Application for Distribution Sample Clauses

Application for Distribution. Except as provided in Subsection 1.21(a) of the Adoption Agreement, a Participant (or his Beneficiary, if the Participant has died) who is entitled to a distribution hereunder must request such distribution, using procedures established by the Administrator, unless the Employer has elected in Subsection 1.20(e)(1) of the Adoption Agreement to cash out de minimus Accounts and the Participant’s vested interest in his Account does not exceed the amount subject to automatic distribution pursuant to Section 13.02.
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Application for Distribution. 52 11.07. Application of Vesting Schedule Following Partial Distribution........................................ 53
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Application for Distribution. Unless a Participant's Account is cashed out as provided in Section 13.02, a Participant (or his Beneficiary, if the Participant has died) who is entitled to a distribution hereunder must make application, in a form acceptable to the Administrator, for a distribution from his Account. No distribution shall be made hereunder without proper application therefor, except as otherwise provided in Section 13.02.
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Application for Distribution. Upon the receipt of a proper application for distribution from the distributee after the occurrence of an Event of Maturity effective as to a Participant, and after the Participant’s Vested Account has been determined and the right of the distributee to receive a distribution has been established, the Principal Sponsor shall cause the Trustee to make distribution of such Vested Account in a single lump sum as administratively practicable after the distributee requests the distribution (but in no event shall the payment commence later than the sixtieth (60th) day after the close of the Plan Year in which the distributee requests the distribution).
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Application for Distribution. The application for distribution of Public Funds shall be made in writing and shall be directed to the BTDC containing all of the information set forth in this Section 9. The application for distribution shall include a certification of the Developer that as of the date of such application, all representations and warranties contained in the Development Agreement and this Construction Agreement are true and correct, that the conditions to distribution set forth in Section 8 of this Construction Agreement have been fully satisfied, that construction to the date of the application is in full compliance with the Construction Plans approved by City pursuant to the Development Agreement and delivered to BTDC, and that Developer is otherwise in full compliance with all the provisions of the Development Agreement and this Construction Agreement. The application for distribution shall contain a certification by Developer that after distribution of the Public Funds there will be sufficient funds available to Developer to complete the Project in accordance with the Development Agreement. The Developer’s application shall be made on an AIA Form 702/703 supplemented by the information required by this Section 9. The Developer’s application shall request payment in a defined amount to the contractor or contractors listed in the application for work which constitutes a part of the Project, as shown on the Construction Plans. The application for payment shall be accompanied by invoices and partial lien waivers from each contractor included in the application for payment. Distribution of Public Funds for the Project shall be made within fifteen (15) days of receipt of the application and supporting documentation outlined herein and shall be made in accordance with this Construction Agreement. Developer shall be solely responsible for submitting a complete application for the Public Funds in accordance with the terms and conditions of this Construction Agreement. BTDC shall have no obligation to distribute Public Funds unless the conditions set forth in Section 8 above have been fully satisfied and a completed application for distribution of Public Funds has been submitted to the BTDC in accordance with this Section 9. Developer releases and forever holds BTDC harmless from and against any and all liability for withholding Public Funds in the event that the conditions set forth in Section 8 have not been fully satisfied or if the application for distribution is incomplete ...
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Application for Distribution 
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Related to Application for Distribution

  • Hardship Distribution Upon the Board of Director's determination (following petition by the Executive) that the Executive has suffered an unforeseeable financial emergency as described in Section 2.2.2, the Company shall distribute to the Executive all or a portion of the Deferral Account balance as determined by the Company, but in no event shall the distribution be greater than is necessary to relieve the financial hardship.

  • Notice of Final Distribution The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.

  • Distribution of Net Cash Flow Net Cash Flow shall be distributed among the Partners in accordance with their Partnership Percentages at such times and in such amounts as shall be determined by the General Partner.

  • Distribution of Benefit The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • In-Service Distributions [X] (1) In-service distributions may be made from any of the Participant's vested Accounts, at any time upon or after the occurrence of the following events (select all applicable): [X] (a) a Participant's attainment of age 59-1/2. [X] (b) due to hardships as defined in Section 5.9 of the Plan. [ ] (2) In-service distributions are not permitted.

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • Liquidating Distribution In the event of the dissolution of the Partnership for any reason, the Partnership assets shall be liquidated for distribution in the following rank and order:

  • Cash Available for Distribution Subject to the provisions of Sections 5.3, 5.4, 12.2(c) and 13.2, the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Partners holding GP Units, OP Units and/or Class B Units who are Partners on the applicable Partnership Record Date, in accordance with each such Partner’s respective Percentage Interest.

  • Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer. (See Section 4.04 of the Standard Terms)

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