Acceptance of Rollovers Sample Clauses

Acceptance of Rollovers. At the direction of the Administrator, to accept a contribution of cash distributed or distributable to a Participant from another employee benefit plan qualified under Code § 401(a), or from an individual retirement account or annuity described in Code § 408. The Administrator shall be solely responsible for determining that any such contribution represents an eligible rollover contribution within the meaning of Code § 402(c)(4) or Code § 408(d)(3)(A)(ii).
Sample 1See All (4)
AutoNDA by SimpleDocs
Acceptance of Rollovers. Effective Immediately after the Distribution Date, the Tronox SIP shall accept the rollover of all or any portion of the vested account balance (including any outstanding participant loans) of any Transferred Individual who is a participant in the Xxxx-XxXxx SIP and who properly completes the necessary forms to request such a rollover, provided that the Tronox SIP shall not be required to accept the rollover of any shares of Xxxx-XxXxx Common Stock held in a participant’s Xxxx-XxXxx SIP account. The Tronox SIP shall be solely responsible for all liabilities to or relating to Transferred Individuals under the Xxxx-XxXxx SIP to the extent such Transferred Individuals roll over their account balances from the Xxxx-XxXxx SIP to the Tronox SIP. Effective no later than Immediately after the Distribution Date, Tronox shall enter into agreements satisfactory to Xxxx-XxXxx related to such rollovers, the maintenance of the necessary participant records, the appointment of an initial trustee under the Tronox SIP, and the engagement of an initial recordkeeper under the Tronox SIP.
Sample 1Sample 2
Acceptance of Rollovers. The Custodian may accept rollover contributions, as described in sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3), 408(p) and 457(e)(16) of the Code, into the Custodial Account of a Depositor. Such rollover contributions, which may include cash and/or such other assets as may be acceptable to the Custodian, must be made pursuant to the Depositor’s irrevocable election as required by law. The Custodian shall have no duty or obligation to ascertain the validity of any rollover transaction and/or the eligibility for rollover of any distribution and it reserves the right to rely on any rollover certification or designation submitted by a Depositor. Further, the Custodian shall assume no liability for the accomplishment of any "direct rollover" from an employer sponsored retirement plan as such liability rests solely with the distributing employer plan.
Sample 1Sample 2
Acceptance of Rollovers. Each employee benefit plan of Buyer that is a tax-qualified defined contribution plan (as defined in Section 3(34) of ERISA) that accepts rollover contributions shall accept qualifying rollover contributions of benefits distributed from each Plan of Seller that is a tax-qualified defined contribution plan, including to the extent possible notes attributable to loans to Transferred Employees that are outstanding as of the date of distribution from such Plan.
Sample 1

Related to Acceptance of Rollovers

  • Acceptance of AAU You will have accepted an AAU for an Offering if: (a) we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, telecopy or electronic data transmission, or other written communication (any such communication being deemed “In Writing”) or orally (if promptly confirmed In Writing), in the manner specified in the Invitation Wire, of our invitation to participate in the Offering, or (b) notwithstanding that we did not send you an Invitation Wire or you have not otherwise responded In Writing to any such Wire, you: (i) agree (orally or by a Wire) to be named as an Underwriter in the relevant Underwriting Agreement executed by us as Manager, or (ii) receive and retain an economic benefit for participating in the Offering as an Underwriter. Your acceptance of the invitation to participate will cause such AAU to constitute a valid and binding contract between us. Your acceptance of the AAU as provided above or an Invitation Wire will also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you will be deemed to have elected not to participate in the Offering.

  • Acceptance of Rent 7.1 Acceptance of Rent by the Landlord or the Landlord’s Agent shall be at all times without prejudice to and shall not be a waiver of the rights and remedies of the Landlord in respect of any breach of the Tenant’s agreements of stipulations contained in this Agreement; and any Rent paid by any third party will be accepted from that person as the agent of the Tenant only and will not confer on the third party any rights as the Tenant.

  • Acceptance of Agreement This Agreement shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Acceptance of Contract This contract shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • ACCEPTANCE OF NONCONFORMING WORK If the Owner prefers to accept Work that is not in accordance with the requirements of the Contract Documents, the Owner may do so instead of requiring its removal and correction, in which case the Contract Sum will be reduced as appropriate and equitable. Such adjustment shall be effected whether or not final payment has been made.

  • Acceptance of Services Services furnished under this Contract are subject to acceptance by OSU. If OSU finds services furnished to be incomplete or not in compliance with the Contract, OSU, at its sole discretion, may either reject the services, require Contractor to correct any defects without charge, or negotiate with Contractor to reduce the price, whichever OSU deems appropriate under the circumstances. If Contractor is unable or refuses to cure any defects within a time deemed reasonable by OSU, OSU may reject the services and cancel the Contract in whole or in part.

  • Acceptance of Application (a) SORACOM may request the Applicant to submit information necessary for SORACOM to determine whether the Applicant may have failed to make any payment that the Applicant is responsible to pay in relation to the SORACOM Private Network Service. In such case, the Applicant shall promptly submit such information in writing.

  • Acceptance of Award The Grantee shall have no rights with respect to this Award unless he or she shall have accepted this Award. Any consideration due to the Company on the issuance of the Award has been deemed to be satisfied by past services rendered by the Grantee to the Company.

  • ACCEPTANCE OF GOODS Under no circumstances shall UNDP be required to accept any Goods that do not conform to the specifications or requirements of the Contract. UNDP may condition its acceptance of the Goods upon the successful completion of acceptance tests as may be specified in the Contract or otherwise agreed in writing by the Parties. In no case shall UNDP be obligated to accept any Goods unless and until UNDP has had a reasonable opportunity to inspect the Goods following delivery. If the Contract specifies that UNDP shall provide a written acceptance of the Goods, the Goods shall not be deemed accepted unless and until UNDP in fact provides such written acceptance. In no case shall payment by UNDP in and of itself constitute acceptance of the Goods.

  • Acceptance of the Terms of Use These terms of use are entered into by and between You and Insight Alliance (“Company,” “we,” or “us”). The following terms and conditions, together with any documents they expressly incorporate by reference (collectively, the “Terms of Use”), govern your access to and use of xxx.xxxxxxxxxxxxxxx.xxx, including any content, functionality, and services offered on or through xxx.xxxxxxxxxxxxxxx.xxx (the “Website”), whether as a guest or a registered user. Please read the Terms of Use carefully before you start to use the Website. By using the Website, you accept and agree to be bound and abide by these Terms of Use and our Privacy Policy, incorporated herein by reference. If you do not want to agree to these Terms of Use or the Privacy Policy, you must not access or use the Website. This Website is offered and available to users who are 18 years of age or older and reside in the United States or any of its territories or possessions. By using this Website, you represent and warrant that you are of legal age to form a binding contract with the Company and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Website.

Time is Money Join Law Insider Premium to draft better contracts faster.