UMWA Retirees definition

UMWA Retirees means all Persons who were previously employed by any of the Debtors, who were represented by the UMWA while employed by any of the Debtors, and who are eligible to receive Retiree Benefits from the Debtors under the Coal Act or any Collective Bargaining Agreement, together with all such Persons’ spouses, dependents and survivors.

Examples of UMWA Retirees in a sentence

  • If federal legislation providing retirement health benefits to the UMWA Retirees has not been enacted, or if moneys under such legislation have not become available for such benefits, before December 1, 2017, on December 1, 2017, the Obligor Companies shall transfer or cause to be transferred to the VEBA an additional 7-year 5.O% unsecured note with face value of $8.75 million.

  • Notwithstanding the foregoing, in order to prevent any gap in benefits, in the event that the Trustees of the VEBA certify in writing to the Obligor Companies that the VEBA’s assets available to provide benefits to the UMWA Retirees are inadequate for the VEBA’s immediate cash requirements, the amounts payable pursuant to this paragraph shall become payable up to 60 days prior to the dates they would otherwise be due, as determined by the Trustees in their absolute discretion.

  • If federal legislation providing retirement health benefits to the UMWA Retirees has not been enacted, or if moneys under such legislation have not become available for such benefits, before August 1, 2017, on August 1, 2017, the Obligor Companies shall transfer or cause to be transferred to the VEBA a 7-year 5.0% unsecured note with face value of $8.75 million.

  • Alpha shall continue to maintain the NBCWA Plan to cover all claims incurred by UMWA Retirees (including any subsequent runout) through and including the later of July 31, 2016 or the Effective Date.

  • The UMWA represents to all other Parties that it is authorized to execute and deliver this Settlement Agreement and perform its obligations hereunder, on behalf of itself and on behalf of the UMWA Employees and the UMWA Retirees as their authorized representative to the fullest extent permitted by law.

  • The Settlement with Peabody Energy Corporation, and the UMWA, on Behalf of Itself and in Its Capacity as Authorized Representative of the UMWA Employees and UMWA Retirees [Mo. Bankr.

  • Nothing contained in this Settlement Agreement, including Peabody’s payment obligations under Section 3 of this Settlement Agreement, shall create any third party beneficiary rights in any other person, it being understood that the VEBA, the UMWA Retirees and any employees or former employees represented by the UMWA as parties to this Settlement Agreement shall not be considered third party beneficiaries of this Settlement Agreement.

Related to UMWA Retirees

  • Public employees retirement system means the retirement plan and program

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Disability retirement for plan 1 members, means the period

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.