Benefit Distribution definition

Benefit Distribution means the date benefits under the Plan commence or are paid in full to a Participant, or because of his death, to his Beneficiary, which will occur within 90 days of notification to the Company of the event that gives rise to such distribution.
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Benefit Distribution means the date benefits under the Plan commence or are paid in full to a Participant, or because of his death, to his Beneficiary, which will occur within 90 days of notification to the Company of the event that gives rise to such distribution.1.6 “Board of Directors” means the Board of Directors of Southwest Gas Corporation and any Successor Corporation.1.7 “Bonus” means the portion of actual awards, if any, paid in cash under the terms of Southwest Gas Corporation’s 1993 Management Incentive Plan, as amended (“Management Incentive Plan”).1.8 “Change in Control” means the first to occur of any of the following events:
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Benefit Distribution means payments with respect to a Participant under the terms of the Employer Plan as distributions therefrom in any of the following circumstances:
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Examples of Benefit Distribution in a sentence

  • It is expected that an advanced draft Benefit Sharing Plan will include a further detailed description of the content of the Benefit Sharing Arrangements (Beneficiaries, Monetary and Non-Monetary Benefits, and Benefit Distribution Mechanism(s)), as well as monitoring provisions, and stakeholder consultations to date/any evidence of stakeholder buy-in.

  • A Participant's Account shall not be paid (or otherwise made available) to the Participant except as a Retirement Distribution (including a transfer described in Section 7.14) or a Death Benefit Distribution, or as a Hardship Distribution (all as de8fined and provided below).

  • Any Death Benefit Distribution shall comply with Code sections 457(d) and a good faith interpretation of Code section 401(a)(9) and its Regulations as set forth in the final and temporary Treasury Regulations issued April 17, 2002 and subsequent guidance for governmental plans under Code section 401(a)(9).

  • Dr. Wodka, delegate, and Dr. Aglubat, alternate delegate, both plan on attending the virtual meetings.

  • Subject to Section 7.6 below, a Death Benefit Distribution shall commence as of the date elected by the Beneficiary.

  • In addition to any other provisions of the Plan, any Retirement Distribution or Death Benefit Distribution shall conform to the applicable requirements of Code sections 457(d)(2) and 401(a)(9) and the Regulations issued thereunder.

  • Upon a Participant's severance from employment with Employer or death, the Participant's Account shall be payable as a Retirement Distribution (Sections 7.2 through 7.4, below) or as a Death Benefit Distribution (Sections 7.5 through 7.6, below), subject to the provisions of the Plan.

  • They are not payable as a Death Benefit, Distribution on Death, or an Annuity Benefit.

  • DAviS, Esq.Judgment Amount: $116,768.45 ALL THAT CERTAIN piece, parcel or tract of land situate in the Fourth Ward of the Bor- ough of Steelton, Dauphin County, Pennsyl- vania, more fully bounded and described as follows, to wit:BEGINNING at a point on the Eastern side of North Second Street Twelve and one-half (12 1/2) feet North of the line between Lots Nos.

  • Training will begin with the operations and maintenance personnel as soon as they are available.o Water mixers installed in elevated storage tanks may be powered via solar.• The TRUST will collect available data on all equipment: this includes pumps, fans, and lighting.


More Definitions of Benefit Distribution

Benefit Distribution means the date benefits under the Plan commence or are paid in full to a Participant, or because of
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Related to Benefit Distribution

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Retirement Benefit means the benefit set forth in Article 5.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Adverse Benefit Determination means any of the following:

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Tradeable Shares pursuant to Section 5.2(b) on the earlier of the Final Scheduled Termination Date or an Early Termination Date.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.