Modified Plan Agreement definition

Modified Plan Agreement means that certain Binding Agreement To Propose and Support Modified Plan Agreement dated as of December 15, 1997, by and among the Debtor, UDC and the Committee.
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Examples of Modified Plan Agreement in a sentence

  • The Debtor and the Committee agree and are hereby prohibited from further "shopping" this Modified Plan Agreement to third parties and, except as otherwise provided herein, later withdrawing its support of the Modified Plan Agreement.

  • By signing this letter where appropriate below, UDC, the Debtor and the Committee agree that this letter will suffice as an agreement binding the signatories to support confirmation of a Chapter 11 Plan containing terms consistence with the Modified Plan Agreement, and not containing other provisions materially altering the provisions herein, subject only to the fiduciary obligations, if any, of the Debtor and the Committee to consider higher and better offers, if any.

  • This Modified Plan Agreement is expressly subject to: (a) execution and filing with the bankruptcy court of a definitive Chapter 11 Plan, the related documents contemplated herein and approval by the court with jurisdiction over the Debtor's Chapter 11 Case; and (b) approval of the Securitized Pools 11 Servicing Fee (provided that UDC may unilaterally waive this Section 20(b)).

  • All parties will work cooperatively with one another regarding sharing of expected public disclosure of this Modified Plan Agreement to provide each party sufficient time to prepare for the reaction to such public disclosure.

  • This Modified Plan Agreement shall supersede and replace that certain latter agreement dated as of November 14, 1997 by and among the Debtor, UDC and the Committee (the "November 14 Agreement"), and upon execution of this Modified Plan Agreement, the November 14 Agreement shall be of no further force or effect.

  • Signatures by the Chairperson of the Committee to this Modified Plan Agreement will be accepted by the Debtor and UDC as a binding commitment and agreement by the Committee to support confirmation of a chapter 11 plan containing terms consistent with the terms of this Modified Plan Agreement ("Chapter 11 Plan"), except as otherwise provided in paragraphs 16, 17, 20 and 21 of this Modified Plan Agreement.

  • Absent such binding agreement by the Committee, UDC and the Debtor reject such Modified Plan Agreement, and reserve the right to file and seek approval of the Plan Agreement as previously disclosed to the Committee.

  • Wherever in paragraphs 3 and 4 of this Modified Plan Agreement there are references to servicing of the Securitized Pools, such references shall not be deemed to reference the 1997-2 securitized loan pool unless the Debtor or UDC becomes the servicer of that pool.

  • This Modified Plan Agreement can be signed by all parties in counterparts.

Related to Modified Plan Agreement

  • Plan Agreement means a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the Participant.

  • Salary Reduction Agreement means an agreement between a dis- trict and an employee to reduce the employee’s salary for the pur- pose of making direct contributions to or purchases of a qualified investment product. Art. 6228a-5, Sec. 4(5), Tex. Rev. Civ. Stat.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Adoption Agreement means the written agreement pursuant to which the Employer adopts the Plan. The Adoption Agreement is a part of the Plan as applied to the Employer.

  • Deferral Agreement means the annual written agreement between the Funds and the Participant to defer Compensation under the Plan.

  • withdrawal agreement means an agreement (whether or not ratified) between the United Kingdom and the EU under Article 50(2) of the Treaty on European Union which sets out the arrangements for the United Kingdom's withdrawal from the EU.

  • Enrollment Agreement means an agreement between the Company and an employee, in such form as may be established by the Company from time to time, pursuant to which the employee elects to participate in this Plan, or elects changes with respect to such participation as permitted under the Plan.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Participation Agreement means, with respect to each Indenture, the "Participation Agreement" referred to therein.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Election Agreement means an agreement in the form that the Company may designate from time to time that is consistent with the terms of the Plan.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • Salary reduction plan means a benefit plan whereby state and

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Rollover Agreement has the meaning set forth in the Recitals.

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Participant Agreement means an employment or other services agreement between a Participant and the Service Recipient that describes the terms and conditions of such Participant’s employment or service with the Service Recipient and is effective as of the date of determination.

  • Certified Plan means all the terms and benefits (including any Supplement(s)) that form an insurance plan certified by the Government to be compliant with the requirements of the VHIS. This Certified Plan comprises these Terms and Conditions and the Benefit Schedule and the followings –

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit have the meanings specified in ERISA.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.