Yearly Date definition
Examples of Yearly Date in a sentence
CONTRACT YEAR is a period of one year beginning on a Yearly Date.
Yearly Date is the Contract Date and the same day of each year thereafter.
The Trustee shall file with us an accounting of its transactions as soon as practical after each Yearly Date or any other date we may specify.
Before the first Yearly Date in 1989, the Member's Account which results from deductible Voluntary Contributions shall not be taken into account in determining whether the Member's Vested Account has exceeded $3,500 and an election as to the distribution of a Member's Vested Account which results from deductible Voluntary Contributions is not subject to the consent requirements above and may be made any time before such distribution is to begin.
An Employee may first become an Active Participant (begin active participation in the Plan) on the earliest Yearly Date on or after January 1, 1987, on which he is an Eligible Employee and has met the eligibility requirement set forth below.
This date is the first Yearly Date for the Adopting Employer's Plan and shall be the Entry Date for any of its Employees who have met the requirements in Section 2.01 as of that date.
Any portion of the divisible surplus that we determine to accrue on this contract shall be determined annually by us and shall be credited to this contract on each Yearly Date after the Contract Date.
On and after the first Yearly Date in 1993, Excess Contributions of Members who are subject to the family member aggregation rules shall be allocated among the Family Members in proportion to the Elective Deferral Contributions (and amounts treated as Elective Deferral Contributions) of each Family Member that is combined to determine the combined Actual Deferral Percentage.
Members who are Highly Compensated Employees (officers, shareholders or highly compensated Employees before the first Yearly Date after December 31, 1988) shall not be treated in a manner more favorable than that afforded all other Members.
Any portion of the divisible surplus that we determine to accrue on this contract will be determined annually by us and will be credited to this contract on each Yearly Date after the Contract Date.