Distributions and Withdrawals Sample Clauses

Distributions and Withdrawals. (i) Any distribution will be taken on a pro rata basis from the Participant’s Pre-Tax Deferral Account and Xxxx Deferral Account. 🞎 (ii) Any distribution will be taken first from the Participant’s Xxxx Deferral Account and then from the Participant’s Pre-Tax Deferral Account.

Distributions and Withdrawals. No Partner shall be entitled to make withdrawals from the Partnership except to the extent of distributions made pursuant to the express provisions of this Agreement. Distributions may be made in cash or in property, or partly in each, but no Partner shall have the right to require that a distribution be made other than in immediately available funds.

Distributions and Withdrawals. Subject to applicable laws and regulations and upon the direction of the Employer or Participant, as the case may be, State Street shall in accordance with the terms, as applicable, of the ABA Members Plans, Individually Designed Plans that are Individual Recordkeeping Plans and the Trusts, distribute the account balance or accrued benefit of each Participant. State Street shall make available to each Participant such arrangements as are necessary for the payment of benefits in accordance with applicable law and with the terms, as applicable, of the ABA Members Plans, Individually Designed Plans that are Individual Recordkeeping Plans, and the Trusts. In the case of an Individually Designed Plan that is an Aggregate Recordkeeping Plan, State Street shall make all payments to the trustee of such Plan. In accordance with the applicable Service Standards, State Street shall, subject to Section 11.01, provide each Investor under an Individual Recordkeeping Plan with a written confirmation of each distribution and any withdrawal from the assets for which such Investor is responsible.

Distributions and Withdrawals. The Employer is responsible for obtaining the ----------------------------- required completed Plan withdrawal documentation from the Participant and the spouse, if applicable, for any benefits payable under the Plan. The Employer must provide the Participant, beneficiary and spouse, if 5. <PAGE> applicable, with any required statutory and regulatory notice(s) and waiver(s). The Employer is responsible for the safekeeping of the Plan withdrawal documentation. Withdrawals for terminated Participants should not be requested until all Employer contributions have been sent to the Trustee and deposited into affected Participants accounts. The Employer or Administrator may provide Fidelity with accurate and complete data by either electronic data transmission or diskette generated by the Fidelity Workbench Software ("Software") when any Participant is entitled to receive benefits under the Plan. The Trustee agrees to process Participant withdrawals on any business day, Monday through Friday during any month subject to the following: . No withdrawals will be processed, except for loans, from December 15 through January 1. . The Administrator may not use the Software to make Participant distributions that are due to the Plan's failure of any required Internal Revenue Code test, that are to an alternate payee under a qualified domestic relations order, that are installment distributions, that are minimum required distributions, or that are to a beneficiary due to a Participant's death. . The Software may not be used if the Employer's Plan uses more than one vesting schedule to compute a Participant's vested percentage in his/her Employer contribution account. A Participant's vested percentage on Fidelity's Participant Recordkeeping System will be used to compute distributions unless the Employer provides the Trustee with a separate written direction prior to the distribution processing date indicating the Participant's vested percentage. (Note: Although a Participant's vested percentage line appears on certain Software withdrawal forms, it does not have any operational impact within the system. Therefore, any adjustment to a Participant's vested percentage must be made by the Employer prior to the submission of the data to Fidelity.) . The Trustee will provide the Employer with the Software and the corresponding instructions for installation and use. The Software is proprietary information of the Trustee and the Employer may not sell, distribute, copy or use it for...

Distributions and Withdrawals. The Employer is responsible for obtaining the ----------------------------- required completed Plan withdrawal documentation from the Participant and the spouse, if applicable, for any benefits payable under the Plan. The Employer must provide the Participant, beneficiary and spouse, if

Distributions and Withdrawals. A. The permissible forms of distribution under the Plan shall be those included in Plan Section 7.08(a)(1)-(3). The joint and survivor annuity provisions set forth in Appendix A of the basic plan document shall apply. Therefore spousal consent will be required for any distribution, loan or withdrawal under the Plan. B. Financial Hardship 1. A Participant may request a withdrawal from his Salary Deferral Account for purposes of Financial Hardship. The amount of the withdrawal will be limited in accordance with Plan Section 7.11(f). The permissible reasons for obtaining a Financial Hardship Withdrawal are limited to those permitted under Plan Section 7.11(b). The determination of resources readily available shall be based on the provisions described in Plan Section 7.11(e). C. Inservice Withdrawals 1. A Participant may withdraw all or a portion of his Rollover Account at any time. 2. A Participant may withdraw all or a portion of his Nondeductible Employee Account at any time. 3. Upon attainment of age 591/2, a Participant may withdraw 100% of his vested Account balances under the Plan.

Distributions and Withdrawals. 9.1 Subject to: (i) clause 9.2; (ii) making or holding adequate reserves for any existing, anticipated or contingent liabilities, costs and expenses of the Partnership and the return of Capital Contributions pursuant to clause 9.2, and (iii) the provisions of the Law, any amounts available for distribution shall be distributed by the General Partner as follows: 9.1.1 up to the transfer of iQ Midco’s Limited Partner Interest to Scape Holdco pursuant to the exercise of the Call Option (or, as the case may be, Put Option): subject to the requirements of applicable law, the Partnership shall make distributions to the Limited Partners pro rata in accordance with each Limited Partner's Equity Ownership Percentage on the relevant distribution date; and 9.1.2 following the transfer of iQ Midco’s Limited Partner Interest to Scape Holdco pursuant to the exercise of the Call Option (or, as the case may be, Put Option): subject to the requirements of applicable law, the Partnership shall make distributions to the General Partner. 9.2 Any payment or distribution of assets representing the return of all or part of any Capital Contributions shall be made: 9.2.1 to the General Partner in respect of the General Partner’s Capital Contribution; and 9.2.2 to the Limited Partners in respect of the Limited Partners’ Capital Contributions, pro rata in accordance with each Limited Partner's Equity Ownership Percentage on the relevant date of payment or distribution. 9.3 No Limited Partner shall have the right to demand any payment or distribution of assets representing the return of all or part of its Capital Contributions until the Partnership shall have been terminated in accordance with this Agreement, provided that following the transfer of iQ Midco’s Limited Partner Interest to Scape Holdco pursuant to the exercise of the Call Option (or, as the case may be, Put Option) any Limited Partner from time to time may (subject to the provisions of the Law and each Limited Partner maintaining a Capital Contribution of at least £0.01) make such a demand, in which case the General Partner shall make a distribution in accordance with clause 9.2.2.

Distributions and Withdrawals. (a) The Manager shall determine from time to time whether to make any distributions (other than withdrawals by a Member under Section 9.03(b)) to the Members prior to the liquidation of the Company. No Member shall be able to demand or receive property other than cash, except in the Manager’s discretion. The Manager is authorized to withhold from any distribution, or with respect to allocations, and to pay over to any applicable federal, state or local government, any amounts required to be withheld pursuant to applicable law and shall allocate such amounts to those Members with respect to which such amounts were withheld as if such amounts were distributed to those Members. (b) A Member may withdraw all or any portion of its Capital Account (but not below zero) upon notice to the Manager. Any such withdrawals are deemed to be made at the close of business on the day of such withdrawal.

Distributions and Withdrawals. Sample Document □ (1) Any distribution will be taken on a pro rata basis from the Participant’s Pre-Tax Deferral Account and Xxxx Deferral Account. □ (2) Any distribution will be taken first from the Participant’s Xxxx Deferral Account and then from the Participant’s Pre-Tax Deferral Account. □ (3) Any distribution will be taken first from the Participant’s Pre-Tax Deferral Account and then from the Participant’s Xxxx Deferral Account.

Distributions and Withdrawals. Benefits payable on or after the Transfer Date to or on account of any Transferred Participant who, prior to the Transfer Date, was receiving installment payments or making periodic withdrawals shall continue to be paid in the same manner under the Plan. A Transferred Participant may receive a distribution or request a withdrawal of his Transfer Account in accordance with Section 7 of Supplement C and with uniform rules and procedures established by the Plan Administrator. A Transferred Participant may borrow against his Transfer Account, in accordance with the provisions of subsection 7.5 of the Plan. Upon Termination of Employment or death of a Transferred Participant, the balance of his Transfer Account shall be paid in the manner and at such time as determined in accordance with the provisions of Section 7 of Supplement C, except as provided below. Any earnings or other property received by the trustee with respect to Company Shares theretofore distributed also shall be paid or distributed in the form received to the distributee of such shares, or his beneficiary.