Qualified Contract definition

Qualified Contract. A Contract that qualifies under the Code as an individual retirement annuity (“IRA”) or a Contract purchased under a Qualified Plan that qualifies for special tax treatment under the Code. Qualified Plan — A retirement plan that receives favorable tax treatment under Section 401, 403, 408, 408A or 457 of the Code. SEC — Securities and Exchange Commission.
Qualified Contract means a product used to fund any type of pension plan approved by the Internal Revenue Service.
Qualified Contract means a bona fide contract to acquire the Project as defined in Section 42(h)(6)(F) of the Code and subject to the provisions of the Code.

Examples of Qualified Contract in a sentence

  • The Corporation may also engage the services of its own certified public accountant (CPA) and real estate appraiser to assist in the review of a Qualified Contract Package.

  • When submitting a qualified contract request, the owner shall utilize the Qualified Contract Package in effect at the time of the request and shall remit payment of the required Qualified Contract Package fee as provided therein.

  • All information contained in a Qualified Contract Package is subject to independent review, analysis and verification by the Corporation or its agents.

  • Qualified Contract under Code Section 408(a), 408(k), 408A, 408(p) or 403(b), except for an Inherited IRA, Inherited Roth IRA, Inherited TSA, 401(a), 401(k), Individual(k), Keogh, or 457 plan.

  • In addition to the Qualified Contract Package fee, the owner shall be responsible for all third party fees in connection with the owner’s qualified contract request.


More Definitions of Qualified Contract

Qualified Contract means a bona fide contract to acquire the portion of a Building which is not Rent-Restricted for fair market value and the portion of the Building which is Rent-Restricted for an amount not less than the Applicable Fraction for the Building or the sum of: (i) the portion of outstanding indebtedness secured by, or with respect to the Building which is allocable to such Building; (ii) adjusted investor equity in the Building; and (iii) other capital contributions invested in the Building but not reflected in the amounts described in (i) or (ii) above; reduced by cash distributed from the Development or available for distribution from the Development; provided that in all cases, the purchase price for the Building required for a contract to be a Qualified Contract shall be determined in a manner consistent with the requirements of Code Section 42(h)(6)(F), or such other regulations as prescribed by the Code to carry out this section.
Qualified Contract means a lease, sublease, loan agreement, installment sales contract, or similar instrument, entered into between a small business concern and any person.
Qualified Contract. ’ means a lease, sub- lease, loan agreement, installment sales con- tract, or similar instrument, entered into be- tween a small business concern and any per- son.
Qualified Contract any new intellectual property license entered into by the Borrower or any of its Restricted Subsidiaries in respect of any brand so long as an officer of the Borrower has certified to the Administrative Agent that the revenues generated by such license in the next succeeding 12 months would reasonably be expected to exceed $10,000,000.
Qualified Contract. A Contract that qualifies under the Code as an individual retirement annuity (“XXX”) or a Contract purchased under a Qualified Plan that qualifies for special tax treatment under the Code. Qualified Plan – A retirement plan that receives favorable tax treatment under Section 401, 403, 408, or 408A of the Code. SEC – Securities and Exchange Commission.
Qualified Contract. A contract that is used as a funding vehicle for a retirement plan qualified for special tax treatment under the Code, including Sections 401, 403, 408, 408A and 457. All other contracts are considered Non-qualified contracts. SERVICING OFFICE - - The office where servicing of this Contract takes place, located at 0000 Xxxxx Xxxxxxx Xxxxxx, X.X. Box 7866, Fort Xxxxx, Indiana, 46801-7688, or an institution designated by LNY. VALUATION DATE -- Close of the market of each day that the New York Stock Exchange is open for business. VALUATION PERIOD -- The period commencing at the close of business on a particular Valuation Date and ending at the close of business on the next succeeding Valuation Date. VARIABLE ACCOUNT -- The segregated investment account into which LNY sets aside and invests the assets allocated to the Variable Subaccount(s) made available by LNY and selected by the Owner. The Variable Account for this Contract is shown on the Contract Data page. VARIABLE ANNUITY PAYMENTS -- Periodic payments made to the Owner or the Owner's designee by LNY on or after the Annuity Commencement Date which vary in amount with the investment experience of each applicable Variable Subaccount.
Qualified Contract means a contract that is tendered in accordance with the qualification procedures administered by the Township.