Distribution Rules definition

Distribution Rules. If the Owner or if Joint Owners exist, upon the death of any Owner prior to the Annuity Date, the Certificate may continue for five years from the date of death and, at the end of such five years, any Certificate Value remaining must be distributed to the Beneficiary and the Certificate will terminate. For this purpose, if any Owner is not an individual, the death or change of any Annuitant will be considered the death of an Owner. If the Beneficiary is an individual, the distribution rule set forth above will be considered satisfied as to the portion of the Certificate which is payable to or for the benefit of that Beneficiary and which will be distributed under an Annuity Option over the life of the Beneficiary or Beneficiary (within the meaning of the tax law), provided such distributions begin within one year of the Owner's death, any Annuity Option selected will have to provide for full payment within five years of the Owner's death.
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Distribution Rules means such rules or byelaws as the Board may deem necessary or expedient or convenient for the proper conduct and management of The Society Distribution methods, and no rule or byelaw shall be inconsistent with or shall affect or repeal anything contained in the Constitution.
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Distribution Rules means terms of performing brokerage activities in accepting orders for buy or buyback of shareholdings or other financial instruments defined respectively in the statute or information prospectus of the Fund concerned or issue prospectus published in respect of other financial instruments and the agreement executed by the Brokerage House with an entity executing orders,
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Examples of Distribution Rules in a sentence

  • These proceeds may be payable in a lump sum, as periodic payments under an Annuity Option available under this Contract, towards the purchase of any other Annuity Option we then offer, or in accordance with the Code (see Death of Owner Distribution Rules).

  • In particular, Purchaser shall not segregate money received by it from Seller from Purchaser money and Purchaser shall not be liable to account to Seller for any profits made by Purchaser use as banker of such cash and upon failure of Purchaser, the client money distribution rules within the Client Asset Sourcebook (the “Client Money Distribution Rules”) will not apply to these sums and so Seller will not be entitled to share in any distribution under the Client Money Distribution Rules.

  • Any choice is subject to the Death Benefit Distribution Rules provision of this Contract.

  • These proceeds may be payable in a lump sum, as periodic payments under an Annuity Option available under this Contract, towards the purchase of any other Annuity Option we then offer, or in accordance with the Code (see Death of Owner Distribution Rules provision).

  • These proceeds may be payable in a lump sum, as Periodic Payments under an Annuity Option available, or in accordance with the Code (see Death of Owner Distribution Rules Before the Annuity Date provision).

  • If the Account Bank fails, the Client Money Distribution Rules will not apply to such money and so the Issuer will not be entitled to share in any distribution under the Client Money Distribution Rules.

  • Distribution Rules do not apply to Qualified Contracts issued under Qualified Plans as defined in Section 401, 403, 408 or 408A of the Code or to an annuity that is a qualified funding asset as defined in Code Section 130(d) (but without regard to whether there is a qualified assignment).

  • These proceeds will be payable in a lump sum, as an Annuity Option under this Contract or towards the purchase of any Annuity Option we then offer, or in accordance with the Code (see Death of Owner Distribution Rules).

  • We will treat all money received from you or held by us on your behalf in accordance with the FSC’s Client Money Provisions and as a consequence, such money will be held separately from money belonging to us and in the event of our insolvency, winding up or other Distribution Event (as defined in the FSC Rules), such money will be subject to the FSC’s Client Money Distribution Rules.

  • In particular, Purchaser shall not segregate money received by it from you from Purchaser money and Purchaser shall not be liable to account to you for any profits made by Purchaser use as banker of such cash and upon failure of Purchaser, the client money distribution rules within the Client Asset Sourcebook (the “Client Money Distribution Rules”) will not apply to these sums and so you will not be entitled to share in any distribution under the Client Money Distribution Rules.


More Definitions of Distribution Rules

Distribution Rules means the NEPRA Licensing (Distribution) Rules, 1999;
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Related to Distribution Rules

  • Post-Distribution Ruling has the meaning set forth in Section 7.02(c).

  • Auction Rules means the Mineral (Auction) Rules, 2015 and its subsequent amendments.

  • Mediation Rules As defined in Section 2.03(h)(i).

  • Risk Retention Rules means the joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final rule has been codified, inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department of Housing and Urban Development in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such agency, or as may be provided by any such agency or its staff from time to time, in each case, as effective from time to time as of the applicable compliance date specified therein.

  • U.S. Risk Retention Rules means the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.