PBGC Agreement definition

PBGC Agreement has the meaning given such term in the Recitals.

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PBGC Agreement means that certain term sheet by and among AB Acquisition LLC, the Borrower and the PBGC, dated January 9, 2013, and any subsequent agreement entered into pursuant thereto.

PBGC Agreement means (i) initially, the Memorandum of Understanding dated January 3, 2000 between the Borrower and the PBGC concerning certain of the Borrower's Pension Plans and (ii) from and after the execution of definitive documentation thereafter entered into between the Borrower on substantially the same terms as set forth in such Memorandum of Understanding, such definitive documentation.

Examples of PBGC Agreement in a sentence

• Upon and after Closing, Sellers shall not use or disburse any of the proceeds of the sale of the Purchased Assets in contravention of the terms of the PBGC Agreement.

• Each Loan Party and each ERISA Affiliate has made all required contributions, including without limitation any such contributions required pursuant to the PBGC Agreement, to each Plan subject to Sections 302 or 303 of ERISA or Sections 412 or 430 of the Code, and no application for a funding waiver or an extension of any amortization period pursuant to Section 302 of ERISA or Section 412 of the Code has been made with respect to any Plan.

• The PBGC Agreement, the PBGC Guaranty and the CGI Side Letter are hereby terminated in their entirety and shall be void and of no further force or effect.

• The PBGC Agreement must fully, unconditionally and completely release any claims and/or liens of the PBGC against the Purchaser and the Purchased Assets, which release provided in the PBGC Agreement must be acceptable to Purchaser.

• The RTI PBGC Agreement will have been reached with the PBGC and will remain in full force and effect.

More Definitions of PBGC Agreement

PBGC Agreement means that certain confidential term sheet dated June 25, 1999 between the Company and the PBGC, setting forth the undertakings of the Company to make contributions to certain of its U.S. Plans, and any definitive documentation replacing such confidential term sheet to the extent such documentation sets forth the terms described in such term sheet as in effect on the date hereof.

PBGC Agreement means that certain agreement between Tultex and the PBGC dated as of July 2, 1999.

PBGC Agreement means the settlement and consent agreement, substantially in the form of Exhibit G-1 hereto, to be executed by and between the Debtors and the PBGC as a condition to confirmation pursuant to Article IX.A of this Plan.

PBGC Agreement means the Settlement Agreement, dated as of [__], 2011, among the Company, Tube Forming, L.P., Wolverine Joining Technologies, LLC, WT Holding Company, Inc., TF Investor, Inc. and the PBGC, as amended, restated, supplemented or otherwise modified from time to time.

PBGC Agreement means that certain Amendment and Restatement of Term Sheet between the PBGC and U.S. Borrower dated July 23, 2003.

PBGC Agreement shall have the meaning set forth in Sections 6.16 and 7.4.

PBGC Agreement means the settlement agreement between the Debtors and the PBGC pursuant to terms and conditions reasonably acceptable to the Subcommittees relating to the Claims asserted by the PBGC against the Estates regarding the funding levels of the Pension Plans.