termination liability造句

• But critics point out that many plans that are overfunded under the measuresU current-liability standard would be underfunded by other yardsticks, like termination liability.
• The compromise includes $ 1 billion to buy test models of the ultra-sophisticated warplane and $ 300 million in " termination liability " for Lockheed Martin, manufacturer of the plane.
• According to commentator Nicholas Brannick, " Despite the appearance of protection for the PBGC's interest in the event of termination, the Bankruptcy Code frequently strips the PBGC of the protection provided under ERISA . Under ERISA, termination liability may arise on the date of termination, but the lien that protects the PBGC's interest in that liability must be perfected [ to be protected in bankruptcy ] ".