OPEB Obligations definition

OPEB Obligations means the obligations of the Company or any of its Restricted Subsidiaries in respect of other post-employment benefit plans of the Company or any of its Restricted Subsidiaries.
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OPEB Obligations means other post-employment ---------------- welfare benefit obligations of any Seller Person to any past, current or future employees or retirees of such Seller Person including any past, current or future retirees of either Owner's phosphorus chemicals business or any predecessor thereof.
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OPEB Obligations has the meaning set forth in Section 5.6(h).
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Examples of OPEB Obligations in a sentence

  • The Seller shall, and each Owner shall cause the Seller to, satisfy the OPEB Obligations as they become due.

  • Except as provided in Sections 14.3 and 14.4, all assets in each Account and all income thereon are irrevocably dedicated to, and will be used for the exclusive purpose of, making payments of OPEB Obligations or Pension Obligations, as applicable, under the OPEB Plan or Pension Plan for which the Account was established and for paying the reasonable expenses of the Employer's participation in the Trust.

  • Pechiney Plastics will prepare and distribute any notices required under applicable law advising interested parties of its assumption of the Assumed OPEB Obligations.

  • Assets under the Omnibus Account are available to fund the Employer’s Pension Obligations or OPEB Obligations and allocable expenses of participating in the Trust.

  • The Trust is a multiple-employer trust arrangement established and maintained for the sole purposes of holding the assets used to fund Employers' OPEB Obligations and Pension Obligations, and for paying each Employer's reasonable, allocable expenses of administering the Trust.

  • The Employer will have an interest only in the assets in the Employer's Account, and those assets will be available only to pay the Employer’s OPEB Obligations and Pension Obligations and will not be available to pay any other Employer’s obligations.

  • The Board shall receive and accept for the purposes hereof all contributions described herein and shall hold, invest, reinvest, manage, administer, and distribute Property and the increments, proceeds, earnings, and income solely to meet OPEB Obligations and to fund Health and Welfare Benefits under the Plan as described herein.


More Definitions of OPEB Obligations

OPEB Obligations means the other post-employment benefit obligations of Parent and its Restricted Subsidiaries as reflected in the financial statements of Parent for the Fiscal Year ending October 31, 2016.
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Related to OPEB Obligations

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • U.S. Obligations means non-redeemable securities evidencing an obligation to timely pay principal and/or interest in a full and timely manner that are direct obligations of the United States of America for the payment of which its full faith and credit is pledged.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.