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Common use of Present Value Clause in Contracts

Present Value. Present Value" shall mean the present value of a benefit determined on the basis of the following actuarial assumptions:

Appears in 7 contracts

Sources: Supplemental Retirement Agreement (NBT Bancorp Inc), Supplemental Retirement Agreement (NBT Bancorp Inc), Supplemental Retirement Agreement (NBT Bancorp Inc)

Related Clauses

  • Fair Market Value
  • Values
  • Capitalized Lease
  • Market Value
  • Cash Balances

Parent Clauses

  • Definitions
  • Miscellaneous
  • Applicable Law
  • BENEFIT ACCOUNTING
  • Discharge for Cause

Sub-Clauses

  • AMENDMENT BY EMPLOYER
  • GOVERNING LAW
  • COMMUNICATION TO PARTICIPANTS
  • INFORMATION BETWEEN EMPLOYER AND TRUSTEE
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