Not in Good Order definition

Not in Good Order. (NIGOs). For Plan Sponsor or Participant transaction requests (including contributions received via payroll files) that are not in good order when received by BOSTON FINANCIAL, BOSTON FINANCIAL shall notify a representative designated by the Trust who will subsequently notify the affected Plan Sponsor or Participant, as the case may be, by telephone on the day of receipt of such information in order to resolve any outstanding issues relating to the transaction. If the outstanding issues relating to the transaction are not, for whatever reason, resolved to BOSTON Financial’s satisfaction within five (5) Business Days then BOSTON FINANCIAL shall reject the transaction and send a notice to the Plan Sponsor or Participant, as the case may be, indicating the date of rejection and why.
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Examples of Not in Good Order in a sentence

  • Any request deemed Not in Good Order will be returned promptly and Lincoln Life will furnish the policy owner with a written explanation of why the request cannot be processed.

  • A single transfer request may consist of multiple transactions.If a transfer request is deemed Not in Good Order for any reason, Lincoln Life will notify the policyowner as to why the request cannot be processed.Should the Company further limit the timing, amount or number of transfers at some future date; the policyowner will be notified of such change.

  • If a transfer request is deemed Not in Good Order for any reason, Lincoln Life will notify the policyowner as to why the request cannot be processed.

  • Any request deemed Not in Good Order will be returned promptly and Lincoln Life will furnish the policyowner with a written explanation of why the request cannot be processed.

  • NIGO Resolution - REIT Coordinate resolution on Not in Good Order items related to Financial transactions through outbound contacts to Investors, Reps and Third Party Financial Institutions.

  • If the contributions and the Account Allocation Information (defined below) do not reconcile, then Boston Financial shall notify the Plan Sponsor and process pursuant to paragraph 8 below (Transactions "Not in Good Order").

  • Vendor shall follow the procedures to process requests found Not in Good Order as defined in the Operating Guidelines.

  • Any request deemed Not in Good Order will be returned within twenty-four (24) hours and Lincoln Life will furnish the policyowner with a written explanation of why the request cannot be processed.

  • Any the request deemed Not in Good Order will be returned within twenty-four (24) hours and Lincoln Life will furnish the policyowner with a written explanation of why the request cannot be processed.

  • The following items are reviewed to determine whether the request meets Good Order requirements.· Acceptable format for specific request.· Appropriate signatures, i.e., policy owner, assignee· Transaction requests meets product requirements, i.e., funds requested are available for product, disbursement request does not exceed product maximumIf a request is received and deemed Not in Good Order, Lincoln Life will notify the policyowner and explain why the request was not processed.

Related to Not in Good Order

  • Good order for initial premium payments means that the Part 1 of the Application is completed, a suitability review and approval have occurred, all producer licensing issues are resolved, all owner and insured information is furnished, all signatures are obtained, all premium has been received, including any subsequent premiums already due, and all other requirements are satisfied as determined by the Company.

  • Field Order means a written order issued by an authorized County official/employee to the Contractor during construction effecting a change in the Work by authorizing an addition, deletion, or revision in the Work within the general scope of the Work not involving an adjustment in the Contract Price or a change to the Contract Time or Term. No Field Order shall be valid or effective unless it is signed by the County employee(s) who has been authorized in writing by the Chief Executive Officer or his/her designee to execute Field Orders.

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Tariff Order means the Telecommunication (Broadcasting and Cable) Services (Eighth) (Addressable Systems) Tariff Order, 2017;

  • Submitted Order has the meaning specified in Section 11.10(d)(i) below.

  • Continuous Service Status means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status.

  • Sales Order means the sales order form, statement of work, or other written document detailing the Products and Services being procured by Customer, and which references this MSA.

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Submitted Sell Order has the meaning specified in Section 11.10(d)(i) below.

  • Submitted Hold Order has the meaning specified in Section 11.10(d)(i) below.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Hold Order has the meaning specified in Section 11.10(b)(i) below.

  • Final Approval Order means the entry of the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit D hereto.