Plan Assets definition

Plan Assets means “plan assets” within the meaning of the Plan Asset Regulations.
Plan Assets means assets of any (i) employee benefit plan (as defined in Section 3(3) of ERISA) subject to Title I of ERISA, (ii) plan (as defined in Section 4975(e)(1) of the Code) subject to Section 4975 of the Code, or (iii) governmental plan (as defined in Section 3(32) of ERISA) subject to federal, state or local laws, rules or regulations substantially similar to Title I of ERISA or Section 4975 of the Code.
Plan Assets means “plan assets” within the meaning of U.S. Department of Labor Regulation 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA.

Examples of Plan Assets in a sentence

  • No Loan Party will take any action that would cause it to fail to qualify as an Operating Company, if its underlying assets would constitute Plan Assets absent qualification as an Operating Company.


More Definitions of Plan Assets

Plan Assets has the meaning given to such term in Section 3(42) of ERISA.
Plan Assets means assets of a Plan within the meaning of section 29 C.F.R. section 2510.3-101 or similar law.
Plan Assets means assets of any (i) employee benefit plan (as defined in Section 3(3) of ERISA) subject to Title I of ERISA, (ii) plan (as defined in Section 4975(e)(l) of the Code) subject to Section 4975 of the Code, or (iii) governmental plan (as defined in Section 3(32) of ERISA) subject to any other federal, state or local laws, rules or regulations substantially similar to Title I of ERISA or Section 4975 of the Code.
Plan Assets. The meaning specified in Section 2510.3-101 of the Department of Labor Regulations and as described in Section 3.05 of the Trust Agreement.
Plan Assets means all Contributions and Government Funded Benefits paid to the Plan in respect thereof, together with the income and gains derived from the investments and reinvestments thereof, less any losses of any investment or reinvestment, less any fees and administration expenses of the Promoter and the Trustee paid out of the Plan, and less any Government Funded Benefit refunds required by the Applicable Legislation. For greater certainty, Plan Assets includes all investments held from time to time by or on behalf of the Trustee in accordance with the Plan as well as amounts transferred pursuant to the Applicable Legislation from other registered education savings plans, if any;
Plan Assets has the meaning set forth in Section 3.04(d).
Plan Assets. Assets of a Plan within the meaning of Department of Labor regulation 29 C.F.R. § 2510.3-101.