Normal Commencement Date definition

Normal Commencement Date means the first day of the month following the later of (1) three completed calendar months after the Participant’s Separation From Service (or six completed calendar months after the Participant’s Separation From Service if the Participant is a Specified Employee), or (2) the Participant’s 60th birthday.
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Normal Commencement Date means the later of (i) the first day of the month which is six months after the Termination Date or (ii) the first day of the month following Retirement Age.
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Normal Commencement Date means the first day of the month coincident with or next following the attainment of age 65 for a Deferred Annuitant listed in Schedule I under [Form A, Part 2 or Part 3], and the first day of the month coincident with or next following what would have been the 65th birthday of the deceased Plan participant for whom the surviving Spouse is listed as a Deferred Annuitant in Schedule I under [Form A, Part 4], and the first day of the month coincident with or next following the attainment of age 65 for the Plan participant for whom an Alternate Payee is listed as the Deferred Annuitant in Schedule I, under [Form A, Part 5].
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Examples of Normal Commencement Date in a sentence

  • Early Pension Commencement Date prior to Age 65This is the first day of the month selected by a Participant to commence their pension prior to their Normal Commencement Date.

  • If a Participant incurs a Separation From Service prior to his or her 65th birthday but on or after his 60th birthday, his or her Executive Retirement Installment Benefit shall be computed under Section 4.01 but reduced by 5/12% for each month that payments commence prior to his or her Normal Commencement Date.

  • The monthly Life Annuity payable on that date will be the same monthly Life Annuity that would have been payable on the Normal Commencement Date.

  • On the Late Commencement Date the Deferred Annuitant Annuity will reflect an actuarial increase from the Normal Commencement Date to the Late Commencement Date, as determined under Section 8.02 of the Contract.

  • If a Deferred Annuitant listed in Schedule I under [Form A, Part 2(a) or Part 2(b)] remains in the employ of the Employer after the Normal Commencement Date, such Deferred Annuitant will be deemed to have elected to change the expected Annuity Commencement Date to a Late Commencement Date.

  • Each Deferred Annuitant listed under [Form A, Part 4(a), 4(b), 4(c) and 4(d)] is the surviving spouse of a deceased Plan participant who died before the Liability Assumption Date and before his or her Normal Commencement Date.

  • Each Deferred Annuitant listed under [Form A, Part 4(e)] is the surviving spouse of a deceased Plan participant who died after his or her Normal Commencement Date and before the Liability Assumption Date.

  • The monthly Annuity payment to the Deferred Annuitant will be actuarially increased from the Normal Commencement Date to the Earliest Retirement Date shown in Schedule I.

  • A Deferred Annuitant with a Prior Pension Payment will not receive a monthly Annuity payment on his or her Normal Commencement Date that is less than the monthly Prior Pension Payment.

  • The monthly Annuity payment shown for the Normal Commencement Date will be actuarially increased to the Earliest Retirement Date.


More Definitions of Normal Commencement Date

Normal Commencement Date means the first day of the month immediately following the Participant's Date of Termination or, if later, the first day of the month on or immediately following the date on which the Participant attains age 62.
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Normal Commencement Date means the later of (i) the first day of the month which follows the month containing the six-month anniversary of the Termination Date or (ii) the first day of the month following Retirement Age. Supplement Executive Retirement Plan Cowlitz Bancorporation 30117550.02
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Normal Commencement Date means the [first day of the calendar month coincident with or next following] the Deferred Covered Life’s 65th birthday.]
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Related to Normal Commencement Date

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Billing Commencement Date means the earlier of:

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Commencement Date means the date fourteen (14) days after the date the Contract comes into effect or any other date named in the Contract Data.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Offering Commencement Date means the first day of each Offering Period.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Annuity Commencement Date means the first day of any month upon which an annuity begins under the Contract. However, for any Participant, this date shall not be later than the required beginning date as defined in the applicable sections of the Code and Regulations issued thereunder.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;