ERISA Plan Assets definition

ERISA Plan Assets means “plan assets” within the meaning of Section 3(42) of ERISA and the “plan asset” regulations set forth in 29 C.F.R. Section 2510.3-101 as promulgated under ERISA, modified to the extent applicable by Section 3(42) of ERISA.
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ERISA Plan Assets means the assets of (i) an employee benefit ----------------- - plan subject to Part 4 of Subtitle B of Title I of ERISA or (ii) a "Plan" within -- the meaning of Section 4975(e)(1) of the Code or (iii) any other entity deemed --- to hold "plan assets" as defined in 29 C.F.R. (S)2510.3-101 of any plan.
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ERISA Plan Assets means “plan assets” under the ERISA Plan Asset Regulations. “XXXXX Xxxxxxxx Letter” means an executed letter from the issuer of an opinion to the Administrative Agent and the Lenders providing that the Administrative Agent and the Lenders may rely on such opinion. “Excluded Taxes” means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a Recipient: (a) Taxes imposed on or measured by its net income (however denominated), franchise Taxes, and branch profits Taxes or Taxes similar to branch profits Taxes: (i) imposed by the U.S. or imposed as a result of such Lender being organized under the Laws of, or having its principal office or its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof); or (ii) that are Other Connection Taxes; (b) U.S. federal withholding Taxes imposed on amounts payable to or for the account of a Lender pursuant to a Law in effect on: (i) the Closing Date; (ii) the date on which such Lender became a party hereto, except to the extent that amounts with respect to such Taxes were payable to Xxxxxx’s assignor immediately before such Lender became a party hereto; or (iii) the date on which such Lender changes its Lending Office, except to the extent that amounts with respect to such Taxes were payable to such Lender immediately before it changed its Lending Office; (c) Taxes attributable to a Lender’s failure to comply with Section 9.4(c) (Xxxxxx’s Tax Exemption Form); and
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Examples of ERISA Plan Assets in a sentence

  • The assets of such Member (including any successor to or transferee of such Member) are not deemed to be ERISA Plan Assets.

  • The Manager shall use its best efforts to ensure that the Company’s assets are not deemed to be ERISA Plan Assets.

  • For the purposes of this clause 13.2, it is hereby understood that in accordance with clause 6(h) the Manager will use its reasonable efforts so that the Partnership will qualify as a "venture capital operating company" (within the meaning of the ERISA Plan Assets Regulation, a "VCOC") upon the making of the First Investment.

  • The Manager must use its best efforts to ensure that the Company’s assets are not deemed to be ERISA Plan Assets.


More Definitions of ERISA Plan Assets

ERISA Plan Assets means “plan assets” within the meaning of the Department of Labor regulations located at 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA.
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ERISA Plan Assets means the assets of (i) an employee benefit plan subject to Part 4 of Subtitle B of Title I of ERISA, (ii) a "plan" within the meaning of Section 4975(e)(1) of the Code, (iii) any other entity deemed to hold "plan assets" as defined in 29 C.F.R. Section 2510.3-101 of any plan or (iv) any "governmental plan," as defined in Section 3 (32) of ERISA or Section 414(d) of the Code, subject to prohibitions under any Governmental Rules substantially similar to those set forth in Section 406 of ERISA or Section 4975 of the Code.
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ERISA Plan Assets means the assets of (i) an employee benefit plan subject to Part 4 of Subtitle B of Title I of ERISA, (ii) a "plan" within the meaning of Section 4975(e)(1) of the Code, (iii) any other entity deemed to hold "plan assets" as defined in 29 C.F.R. Section 2510.3-101 of any plan or (iv) any "governmental plan," as defined in Section 3 (32) of ERISA or Section 414(d) of the Code, subject to prohibitions under any Governmental Rules substantially similar to those set forth in Section 406 of ERISA or Section 4975 of the Code.
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Related to ERISA Plan Assets

  • Plan Assets means “plan assets” within the meaning of the Plan Asset Regulations.

  • ERISA Plan means any employee pension benefit plan subject to Title IV of ERISA maintained by any ERISA Affiliate with respect to which any Restricted Person has a fixed or contingent liability.

  • Multi-employer Plan means a "multi-employer plan" as defined in Section 4001(a)(3) of ERISA which is or was at any time during the current year or the immediately preceding six (6) years contributed to by the Borrower or any ERISA Affiliate.

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • Plan Assets Regulation means 29 C.F.R. Section 2510.3-101, et seq., as modified by Section 3(42) of ERISA.

  • Benefit Plan Entity shall have the meaning assigned to such term in Section 3.9.

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • Title IV-A means part A of subchapter IV of the social security

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Title IV-E means title IV-E of the Social Security Act [Pub. L. 96-272, title I, sec. 101(a)(1); 94 Stat. 501; 42 U.S.C. 670 et seq.], as amended.

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.

  • Title IV-D means part D of title IV of the social security act, 42 USC 651 to 669b.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Controlled Entity means (i) any of the Subsidiaries of the Company and any of their or the Company’s respective Controlled Affiliates and (ii) if the Company has a parent company, such parent company and its Controlled Affiliates. As used in this definition, “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.