UK DB Plan definition

UK DB Plan means The Grace UK Pension Plan, governed by a definitive trust deed and rules dated April 4, 2011, as amended from time to time.

UK DB Plan means the Ballotini Pension and Life Assurance Scheme.

UK DB Plan means an occupational pension plan constituted under the laws of any jurisdiction within the United Kingdom which is defined benefit in nature.

Examples of UK DB Plan in a sentence

• These payments are to be provided as mitigation to such HGV Employee for the loss of the salary linkage feature provided under the UK DB Plan prior to the Distribution Date.

• These payments are to be provided as mitigation to such PK Employee for the loss of the salary linkage feature provided under the UK DB Plan prior to the Distribution Date.

• No “contribution notice” or “financial support direction” (both terms as defined in sections 38 to 51 of the UK Pensions Act 2004) has been issued (or, to the Knowledge of the Sellers, threatened to be issued) against any Transferred Company or any of its Subsidiaries in relation to the UK DB Plan.

• If, after payment of such an amount to Purchaser, an FAA (or similar form of apportionment entered into in respect of any U.K. Pension Entity such that the relevant U.K. Pension Entity has no actual or potential liability in respect of the U.K. DB Plan (an “Apportionment”)), Purchaser shall return such amount (with any interest that has accrued) to Seller promptly upon being notified in writing that an Apportionment has occurred.

• The U.K. DB Plan ceased final salary accrual from 31 December 2017 and adopted a Career Average Revalued Earnings (CARE) benefit structure from 1 January 2018, breaking the link to final salary as at 31 December 2017.

More Definitions of UK DB Plan

UK DB Plan means the Hoseasons Pension Scheme (being the occupational pension scheme established by Wyndham Vacation Rentals (UK) Limited and now governed by a Definitive Trust Deed and Rules dated 14 May 2013);

UK DB Plan has the meaning assigned to such term in Section 3.15.

UK DB Plan means any defined benefit pension plan sponsored, maintained or contributed to by Parent or its Affiliates for the benefit of UK Spinco Business Employees; (iii) “UK Former Public Sector Employee” means a UK Spinco Business Employee who was previously a UK public sector employee and who transferred to the employment of the Parent under either of the Outsourcing Agreements; (iv) “Outsourcing Agreements” means (A) the contract entitled “Ministry of Justice Future IT Sourcing contract” dated 1 September 2013, and made between The Secretary of State for Justice and Lockheed Xxxxxx UK Ltd; and (B) the contract entitled “Cabinet Office Framework Agreement to provide G-Cloud Services to Highways Agency” dated 24 March 2014 and made between The Minister for the Cabinet Office and Lockheed Xxxxxx Business Technology Solutions Limited; (v) “Broadly Comparable Scheme” means either (i) an occupational pension scheme which provides defined benefits which are “broadly comparable” for the purposes of Old Fair Deal to the benefits the UK Former Public Sector Employees were entitled to under their applicable public sector pension scheme; or (ii) a public sector pension scheme providing like benefits; and (vi) “Old Fair Deal” means the UK documents entitled “Staff Transfers from Central Government: A Fair Deal for Staff Pensions” published by Her Majesty’s Treasury in June 1999 and “A Fair Deal staff pensions: procurement of Bulk Transfer Agreements and Related Issues” published by Her Majesty’s Treasury in June 2004.

UK DB Plan means the Ball Packaging Europe UK Pension Scheme.

UK DB Plan means an occupational plan or scheme which is not a money purchase scheme (both terms as defined in the United Kingdom Xxxxxxx Xxxxxxx Xxx 0000, as amended).

UK DB Plan shall have the meaning set forth in Section 5.5.

UK DB Plan means the Expro Pension Plan as currently constituted by a trust deed and rules effective from April 1, 2012.