Calculation of payments to individual Class Members. Payments to each Class Member shall by calculated by the Settlement Administrator as follows, based on information provided by the Recordkeeper:
Calculation of payments to individual Class Members Sample Clauses
Related to Calculation of payments to individual Class Members
Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.
