Plan Obligations definition

Plan Obligations means all funding, benefits, claims or administrative expenses arising out of any Plan providing coverage to Axcelis Technologies Employees and Axcelis Technologies Transferred Employees, except with regard to benefits accrued under the Eaton Defined Benefit Plan or under an Eaton deferred compensation plan.

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Plan Obligations means, on any given date, the sum of the Account Values of all Participants. With respect to each Participant, "Plan Obligations" means such Participant's Account Value on the applicable date.

Plan Obligations shall have the meaning set forth in Section 4.3.4(a).

Examples of Plan Obligations in a sentence

The Contractor acknowledges that if the Contractor does not comply with the Participation Plan Obligations, this may result in the State (including any agency, department, authority or instrumentality of the State) not awarding a supply contract, or supply contracts, to the Contractor in the future.
The Contractor acknowledges that if the Contractor does not comply with the Participation Plan Obligations, this may result in the State of Western Australia (including any Principal, department, authority or instrumentality of the State) not awarding a supply contract, or supply contracts, to the Contractor in the future.
The Contractor authorises the Principal, and any duly authorised representative of the Principal, to obtain information from any relevant persons, firms or corporations, including third parties, regarding the Contractor’s compliance with the Participation Plan Obligations.
If the Principal requests from the Contractor information or access to documentation in connection with the Participation Plan or the Participation Plan Obligations, or information or documentation in connection with any report referred to in clause 48.5, the Contractor must promptly comply with such request, ensuring that the information or documentation provided, or to which access is provided, is accurate, up-to-date, comprehensive, sufficiently detailed, and in no way misleading or deceptive.
The County shall use the proceeds of the Notes only to repay the County’s outstanding ▇▇▇▇▇▇ Plan Obligations Commercial Paper Notes, Series A, the Notes or to refund a Demand Obligation evidencing the County's obligation to make distributions to the participating taxing agencies under the Related Lien or to pay costs of issuance of the Notes.
Axcelis Technologies shall pay (as set forth in the Transitional Services Agreement, if applicable), perform, fulfill and discharge, in accordance with their respective terms, all Plan Obligations and all Employment Obligations.
Axcelis Technologies and Eaton each intend that matters, issues, or Plan Obligations relating to, arising out of or resulting from Foreign Plans and non-U.S.-related employment matters be handled in a manner that is consistent with comparable U.S. matters, issues or Plan Obligations as reflected in this Agreement (to the extent permitted by applicable law or as otherwise specified in the applicable Section or Schedule thereto or Schedule 2.7).
The County shall use the proceeds of the Notes only to repay the County’s outstanding ▇▇▇▇▇▇ Plan Obligations Commercial Paper Notes, Series A, the Notes or to refund a Demand Obligation evidencing the County's obligation to make distributions to the participating taxing agencies under the Related Lien.
Notwithstanding the foregoing, neither Buyer nor the Company or any of its Subsidiaries shall have any obligation to secure replacement Guarantees or Plan Obligations with respect to any portion of the expiring Plan Obligations that relate to post-Closing assets or Liabilities of CEX or the Continuing Affiliates.
In this regard, the first payments to ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ from said deferred benefit plan(s) shall be deemed attributable to the liabilities and amounts so transferred to Buyer until such time as such amounts equal the Transferred Plan Obligations.

More Definitions of Plan Obligations

Plan Obligations means, collectively for all Debtors, the aggregate amount of the cash payments that are to be made pursuant to the Plan to the holders of Allowed Claims.

Plan Obligations means the Contractor's obligations under clause 48.3(b).

Plan Obligations means any and all Obligations of the Company and its Subsidiaries with respect to Administrative Expenses, Tax Claims, Priority Non-Tax Claims, Secured Claims, General Unsecured Claims, Convenience Claims, Securities Claims, or Intercompany Claims within the meaning of the Plan of Reorganization and Confirmation Order, and any and all other Obligations of the Company or any of its Subsidiaries arising under the Plan of Reorganization and Confirmation Order, whether before or after the Issuance Date, including but not limited to any Obligations under the Litigation Trust Agreement, as defined in the Plan of Reorganization, as any such Obligations may be amended, modified, renewed, refunded, replaced, restated, or refinanced from time to time and including any such agreements, documents or instruments with any lender or group of lenders that at any time succeed to or refinance, replace or substitute for all or any portion of the Plan Obligations.