Closed Option definition

Closed Option means any investment in which Participants and/or Participating Plans are no longer permitted to make contributions or transfers (by agreement between ABA RF and the Trustee), but which continues to represent an investment under the Trust.
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Closed Option means any investment to which Participants and/or Employer Plans are no longer permitted to make contributions or transfers (by agreement between ABA RF and the Trustee), but which continues to represent an investment under the Trust.
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Closed Option means any investment to which Investors are no ------------- longer permitted to make contributions or transfers (by agreement between ABRA and State Street), but which continues to constitute an investment under the Program, including, as of the Renewal Date, the Real Estate Option.
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Examples of Closed Option in a sentence

  • To the extent that State Street pays any expenses with respect to a particular Investment Option, Closed Option, Participant account or Plan account which are properly chargeable pursuant to this Section to a Trust or the ABA Members Collective Trust, as the case may be, it shall be entitled to reimbursement therefrom.

  • Unless the NCT Investment Option or Closed Option to which the Investment Manager provides services is in the process of termination in accordance with Section 4.05, such termination shall not be effective until such time as a successor Investment Manager has been appointed in accordance with Section 3.03.

  • Expenses of operation of the Program, the Plans, the Trusts and the ABA Members Collective Trust, as are permitted by applicable laws and regulations and this Agreement, shall be charged to and paid from the assets of the Trusts or the ABA Members Collective Trust (and charged to each Investment Option, Closed Option, Participant or Plan account, as applicable), for which such expenses are incurred.

  • If ABRA rejects such proposal, the NCT Investment Option shall remain an Investment Option or a Closed Option as long as it is offered and maintained in accordance with the requirements set forth in Sections 3.06 and 3.08 (as determined in the reasonable judgment of State Street), unless ABRA and State Street otherwise agree in accordance with the procedures set forth in Articles 3 and 4.

  • State Street shall maintain records of each Plan's interest in each Investment Option and Closed Option and shall maintain such records on an individual basis with respect to each Participant's interest in each Investment Option and Closed Option for each Individual Recordkeeping Plan.

  • State Street shall make available to Investors a telephone service using customer service representatives and a voice response system through which an Investor may authorize and direct State Street (i) to change the manner in which future contributions will be allocated among the Investment Options and (ii) to make transfers between Investment Options or to an Investment Option from a Closed Option.

  • ABRA, as sponsor of the Program and on behalf of Participants, Employers and Investors, and State Street shall each have the right, at any time and from time to time, to deliver to the other an Investment Option Termination Notice with respect to any Investment Option or Closed Option.

  • State Street may terminate or close an Investment Option or Closed Option without the consent of the Investment Fiduciary or ABA RF, subject to the considerations set forth in Section 2.09, upon sixty (60) days’ prior written notice to the Investment Fiduciary, or if State Street reasonably believes urgent action is necessary, upon concurrent notice to the Investment Fiduciary.

  • In conducting its role -------------------------------------- under Article IV with respect to (a) a Fund, (b) a New Investment Option proposed to be a Fund, or (c) a Closed Option that had been a Fund when it was closed, State Street shall act in accordance with Section 2.

  • In conducting its role under Article 4 with respect to (a) a Fund, (b) a New Investment Option proposed to be a Fund, or (c) a Closed Option that had been a Fund when it was closed, State Street shall act in accordance with Section 2.

Related to Closed Option

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Closed portion means that portion of a facility which an owner or operator has closed in accordance with the approved facility closure plan and all applicable closure requirements. (See also “active portion” and “inactive portion”.)

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Vested Options means the Options that have vested in accordance with Section 1.3 of this Agreement.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Stock’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.