Common use of Participant Loans Clause in Contracts

Participant Loans. Except to the extent required by law, an alternate payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such Account. If a QDRO specifies that the alternate payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally continue to be held in the Participant's Account and shall not be divided between the Participant's and alternate payee's Accounts.

Participant Loans. Except to the extent required by law, an alternate payeeAlternate Payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such Account. If a QDRO specifies that the alternate payee Alternate Payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally continue to be held in the Participant's Account and shall not be divided between the Participant's and alternate payeeAlternate Payee's Accounts.

Participant Loans. Except to the extent required by law, an alternate payee, on whose behalf a separate Account has been established, shall An Alternate Payee will not be entitled to borrow from such his or her Account. If a QDRO specifies that the alternate payee Alternate Payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally will continue to be held in the Participant's ’s Account and shall will not be divided between the Participant's ’s and alternate payee's Alternate Xxxxx’s Accounts.

Participant Loans. Except to the extent required by law, an alternate payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such Account. If a QDRO specifies that the alternate payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans -------------------------------------------------------------------------------- shall generally continue to be held in the Participant's Account and shall not be divided between the Participant's and alternate payee's Accounts.

Participant Loans. Except to the extent required by law, an alternate payeeAlternate Payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such Account. If a QDRO specifies that the alternate payee Alternate Payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally continue to be held in the Participant's Account and shall not be divided between the Participant's and alternate payeeAlternate Payee's Accounts.

Participant Loans. Except to the extent required by law, an alternate payeeAlternate Payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such Account. If a QDRO specifies that the alternate payee Alternate Payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally shall, generally, continue to be held in the Participant's ’s Account and shall not be divided between the Participant's ’s and alternate payee's Alternate Payee’s Accounts.