Examples of Service Accounts in a sentence
JHSS may receive interest/investment earnings and/or balance credits (“Service Account Earnings”) earned with respect to the funds in such Service Accounts.
PNC shall pay any bank charges or banking service fees (“Bank Charges”) payable for the establishment and/or maintenance of Service Accounts.
Any interest/investment earnings and/or balance credits (“Service Account Earnings”) earned by JHSS with respect to the funds in such Service Accounts will be used to offset (a) the banking service fees; and (b) transfer agent fees and out-of-pocket expenses owed by the Fund.
The Plan Administrator may limit the number of Scheduled Distribution Accounts or Separation from Service Accounts maintained on behalf of a Participant at any time.
If one of a Participant’s Separation from Service Accounts is payable in installments, the first installment shall be paid on the six-month anniversary of the Participant’s Separation from Service, and each subsequent installment shall be paid on July 1st of each year in the installment period, beginning with the July 1st next following the date of such first installment.
Any interest/investment earnings and/or balance credits (“Service Account Earnings”) earned by JHSS with respect Allocated by open billable accounts that are NSCC to the funds in such Service Accounts will be used to offset eligible, EXCEPT Class R.
An election to change an In Service Distribution Date is specific to the In Service Account to which it refers, and shall not affect other In Service Accounts (except to the extent the change results in two In Service Accounts with the same In Service Distribution Date, in which case the Accounts are merged) or the ability of the Participant to designate new In Service Distribution Dates with respect to future Compensation deferrals.
Each of a Participant’s Separation from Service Accounts shall be distributed or commence to be distributed on the six-month anniversary of such Participant’s Separation from Service.
Upon the commencement of an Eligible Employee’s participation in the Plan, the Plan Administrator shall establish for the benefit of such Participant one or more Separation from Service Accounts, which in accordance with Section 7.1 shall be distributed following the Participant’s Separation from Service, and if applicable, a Matching Deferral Account pursuant to Section 5.1(c), which shall be distributed at the time and in the form specified by Section 5.1(c).
In the event that a Participant has established two (2) Termination from Service Accounts, the payment will be made in the manner designated for Termination from Service Account number one (1).