PBGC Claims definition

PBGC Claims means the Claims (excluding any Administrative Claims) of the PBGC against the Debtors arising from or relating to the pension plans which were or are maintained by any of the Other Kaiser Debtors in the Kaiser Cases and guaranteed by the PBGC, as such Claims are allowed pursuant to the PBGC Settlement Agreement.
PBGC Claims means the Allowed Claims pursuant to the PBGC Stipulation of Settlement and pursuant to the PBGC Settlement Order and/or this Plan, in full and final satisfaction of any Claims, including but not limited to, any and all Claims for unpaid required contributions, unfunded liabilities, PBGC premiums and PBGC termination premiums, arising in connection with the sponsorship, establishment and maintenance of the Avaya Salaried Pension Plan, and the termination thereof, (including in respect of Claims against the Debtors’ and their non-Debtor affiliates on account of alleged “controlled group” liability).

Examples of PBGC Claims in a sentence

  • Class 3 is Impaired and, thus, PBGC, as the holder of the PBGC Claims in Class 3, is entitled to vote to accept or reject the Plan.

  • On the Effective Date, the PBGC will be deemed to have withdrawn the PBGC Claims with respect to the Kmart Corporation Employee Pension Plan.

  • On the Effective Date, the PBGC as holder of the PBGC Claims will, in full and complete satisfaction of such Claims, be entitled to receive the PBGC Percentage of the Cash in the Unsecured Claims Trust Account.

  • Priority Claims, Miscellaneous Secured Claims, PBGC Claims, Convenience Claims and Intercompany LCE Claims shall be Unimpaired by the Plan.

  • For purposes of this Disclosure Statement, PBGC Claims are any and all Claims of the PBGC in respect of pension plans of which Cineplex Odeon or LCE is the plan sponsor, including any action brought under Title IV of ERISA to collect premiums or to recover liabilities incurred in connection with a plan termination.


More Definitions of PBGC Claims

PBGC Claims means all Claims of the PBGC against any of the Debtors.
PBGC Claims means all prepetition general unsecured claims of PBGC, including any UBL Claims, against the Debtors (but not any non-Debtors).
PBGC Claims means claims arising from the termination of the Debtors’ qualified defined benefit pension plan.
PBGC Claims means the Claims (excluding any Administrative Claims) of the PBGC against the Debtors arising from or relating to the pension plans which were or are maintained by any of the Other Kaiser
PBGC Claims means all Claims of the PBGC and all claims of the PBGC against any non-Debtor Affiliate of any Debtor.
PBGC Claims means any Claim asserted by the PBGC, including any Claim on account of any Proof of Claim filed by the PBGC [Claim Nos. 237, 238, 239, 240, 241, and 242].
PBGC Claims means all Claims of the PBGC, which Claims shall be Class 4 General Unsecured Claims.