Common use of Account Balance Carry Forward Provisions Clause in Contracts

Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited (i.e. spending in any one (1) year must exceed funds carry forward from the year immediately preceding). • Carry forward balances must remain in the original accounts (i.e. no inter account transfers are permitted once the allocation election has been made).

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited forfeited. (i.e. i.e spending in any one (1) year must exceed funds carry forward from the year immediately preceding). .) • Carry forward balances must remain in the original accounts (i.e. i.e no inter account transfers are permitted once the allocation election has been made.).

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit Credits allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited forfeited. (i.e. i.e., spending in any one (1) year must exceed funds carry forward from the year immediately preceding). .) • Carry forward balances must remain in the original accounts (i.e. i.e., no inter account transfers are permitted once the allocation election has been made).

Appears in 1 contract

Samples: Memorandum of Settlement

Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited forfeited. (i.e. spending in any one (1) year must exceed funds carry forward from the year immediately preceding). .) • Carry forward balances must remain in the original accounts (i.e. no inter account transfers are permitted once the allocation election has been made).

Appears in 1 contract

Samples: Collective Agreement

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Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited (i.e. spending in any one (1) year must exceed funds carry forward from the year immediately precedingimmediate proceeding). • Carry forward balances must remain in the original accounts (i.e. no inter account transfers are permitted once the allocation election has been made).

Appears in 1 contract

Samples: Letter of Agreement

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