UAW Retiree Settlement Agreement definition

UAW Retiree Settlement Agreement means the UAW Retiree Settlement Agreement to be executed prior to the Closing, substantially in the form attached hereto as Exhibit D.
UAW Retiree Settlement Agreement as defined in the Master Transaction Agreement.
UAW Retiree Settlement Agreement has the meaning set forth in the Recitals.

Examples of UAW Retiree Settlement Agreement in a sentence

  • Prior to the Closing, Purchaser and the UAW shall have entered into the UAW Retiree Settlement Agreement.

  • Conditioned upon the consummation of the Sale Transaction and the assumption and assignment of the UAW [CollectiveBargaining Agreement], t he UAW and the Purchaser [i.e.,Chrysler] have entered into [the Settlement Agreement],w hich, among other things, provides for the financing by theP urchaser of modified retiree health care obligations for the Class and Covered Group (as defined in the UAW Retiree Settlement Agreement) through contributions by the Purchaser to the English Case VEBA.

  • Henderson, then President and Chief Executive Officer of Old GM, testified that, although it simply “hadn’t occurred to” him or others that the Henry II Agreement extinguished the $450 million payment obligation, he was certain that the 2009 UAW Retiree Settlement Agreement extinguished the obligation.

  • The UAW says that the absence of express language in the 2009 UAW Retiree Settlement Agreement leads to the conclusion that New GM is obligated to make the $450 million payment.The UAW has turned the agreements on their head.

  • The UAW Retiree Settlement Agreement bars the plaintiff’s pursuit of any claim for additional contributions to the VEBA, and in that agreement plaintiff agreed not to seek to make General Motors pay any amounts to the VEBA other than those expressly set forth in the UAW Retiree Settlement Agreement.

  • The bold language is referred to as the “2008 Fixed and Capped Language.” As will be explained, this language is distinguished from similar language in a later agreement, the 2009 UAW Retiree Settlement Agreement, discussed infra.Significantly, the 2008 UAW Retiree Settlement Agreement did not make any reference to the $450 million payment obligation provided for in the 2007 MOU.

  • On the Original Effective Date, as consideration for the agreement of the parties hereto to enter into the UAW Retiree Settlement Agreement, the Issuer has issued the Initial Note in the amount of $2,500,000,000 pursuant to the terms and conditions of the Existing Note Agreement.

  • New GM says the language of the 2009 UAW Retiree Settlement Agreement describes all of New GM’s obligations for retiree medical benefits for UAW retirees and its obligations do not include the $450 million payment obligation.

  • By expressly listing New GM’s “sole obligations to the New Plan and the New VEBA” and by excluding the $450M Payment from that list, the 2009 UAW Retiree Settlement Agreement reflects an intention that New GM have no obligation regarding the $450 million payment.

  • As consideration for the agreement of the parties thereto to enter into the UAW Retiree Settlement Agreement, the Issuer has issued the Initial Note in the amount of $2,500,000,000 pursuant to the terms and conditions of this Agreement.

Related to UAW Retiree Settlement Agreement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Limited Condition Acquisition Agreement means, with respect to any Limited Condition Acquisition, the definitive acquisition documentation in respect thereof.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Hospital purchaser/provider agreement (HPPA agreement) means a negotiated agreement entered between the fund and the hospital for the cost of hospital treatment.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.