New Qualified Plan definition

New Qualified Plan shall have the meaning set forth in Section 8.5.
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Examples of New Qualified Plan in a sentence

  • Any benefits provided under the New Qualified Plan shall be conditioned on a favorable determination letter from the IRS.

  • APP will file for a favorable determination letter from the IRS on the New Qualified Plan and request a favorable determination from the IRS that NewCo is not a member of an affiliated service group (as defined in Section 414(m) of the Code) or a recipient organization of leased employee services (as defined in Section 414(n) of the Code).

  • Costs associated with the establishment and design of the New Qualified Plan shall be paid by APP.

  • The NewCo shall be responsible for funding any contributions to, or any ongoing administrative costs of, the New Qualified Plan.

  • APP shall use its best efforts to establish a qualified plan and trust for NewCo, within the meaning of Section 401(a) and 501(a), respectively, of the Code ("New Qualified Plan") that will provide benefits comparable (as determined under Section 401(a)(4) of the Code) to the benefits provided under the qualified plans referenced in the Disclosure Schedules, if any, sponsored by the Company as of March 31, 1997.

  • APP and APP Sub shall use their best efforts to establish a qualified plan and trust for NewCo, within the meaning of Section 401(a) and 501(a), respectively, of the Code ("New Qualified Plan") that will provide benefits comparable (as determined under Section 401(a)(4) of the Code) to the benefits provided under the qualified plans referenced in the Disclosure Schedules, if any, sponsored by the Company as of March 31, 1997.

  • NewCo shall be responsible for funding any contributions to, or any ongoing administrative costs of, the New Qualified Plan.

  • Benefits provided under the New Qualified Plan shall be conditioned on a favorable determination letter from the IRS.

  • APP will file for a favorable determination letter from the IRS on the New Qualified Plan.

  • Costs associated with the establishment and design of the New Qualified Plan shall be paid by APP or APP Sub.

Related to New Qualified Plan

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

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.09(a).

  • 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.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.19(a).