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 Contingent PBGC Secured Claim and PBGC General Unsecured Claim.

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

• On the date hereof, the Creditors’ Committee filed an objection to the PBGC Claims, supplementing the Preliminary Objection filed by BFG [Docket No. 1376].

• All of the assertions and legal arguments as to why the PBGC Claims are overstated and should be disallowed or estimated at amount tens of millions of dollars less than the proposed allowed amount of $95 million set forth in the Settlement Motion are incorporated herein by reference.

• On February 18, 2014, BFG filed the Preliminary Objection, requesting that this Court (i) disallow and/or estimate at significantly reduced amounts the PBGC Claims for purposes of voting and distribution, and (ii) deny the Settlement Motion.

• Each of these additional PBGC Claims also asserts joint and several liability against Maxus and each of its controlled group members as defined under Title IV of ERISA.

• Upon information and belief, the Hillsdale Claims assert liabilities duplicative of liabilities asserted in the PBGC Claims.

More Definitions of PBGC Claims

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 all Claims of the PBGC against any of the Debtors.

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, consistent with the provisions of Article V hereof.

PBGC Claims means claims arising from the termination of the Debtors’ qualified defined benefit pension plan.

PBGC Claims means any Claim asserted by PBGC against the Debtor in accordance with the terms of the PBGC Settlement Agreement. The PBGC Claims consist of a non-priority, unsecured claim in the amount of $95 million against the 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].