PBGC Claim definition

PBGC Claim means any Claim of the PBGC arising out of the Pension Plan.

PBGC Claim means the Claim held by the Pension Benefit Guaranty Corporation in the amount of the PBGC Claim Amount

PBGC Claim means that certain $2.2 billion Allowed General Unsecured Claim against the Debtors that was Allowed pursuant to the Final Order approving the PBGC Settlement Agreement, which Allowed General Unsecured Claim is not subject to reconsideration under section 502 of the Bankruptcy Code or otherwise.

Examples of PBGC Claim in a sentence

• Notwithstanding the foregoing, the PBGC Claim and any Claim arising out of the U.K. Pension Plan shall be deemed withdrawn on the Effective Date.

• Any Unsecured Claim, that is not a/an: (a) Intercompany Claim; (b) Unsecured Convenience Class Claim; (c) Unsecured Retiree Convenience Class Claim; (d) Unsecured Retained Aircraft Claim; (e) Unsecured Rejected Aircraft Claim; (f) Unsecured PBGC Claim; (g) Unsecured Chicago Municipal Bond Claim, or (h) Public Debt Aircraft Claim.

• After carefully reviewing this Disclosure Statement, the Plan and the other applicable Solicitation Materials, each Holder of a Senior Note Claim, the Holder of a PBGC Claim and each Holder of an Old Common Stock Interest should vote to accept or reject the Plan in accordance with the Voting Instructions, and return the appropriate Ballot(s) or Master Ballot(s) in accordance with the instructions set forth therein so they are received prior to the Expiration Date.

• There can be no assurance, however, that any alternative would be on terms as favorable to Holders of Senior Notes, the PBGC Claim, Old Common Stock or General Unsecured Claims as the proposed restructuring under the Plan.

• The distributions provided in this Section 6.4 are in full settlement, release and discharge of the PBGC Claims and all other Claims, if any, of such Holder directly or indirectly related to or arising out of the transactions, agreements or Instruments upon which the PBGC Claim is based.

More Definitions of PBGC Claim

PBGC Claim means a Claim against a Debtor for termination liability arising under, out of, or in connection with the termination of the Fansteel Consolidated Plan.

PBGC Claim means the Claims filed by the Pension Benefit Guaranty Corporation relating to the underfunding of, or termination of, the Maxus Energy Corporation Career Average Retirement Income Plan and the Diamond Shamrock Corporation Chemical Consolidated Pension Plan.

PBGC Claim means the entire Claim of the PBGC against

PBGC Claim means that certain $2.2 billion Allowed General Unsecured Claim to be Allowed as set forth in the PBGC Settlement Agreement.

PBGC Claim means any Claim of the Pension Benefit Guaranty Corporation against any of the Debtors.

PBGC Claim means all Claims of the PBGC against any of the Debtors and all claims of the PBGC against any non-Debtor Affiliate of any Debtor. If more than one of the Debtors is obligated for the PBGC Claim, the holder thereof shall be deemed for all purposes under this Plan to have only a single Claim.

PBGC Claim means all Claims of the PBGC relating to the Pension Plan (including any liabilities asserted or referenced therein), including all Claims asserted by the PBGC in each of the proofs of claim filed against any of the Debtors.