Plan Asset Regulation definition

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.

Plan Asset Regulation means the regulations promulgated by the United States Department of Labor in Title 29, Code of Federal Regulations, Part 2510, Section 101.3, and any successor regulations thereto.

Plan Asset Regulation means 29 C.F.R. § 2510.3-101, as modified by section 3(42) of ERISA.

Examples of Plan Asset Regulation in a sentence

• In lieu of such opinion, the Administrative Agent may, in its sole and absolute discretion, accept such other assurances from the Borrower as are necessary to satisfy the Administrative Agent, in its sole and absolute discretion, that the assets of the Borrower do not include an Employee Benefit Plan, a Plan, or Plan Assets and are not deemed to include an Employee Benefit Plan, a Plan, or Plan Assets pursuant to the Plan Asset Regulation.

• If, at any time during the entire term of the Loan, any of the investors in or owners of the Borrower shall include an Employee Benefit Plan, a Plan, or Plan Assets, the Borrower shall, as soon as is reasonably possible following an investment by such plan or entity, provide the Administrative Agent with an opinion of counsel reasonably satisfactory to the Administrative Agent indicating that the assets of the Borrower are not deemed to include Plan Assets pursuant to the Plan Asset Regulation.

More Definitions of Plan Asset Regulation

Plan Asset Regulation has the meaning set forth in Section 3.3.

Plan Asset Regulation means 29 C.F.R. Section 2510.3-101 issued by the United States Department of Labor concerning the definition of what constitutes the assets of a Plan with respect to such Plan’s investment in an entity for purposes of the fiduciary responsibility provisions of Title I of ERISA and Section 4975 of the Code.

Plan Asset Regulation means the U.S. Department of Labor regulation located at 29 C.F.R. Section 2510.3-101, or any successor regulation thereto, as in effect at the time of reference, as modified by Section 3(42) of ERISA.

Plan Asset Regulation means U.S. Department of Labor Regulation § 2510.3-101.

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

Plan Asset Regulation shall have the meaning given in Section 10.1(r).

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