Vested Interest definition

Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.
Vested Interest means the portion of a Participant’s, former Participant’s or Former BJS Participant’s Accounts which, pursuant to the Plan, is nonforfeitable.
Vested Interest means the portion, if any, of an Award that is vested in accordance with Article V.

Examples of Vested Interest in a sentence

  • Vested Interest Employees do not have a right to SUB payments except for supplementation of benefits during the unemployment period as specified in the plan.

  • Our informal name is the Yukon government.• Note the small “g” for government and always use “the” in a sentence.• We’re never Yukon Government, Yukon Territorial Government or YTG.

  • A subdivider will be eligible for Vested Interest Refunds for payments for Line Installations outside the subdivision.

  • The amount of each annual installment shall be computed by dividing the Vested Interest in the unpaid balance in the Participant’s or former Participant’s Accounts as of the date of payment of such annual installment by the number of annual installments remaining.

  • Customers requesting additional Line Installations within a Subdivision will be considered new Applicants and become eligible for Vested Interest Refunds.


More Definitions of Vested Interest

Vested Interest or “Vested Accrued Benefit” shall mean the portion of a Participant’s Accrued Benefit that is non-forfeitable.
Vested Interest means the vested interest determined in accordance with Section IV.
Vested Interest means a Grantee's nonforfeitable interest in his Award determined under the terms of his Award Agreement.
Vested Interest means the amount of benefit to which a member has a nonforfeitable right in accordance with the provisions of this Act.
Vested Interest means, as of any date, the amount equal to a fixed, non-forfeitable percentage of a Participant’s Account balance or contribution as determined pursuant to section 8.3(b).
Vested Interest means the portion of the Participant’s applicable benefit under the Plan that is nonforfeitable.
Vested Interest means the fair market value of the Participant’s nonforfeitable interest in his or her Aggregate Account determined as of the next following Valuation Date.