Financial Support Direction definition

Financial Support Direction means a financial support direction issued by the Pensions Regulator under section 43 of the Pensions Xxx 0000.

Financial Support Direction means a financial support direction issued by the Pensions Regulator under Section 43 of the UK Pensions Act.

Financial Support Direction means a financial support direction issued by the Pensions Regulator pursuant to section 43 of the Pensions Act 2004;

Examples of Financial Support Direction in a sentence

• The Pensions Regulator issues a Financial Support Direction or a Contribution Notice to any UK Loan Party.

• The UK Borrower shall immediately notify the Administrative Agent if it receives such a Financial Support Direction or Contribution Notice from the Pensions Regulator.

• The Pensions Regulator issues a Financial Support Direction or a Contribution Notice to any Loan Party or Restricted Subsidiary unless the aggregate liability of the Loan Parties under all Financial Support Directions and Contribution Notices is less than $10,000,000.

• The key remaining issues for the Company are to deal with the Financial Support Direction (“FSD”) claims of the UK Pensions Regulator (“TPR”) asserted against the Company and certain EMEA Companies, the allocation of the sale proceeds within the Group (Purchase Price Allocation, or “PPA”) and, in due course, the development of an appropriate process to agree creditors’ claims and distribute available funds to them.

• The Pensions Regulator issues a Financial Support Direction or a Contribution Notice to any Credit Party in an aggregate amount which could reasonably be expected to have a Material Adverse Effect.

More Definitions of Financial Support Direction

Financial Support Direction means a direction issued under section 43 (financial support directions);

Financial Support Direction has the meaning set out in section 43 of the UK Pensions Xxx 0000.

Financial Support Direction means a direction issued under section 43 (financial support directions) of the Act;

Financial Support Direction means a direction issued under section 43 of the Act or Article 39 of the Order (financial support directions);

Financial Support Direction means a financial support direction issued by the Pensions Regulator under s43 of the United Kingdom’s Pensions Act 2004.

Financial Support Direction means a financial support direction issued by the Pensions regulator under section 43 of the United Kingdom Pensions Act 2004.

Financial Support Direction means a direction issued under Article 39 (financial support directions);