Plan Fund definition

Plan Fund means such sums that the Debtor will contribute for payment of Allowed Claims under this Plan.

Plan Fund means Cash to be set aside in an interest-bearing account following the Effective Date, in an amount sufficient to: (a) pay the reasonably anticipated expenses of the Liquidating Trust under the Liquidation Alternative, or (b) fulfill the Reorganized Debtor’s obligations under the Plan. The Cash in the Plan Fund shall not be used to pay for the pursuit of the Affirmative Claims or the Avoidance Actions.

Plan Fund means the total of the Investment Fund and the guaranteed benefit policy portion of any Annuity Contract. The Investment Fund shall be valued as stated in its definition. The guaranteed benefit policy portion of any Annuity Contract shall be determined in accordance with the terms of the Annuity Contract and, to the extent that such Annuity Contract allocates contract values to Participants, allocated to Participants in accordance with its terms. The total value of all amounts held under the Plan Fund shall equal the value of the aggregate Participants’ Accounts under the Plan.

Examples of Plan Fund in a sentence

• Each Plan and the provisions of any agreement relating to such Plan must be approved annually by a vote of the Directors of the Fund that has such Plan, including such persons who are not interested persons of such Plan Fund and who have no financial interest in such Plan or any related agreement (“Rule 12b-1 Directors”).

• Under Rule 12b-1, a Plan Fund is permitted to implement or continue a Plan or the provisions of this Agreement relating to such Plan from year to year only if, based on certain legal considerations, the Directors of such Plan Fund are able to conclude that such Plan will benefit the Plan Class.

• You shall furnish us and each Fund that has a Plan Class (each, a “Plan Fund”) with such information as shall reasonably be requested by the Board of Directors, Trustees or Managing General Partners (hereinafter referred to as “Directors”) of such Plan Fund with respect to the fees paid to you pursuant to the Schedule of such Plan Fund.

• You shall furnish us and each Fund that has a Plan Class (each, a "Plan Fund") with such information as shall reasonably be requested by the Board of Directors, Trustees or Managing General Partners (hereinafter referred to as "Directors") of such Plan Fund with respect to the fees paid to you pursuant to the Schedule of such Plan Fund.

• Each Plan and the provisions of any agreement relating to such Plan must be approved annually by a vote of the Directors of the Fund that has such Plan, including such persons who are not interested persons of such Plan Fund and who have no financial interest in such Plan or any related agreement ("Rule 12b-1 Directors").

More Definitions of Plan Fund

Plan Fund means the fund to be created pursuant to the

Plan Fund means the amounts to be contributed to the Plan by the Debtor from the sale of Units, after payment in full of all Allowed Secured Claims, administrative, and priority claims and in accordance with Exhibit A of this Plan.

Plan Fund means the assets of the Plan as the same shall exist from time to time. Prior to the Restatement Effective Date, the Plan Fund was invested exclusively in Contracts meeting the requirements of Code Section 403(a). On and after the Restatement Effective Date, the Plan Fund shall include a combination of (i) Contracts (which shall be deemed to be held in trust in accordance with Code Section 401(f)), and (ii) other Plan assets, including, by way of example, shares or units of mutual funds or other investment vehicles which shall be held in trust by the Trustee. Notwithstanding any other provision of the Plan, the Plan Fund, including all amounts of Deferred Compensation, all property and rights purchased with those amounts and all income attributable thereto, shall be held solely for the purposes set forth in this Plan.

Plan Fund means the following amounts, to be contributed to the Plan by Forest 495 and/or Howard Grant: (a) with respect to Howard Street: $10,000.00; (b) with respect to Forest Street: $10,000.00; and (c) with respect to East Main: $10,000.00.

Plan Fund means the assets and investments of the Plan, described in Schedule 2 of the former Act as the Public Service Pension Plan Fund;

Plan Fund means a segregated fund containing (a) the Unsecured Carve Out, (b) all proceeds of any Causes of Action, and (c) any other funds which become available to the Estate. After the resolution and payment of all Administrative Expense Claims, the Plan Fund shall be utilized by the Plan Administrator to pay all costs of executing the Plan and winding up the affairs of the Debtor, including, but not limited to, (i) costs of pursuing any Causes of Action,(ii) costs of retaining professionals, employees, and consultants, (iii) the fees and expenses of the Plan Administrator, and (iv) amounts necessary to fund the Disputed Administrative/Priority Claims Reserve, the Disputed General Unsecured Claims Reserve and to pay a proportionate share of taxes which the Plan Administrator estimates will be attributable to earnings of the Disputed Administrative/Priority Claims Reserve and the Disputed General Unsecured Claims Reserve.

Plan Fund means an aggregate amount equal to $[tbd] to be funded to the Liquidating Trustee either by Cash on hand and available to the Debtors on the Effective Date or, to the extent sufficient Cash is not available on the Effective Date, in the manner set forth in Section III.B.1(b) hereof.