Pension Commitments definition

Pension Commitments means any agreement or other commitment of individual or collective nature, including commitments based on works custom (betriebliche Übung), to the extent known to such party, or collective grant (Gesamtzusage) regarding pensions (betriebliche Altersversorgung) under which the Company or its Subsidiaries have any obligations;
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Pension Commitments has the meaning specified in clause 9.16.4.
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Pension Commitments has the meaning set forth in Section 4(cc)(vi).
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Examples of Pension Commitments in a sentence

  • All obligations under or in connection with the Pension Commitments, including obligations arising by operation of law that have become due have been fulfilled by the Companies.

  • All employer and employee contributions required by law or by the terms of the Pension Commitments to be paid, deducted or remitted with respect to a Business Employee have been so paid, deducted, or remitted in a timely fashion.

  • Pension Commitments There is a defined benefit pension scheme in Norway for the benefit of ECsoft Norge AS employees.

  • The calculation is in compliance with the terms of the Pension Commitments and does not contain any calculation errors.

  • Pension Commitments We maintain an unfunded, multi-employer, non-contributory, defined benefit pension plan on behalf of ourselves and the owners of certain managed properties.

  • Exhibit 11.3(g)(iii) includes a list of all written agreements and other written commitments and all material non written obligations, whether of an individual or collective nature, regarding pensions (betriebliche Altersversorgung) under which such Group Entity has any obligations ( the "Pension Commitments").

  • Except as disclosed in Exhibit 7.3.5 (ii), all future obligations under or in connection with the Pension Commitments, including obligations arising by operation of law, are as at the Signing Date fully funded according to the requirements established by law and the Pension Commitments based on the most recent actuarial data.

  • Each Company has set aside book reserves for pension liabilities as required by law and the Pension Commitments.

  • None of the Movianto Companies is a sponsoring employer (Trägerunternehmen) or otherwise committed to provide funding to any external pension funds (Unterstützungskasse, Pensionskasse oder Pensionsfonds) or trust or other legal structure which funds any Pension Commitments.

  • The Pension Commitments of Movianto France SAS, Movianto GmbH and Movianto Deutschland GmbH have been evaluated in the last actuarial reports as of the date of the Annual Financial Statements which are known to the Purchasers.


More Definitions of Pension Commitments

Pension Commitments shall bear the meaning given to such term in Section 8.1.6d);
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Pension Commitments means any agreement or other commitment of individual or collective nature, including commitments based on works custom (betriebliche Übung), to the extent known to Parent, or collective grant (Gesamtzusage) regarding pensions (betriebliche Altersversorgung) under which Parent or any of its Subsidiaries has any obligations. No change in the Pension Commitments has been announced or is under consideration and being discussed with employee representatives. All obligations under or in connection with the Pension Commitments, including obligations arising by operation of law (but as far as commitments based on works custom are concerned, only to the extent known to Parent), that have become due on or prior to the Closing Date have been fulfilled by Parent and its Subsidiaries, as applicable. All future obligations under or in connection with the Pension Commitments, including obligations arising by operation of law (but as far as commitments based on works custom are concerned, only to the extent known to Parent), appertaining to periods until the Closing Date are fully funded according to the requirements established by law and/or the Pension Commitments based on the most recent actuarial data. Parent and its Subsidiaries have always made sufficient provisions for the Pension Commitments in their financial statements with the maximum amounts allowed under the applicable tax, accounting and commercial laws. All contributions due and payable to the pension guarantee association (Pensionssicherungsverein) until the date hereof have been paid by Parent and its Subsidiaries, as applicable, and will be paid by them until the Closing Date. All pension payments have been adjusted in the past pursuant to the consumer price index in accordance with applicable law, regulations or plan provisions, as applicable.
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Pension Commitments has the meaning given to that term in Clause 19.2.2(iv) (Transfer of Employees / Indemnification);
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Pension Commitments has the meaning given in Section 11.3(g)(iii).
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Pension Commitments has the meaning given in Section 2.21(l).
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Related to Pension Commitments

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender's Revolving Commitment, if any, is set forth in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Effective Date is $50,000,000.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • L/C Commitment $50,000,000.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Unfunded Commitments means legally binding investment commitments that are tracked and recorded by the institution's financial reporting system.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Term Commitments means an Initial Term Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche A Commitments is $100,000,000.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.