Multiemployer Benefit Plan definition

Multiemployer Benefit Plan means any Benefit Plan that is a multiemployer plan as defined in Section 4001(a)(3) of ERISA.
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Multiemployer Benefit Plan means a benefit plan maintained pursuant to one or more collective bargaining agree- ments between 2 or more employers and one or more employee organizations under which each employer makes contributions to provide sickness or accident disability payments through the plan to eligible employees or their dependents.
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Multiemployer Benefit Plan means a Benefit Plan maintained pursuant to a collective bargaining agreement or any other arrangement to which the Borrower or any member of the Controlled Group is a party to which more than one employer is obligated to make contributions.
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Examples of Multiemployer Benefit Plan in a sentence

  • Company is not required to contribute to any Multiemployer Plan, nor does Company have any liability to 14 any Multiemployer Benefit Plan.

  • To the best of each such Person's knowledge, no such Multiemployer Benefit Plan is in Reorganization or Insolvent.

  • The Borrower shall not, and shall not permit any Material Subsidiary or any ERISA Affiliate of the Borrower or any Material Subsidiary, to permit any Benefit Plan (other than a Multiemployer Benefit Plan) to have a Funded Current Liability Percentage of less than 60% in respect of the Borrower and its Consolidated Subsidiaries taken as a whole.

  • To the best of each such Person’s knowledge, no such Multiemployer Benefit Plan is in Reorganization or Insolvent.

  • No such Multi-employer Benefit Plan is in Reorganization or Insolvent.

  • General Partner and Partnership are not required to contribute to any Multiemployer Plan and do not have any liability to any Multiemployer Benefit Plan.

  • Except as otherwise disclosed on Schedule 3.12, neither the Borrower nor any of its Subsidiaries or ERISA Affiliates contributes to or maintains a Multiemployer Benefit Plan.

  • Companies are not required to contribute to any Multiemployer Planned do not have any liability to any Multiemployer Benefit Plan.


More Definitions of Multiemployer Benefit Plan

Multiemployer Benefit Plan means any Benefit Plan that is a multiemployer plan as defined in Section 4001(a)(3) of ERISA. "Note" is defined in Section 2.11.
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Multiemployer Benefit Plan of any Person, means, a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which such Person is making or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make contributions.
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Multiemployer Benefit Plan as defined in Section 5.14(H).
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Multiemployer Benefit Plan means any Benefit Plan that is a multiemployer plan as defined in Section 4001(a)(3) of ERISA. “Note” is defined in Section 2.7. “Obligations” means all unpaid principal of and accrued and unpaid interest with respect to any Loan and all expenses, reimbursements, indemnities and other obligations of the Borrower to the Lenders or to any Lender, the Agent or any indemnified party arising under the Loan Documents. “OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control. “Other Agents” is defined in Section 10.14. “Other Taxes” is defined in Section 3.5(ii). “Outstanding Credit Exposure” means, as to any Lender at any time, the sum of the aggregate principal amount of its Loans outstanding at such time. “Participant Register” has the meaning specified in Section 12.2(c). “Participants” is defined in Section 12.2(a). “PATRIOT Act” means the USA Patriot Act of 2001, 31 U.S.C. Section 5318.
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Multiemployer Benefit Plan means any Benefit Plan that is a multiemployer plan as defined in Section 4001(a)(3) of ERISA. “Note” is defined in Section 2.7. “Obligations” means all unpaid principal of and accrued and unpaid interest with respect to any Term Loan, all accrued and unpaid fees and all expenses, reimbursements, indemnities and other obligations of the Borrower to the Lenders or to any Lender, the Agent or any indemnified party arising under the Loan Documents. “OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control. “Other Agents” is defined in Section 10.14. “Other Taxes” is defined in Section 3.5(ii). “Outstanding Credit Exposure” means, as to any Lender at any time, the sum of the aggregate principal amount of its Term Loans outstanding at such time. “Participant Register” has the meaning specified in Section 12.2(c). “Participants” is defined in Section 12.2(a). “PATRIOT Act” means the USA Patriot Act of 2001, 31 U.S.C. Section 5318. “Payment Date” means the last Business Day of each March, June, September and December or, if such day is not a Business Day, the immediately succeeding Business Day. “Payment Recipient” is defined in Section 10.16(a). “PBGC” means the Pension Benefit Guaranty Corporation, or any successor thereto.
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Related to Multiemployer Benefit Plan

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).