Qualifying Employer Real Property definition

Qualifying Employer Real Property means parcels of real property (and related personal property) which are leased to the Company or an Affiliated Company (a) if a substantial number of the parcels are dispersed geographically; and (b) if each parcel and the improvements thereon are suitable (or adaptable without excessive cost) for more than one use.
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Qualifying Employer Real Property includes parcels of Employer Real Property:
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Qualifying Employer Real Property means Employer Real Property:
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Examples of Qualifying Employer Real Property in a sentence

  • The Trustee may invest in Qualifying Employer Securities and Qualifying Employer Real Property up to certain limits.

  • Notwithstanding any provision of the Plan or Trust to the contrary, the Plan may invest in Qualifying Employer Securities and Qualifying Employer Real Property up to 100% of the Plan’s assets or otherwise the maximum permitted by ERISA.

  • In the case of a profit sharing plan other than a 401(k) plan, no limit applies to the percentage of Plan assets invested in Qualifying Employer Securities and Qualifying Employer Real Property, except as provided in a funding policy, statement of investment policy, or other separate procedures or documents governing the investment of Plan assets.

  • In the case of a money purchase plan, no more than 10% of the fair market value of Plan assets may be invested in Qualifying Employer Securities and Qualifying Employer Real Property.

  • The portion of a Participant's Section 401(k) Deferrals required to be invested in Qualifying Employer Securities and Qualifying Employer Real Property for the Plan Year does not exceed 1% of such Participant's Included Compensation.

  • See Section 13.5(b) for limitations on the ability of the Plan to invest in Qualifying Employer Real Property.

  • Payments may be in cash, Qualifying Employer Securities (including treasury stock or previously unissued stock of Host Marriott Corporation), Qualifying Employer Real Property or in such other property of any kind as the Named Fiduciary may authorize the Trustees to accept, to the extent permitted by law.

  • The Trustee may purchase Qualifying Employer Securities or Qualifying Employer Real Property from the Employer or from any other source.

  • Payments may be in cash, Qualifying Employer Securities (including treasury stock or previously unissued stock of Host Hotels & Resorts, Inc.), Qualifying Employer Real Property or in such other property of any kind as the Named Fiduciary may authorize the Trustees to accept, to the extent permitted by law.

  • The investment categories also may include common stock (including Qualifying Employer Securities), real property (including Qualifying Employer Real Property), notes, mortgages, commercial paper, preferred stocks, mutual funds, or other securities, rights, obligations, or property, real or personal, including shares or certificates of participation issued by regulated investment trusts and shares or units of participation in qualified common Trust Funds or pooled funds.


More Definitions of Qualifying Employer Real Property

Qualifying Employer Real Property means parcels of real property leased by the Plan to the Employer or its affiliate, provided that:
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Qualifying Employer Real Property means parcels of immovable property which are leased to the Employer or an affiliate of the Employer, dispersed geographically, and suitable for more than one use, and which otherwise comply with the requirements of Title I of ERISA (other than sections 406 and 407).
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Qualifying Employer Real Property means parcels of Employer real property, subject to the requirements of ERISA Section 407.
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Related to Qualifying Employer Real Property

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Qualifying contribution means, with respect to a

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Protected Employees means employees of the Company who were employed by the Company at any time within six (6) months prior to the Determination Date.

  • Continuing care retirement community means a residential

  • Excluded Employees means those employees listed on Schedule 1.1(w);

  • qualifying entity shall have the meaning set forth in Section 5.2.13(b) hereof.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Protected Employee means any employee of the Company or an Affiliate who was employed by Company or an Affiliate at any time within six (6) months prior to the termination of Grantee’s employment for any reason or any earlier date of an alleged breach by Grantee of the restrictions in Section 17 hereof.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Contributing Employer means any employer other than a reimbursing employer or rated governmental employer.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).