MRD definition
Examples of MRD in a sentence
Minimum Required Distribution: $25.00 per Participant per MRD Withdrawal.
The parties acknowledge that Recipient may need to consult with Service Provider's management, technology and international staffs in order to develop the MRD.
If Service Provider reasonably believes that an MRD would have such effect, Service Provider shall exercise commercially reasonable efforts to assist Recipient in developing an MRD that does not have such effect but that provides the functionality that Recipient desires.
If the MRD Participant does not respond to the Trustee's notification, the Sponsor directs the Trustee to automatically begin the required distributions for the Participant.
Upon written acceptance of an MRD by Service Provider, Service Provider shall provide the applicable development services in accordance with the terms and conditions of such MRD, including commercially reasonable payment terms at MFN Rates.