Plan Assets definition

Plan Assets means “plan assets” within the meaning of the Plan Asset Regulations.

Plan Assets means assets of any (i) employee benefit plan (as defined in Section 3(3) of ERISA) subject to Title I of ERISA, (ii) plan (as defined in Section 4975(e)(1) of the Code) subject to Section 4975 of the Code, or (iii) governmental plan (as defined in Section 3(32) of ERISA) subject to federal, state or local laws, rules or regulations substantially similar to Title I of ERISA or Section 4975 of the Code.

Plan Assets means assets of a Plan within the meaning of section 29 C.F.R. section 2510.3-101 or similar law.

Examples of Plan Assets in a sentence

• No Borrower or Feeder Fund that includes an ERISA Investor shall fail to satisfy an exception under the Plan Asset Regulations which failure causes the assets of such Credit Party to be deemed Plan Assets; provided, that the assets of a Feeder Fund may constitute Plan Assets during any period in which the assets of such Feeder Fund are required to be invested, directly or indirectly, in the related Borrower.

• If such Credit Party is a Borrower or a Feeder Fund, as applicable, such Credit Party satisfies an exception under the Plan Asset Regulations so that its underlying assets do not constitute Plan Assets; provided, that the assets of any Feeder Fund may constitute Plan Assets during any period if, and only if, during such period all of the investible assets of such Feeder Fund are required to be invested, directly or indirectly, in the related Borrower.

More Definitions of Plan Assets

Plan Assets has the meaning given to such term in Section 3(42) of ERISA.

Plan Assets. The meaning specified in Section 2510.3-101 of the Department of Labor Regulations and as described in Section 3.05 of the Trust Agreement.

Plan Assets means assets of any (i) employee benefit plan (as defined in Section 3(3) of ERISA) subject to Title I of ERISA, (ii) plan (as defined in Section 4975(e)(l) of the Code) subject to Section 4975 of the Code, or (iii) governmental plan (as defined in Section 3(32) of ERISA) subject to any other federal, state or local laws, rules or regulations substantially similar to Title I of ERISA or Section 4975 of the Code.

Plan Assets means “plan assets” within the meaning of 29 C.F.R. §2510.3-101, as modified by Section 3(42) of ERISA

Plan Assets means “plan assets” within the meaning of U.S. Department of Labor Regulation 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA.

Plan Assets. Assets of a Plan within the meaning of Department of Labor regulation 29 C.F.R. § 2510.3-101.

Plan Assets means “plan assets” as defined in the Plan Asset Regulation.