Master Pension Trust definition

Master Pension Trust has the meaning set forth in Section 5.6(a) of this Agreement.
Master Pension Trust means the trust to be established or maintained by Spinco pursuant to Section 3.2 that corresponds to the NSI Master Pension Trust and that will be associated with the Spinco Pension Plans.
Master Pension Trust when immediately preceded by "NSI," means the trust evidenced by the National Service Industries, Inc. Defined Benefit Plans Master Trust Agreement, as amended from time to time, and currently associated with the defined benefit plans that are sponsored by NSI or one of its affiliates. When immediately preceded by "Spinco," "Master Pension Trust" means the trust to be established or maintained by Spinco pursuant to Section 3.2 that corresponds to the NSI Master Pension Trust and that will be associated with the Spinco Pension Plans.

Examples of Master Pension Trust in a sentence

  • Master Pension Trust to transfer the assets and liabilities of such plans (in cash or in kind as the parties agree) to such newly established trust.

  • The Company shall, within 180 days following the Distribution Date, but in no event prior to the receipt by the Company of written evidence of the adoption of the Spinco SSL Trust, direct the Trustees of the Loral Master Pension Trust (the "Master Trust") to transfer in cash or in kind as agreed to by SSL and the Company from the Master Trust to the Spinco SSL Trust, the assets held by the Master Trust under the SSL Plan.

  • Raytheon Master Pension Trust By: Columbia Management Investment Advisers, LLC, as its agent, as a Lender By: /s/ ▇▇▇▇ ▇.

  • Acuity shall retain the sponsorship, and responsibility for, the Master Pension Trust and all of its assets.

  • The parties hereto agree that no beneficiary, trustee or officer of the Master Pension Trust may be held personally liable or responsible for any obligations of the Master Pension Trust arising out of this Agreement.

  • Master Pension Trust for approximately $26,000, each of the Borrower and the other Loan Parties hereby unconditionally and irrevocably release, waive, acquit and discharge all liabilities, claims, suits, debts, liens, losses, causes of action, demands, rights, damages or costs, or expenses of any kind, character or nature whatsoever, known or unknown, fixed or contingent (collectively, the “Claims”) which any of them may have or claim to have against LCPI and ▇▇▇▇▇▇ Brothers Special Financing Inc.

  • By accepting the assets transferred, Spinco acknowledges that it and not NSI is serving as the fiduciary for the Spinco Master Pension Trust with respect to the determination and actual transfer of assets from the NSI Master Pension Trust and that, acting as fiduciary for the Spinco Pension Plans, Spinco further acknowledges that it is able to change the asset allocation as it deems appropriate at any time.

  • With respect to obligations of the Master Pension Trust arising out of this Agreement, the parties hereto shall look for payment or satisfaction of any claim solely to the assets and property of the Fidelity Real Estate Account.

  • Each of the parties hereto acknowledges and agrees that this Agreement is not executed on behalf of the trustee of the Master Pension Trust individually or on behalf of the entire Master Pension Trust, and the obligations of this Agreement are not binding upon any of the trustees, officers or beneficiaries of the Master Pension Trust individually, but are binding only upon the assets and property of the Fidelity Real Estate Account.

  • Velky, CFA, CRE Boise Cascade, L.L.C. Master Pension Trust c/o ▇▇▇▇ ▇.


More Definitions of Master Pension Trust

Master Pension Trust means the trust evidenced by the Acuity Brands, Inc. Defined Benefit Plans Master Trust Agreement, as amended from time to time, and currently associated with the defined benefit plans that are sponsored by Acuity or one of its affiliates.
Master Pension Trust means the master trust established by Vlasic pursuant to Section 3.2(b) that corresponds to the CSC Master Pension Trust.