liability or obligation with respect to (i) any employee benefit plan, program, policy or agreement maintained, sponsored, or contributed to by Company (prior to the Transfer Date) or Seller (or any other entity which, together with the Company (prior to the Transfer Date) or Seller, would be treated as a single employer under Code Section 414 or ERISA Section 4001(b)), or under which any employee involved in the Business had any present or future right to benefits as of Closing, including but not limited to, any liability (a) to the PBGC under Title IV of ERISA, (b) relating to a multiemployer plan as defined in ERISA Sections 4001(a)(3) and 3(37)(A), (c) with respect to non-compliance with the notice and benefit continuation requirements of COBRA, (d) with respect to any non-compliance with ERISA or any other applicable laws or (e) with respect to any suit, proceeding or claim which is brought against a Buyer Indemnified Person or any employee benefit plan; and (ii) any claims by any employee involved in the Business for workers compensation and/or related medical benefits incurred after the Closing which relate to an injury or illness originating prior to the Closing.
ERISA Liabilities. "Eurodollar Lending Office," with respect to any Bank (or transferee) or the Administrative Agent, shall mean such office or branch as such Bank (or transferee) or the Administrative Agent has designated to the Borrower herein in Schedule "2.1" as the office or branch of such Bank (or transferee) or the Administrative Agent which shall constitute the Lending Office thereof for LIBOR Borrowings.