Distributions and Withdrawals. 🞎 (i) Any distribution will be taken on a pro rata basis from the Participant’s Pre-Tax Deferral Account and Xxxx Deferral Account. 🞎 (ii) Any distribution will be taken first from the Participant’s Xxxx Deferral Account and then from the Participant’s Pre-Tax Deferral Account. 🞎 (iii) Any distribution will be taken first from the Participant’s Pre-Tax Deferral Account and then from the Participant’s Xxxx Deferral Account.
Distributions and Withdrawals. No Partner shall be entitled to make withdrawals from the Partnership except to the extent of distributions made pursuant to the express provisions of this Agreement. Distributions may be made in cash or in property, or partly in each, but no Partner shall have the right to require that a distribution be made other than in immediately available funds.
Distributions and Withdrawals. Subject to applicable laws and ----------------------------- regulations and upon the direction of the Employer or Participant, as the case may be, State Street shall in accordance with the terms, as applicable, of the ABA Members Plans, Individually Designed Plans that are Individual Recordkeeping Plans and the Trusts, distribute the account balance or accrued benefit of each Participant. State Street shall make available to each Participant such arrangements as are necessary for the payment of benefits in accordance with applicable law and with the terms, as applicable, of the ABA Members Plans, Individually Designed Plans that are Individual Recordkeeping Plans, and the Trusts. In the case of an Individually Designed Plan that is an Aggregate Recordkeeping Plan, State Street shall make all payments to the trustee of such Plan. In accordance with the applicable Service Standards, State Street shall, subject to Section 11.01, provide each Investor under an Individual Recordkeeping Plan with a written confirmation of each distribution and any withdrawal from the assets for which such Investor is responsible.
Distributions and Withdrawals. 23 7.05 Tax Penalties on Distributions ............................. 23 0.00 Xxxxx Xxxxxx as Payor ...................................... 23 Table of Contents
Distributions and Withdrawals. 3236 An eligible employee in the EDC shall qualify for in-service withdrawals and distributions in accordance with the terms of the EDC and applicable IRC rules. Upon termination or retirement, the EDC account balance is distributed to the participant or, if qualified and elected, deferred in accordance with the applicable IRC rules.
Distributions and Withdrawals. Subject to applicable laws and regulations and upon the direction of the Program Recordkeeper pursuant to the Program Interface Agreement, State Street shall make payments out of the Trusts in such amounts to such persons, including any disbursing agent appointed by the Program Recordkeeper, as shall be specified by the Program Recordkeeper in such directions (any such person the “Disbursing Agent”). Immediately prior to the time when a distribution is to be made pursuant to this Section 6.04, State Street shall transfer the amount thereof to a demand deposit account maintained by the Disbursing Agent for this purpose. Upon such transfer, the appropriate Trust shall be relieved of, and the Disbursing Agent (in the case of State Street, acting in its institutional capacity and not as a trustee) shall assume the liability to pay such distribution.
Distributions and Withdrawals. A. The permissible forms of distribution under the Plan shall be those included in Plan Section 7.08(a)(1)-(3). The joint and survivor annuity provisions set forth in Appendix A of the basic plan document shall apply. Therefore spousal consent will be required for any distribution, loan or withdrawal under the Plan.
Distributions and Withdrawals. Subject to applicable laws and regulations and upon the direction of the Program Recordkeeper, Northern Trust shall make payments out of the Trusts in such amounts to such persons, including any disbursing agent appointed by the Program Recordkeeper, as shall be specified by the Program Recordkeeper in such directions. Immediately prior to the time when a distribution is to be made pursuant to this Section 2.11, Northern Trust shall transfer the amount thereof to a demand deposit account maintained by Northern Trust for this purpose. Upon such transfer, the appropriate Trust shall be relieved of, and the disbursing agent appointed by the Program Recordkeeper, or Northern Trust (acting in its institutional capacity and not as a trustee), as the case may be, shall assume, the liability to pay such distribution. ABA RF acknowledge that the earnings attributable to Trust assets transferred to such account shall accrue to the benefit of the third party disbursing agent or Northern Trust, as the case may be, and have been taken into account in their negotiations with respect to the fees payable to Northern Trust under Section I of Appendix B attached hereto, and in furtherance thereof, Northern Trust shall, from time to time as reasonably requested by ABA RF, provide to it an accounting of the amount of such earnings.
Distributions and Withdrawals. Distributions and withdrawals shall be made as follows:
Distributions and Withdrawals. 9.1 Subject to: (i) clause 9.2; (ii) making or holding adequate reserves for any existing, anticipated or contingent liabilities, costs and expenses of the Partnership and the return of Capital Contributions pursuant to clause 9.2, and (iii) the provisions of the Law, any amounts available for distribution shall be distributed by the General Partner as follows:
