Plan Distribution Sample Clauses

Plan Distribution. As soon as reasonably practicable following the Retirement Date and in accordance with the terms of the plan, the Company will cause the plan to distribute an amount equal to the then current balance in your 401(k) account with the Company to you or to your rollover XXX at your election. Benefit
Sample 1
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Plan Distribution. No later than five (5) business days following the submission of Project plans related to the required substantial conformance review for the Project, NUWI CMR, LLC shall provide notice and a digital copy of any such plans to CMRRCA. Such notice shall be provided only once. CMRRCA shall designate one (1) individual (the “Association Designee”) as the recipient of all such notices and plans. Counsel for CMRRCA shall provide the name of the Association Designee to counsel for NUWI CMR, LLC pursuant to the requirements of the Agreement. Thereafter, CMRRCA shall be responsible for apprising NUWI CMR, LLC directly of any changes to the Association Designee. CMRRCA shall not have approval or revision authority over any plans related to the Project. This term of the Agreement does not grant, either expressly or impliedly, any approval or revision authority, or any comment period, over any plans related to the Project to CMRRCA.
Sample 1
Plan Distribution. Sellers agree and acknowledge that the consummation of the transactions contemplated by this Agreement will result in, and constitute, a distributable event pursuant to Code Section 401(k)(10)(A)(ii) (the "Distributable Event") for all Employees of Sellers who are participants in any tax-qualified plan that has a 401(k) component maintained by Sellers prior to the Closing Date and, accordingly, Sellers shall provide Buyer, in a form reasonably acceptable to Buyer, evidence that Sellers recognize the Distributable Event. Sellers further agree that on or prior to the Closing Date, all of the accounts in Sellers' tax-qualified plan(s) of all Employees who cease to be employees of Sellers as a result of, or in connection with, the consummation of the transactions contemplated by this Agreement shall be fully vested.
Sample 1
Plan Distribution. Construction Manager will initiate and monitor the distribution of Project plans and specifications.
Sample 1

Related to Plan Distribution

  • 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.

  • Liquidation Distribution Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.

  • Liquidation Distributions All property and all cash in excess of that required to discharge liabilities as provided in Section 12.4(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 12.4(c)) for the taxable year of the Partnership during which the liquidation of the Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year (or, if later, within 90 days after said date of such occurrence).

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • Certain Distributions If the Company elects to:

  • Final Distributions Section 8.01. Sale of Receivables or Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement and Section 7.01 or 7.02 of this Supplement.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

  • 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:

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • Distribution of Benefit The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years.

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