Operational Failure. The term "Operational Failure" means any of the (i) A failure to satisfy the requirements of § 403(b)(12)(A)(ii) (relating to the availability of salary reduction contributions);
Appears in 3 contracts
Sources: Revenue Procedure, Revenue Procedure, Revenue Procedure
Operational Failure. The term "“Operational Failure" means ” means, with respect to a 403(b) Plan, any of the (i) A failure to satisfy the requirements of § 403(b)(12)(A)(ii) (relating to the availability of salary reduction contributions);following:
Appears in 1 contract
Sources: Closing Agreements