Mandatory Portability Agreement definition

Mandatory Portability Agreement means that agreement, which was originally effective January 1, 1985, between and among Cincinnati Bell Telephone Company and certain other companies to comply with the mandatory portability provisions of the Deficit Reduction Act of 1984 and which provides for the portability of benefits with respect to certain employees who terminate employment with one company subject to the agreement and subsequently commence employment with another company subject to the agreement.
Sample 1Sample 2Sample 3
Mandatory Portability Agreement means the agreement dated and effective January 1, 1985, as amended, between the Company and certain Affiliates designed to implement section 559 of the Deficit Reduction Act of 1984 governing the portability of crediting Service for eligibility, vesting and Accrued Benefits for employees covered under that agreement.
Sample 1Sample 2Sample 3
Mandatory Portability Agreement means the agreement made effective January 1, 1985 among Old U S WEST, AT&T and one or more other companies to implement certain mandatory portability legislation passed by Congress, which agreement provides for the portability of benefits and mutual recognition of Term of Employment with respect to certain Employees who are employed by certain Participating Companies and were previously employed by a Portability Company or who are employed by a Portability Company and were previously employed by certain Participating Companies. The Mandatory Portability Agreement shall be applicable for such period of time as is specified therein.
Sample 1

Examples of Mandatory Portability Agreement in a sentence

  • Prior to divestiture, Pacific Bell and Mountain Bell, among other companies, entered into a Mandatory Portability Agreement (MPA).

  • If you have any questions, please contact the Recordkeeper for more information.Note: Special provisions of the Mandatory Portability Agreement and other Interchange Agreements may also affect these break in service rules.

  • To ensure the portability of employee benefits, the new companies entered into the Divestiture Interchange Agreement of January 1, 1984, and the Mandatory Portability Agreement of January 1, 1985 (Portability Agreements), which govern the recognition of pension benefits of certain employees who move between the newly created independent companies.

  • Notwithstanding any other provision of the Plan, any reference to a person employed by a Portability Company (or any similar reference) shall be limited to “covered employees” as defined in the Mandatory Portability Agreement.

  • See the “Moving Between Members of the AT&T Controlled Group” section for more information.• Special Rule for Employees Who Have Service Recognized by the Mandatory Portability Agreement (MPA)If your pension is transferred from another Bell System pension plan into this Plan in accordance with the MPA, service from your former Interchange Company will be included in your Pension Calculation Service.

  • Note that not all businesses within a portability company may be subject to the Mandatory Portability Agreement, so it is important to be specific about exactly where you will be working.HOW YOUR BENEFIT IS DETERMINED‌ The amount of your pension is the total of your monthly Basic Pension, your monthly Supplemental Benefit (if applicable), and your monthly Additional Pension (if applicable).

  • If an individual is credited with a Term of Employment after a TOE Break (or without incurring a TOE Break), he shall be treated as having “bridged” his prior Term of Employment.(3) A termination of employment from the employ of a Former Affiliate or a Portability Company shall constitute a TOE Break unless the Employee is transferred to or reemployed by a Participating Company (within six months) while covered by an Interchange Agreement or the Mandatory Portability Agreement.

  • An absence from service while in the employ of a Former Affiliate or a Portability Company shall constitute a break in service unless the Employee is transferred to or reemployed by a Participating Company while covered by an Interchange Agreement or the Mandatory Portability Agreement.

Related to Mandatory Portability Agreement

  • Mentor-Protégé Agreement means an agreement between a prime and MBE or WBE subcontractor pursuant to MCC 2-92-535, that is approved by the City of Chicago and complies with all requirements of MCC 2-92-535 and any rules and regulations promulgated by the Chief Procurement Officer.

  • Mandatory Policies means the following of our business policies and codes:

  • Hospital purchaser/provider agreement (HPPA agreement) means a negotiated agreement entered between the fund and the hospital for the cost of hospital treatment.

  • Tax Protection Agreement means that certain Tax Protection Agreement dated as of the date hereof, by and among the REIT, the OP and the parties identified as a signatory on Schedule A thereto.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • Closing protection letter means an agreement by the division to indemnify a lender or owner or both for loss caused by a division closer’s theft of settlement funds or failure to comply with written closing instructions relating to title certificate coverage when agreed to by the division closer.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Restructuring Effective Date has the meaning set out in the Restructuring Implementation Deed;

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Side Letter means any side letter executed by an Investor with any Borrower or the Investment Adviser with respect to such Investor’s rights and/or obligations under its Subscription Agreement and any other applicable Operative Document.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Master Standby Agreement means the Master Agreement for Standby Letters of Credit dated as of the Closing Date among Borrowers, as Applicant(s), and GE Capital, as issuer.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, the Holding LP, the Holding Entities and others;

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.