Pension Transfer Amount has the meaning set forth in Section 10.1(c)(vii).
Pension Transfer Amount means the amount equal to the projected benefit obligation for Transferred Individuals under such plan as of the Close of the Distribution Date (using the actuarial methods and assumptions used to value the plan on a termination basis).
Pension Transfer Amount has the meaning set forth in Section 6.6(i)(i).
Examples of Pension Transfer Amount in a sentence
If such recalculated amount does not exceed the Final Pension Transfer Amount set forth in the Pension Statement by more than 5%, then for all purposes under this Agreement the Final Pension Transfer Amount shall be the Final Pension Transfer Amount as set forth in the Pension Statement.
The third actuary shall recalculate the Final Pension Transfer Amount and if such recalculated amount exceeds the Final Pension Transfer Amount set forth in the Pension Statement by more than 5%, then such recalculated amount shall serve as the Final Pension Transfer Amount for all purposes under this Agreement.
Notwithstanding anything in this Agreement to the contrary, with respect to each Transferred Pension Plan, in the event the Pension Transfer Amount is less than the Final PBO Amount with respect to such plan, the Company will pay to Parent a cash amount equal to such deficit within thirty (30) days after the determination of the Final PBO Amount with respect to such plan.
Upon receipt of such objection, Cadbury and DPSG shall make a good faith attempt to resolve their dispute as to the Final Pension Transfer Amount.
Cadbury shall provide DPSG with all information reasonably necessary to review the calculation of the Final Pension Transfer Amount in all material respects and to verify that such calculations have been performed in a manner consistent with the terms of this Agreement.
More Definitions of Pension Transfer Amount
Pension Transfer Amount means the minimum required transfer amount determined in accordance with the terms of the Avaya Inc. Pension Plan and the requirements of Section 414(1) of the Code based on the accrued benefit obligation, as of the Closing Date, of Represented Transferred Employees as if they were employed as of such date by Seller, utilizing the "safe harbor" rates and assumptions set forth in the regulations promulgated under Section 4044 of ERISA as of the Closing Date, except that the termination and retirement rate assumptions utilized for purposes of this Section 5.4(f) shall be the assumptions set forth on Schedule 5.4(f) and no expense load, including any loading charge determined under the Loading Assumptions set forth in Appendix C to Part 4044 of the PBGC Regulations, shall be charged and the assets of the Avaya Inc. Pension Plan shall be deemed to include all accrued but unpaid contributions to the plan.
Pension Transfer Amount means the lesser of (A) and (B), where (A) shall be an amount equal to the sum of the following calculations for each plan: the fair market value of the assets (including updated values as of the Distribution Date for private equity investments) of the LRIP or the Lucent Pension Plan, respectively, as of the Distribution Date multiplied by a fraction, the numerator of which shall be the projected benefit obligation for Transferred Individuals under each such plan as of the Distribution Date (using the actuarial methods and assumptions utilized by Lucent in accordance with FAS 87 reporting for determining the disclosure of the projected benefit obligation as of September 30, 2001, and the denominator of which shall be such projected benefit obligation in respect of all participants (including Transferred Individuals) under each such plan (using the same actuarial methods and assumptions), and (B) shall be an amount such that the projected net pension and other postretirement health and life benefit income to Agere under FAS 87 and 106 for the calendar quarter commencing the first of the month immediately following the Distribution Date, based on the plan provisions in effect on the Distribution Date and based on the assumptions set forth in the remainder of this Section 3.2(c), is $0.
Pension Transfer Amount. Section 5.4(f) "Post-Closing Statement" Section 2.4(a) "Primary Closing" Section 8.4 "Purchase Price" Section 2.3 "Purchase Agreement" Preamble "Purchased Assets" Section 2.1 "PWC" Section 5.16
Pension Transfer Amount means the
Pension Transfer Amount. Section 7.13(f) “Pension Transfer Date” Section 7.13(b) “Potential Contributor” Section 9.05 “Precoat Bidder Confidentiality Agreements” Section 5.12(d) “Precoat Business” Recitals “Precoat Participants” Section 7.13(b) “Precoat Pension Plan” Section 7.13(a) “Precoat Pension Trust” Section 7.13(a) “Precoat Plan Sponsor” Section 7.13(a) “Precoat Sale Restructuring” Section 2.01 “Preliminary Closing Statement” Section 2.05(a) “Prior Business Counsel” Section 11.14(d) “Privileged Chromalloy Information” Section 11.14(b) “Privileged Materials” Section 11.14(c) “Privileged Transaction Information” Section 11.14(a) “Privileges” Section 11.14(a) “Proposed General Allocation” Section 6.01(g)
Pension Transfer Amount means the assets allocated to the Precoat Pension Plan based on the Transferred Pension Benefits as of the Pension Transfer Date, determined in compliance with the 414(l)
Pension Transfer Amount means the greater of (A) and (B), where (A) shall be the minimum required transfer amount determined in accordance with the terms of Seller's pension plans and the requirements of Section 414(1) of the Code, utilizing the "safe harbor" rates and assumptions set forth in the regulations promulgated under Section 4044 of ERISA as of the Closing Date, except that the termination and retirement rate assumptions utilized for purposes of this Section 5.4(h) shall be the assumptions used by Seller to determine the funding requirements for the 2000 plan year and that no expense load, including any loading charge determined under the Loading Assumptions set forth in Appendix C to Part 4044 of the PBGC Regulations, shall be charged, and (B) shall be the sum of (I) and (II) less (III), where (I) is the accumulated benefit obligation under FAS 87 as of the Closing Date with respect to Represented Transferred Employees, (II) is the accumulated postretirement benefit obligation for post-retirement medical and dental plans under FAS 106 as of the Closing Date with respect to Represented Transferred Employees, and (III) is the amount transferred under Section 5.4(i) with respect to the postretirement medical and dental plans for Represented Transferred Employees. For purposes of the preceding sentence, such accumulated benefit obligation and accumulated postretirement benefit obligation shall be determined on the basis of the plan provisions in effect on the Closing Date and the actuarial methods and assumptions (based on the terms and conditions of the United States collective bargaining agreement in effect as of September 30, 2000) utilized for purposes of Seller's financial disclosures under FAS 87 and 106 for such plans as of September 30, 2000."