Plan Distribution Sample Clauses

Plan Distribution. As soon as reasonably practicable following the Retirement Date and in accordance with the terms of the plan, the Company will cause the plan to distribute an amount equal to the then current balance in your 401(k) account with the Company to you or to your rollover XXX at your election. Benefit
Sample 1
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Plan Distribution. No later than five (5) business days following the submission of Project plans related to the required substantial conformance review for the Project, NUWI CMR, LLC shall provide notice and a digital copy of any such plans to CMRRCA. Such notice shall be provided only once. CMRRCA shall designate one (1) individual (the “Association Designee”) as the recipient of all such notices and plans. Counsel for CMRRCA shall provide the name of the Association Designee to counsel for NUWI CMR, LLC pursuant to the requirements of the Agreement. Thereafter, CMRRCA shall be responsible for apprising NUWI CMR, LLC directly of any changes to the Association Designee. CMRRCA shall not have approval or revision authority over any plans related to the Project. This term of the Agreement does not grant, either expressly or impliedly, any approval or revision authority, or any comment period, over any plans related to the Project to CMRRCA.
Sample 1
Plan Distribution. Construction Manager will initiate and monitor the distribution of Project plans and specifications.
Sample 1
Plan Distribution. Sellers agree and acknowledge that the consummation of the transactions contemplated by this Agreement will result in, and constitute, a distributable event pursuant to Code Section 401(k)(10)(A)(ii) (the "Distributable Event") for all Employees of Sellers who are participants in any tax-qualified plan that has a 401(k) component maintained by Sellers prior to the Closing Date and, accordingly, Sellers shall provide Buyer, in a form reasonably acceptable to Buyer, evidence that Sellers recognize the Distributable Event. Sellers further agree that on or prior to the Closing Date, all of the accounts in Sellers' tax-qualified plan(s) of all Employees who cease to be employees of Sellers as a result of, or in connection with, the consummation of the transactions contemplated by this Agreement shall be fully vested.
Sample 1

Related to Plan Distribution

  • Hardship Distribution Upon the Board of Director's determination (following petition by the Executive) that the Executive has suffered an unforeseeable financial emergency as described in Section 2.2.2, the Company shall distribute to the Executive all or a portion of the Deferral Account balance as determined by the Company, but in no event shall the distribution be greater than is necessary to relieve the financial hardship.

  • Liquidation Distribution Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.

  • Liquidation Distributions All property and all cash in excess of that required to discharge liabilities as provided in Section 12.4(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 12.4(c)) for the taxable year of the Partnership during which the liquidation of the Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year (or, if later, within 90 days after said date of such occurrence).

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • Liquidating Distribution In the event of the dissolution of the Partnership for any reason, the Partnership assets shall be liquidated for distribution in the following rank and order:

  • Certain Distributions If the Company elects to:

  • In-Service Distributions [X] (1) In-service distributions may be made from any of the Participant's vested Accounts, at any time upon or after the occurrence of the following events (select all applicable): [X] (a) a Participant's attainment of age 59-1/2. [X] (b) due to hardships as defined in Section 5.9 of the Plan. [ ] (2) In-service distributions are not permitted.

  • Final Distributions Section 8.01. Sale of Receivables or Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement and Section 7.01 or 7.02 of this Supplement.

  • Allocations Distributions Each item of income, gain, loss, deduction and credit of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Distributions shall be made to the Member at the times and in the amounts determined by the Member.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

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