Plan Asset Notice definition

Plan Asset Notice means a notice delivered by the applicable Borrower Party to any “benefit plan investor” (as defined in Section 3(42) of ERISA) with respect to the treatment of such Borrower Party’s assets as Plan Assets.
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Examples of Plan Asset Notice in a sentence

  • Together with each Request for Borrowing, the Borrower shall deliver: (A) a Borrowing Base Certificate, and (B) a certification stating that no Borrower Party in the Fund Group has delivered a Plan Asset Notice to any Investor nor has any Borrower Party in the Fund Group received from an Investor a Plan Asset Opinion.

  • Together with each Request for Borrowing, the Borrower shall deliver: (A) a Borrowing Base Certificate, and (B) a certification stating that the Borrower has not delivered a Plan Asset Notice to any Investor nor has the Borrower received from an Investor a Plan Asset Opinion.

Related to Plan Asset Notice

  • Plan Assets means “plan assets” within the meaning of the Plan Asset Regulations.

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Plan Asset Regulation means the United States Department of Labor Regulation 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA.

  • Reportable Event means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived.

  • Statewide popular election means a general election in

  • Traditional member of the National Guard or federal reserves means an active member of the Selected Reserve subject to mobilization and deployment for which he or she attends monthly and annual training periods.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Company’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Plan means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA) established by the Borrower or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate.