fixed date definition

fixed date means the date fixed in terms of section 1(2) as the date of commencement of this Act;
fixed date means the date fixed in terms of subsection (2) of section one as the date on which this Act comes into operation;
fixed date means the date of commencement of this Act;

Examples of fixed date in a sentence

  • The lump sum payment shall be made no later than sixty (60) days after the last day of any Plan Year designated by the Participant that is after the Earliest Fixed Date Payout Date.

  • The following year, the payment shall be 1/9 of the Account Balance (or the Fixed Date Payout Account Balance, in the event of a Fixed Date Payout), calculated as described in this definition.

  • By way of example, if the Participant elects a ten year Annual Installment Method, the first payment shall be 1/10 of the Account Balance (or the Fixed Date Payout Account Balance, in the event of a Fixed Date Payout), calculated as described in this definition.

  • Should an event occur that triggers a benefit under Section 5.2, any deferral amounts that are subject to a Fixed Date Distribution election under this Section 5.1 shall not be paid in accordance with Section 5.1 but shall be paid in accordance with the other applicable Section.

  • If a Participant does not elect to have his or her Fixed Date Payout Account Balance paid in accordance with the Annual Installment Method, then such benefit shall be payable in a lump sum.


More Definitions of fixed date

fixed date means the 15th December, 1985;
fixed date. (“dated”) order: The order is valid until a specific date fixed by the Client, within the limit of 365 days. The order remains valid until it is either executed, cancelled by the Client or withdrawn by the system when it reaches the end of its validity. The attention of investors is drawn to the long validity of such orders which remain in the order book and are liable to be executed well after their input. The Bank cannot be held responsible for the client forgetting having left an order in the book that may be executed at an unfavourable time for them.
fixed date means the 1st October, 1995.
fixed date means the date fixed in terms of section 1(2) as the date of operation of these regulations;
fixed date means the date fixed in terms of subsection (2) of section one as the date of commencement of sections two to sixty-two;
fixed date means the date fixed or specified in terms of subsection (2) of section one as the date of com- mencement of this Act or Part IV, as the case may be;
fixed date means the 22nd May, 1981;