Common use of ALLOCABLE INCOME Clause in Contracts

ALLOCABLE INCOME. To determine the amount of the corrective distribution required under this Section 14.09, the Plan Administrator must calculate the allocable income for the Plan Year (but not beyond the Plan Year) in which the excess aggregate contributions arose. "Allocable income" means net income or net loss. The Plan Administrator will determine allocable income in the same manner as described in Section 14.08(F) for excess contributions.

ALLOCABLE INCOME. To determine the amount of the corrective distribution required under this Section 14.0914.08, the Plan Administrator must calculate the allocable income for the Plan Year (but not beyond the Plan Year) in which the excess aggregate contributions arose. "Allocable income" means net income or net loss. The To calculate allocable income for the Plan Year, the Plan Administrator will determine allocable use a uniform and nondiscriminatory method which reasonably reflects the manner used by the Plan Administrator to allocate income in the same manner as described in Section 14.08(F) for excess contributionsto Participants' Accounts.

ALLOCABLE INCOME. To determine the amount of the corrective distribution required under this Section 14.09, the Plan Administrator must calculate the allocable income for the Plan Year (but not beyond the Plan Year) in which the excess aggregate contributions arose. "“Allocable income" ” means net income or net loss. The Plan Administrator will determine allocable income in the same manner as described in Section 14.08(F) for excess contributions.

ALLOCABLE INCOME. To determine the amount of the corrective distribution required under this Section 14.0914.08, the Plan Administrator must calculate the allocable income for the Plan Year (but not beyond the Plan Year) in which the excess aggregate contributions arose. "“Allocable income" ” means net income or net loss. The To calculate allocable income for the Plan Year, the Plan Administrator will determine allocable use a uniform and nondiscriminatory method which reasonably reflects the manner used by the Plan Administrator to allocate income in the same manner as described in Section 14.08(F) for excess contributionsto Participants’ Accounts.

ALLOCABLE INCOME. To determine the amount of the corrective distribution required under this Section 14.0914.08, the Plan Administrator must calculate the allocable income for the Plan Year (but not beyond the Plan Year) in which the excess aggregate contributions arose. "“Allocable income" ” means net income or net loss. The To calculate allocable income for the Plan Year, the Plan Administrator will determine allocable use a uniform and nondiscriminatory method which reasonably reflects Table of Contents Defined Contribution Prototype Plan the manner used by the Plan Administrator to allocate income in the same manner as described in Section 14.08(F) for excess contributionsto Participants’ Accounts.