Rabbi Trusts definition

Rabbi Trusts means those four (4) certain non-qualified deferred compensation irrevocable trusts existing as of the Closing Date, previously established by the Borrower for the benefit of its executive employees, so long as the assets in each of such trusts which have not yet been distributed to one or more executive employees of the Borrower remain subject to the claims of the Borrower’s general creditors.
Rabbi Trusts has the meaning set forth in Section 5.8(c).
Rabbi Trusts means the trusts established by Equifax pursuant to that certain Grantor Trust Agreement dated as of February 4, 2000, as amended, and the trust established by Equifax pursuant to that certain Trust Agreement dated December 29, 1989, as amended.

Examples of Rabbi Trusts in a sentence

  • If the Rabbi Trust is established, all fees and expenses of the trustee of the Rabbi Trust, and any and all taxes incurred on the income of the Rabbi Trust's assets, shall be paid by the Company and shall not be charged against or paid by the Rabbi Trust.

  • Except as otherwise described in Section 16.01, nothing in this Agreement shall require any member of the Ashland Global Group to transfer assets or reserves with respect to the Ashland Global Excess Benefit and Supplemental Pension Plans to any member of the Valvoline Group; provided that the Parties hereby acknowledge that prior to the date hereof a member of the Valvoline Group assumed and became the sponsor of the Hercules Rabbi Trusts.

  • Effective as of the Closing Date, the Company or the TRW Automotive Subsidiaries hereby retains and agrees to fully perform, pay and discharge and agrees to cause the TRW Automotive U.S. Non-Qualified Plans and the TRW Automotive Rabbi Trusts to retain and to fully perform, pay and discharge, all accrued benefit and other Liabilities under or with respect to the TRW Automotive U.S. Non-Qualified Plans and the TRW Automotive Rabbi Trusts.

  • Effective as of the Distribution Date, REI shall continue to sponsor and shall assume all assets and Liabilities relating to the NorAm Rabbi Trusts.

  • Effective as of May 1, 2001, Technologies shall establish or cause to be established the Technologies Rabbi Trusts as grantor trusts subject to Sections 671 et seq.

  • As of the Separation Time, Existing U S West shall cause the trustee or trustees of the Existing U S WEST Rabbi Trusts to transfer to the trustee or trustees of the MediaOne Rabbi Trusts any amounts held in the Existing U S WEST Rabbi Trusts attributable to the benefits of Terminated Media Employees.

  • Effective as of May 1, 2001, Technologies shall make a de minimus contribution to the Technologies Rabbi Trusts established to fund the Technologies Salaried Employees' Equivalent Retirement Plan and the Technologies Executive Severance Plan to the extent necessary to maintain such Technologies Rabbi Trusts as springing rabbi trusts.

  • Establishment and Sponsorship of Non-Qualified Pension Plans and Rabbi Trusts.

  • Non-Qualified Deferred Compensation Plan (collectively, the "TRW Automotive U.S. Non-Qualified Plans") and rabbi trusts relating thereto (collectively, the "TRW Automotive Rabbi Trusts").

  • For the avoidance of doubt, the term “Collateral” shall never include contributions to any Security-Free Rabbi Trusts pursuant to the related Approved Security-Free SERPs where such contributions occurred at a time when there was no Suspension Event or Event of Default that had occurred and was continuing as of such date.


More Definitions of Rabbi Trusts

Rabbi Trusts means those four (4) certain non-qualified deferred compensation irrevocable trusts existing as of the Closing Date, previously established by the Borrower for the benefit of its executive employees, so long as the assets in each of such trusts which have not yet been distributed to one or more executive employees of the Borrower remain subject to the claims of the Borrower's general creditors.
Rabbi Trusts means the trusts established pursuant to the CPC International Inc. Latin America Pension Plan Trust Agreement, dated as of June 1, 1988, by and between CPC and The Northern Trust Company, as amended; the CPC International Inc. Pension Plan for International Employees Trust Agreement, dated as of June 1, 1988, as amended; the CPC International Inc. Management Incentive Plan Trust Agreement, dated as of June 1, 1988, by and between CPC and The Northern Trust Company, as amended; the CPC International Inc. Deferred Compensation Plan for Outside Directors Trust Agreement, dated as of June 1, 1988, by and between CPC and The Northern Trust Company, as amended; and the CPC International Inc. Special Retirement Benefits Trust Agreement, dated as of June 1, 1988, by and between CPC and The Northern Trust Company, as amended.
Rabbi Trusts means (i) the Company Supplemental Executive Retirement Plan Trust established pursuant to an Agreement dated September 1, 2000, between the Company and SunTrust Bank, and (ii) the Trust Agreement, dated November 20, 2000, by and between the Company and ▇. ▇▇▇▇ Price Trust Company.
Rabbi Trusts means the trusts established by Equifax pursuant to
Rabbi Trusts means collectively, the Director Trust Agreement, dated December 1, 1995, as amended, and the Executive Trust Agreement, dated December 1, 1995, as amended.

Related to Rabbi Trusts

  • Rabbi Trust has the meaning given to such term in Section 3.4(d) hereof.

  • Trusts shall have the meaning set forth in Section 3.02.

  • Plan Trust means the trust governed by the Plan.

  • Trust Funds means, to the extent segregated from other assets of the Loan Parties in a segregated account that contains amounts comprised solely and exclusively of such Trust Funds, cash, cash equivalents or other assets comprised solely of (a) funds used for payroll and payroll taxes and other employee benefit payments to or for the benefit of such Loan Party’s employees, (b) all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes) and (c) any other funds which the Loan Parties hold in trust or as an escrow or fiduciary for another person, which is not a Loan Party or a Restricted Subsidiary.

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;