ALLOCATION TO PARTICIPANTS' ACCOUNTS Sample Clauses

ALLOCATION TO PARTICIPANTS' ACCOUNTS. 12 Section 4.1. Company Contributions Accounts...................12 Section 4.2. Allocation of Company Contributions..............12 Section 4.3. Limitations on Annual Additions..................13 Clause (a). Basic Limitations........................13 Clause (b). Participation in Other Plans.............13 Section 4.4. Effective Date of Allocations....................14 Section 4.5. Cash Dividends...................................14 Section 4.6.
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ALLOCATION TO PARTICIPANTS' ACCOUNTS. 12 Section 4.1. Company Contributions Accounts..............12 Section 4.2.
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ALLOCATION TO PARTICIPANTS' ACCOUNTS. 5.01 Method of Allocating Contributions 5.02 Limitation on Annual Additions 5.03 Multiple Plan Reduction 5.04 Cessation of Participant Status
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ALLOCATION TO PARTICIPANTS' ACCOUNTS. 5.01. METHOD OF ALLOCATING CONTRIBUTIONS. Contributions, if any, made by an Employer, on behalf of a Participant pursuant to Section 4.01 for any Plan Year shall be allocated to the Company Contribution Account of each such Participant eligible to share in such contributions. For purposes of this Section 5.01, a Participant shall be eligible to share in contributions for a Plan Year if he has (A) completed at least 1,000 Hours of Service during such year and is employed on the last day of such year or (B) died, retired on or after his Normal Retirement Date, or suffered a Total and Permanent Disability during such year.
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ALLOCATION TO PARTICIPANTS' ACCOUNTS. 5.2 A Participant will be entitled to share in the Company Contribution for a Plan Year if he or she Select all that apply: [ ] has been a Participant at any time during the Plan Year. [x] is a Participant on the last day of the Plan Year. [x] has completed 1000 Hours of Service during the Plan Year. [x] retires or dies during the Plan Year (without regard to Hours of Service).
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ALLOCATION TO PARTICIPANTS' ACCOUNTS 
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Related to ALLOCATION TO PARTICIPANTS' ACCOUNTS

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Distributions to Participants Whenever LC Issuer has in accordance with this section received from any Lender payment of such Lender's Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's demand that such Lender make such payment of its Percentage Share), LC Issuer will distribute to such Lender its Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Profits and Losses Distributions The Member shall treat all of the profits and losses of the Company as its own. All distributions shall be made to the Member at times and in amounts determined by the Member or the Board of Managers. The Company shall not make distributions to the Member if such distribution would violate Section 18-607 of the Act.

  • Payments to Plan Participants and Their Beneficiaries (a) Company shall deliver to Trustee a schedule (the "Payment Schedule") that indicates the amounts payable in respect of each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to Trustee for determining the amounts so payable, the form in which such amount is to be paid (as provided for or available under the Plan), and the time of commencement for payment of such amounts. Except as otherwise provided herein, Trustee shall make payments to the Plan participants and their beneficiaries in accordance with such Payment Schedule. The Trustee shall make provision for the reporting and withholding of any federal, state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by Company.

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