Distribution Requests Sample Clauses

Distribution Requests. A Participant may request a Distribution from a Participant’s Account at any time on a form provided or approved by the Custodian, subject to any limitations under the Code and any further limitations under the terms of the Employer’s Plan. Those limitations include: 11.1.1 Restrictions on Withdrawals: a partial or total Distribution of the Participant’s Account will be permitted only if both (a) and (b) are satisfied: (a) The Employer’s Plan provides for (or where applicable does not prohibit) the Distribution. (b) With respect to Contributions other than Rollover Contributions into this Account, the Participant has: (i) attained age 59½; or, (ii) had a severance from employment; or (iii) a disability; or
Sample 1
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Distribution Requests. You may request a Distribution from Your Account at any time on a form provided or approved by the Custodian, subject to any limitations under the Code and any further limitations under the terms of Your Employer’s Plan. Those limitations include: 10.1.1 Restrictions on Withdrawals: a partial or total Distribution of Your Account will be permitted only if both (a) and (b) are satisfied: (a) Your Employer’s Plan does not prohibit the Distribution. (b) With respect to Contributions other than Rollover Contributions into this Account, You have: (1) attained age 59½ ; or, (2) had a severance from employment; or (3) have a disability; or (4) experienced a financial hardship, as described in section 10.1.2 of this Article.
Sample 1
Distribution Requests. You may request a Distribution from Your Account at any time on a form provided or approved by the Custodian, subject to any limitations under the Code and any further limitations under the terms of Your Employer’s Plan. Those limitations include: 10.1.1 Restrictions on Withdrawals: a partial or total Distribution of Your Account will be permitted only if both (a) and (b) are satisfied: (a) Your Employer’s Plan permits the Distribution. (b) With respect to Contributions other than Rollover Contributions into this Account, You have: (i) attained age 70½; or, (ii) had a severance from employment; or (iii) experienced an unforeseeable emergency, as described in section 10.1.2 of this Article, and the Distribution is reasonably needed to satisfy the emergency need (including any amounts that may be necessary to pay any federal, state or local income taxes or penalties reasonably anticipated to result from the Distribution); or
Sample 1
Distribution Requests. Your Employer may elect to utilize online distribution functionality from the Website. For participants requesting distributions online, an email will be sent to the Employer requesting approval of the transaction. The Employer will need to access the Plan Sponsor Website to either approve or decline the request. Once approved by the Employer, the distribution will be processed within two (2) business days.
Sample 1

Related to Distribution Requests

  • Distribution Requirements Arts 3 A course in history, philosophy, theory, or practice of the creative and interpretive arts.

  • Information Requests The parties hereto shall provide any information reasonably requested by the Servicer, the Issuer, the Seller or any of their Affiliates, in order to comply with or obtain more favorable treatment under any current or future law, rule, regulation, accounting rule or principle.

  • Payment Cancellation Requests You may cancel or edit any Scheduled Payment (including recurring payments) by following the directions within the portion of the Site through which the Service is offered. There is no charge for canceling or editing a Scheduled Payment. Once the Service has begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted.

  • Vacation Requests Regular employees become eligible for paid vacation leave once they have completed six (6) months of continuous employment. Vacations requests must be submitted by no later than January 31st to be scheduled for the vacation calendar year of April 1 - March 31. Vacation time may be divided into blocks of one to two weeks in duration. Scheduling of vacation shall be in accordance with seniority within a classification. Where an employee chooses to split their vacation, they shall exercise seniority rights in the choice of the first vacation period. Seniority shall prevail in the choice of the second vacation period but only after all other first vacation periods have been selected. Remaining vacation periods will be scheduled in a fair and equitable manner amongst employees within a classification. The approved vacation schedule will be posted at the worksite on or before February 28th in each year. Employees will be limited to booking a maximum of two (2) consecutive weeks of vacation during prime vacation period (June 15 - September 15; and December 15 - January 5), unless further consecutive weeks would not interfere with the vacation preferences of less senior employees. The Employer will make every effort to accommodate requests for vacation of more than two (2) consecutive weeks outside of prime vacation periods. Employees failing to exercise their right to request vacation within the vacation selection time posted by the Employer will forfeit their seniority rights with respect to choice of vacation time. In such cases, the Employer reserves the right to schedule vacation time for the employee. A maximum of two (2) weeks of vacation time may be carried forward from one year to another. Employees who wish to carry vacation forward should notify the Employer by January 31st. If the employee has not requested all of their vacation leave, the Employer reserves the right to schedule the remaining vacation days within the last four (4) months of the calendar year. The Employer may also pay out unused vacation credits at the end of February each calendar year.

  • Information Request The Owner Trustee shall provide any information regarding the Issuer in its possession reasonably requested by the Servicer, the Administrator, the Seller or any of their Affiliates, in order to comply with or obtain more favorable treatment under any current or future law, rule, regulation, accounting rule or principle.

  • REIT Distribution Requirements The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

  • Redemption Requests Receive for acceptance requests and directions from Institutions and Accounts for the redemption of Series shares transmitted or delivered to the office of the Administrator, note the time and date of each request when received, process such requests and directions in accordance with the redemption procedures set forth in the then current Prospectus and Statement of Additional Information ("SAI") of the Series, and deliver the appropriate documentation to the Custodian;

  • Interconnection Request This Section 3 shall not apply to any proposed modifications by Interconnection Customer to its facilities for which Interconnection Customer must make an Interconnection Request under the Tariff. In such circumstances, the Interconnection Customer and Transmission Provider shall follow the requirements of Subpart A of Part IV of the Tariff.

  • Processing Redemption Requests You shall not purchase any share of any of the Funds from a record holder at a price lower than the net asset value next determined by or for the Funds’ shares. You shall, however, be permitted to sell any shares for the account of a shareholder of the Funds at the net asset value currently quoted by or for the Funds’ shares, and may charge a fair service fee for handling the transaction provided you disclose the fee to the record owner.

  • Loan Requests To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

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