Actuarial Valuation Reports Sample Clauses

Actuarial Valuation Reports. The annual actuarial valuation report for each DOE-reimbursed pension plan and when a pension plan is commingled, the Contractor shall submit separate reports for DOE’s portion and the plan total by the due date for filing IRS Form 5500.
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Actuarial Valuation Reports. (a) The Board must have the Pension Plan reviewed and the results of the review set out in the form of an actuarial valuation report for a going concern valuation, in the manner and at the times specified in such provisions of the PBSA and the regulations thereunder which are applicable to the Pension Plan and Appendix C. (b) If an actuarial valuation report indicates that there is a requirement to increase contribution rates to the Basic Account, the increase must be shared equally between the Employers and the Plan Members, and the Board must amend the Pension Plan Rules accordingly. (c) Subject to the ITA, the Funding Arrangement set out in Appendix B and the Minimum Funding Requirements set out in Appendix C, if an actuarial valuation report indicates that the Pension Plan has actuarial excess as defined in Appendix B, such actuarial excess will be considered unallocated actuarial excess of the Pension Fund unless and until the Board elects to apply the actuarial excess in one or more of following manners so as to achieve over time an equitable sharing of the benefits of the actuarial excess between Plan Members and Employers: (i) transfer all or a portion of the actuarial excess to the reserve established within the Pension Fund for stabilizing contribution rates; (ii) transfer all or a portion of the actuarial excess to the Inflation Adjustment Account; (iii) apply all or a portion of the actuarial excess to an equal reduction or elimination of Employer and Plan Member contribution rates to the Basic Account for a period of time; (iv) apply all or a portion of the actuarial excess to fund changes to the benefit provisions set out in the Pension Plan Rules as provided in Section 11.5; or (v) apply all or a portion of the actuarial excess, amortized over a period of 15 years, towards the payment of contributions otherwise payable by Plan Members, Employers, or both, pursuant to the Pension Plan Rules. (d) Any reference in subsection (c) to actuarial excess shall be interpreted as a reference to the actuarial excess associated with the benefits payable from the Basic Account. (e) Any action taken by the Board under subsection (b) or (c) must comply with the funding requirements set out in Appendix C and must result in the Pension Plan being funded in accordance with such funding requirements. (f) The Board must administer the Pension Plan to ensure that the amount of surplus assets in the Pension Plan does not, for the purposes of the ITA, exceed the am...
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Actuarial Valuation Reports. Promptly and in any event within 30 days after receipt thereof by any Loan Party or any ERISA Affiliate, copies of each annual valuation report prepared with respect to any Plan.
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Actuarial Valuation Reports. ‌ (a) The Board must have the Pension Plan reviewed, and the results of the review set out in the form of an actuarial valuation report for a going-concern valuation in the manner and at the times specified in the PBSA and the regulations under the PBSA. (b) Subject to the transitional funding arrangements set out in Appendix B of this Joint Trust Agreement, if an actuarial valuation report indicates that there is a requirement to increase contribution rates to the Basic Account, the increase must be shared equally between the Employers and the Plan Members, and the Board must amend the Pension Plan Rules accordingly. (c) After the end of the Transitional Period, as defined in Appendix B, the term “surplus assets” means, in respect of the benefits payable from the Basic Account as of a certain date, the amount equal to i) the value of the Basic Account as of that date, and ii) the actuarial present value as of that date of all future entry age normal cost contributions which will be made in respect of future service by the Plan Members, as identified as such in the then most recent actuarial valuation of the Plan filed with the Superintendent of Pensions, minus iii) the actuarial present value as of that date of all benefit and expense payments to be made from the Basic Account in respect of accrued and future service by the Plan Members, all as determined by the Plan actuary. If the result of the calculation in the preceding sentence is a negative number, the result is deemed to be nil.
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Actuarial Valuation Reports. The WHX Pension Plan's Actuarial Valuation Report no later than the last day of the plan year.
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Actuarial Valuation Reports. The Board must have the Retiree Benefit Plan reviewed no less frequently than every 3 years and the results of the review set out in the form of an actuarial valuation report prepared in accordance with accepted actuarial standards and practices appropriate for an ELHT. The Trustees shall review each actuarial valuation report with reference to the Funding Policy and take such action, if any, as may be appropriate.
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Actuarial Valuation Reports. (1) The Trustees shall require the Pension Plan’s Actuary to prepare all Actuarial Valuation Reports for the Pension Plan, including preliminary Actuarial Valuation Reports, using the actuarial methods and assumptions determined in accordance with Article 6.3(c) of the Sponsors Agreement, and to submit such reports to the Trustees and to the Sponsor Board. (2) The first Actuarial Valuation Report shall be prepared with a valuation date as at September 30, 2016. The next subsequent Actuarial Valuation Report shall be prepared with a valuation date as at April 30, 2019. Subsequent Actuarial Valuation Reports will be prepared as at April 30 on regular intervals as determined by the Sponsor Board, but in any event such interval period shall be no longer than three years. (3) A draft preliminary Actuarial Valuation Report shall be prepared and submitted to the Sponsor Board and the Trustees within four months of each valuation date for their review and comment. (4) Within nine months of each valuation date, a final Actuarial Valuation Report shall be prepared and submitted to the Trustees and to the Sponsor Board for the Sponsor Board’s approval.
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Actuarial Valuation Reports. IRS FORM 5500. (i) As soon as delivered to LTV following completion by the actuary for a Restored Plan, the annual actuarial valuation report required pursuant to IRC section 412(c)(9) and the rules 37 42 and regulations promulgated thereunder for such Restored Plan, (ii) when filed with the IRS, (A) IRS Form 5500 filings (together with all attachments) for the Restored Plans, (B) funding waiver requests with respect to any of the Restored Plans, and (C) notification of any spin-off, merger or change of Plan Sponsor with respect to any of the Restored Plans, (iii) notification ten days prior to the adoption of any amendment to any of the Restored Plans and (iv) as soon as reasonably practicable, a quarterly statement of the assets of each Restored Plan.
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Actuarial Valuation Reports. The Board must have the Pension Plan reviewed and the results of the review set out in the form of an actuarial valuation report for a going concern valuation in the manner and at the times specified in the PBSA, the regulations under the PBSA and Appendix B. In each actuarial valuation report prepared pursuant to subsection (a) the Plan actuary must calculate and identify the following, each effective as of the effective date of the actuarial valuation report: (i) the entry age normal cost of the Plan (the “EANC”), (ii) the “PBSA Contribution Rate”, being the aggregate Employer and Plan Member contribution rate to the Basic Account calculated in accordance with Appendix B assuming that: A. any unfunded liability identified in the valuation will be amortized over the maximum period permitted by Appendix B, and B. the Basic Account does not include the assets notionally allocated to the Rate Stabilization Account, (iii) the “Required Contribution Rate”, being the greater of the EANC and the PBSA Contribution Rate so identified, (iv) the Surplus Assets in the Basic Account, if any, and
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Related to Actuarial Valuation Reports

  • Annual Audit Report On or before July 31 of each year, beginning with July 31, 2002, Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller and Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that Servicer's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement. 27. A new Section 5.07 is hereby added to the Master Servicing Agreement to read as follows:

  • Performance Appraisals 3201 The Employer shall complete a written appraisal of a nurse's performance at least bi-annually. Upon request, the nurse shall be given an exact copy of the appraisal. 3202 The nurse shall have an opportunity to read such document. 3203 The nurse's signature on such document merely signifies that the contents of the document have been read. 3204 If the nurse disputes the appraisal, she/he may file a reply to the document in accordance with Article 29, and/or she/he may file a grievance under Article 12 of this Agreement.

  • Annual Servicing Report By the date in each year specified in the Adoption Annex, beginning on the date specified in the Adoption Annex, the Master Servicer, at its expense, shall cause a firm of nationally recognized independent public accountants (who may also render other services to the Master Servicer) to furnish a report to the Indenture Trustee, the Credit Enhancer, and each Rating Agency to the effect that the firm has examined certain documents and records relating to the servicing of mortgage loans during the most recent fiscal year then ended under sale and servicing agreements or pooling and servicing agreements (substantially similar to this Agreement, including this Agreement), that the examination was conducted substantially in compliance with the audit guide for audits of non-supervised mortgagees approved by the Department of Housing and Urban Development for use by independent public accountants (to the extent that the procedures in the audit guide are applicable to the servicing obligations in those agreements), and that the examination has disclosed no items of noncompliance with this Agreement that, in the opinion of the firm, are material, except for the items of noncompliance described in the report.

  • Evaluation Reports Where a formal evaluation of an employee's performance is carried out, the employee shall be provided with a copy to read and review. Provision shall be made on the evaluation form for an employee to sign it. The form shall provide for the employee's signature in two (2) places, one indicating that the employee has read and accepts the evaluation, and the other indicating that the employee disagrees with the evaluation. The employee shall sign in one of the places provided within seven (7) calendar days. No employee may initiate a grievance regarding the contents of an evaluation report unless the signature indicates disagreement with the evaluation. The employee shall receive a copy of the evaluation report at the time of signing. An evaluation report shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure.

  • Performance Appraisal The Executive’s performance may be evaluated by the Board of Directors or the Committee from time to time. The Executive shall be entitled to such additional remuneration, including but not limited to annual bonuses based on performance, as the Board of Directors or the Committee may, in its discretion, determine from time to time.

  • Annual Independent Accountants’ Report The Servicer shall cause a firm of nationally recognized independent certified public accountants (the "Independent Accountants"), who may also render other services to the Servicer or to the Seller, to deliver to the Trustee, the Owner Trustee, the Trust Collateral Agent, the Backup Servicer, the Insurer and each Rating Agency, on or before October 31 (or 120 days after the end of the Servicer's fiscal year, if other than June 30) of each year, beginning on October 31, 1999, with respect to the twelve months ended the immediately preceding June 30 (or other applicable date) (or such other period as shall have elapsed from the Closing Date to the date of such certificate), a statement (the "Accountants' Report") addressed to the Board of Directors of the Servicer, to the Trustee, the Owner Trustee, the Trust Collateral Agent, the Backup Servicer and to the Insurer, to the effect that such firm has audited the books and records of AmeriCredit Corp., in which the Servicer is included as a consolidated subsidiary, and issued its report thereon in connection with the audit report on the consolidated financial statements of AmeriCredit Corp. and that (1) such audit was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and such other auditing procedures as such firm considered necessary in the circumstances; (2) the firm is independent of the Seller and the Servicer within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants, and (3) includes a report on the application of agreed upon procedures to three randomly selected Servicer's Certificates including the delinquency, default and loss statistics required to be specified therein noting whether any exceptions or errors in the Servicer's Certificates were found.

  • ERISA Reports Upon request by Lender, copies of any annual report to be filed pursuant to the requirements of ERISA in connection with each plan subject thereto; and

  • Evaluation Report The state must provide a narrative summary of the evaluation design, status (including evaluation activities and findings to date), and plans for evaluation activities during the extension period. The narrative is to include, but not be limited to, describing the hypotheses being tested and any results available.

  • Annual Reports; Etc Promptly after the same are available, copies of each annual report, proxy or financial statement or other report or communication sent to the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or be required to file with the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934, or with any national securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto.

  • Servicer Compliance Statement On or before March 1 of each calendar year, commencing in 2007, the Servicer shall deliver to the Owner and any Depositor a statement of compliance addressed to the Owner and such Depositor and signed by an authorized officer of the Servicer, to the effect that (i) a review of the Servicer’s activities during the immediately preceding calendar year (or applicable portion thereof) and of its performance under this Agreement and any applicable Reconstitution Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof.