Funded Current Liability Percentage definition

Funded Current Liability Percentage as defined in Section 401(a)(29) of the Code.
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Funded Current Liability Percentage has the meaning ascribed to that term in Code Section 401(a)(29).
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Funded Current Liability Percentage means “funded current liability percentage” within the meaning of Section 412(1)(8)(B) of the Internal Revenue Code.
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Examples of Funded Current Liability Percentage in a sentence

  • Permit any Pension Plan to have a Funded Current Liability Percentage of less than 60 percent.

  • The Funded Current Liability Percentage of each Single Employer Plan for the current plan year is at least eighty percent (80%).

  • The Borrower will not permit any Pension Plan to have a Funded Current Liability Percentage of less than 60 percent.

  • Permit or cause any Pension Plan to have a Funded Current Liability Percentage of less than 60%, or increase benefits, or permit any of its Subsidiaries so to do, under any Employee Benefit Plan or establish or contribute to any new Employee Benefit Plan except to the extent that the same could not reasonably be expected to result in a Material Adverse Effect.

  • Cause any Pension Plan to have a Funded Current Liability Percentage of less than 60%, or increase benefits, or permit any of its Subsidiaries so to do, under any Employee Benefit Plan or establish or contribute to any new Employee Benefit Plan except to the extent that the same could not reasonably be expected to result in a Material Adverse Effect.


More Definitions of Funded Current Liability Percentage

Funded Current Liability Percentage has the meaning ascribed to such term in Code Section 401(a)(29).
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Funded Current Liability Percentage has the meaning set forth in Section 412(l)(9)(C) of the Code.
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Funded Current Liability Percentage means "funded current liability percentage" within the meaning of Section 412(1)(8)(B) of the Internal Revenue Code.
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Funded Current Liability Percentage as defined in Section ----------------------------------- 401(a)(29) of the Code. "Funding Date" means the date upon which the First Additional Term ------------ Loans are made.
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Funded Current Liability Percentage as defined in Section ----------------------------------- 401(a)(29) of the Code. "Funding Date": [Intentionally Omitted] ------------ "GAAP": generally accepted accounting principles set forth in the ---- opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession, that are applicable to the circumstances as of the date of determination, consistently applied. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in this Agreement, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to reflect such change in GAAP (subject to the approval of the Required Lenders), provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and
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Funded Current Liability Percentage shall have the meaning set forth in Section 401(a)(29) of the Code.
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Funded Current Liability Percentage as defined in Section 401(a)(29) of the Code. "GAAP": generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession, that are applicable to the circumstances as of the date of determination, consistently applied. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in this Agreement, and either the Borrower or the Required Lenders shall 7
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