ELIGIBILITY REQUIREMENTS FOR PARTICIPATION Sample Clauses

ELIGIBILITY REQUIREMENTS FOR PARTICIPATION. Eligibility requirements for each component plan under this Section 125 document will be applicable and, if different, will be listed in Item F.
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ELIGIBILITY REQUIREMENTS FOR PARTICIPATION. Must have a minimum of 20 years and a maximum of 30 years of regular full-time service as defined in 8.5.4 below in the District prior to early retirement or resignation through the program described in Article 8.2.
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ELIGIBILITY REQUIREMENTS FOR PARTICIPATION. If the Employer wishes to cover any Full-time Non- Bargained Employee, the Employer must cover all of its Full-time Non-Bargained Employees under the Plan who are not covered by a collective bargaining agreement. Full-time Non-Bargained Employees are not permitted to decline participation under this Plan unless they are covered by a subscriber agreement with another multi- employer plan affiliated with the Union or the International Union of Painters and Allied Trades. The Employer must review and complete Exhibit B upon entering into this Agreement.
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ELIGIBILITY REQUIREMENTS FOR PARTICIPATION. 1. The employee shall, at the time of application for participation in said Retirement Benefit, be serving in a regular full-time contractual position as a member of the bargaining unit. 2. The employee shall have at least fifteen (15) years of service with the Revere Local School District at the time of retirement under the terms of this Benefit. The employee's last school year prior to retirement will be called “the retirement year.” Effective August 1, 2007, the employee must complete his/her contract year through May. 3. The employee shall be eligible on or before August 31 of the retirement year for retirement by age and/or service under the STRS . 4. The employee shall submit, by April 1 of the retirement year, a written statement to the Superintendent announcing his/her intent to retire no later than September 1 of the retirement year. The statement shall include the effective date of retirement and shall serve as the employee’s resignation effective on the date of retirement. 5. First year eligible shall be: Full Benefits (consistent with STRS Regulations): 7/1 2015 Any age & 30 years; or age 65 & 5 years 8/1/2015 – 7/1/2017 Any age & 31 years; or age 65 & 5 years 8/1/2017 – 7/1/2019 Any age & 32 years; or age 65 & 5 years 8/1/2019 – 7/1/2021 Any age & 33 years; or age 65 & 5 years 8/1/2021 – 7/1/2023 Any age & 34 years; or age 65 & 5 years 8/1/2023 – 7/1/2026 Any age & 35 years; or age 65 & 5 years 8/1/2026 Age 60 & 35 years; or age 65 & 5 years Reduced Benefits (Consistent with STRS Regulations): 7/1/2015 Age 55 & 25 years; or age 60 & 5 years 8/1/2015 – 7/1/2017 Any age & 30 years; or age 55 & 26 years; or age 60 & 5 years 8/1/2017 – 7/1/2019 Any age & 30 years; or age 55 & 27 years; or age 60 & 5 years 8/1/2019 – 7/1/2021 Any age & 30 years; or age 55 & 28 years; or age 60 & 5 years 8/1/2021 – 7/1/2023 Any age & 30 years; or age 55 & 29 years; or age 60 & 5 years 8/1/2023 Any age & 30 years; or age 60 & 5 years
Sample 1
ELIGIBILITY REQUIREMENTS FOR PARTICIPATION. Eligibility requirements for each Benefit Option offered under this Plan will be defined by the terms of the plan documents governing each Benefit Option and are described in the Summary Plan Description (SPD). This Plan is the plan document for the Health Flexible Spending Accounts and Dependent Day Care Flexible Spending Accounts; eligibility for the Flexible Spending Accounts is described in Items F(6) and (7).
Sample 1

Related to ELIGIBILITY REQUIREMENTS FOR PARTICIPATION

  • Eligibility Requirements The Trustee hereunder shall at all times (i) be a corporation or association having its principal office in a state and city acceptable to the Seller, organized and doing business under the laws of such state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, or shall be a member of a bank holding system, the aggregate combined capital and surplus of which is at least $50,000,000, provided that its separate capital and surplus shall at all times be at least the amount specified in Section 310(a)(2) of the Trust Indenture Act of 1939, (ii) be subject to supervision or examination by federal or state authority and (iii) have a credit rating or be otherwise acceptable to the Rating Agencies such that neither of the Rating Agencies would reduce their respective then current ratings of the Certificates (or have provided such security from time to time as is sufficient to avoid such reduction) as evidenced in writing by each Rating Agency. If such corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation or association shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.08.

  • Eligibility Requirements for Trustee The Trustee hereunder shall at all times be a corporation or a national banking association having its principal office in a state and city acceptable to the Company and organized and doing business under the laws of such state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. If such corporation or national banking association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07.

  • Eligibility Requirements for Owner Trustee The Owner Trustee shall at all times be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Statute; authorized to exercise corporate trust powers; having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authorities; and having (or having a parent that has) a rating of at least Baa3 by Moody's or is otherwise acceptable to the Rating Agencies. If such corporation shall publish reports of condition at least annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 9.01, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 9.02.

  • Eligibility Requirements for Trustees The Trustee hereunder shall at all times be (i) an institution insured by the FDIC, (ii) a Corporation organized and doing business under the laws of the United States of America or of any state, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by federal or state authority and (iii) acceptable to the Rating Agencies. If such Corporation publishes reports of condition at least annually, pursuant to law or to the requirements of any aforementioned supervising or examining authority, then for the purposes of this Section 8.06, the combined capital and surplus of such Corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. The Delaware Trustee hereunder shall at all times have its principal place of business in the State of Delaware and shall satisfy the applicable requirements under the laws of the State of Delaware authorizing it to act as the Delaware trustee of the Trust. In case at any time the Trustee or the Delaware Trustee shall cease to be eligible in accordance with the provisions of this Section 8.06, such trustee shall resign immediately in the manner and with the effect specified in Section 8.07.

  • Eligibility Requirements for the Trustee The Trustee hereunder shall at all times be a corporation or association organized and doing business under the laws of a state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, subject to supervision or examination by federal or state authority and with a credit rating which would not cause either of the Rating Agencies to reduce their respective then current ratings of the Certificates (or having provided such security from time to time as is sufficient to avoid such reduction) as evidenced in writing by each Rating Agency. If such corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 8.06 the combined capital and surplus of such corporation or association shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with this Section 8.06, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07. The entity serving as Trustee may have normal banking and trust relationships with the Depositor and its affiliates or the Master Servicer and its affiliates; provided, however, that such entity cannot be an affiliate of the Seller, the Depositor or the Master Servicer other than the Trustee in its role as successor to the Master Servicer.

  • Eligibility Requirements for Asset Representations Reviewer The Asset Representations Reviewer must be a Person who (a) is not Affiliated with the Sponsor, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (b) was not, and is not Affiliated with a Person that was, engaged by the Sponsor or any Underwriter to perform any due diligence on the Receivables prior to the Closing Date.

  • Eligibility Requirements for the Owner Trustee The Owner Trustee shall at all times be a bank (i) authorized to exercise corporate trust powers, (ii) having a combined capital and surplus of at least $50,000,000 and (iii) subject to supervision or examination by Federal or state authorities. If such bank shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. The Owner Trustee shall at all times be an institution satisfying the provisions of Section 3807(a) of the Statutory Trust Statute. In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 10.2.

  • Eligibility and Participation An individual is deemed an “Eligible Employee” and, therefore, eligible to participate in the Plan if he or she is a member of the Company’s Management Team at the time of such individual’s termination of employment with the Company, and such employment terminates due to an event which constitutes a Qualifying Termination.

  • SMALL BUSINESS PARTICIPATION AND DVBE PARTICIPATION REPORTING REQUIREMENTS a. If for this Contract Contractor made a commitment to achieve small business participation, then Contractor must within 60 days of receiving final payment under this Contract (or within such other time period as may be specified elsewhere in this Contract) report to the awarding department the actual percentage of small business participation that was achieved. (Govt. Code § 14841.) b. If for this Contract Contractor made a commitment to achieve disabled veteran business enterprise (DVBE) participation, then Contractor must within 60 days of receiving final payment under this Contract (or within such other time period as may be specified elsewhere in this Contract) certify in a report to the awarding department: (1) the total amount the prime Contractor received under the Contract; (2) the name and address of the DVBE(s) that participated in the performance of the Contract; (3) the amount each DVBE received from the prime Contractor; (4) that all payments under the Contract have been made to the DVBE; and (5) the actual percentage of DVBE participation that was achieved. A person or entity that knowingly provides false information shall be subject to a civil penalty for each violation. (Mil. & Vets. Code § 999.5(d); Govt. Code § 14841.)

  • Eligibility Requirements for Trust Administrator The Trust Administrator hereunder shall at all times be a corporation or association organized and doing business under the laws the United States of America or any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, subject to supervision or examination by federal or state authority and with a credit rating of at least investment grade. If such corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 9.06 the combined capital and surplus of such corporation or association shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trust Administrator shall cease to be eligible in accordance with the provisions of this Section 9.06, the Trust Administrator shall resign immediately in the manner and with the effect specified in Section 9.07 hereof. The entity serving as Trust Administrator may have normal banking and trust relationships with the Depositor and its affiliates or the Trustee and its affiliates.

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