Individual Accounts; Distributions Sample Clauses

Individual Accounts; Distributions. (a) As soon as practicable after each Staff Employee becomes entitled to contributions to the RHA VEBA, the Plan Administrator will create a notional account for the Staff Employee, to which shall be credited all contributions to which the Staff Employee is entitled, and to which shall be credited and debited a proportional share of all investment earnings and expenses, gains and losses. As soon as administratively feasible after April 1, 2015, Staff Employees will be afforded the ability to view their account balances and transactions on line, with website presentation similar to that provided in connection with account balances under the Deferred Savings Plan.
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Individual Accounts; Distributions. (a) As soon as practicable after each employee becomes entitled to contributions to the RHA VEBA, the Plan Administrator will create a notional account for the employee, to which shall be credited all contributions to which the employee is entitled, and to which shall be credited and debited a proportional share of all investment earnings and expenses, gains and losses. As soon as administratively feasible, employees will be afforded the ability to view their account balances and transactions on line, with website presentation similar to that provided in connection with account balances under the Deferred Savings Plan.
Sample 1

Related to Individual Accounts; Distributions

  • Accounts Distributions (a) On or prior to the Closing Date, the Indenture Trustee shall establish and maintain or cause to be established and maintained, in the name of the Indenture Trustee for the benefit of the Noteholders and the Transferor, the Collection Account as provided in Article V of the Sale and Servicing Agreement into which amounts shall be deposited in accordance with the terms of the Sale and Servicing Agreement.

  • Custodial Accounts; Distribution Account (a) On or prior to the Closing Date, the Master Servicer shall have caused each Servicer to establish and maintain one or more Custodial Accounts, as provided in the related Purchase and Servicing Agreement, into which all Scheduled Payments and unscheduled payments with respect to the related Mortgage Loans, net of any deductions or reimbursements permitted under the related Purchase and Servicing Agreement, shall be deposited. On each Distribution Account Deposit Date, the Servicers shall remit to the Securities Administrator for deposit into the Distribution Account, all amounts so required to be deposited into such account in accordance with the terms of the related Purchase and Servicing Agreements.

  • Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.

  • Individual Accounts An individual account is an account owned by one depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate or payable on death (“POD”) beneficiary, if applicable.

  • Trust Accounts Distributions Statements to Noteholders SECTION 5.1.

  • Profits and Losses Distributions Until the admission of additional Members, the Original Member shall be entitled to all allocations of LLC profits and losses and to allocations of distributions.

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Hardship Distribution Upon the Board of Director's determination (following petition by the Executive) that the Executive has suffered an unforeseeable financial emergency as described in Section 2.2.2, the Company shall distribute to the Executive all or a portion of the Deferral Account balance as determined by the Company, but in no event shall the distribution be greater than is necessary to relieve the financial hardship.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

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