Cash or In Kind. The Plan Administrator may permit an In‑Plan Xxxx Rollover Contribution either by converting to cash any non‑cash investments prior to rolling over the Participant's distribution election amount to the In‑Plan Xxxx Rollover Account, or by rolling over the Participant's current investments to the In‑Plan Xxxx Rollover Account. A plan loan so transferred without changing the repayment schedule is not treated as a new loan.
Cash or In Kind. The Executive Committee shall have the --------------- authority to pay distributions in cash or in kind with Partnership property. In the case of a distribution in kind, the value of each item of property shall be distributed to the Partners, to the extent practicable, in the priority of Section 5.1.2.
Cash or In Kind. All Dividends shall be paid in cash; provided that if and to the extent that the payment of any Dividend in cash is prohibited by the terms of any Senior Stock or Parity Stock or any binding agreement or instrument to which the Corporation is a party or subject, such Dividend shall be paid in such combination of cash and additional shares of the Class A (with each whole such share being valued at $1,000 and fractional shares the corresponding fraction thereof) ("PIK SHARES"), or entirely in PIK shares, to the extent necessary to avoid a violation of such terms. Dividends paid by the issuance of PIK shares shall be deemed to have been paid for all purposes hereunder (except as otherwise provided in Section 6), and for all purposes hereunder such PIK Shares shall be deemed to have been issued and to be outstanding on (and shall have a Deemed Issue Date of) the relevant Dividend Payment Date. Only the aggregate par value of any PIK Shares shall be determined to be capital of the Corporation for purposes of the General Corporation Law of the State of Delaware (including Section 154 thereof).
Cash or In Kind. The Plan Administrator will effect an In-Plan Xxxx Rollover Contribution by rolling over the Participant’s current investments in cash or in kind to the In-Plan Xxxx Rollover Account, subject to the Vendor’s operational capabilities. The Employer in Appendix B to its Adoption Agreement must elect to permit loans to be rolled over in an In-Plan Xxxx Rollover. Absent such as election, loans cannot be so transferred. If the Employer elects in Appendix B to its Adoption Agreement to permit Plan loans to be rolled over as part of an In- Plan Xxxx Rollover Contribution, a Plan loan so rolled over without changing the repayment schedule is not treated as a new loan.
