Allocation Group definition

Allocation Group means the group of metering installations for which the daily metering data

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Allocation Group means the designated groups of Employees for purposes of determining separate Discretionary Contributions in Item Q(3) of the Adoption Agreement. For this purpose, the groups are those identified in Item Q(3)(d). Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under the Plan with respect to such Participant. Annual Compensation means the Employee's annual Compensation defined in Item M(5). Annuity Contract means the annuity contract or contracts into which the Employer, and the Adopting Employers adopting this Plan as a separate plan enter, or the Trustee enters, whichever is appropriate, with the Insurer for guaranteed benefits, for the investment of Contributions in separate accounts, and for the payment of benefits under this Plan. Annuity Starting Date means the first day of the first period for which an amount is payable as an annuity or any other form. Bargaining Employee means an Employee who is represented for collective bargaining purposes by any collective bargaining agreement between the Employer and employee representatives, if retirement benefits were the subject of good faith bargaining and if two percent or less of the Employees who are covered pursuant to that agreement are professionals as defined in section 1.410(b)-9 of the regulations. For this purpose, the term “employee representatives” does not include any organization more than half of whose members are Employees who are owners, officers, or executives of the Employer. Basic Plan means this document that contains the basic provisions of the Plan. 4 Beneficiary means the person or persons named by a Participant to receive any benefits under the Plan when the Participant dies. (See Section 10.07.) Benefit Factor means, for a Plan Year, a person’s Annual Compensation for the Plan Year multiplied by his actuarial factor for the Plan Year determined in Appendix A, B, or C, as designated in Item Q(3)(c) of the Adoption Agreement. Catch-up Contributions means Elective Deferral Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are age 50 or older by the end of their taxable year. An otherwise applicable Plan limit is a limit in the Plan that applies to Elective Deferral Contributions without regard to Catch-up Contributions, such as the limits o...

Allocation Group means the group of metering installations for which the daily metering data is determined using the same process.

Examples of Allocation Group in a sentence

• Group 1 Senior Certificates and the portions of the Subordinated Certificates related to Collateral Allocation Group 1.

• If principal from one Collateral Allocation Group is distributed to the Senior Certificate Groups (other than any related Class of Class A-P Certificates or Component thereof) that are not related to that Collateral Allocation Group according to this paragraph, the Subordinated Certificates will not receive that principal as a distribution.

• The Employer will specify in written instructions to the Plan Administrator or the Trustee, by no later than the due date of the Employer’s tax return for the year to which the Employer’s Contribution relates, the portion of such contribution to be allocated to each separate Participant Allocation Group.

• Employer Contributions not designated for a particular Allocation Group will be allocated to all Participants.

• For purposes of the calculating the Calculation Rate, each Class 1-B Interest will be treated as part of Collateral Allocation Group 2.

• For purposes of the calculating the Calculation Rate, each Class 1-A Interest will be treated as part of Collateral Allocation Group 1.

• If the Employer has elected the Participant Group Allocation method in the Adoption Agreement, then for purposes of determining the amount of Employer Contributions to be allocated to Employees’ accounts, each eligible Employee of the Employer will be included in a Participant Allocation Group as defined in the Adoption Agreement .

• For purposes of calculating the Calculation Rate, each Class 1-C Interest will be treated as part of Collateral Allocation Group 2.

• No Employee can be assigned to more than one Deemed Aggregated Allocation Group for a Plan Year.

• For purposes of the calculating the Calculation Rate, each of the foregoing REMIC 1 Regular Interest will be treated as part of Collateral Allocation Group 1.

More Definitions of Allocation Group

Allocation Group means the Allocation Group of BTFD.

Allocation Group has the same meaning as in the Downstream Reconciliation Rules; “Alternative Contract” has the meaning given in Clause 3.2;

Allocation Group means the designated groups of Employees for purposes of determining separate Discretionary Contributions in Item Q(3) of the Adoption Agreement. For this purpose, the groups are those identified in Item Q(3)(d).

Allocation Group means the group of Participants described in the Adoption Agreement which corresponds to the employment status or other classification of the Participants.