Sweep Time definition

Sweep Time means the cutoff time established by the Plan Administrator to receive notification of a financial transaction in order to process the transaction with respect to a Trade Date designated by the Plan Administrator.
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Sweep Time means the cutoff time set forth in the Administrative Services Agreement to receive notification of an Investment Election or Exchange Election in order to process the transaction with respect to a Trade Date or to receive a funding request for a Payment Date.
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Examples of Sweep Time in a sentence

  • A Conversion Election to change a Participant’s investment of his or her Accounts in one Investment Fund to another Investment Fund will be effective with respect to such Investment Funds on the Trade Date(s) which relates to the Sweep Time on which or prior to which the Conversion Election is received and not revoked pursuant to procedures specified by the Administrator.

  • Except as otherwise provided herein, all transactions will be effected on the Trade Date relating to the Sweep Time (or as soon thereafter as is administratively possible).

  • For any transaction to be processed as of a Trade Date, the responsible Named Fiduciary must receive instructions by the Sweep Time and such instructions will apply only to amounts held in and posted to the Accounts as of the Trade Date.

  • A Participant’s initial Investment Election will be effective with respect to an Investment Fund on the Trade Date which relates to the Sweep Time on which or prior to which the Investment Election is received and not revoked pursuant to procedures specified by the Administrator.

  • Whenever the Administrator considers such action to be in the best interest of the Participants, the Administrator in its discretion may suspend from time to time the Trade Date or reset the Sweep Time.

  • Effective as of the date designated by the Management Committee on which any Investment Fund is added under Section 7.03, each Participant will have the opportunity to make new Investment Elections and Conversion Elections to the Administrator no later than the applicable Sweep Time.

  • Effective as of the date designated by the Management Committee on which any Investment Fund is added under Section 7.3, each Participant will have the opportunity to make new Investment Elections and Conversion Elections to the Administrator no later than the applicable Sweep Time.

  • FSK - Internal rate 0.01Hz-1MHz - External 1MHz max PWM to 20 KHz with programmable width and modulation rate Sweep Shape: Linear and Logarithmic, up or down Sweep Time: 10 ms to 500 s.

Related to Sweep Time

  • night time means any period of not less than seven hours, as defined by national law, and which must include, in any case, the period between midnight and 5.00.

  • Deactivation Date means the date a generating unit within the PJM Region is either retired or mothballed and ceases to operate.

  • Central Clock Time or "CCT" means Central Daylight Time when Daylight Savings Time is in effect and Central Standard Time when Daylight Savings Time is not in effect.

  • Activation Date means the date upon which MLBFS shall cause the WCMA Line of Credit to be fully activated under MLPF&S' computer system as part of the WCMA Program.

  • Down Time means the time period when specified services with specified technical and service standards are not available to user(s).