PBGC Settlement definition

PBGC Settlement means the settlement agreement between the Company and the Pension Benefit Guaranty Corporation (or any successor entity) as amended, modified, restated or replaced from time to time.

PBGC Settlement means the settlement agreement between the Issuer and the Pension Benefit Guaranty Corporation (or any successor in interest thereto) as amended, supplemented, modified, extended, restructured, renewed, restated or replaced in whole or in part from time to time.

PBGC Settlement means the settlement with PBGC, the principal terms of which are set forth in the PBGC Stipulation of Settlement.

Examples of PBGC Settlement in a sentence

• The PBGC Settlement Order (as defined in the Plan) shall have been entered and be in effect and the PBGC Settlement (as defined in the Plan) shall have been entered into and consummated, in each case, without giving effect to any amendment, modification or supplement that would, individually or in the aggregate, reasonably be expected to adversely affect the interests of the Joint Lead Arrangers or the Lenders in any material respect.

• The PBGC Settlement Agreement was filed with the Bankruptcy Court on July 21, 2009 (Docket No. 18559).

• In accordance with the PBGC Settlement Agreement, the New UAL Contingent Senior Notes shall be issued no later than 45 days following the end of any given fiscal year, starting with the fiscal year ending December 31, 2009 and ending with the fiscal year ending December 31, 2017, in which there is a “Trigger Date,” as defined in the PBGC Settlement Agreement.

• Pursuant to the PBGC Settlement Agreement, the PBGC has agreed not to assert any Administrative Claims against the Debtors.

• Seller is the record and beneficial owner of all of the Shares free and clear of all Encumbrances, other than Encumbrances pursuant to the Senior Secured Credit Facility, the PBGC Settlement Agreement or this Agreement.

More Definitions of PBGC Settlement

PBGC Settlement means the settlements and compromises by and among the Debtors, PBGC, and the Creditors’ Committee as set forth in the Settlement Agreement by and Among the Debtors, PBGC, and the Creditors’ Committee (I) Fixing the Amount of PBGC’s Claims, (II) Providing for Termination of Debtors’ Pension Plan, (III) Increasing Distributions to General Unsecured Creditors, and (IV) Resolving Related Matters dated March 31, 2014, which was approved by order of the Bankruptcy Court entered on April 29, 2014.

PBGC Settlement means the settlement with PBGC, the agreed terms of which are incorporated herein and described in the Disclosure Statement.

PBGC Settlement means the settlement agreement dated July 22, 1998 between Lyondell and the Pension Benefit Guaranty Corporation (or any successor entity).

PBGC Settlement means the settlement between United Components, Pactiv and PBGC in substantially the form attached hereto as Exhibit B, with only such changes as may be agreed by the Debtors, Committee, the Rank Parties and the Majority Noteholders.

PBGC Settlement means that certain Stipulation and Agreed Order By and Between Debtors and Pension Benefit Guaranty Corporation dated as of April 21, 2003.

PBGC Settlement shall have the meaning ascribed to it in the Plan of Reorganization.

PBGC Settlement means the settlement reached between the Debtors and the PBGC, in consultation with the Creditors' Committee, with regard to the PBGC Claims and related matters, which is subject to Bankruptcy Court approval pursuant to Rule 9019 of the Bankruptcy Rules.