Participant Withdrawals Sample Clauses

Participant Withdrawals i. Definition. Participant Withdrawals are withdrawals from the SSF which are:
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Participant Withdrawals. A Participant shall have the right to direct TLIC by written notice, in a form and method acceptable to us, that all or a portion of his or her Account be withdrawn and paid to him/her, or to a successor funding agent on behalf of the Participant, subject to the terms of the Plan. Such payment shall be made in cash within seven days after receipt of such notice except that such payment may be deferred to the extent as may be permitted under applicable federal or state laws, rules and regulations. In determining the value of the Units to be withdrawn as provided above, the date used will be the Business Day specified by the Participant with respect to such withdrawal but in no event earlier than the Business Day on which the Participant’s request is received by TLIC. A withdrawal shall be an Excess Withdrawal that reduces the Participant’s Income Base pursuant to Section 5.7 if: (i) the withdrawal is made prior to the Lock-In Date; or (ii) the withdrawal is made after the Lock-In Date and is in excess of the Guaranteed Income Amount for the Annual Period, subject to the exception provided in Section 6.2.
Participant Withdrawals. A Participant shall have the right to direct TFLIC by written notice that all or a portion of his or her Account be withdrawn and paid to him/her, or to a successor funding agent on behalf of the Participant, subject to the terms of the Plan. Such payment shall be made in cash within seven days after receipt of such notice except that such payment may be deferred to the extent as may be permitted under applicable federal or state laws, rules and regulations. In determining the value of the Units to be withdrawn as provided above, the date used will be the Business Day specified by the Participant with respect to such withdrawal but in no event earlier than the Business Day on which the Participant’s request is received by TFLIC. A withdrawal shall be an Excess Withdrawal that reduces the Participant’s Income Base pursuant to Section 5.7 if: (i) the withdrawal is made prior to the Lock-In Date; or (ii) the withdrawal is made after the Lock-In Date and is in excess of the Guaranteed Income Amount for the Annual Period, subject to the exception provided in Section 6.2. [In accordance with the restrictions of Section 403(b)(11) of the Code, amounts attributable to Contributions made after December 31, 1988 pursuant to a salary reduction agreement may be paid to the Participant only after the Participant attains age 59 1/2, has a severance from employment, dies or becomes disabled (within the meaning of Code Section 72(m)(7)), or due to hardship under the terms of the Plan/Program (but only from principal, not including earnings); or if permitted under the Plan/Program, in the case of a qualified reservist distribution, the date on which a period referred to in subclause (III) of Code Section 72(t)(2)(G)(iii) begins.]
Participant Withdrawals i. Definition. Participant Withdrawals are withdrawals from the Plan GFIF which are:
Participant Withdrawals. Subject to a Market 1.5 Contractholder ____________________1 Value Adjustment _________________________10 1.6 Contractholder Account ____________1 1.7 Contractholder Fixed Account ______1 FORMS OF BENEFITS ----------------- 1.8 Contractholder Variable Account ___2 1.9 Contributions _____________________2 7.1 General ____________________________________11 1.10 Effective Annual Rate _____________2 7.2 Terms of Payment of Annuities ______________11 1.11 Good Order ________________________2 7.3 Certificates _______________________________11 1.12 Participant _______________________2 7.4 Minimum Death Benefit ______________________11 1.13 Participant Account _______________2 1.14 Plan ______________________________2 TERMINATION OF CONTRACT ----------------------- 1.15 Plan Investment Fund ______________2 1.16 Prudential ________________________2 8.1 Sixty Day Termination ______________________12 1.17 Rate Segment ______________________3 8.2 Termination for Cause ______________________12 1.18 Separate Account __________________3 8.3 Effect of Termination ______________________12 1.19
Participant Withdrawals. Pre-Approved Withdrawals Participant withdrawals and distributions shall be processed in accordance with the provisions of the Plan and subject to the following terms and conditions:
Participant Withdrawals. Cash withdrawals from the Participant Account will be subject to a Withdrawal Charge, other than those made for the following reasons: [7](a) [Participant becoming disabled [(within the meaning of Code Section 72(m)(7))].]
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Participant Withdrawals. A RFx Response may be withdrawn at any time prior to the Due Date by written Notice to that effect to the CBH Event Owner or by clicking onto <Decline to Respond> button in Ariba or via the email notification. Costs of preparing RFx Responses All costs relating to the preparation and submission of a RFx Response are the sole responsibility of the Participant. The Company shall not pay any Participant, wholly or in part, for its RFx Response.
Participant Withdrawals. A Bid Response may be withdrawn at any time prior to the Due Date by written Notice to that effect to the CBH Event Owner or by clicking onto <Decline to Respond> button in Ariba or via the email notification. Costs of preparing Bid Response All costs relating to the preparation and submission of a Bid Response are the sole responsibility of the Participant. The Company shall not pay any Participant, wholly or in part, for its Bid Response.

Related to Participant Withdrawals

  • In-Service Withdrawals If elected in the Adoption Agreement, an Employer may elect to permit a Participant in the Plan to make an in-service withdrawal, subject to any limitation(s) specified in the Adoption Agreement.

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • Hardship Withdrawals Hardship withdrawals, as provided for in paragraph 6.9 of the Basic Plan Document #04, [X] are [ ] are not permitted.

  • Plan Withdrawals The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and the plan sponsor of such Multiemployer Plan shall have notified such withdrawing employer that such employer has incurred a withdrawal liability in an annual amount exceeding $1,000,000;

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Withdrawals Each of the Members does hereby covenant and agree that it will not withdraw, resign, retire or disassociate from the Company, except as a result of a Transfer of its entire Interest in the Company permitted under the terms of this Agreement and that it will carry out its duties and responsibilities hereunder until the Company is terminated, liquidated and dissolved under Section 13. No Member shall be entitled to receive any distribution or otherwise receive the fair market value of its Interest in compensation for any purported resignation or withdrawal not in accordance with the terms of this Agreement.

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • Sharing of Participant Information 20 7.4 REPORTING AND DISCLOSURE AND COMMUNICATIONS TO PARTICIPANTS..................................................20 7.5 NON-TERMINATION OF EMPLOYMENT; NO THIRD-PARTY BENEFICIARIES.................................................20 7.6

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