Employer Withdrawal Sample Clauses

Employer Withdrawal. ‌ Withdrawal from the Pension Plan by an Employer is permitted only if:
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Employer Withdrawal. A Participating Employer can withdraw from the Plan in respect of all or certain of the Members it employs, if:
Employer Withdrawal. If a Participating Employer withdraws from the Plan in accordance with Subsection 3.03 in respect of all or certain of its employees who are Members, the relevant Members shall concurrently and automatically cease to be eligible for benefits from the Core LTD Program and the Other LTD Benefits Program, provided that such withdrawal shall not prejudice any rights accrued to that date under the Core LTD Program or the Other LTD Benefits Program by the relevant Members.
Employer Withdrawal. The Employer may withdraw the Plan from under this Prototype Plan by dissenting to an amendment to the Prototype Plan as provided in Section 11.1(a) or by delivering written notice of discontinuance of participation under the Prototype Plan to the Trustee. In either case, the rules and procedures of the Internal Revenue Service governing "individually-designed retirement plans" will thereafter be applicable to the Employer's Plan. A withdrawal from the Prototype Plan by the Employer shall not of itself constitute a termination of the Plan. Upon such withdrawal, the Employer shall succeed to Alliance's power as described in Section 11.1 to amend the Plan. Also, if the Employer's Plan fails at any time to meet the requirements for status as a Qualified Plan, the Plan will be considered withdrawn from the Prototype Plan and will be considered an "individually-designed retirement plan".
Employer Withdrawal. Withdrawal from the Pension Plan by an Employer is only permitted if terms and conditions for withdrawal are established by the Board, and those terms and conditions are followed by the Employer wishing to withdraw. – AMENDMENT AND TERMINATION OF JOINT TRUST AGREEMENT

Related to Employer Withdrawal

  • Voluntary Withdrawal If any Partner should withdraw from the Partnership, they must give at least days’ written notice to the Partnership. Such withdrawal shall have no effect on the day-to-day operations of the Partnership.

  • Demand Withdrawal A Holder may withdraw its Registrable Securities from a Demand Registration at any time prior to the effective time of the Registration Statement covering the applicable Demand Registration by giving written notice of such withdraw prior to the effective time of such Registration Statement. If all Holders withdraw their Registrable Securities from a Demand Registration, the Company shall cease all efforts to secure registration. The Company shall not withdraw a Registration Statement relating to a Demand Registration without the written consent of the Initiating Holders, unless required to do so by law, regulation or upon the request of the SEC.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Interest and Withdrawal No interest shall be paid by the Partnership on Capital Contributions. No Partner shall be entitled to the withdrawal or return of its Capital Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or upon termination of the Partnership may be considered as such by law and then only to the extent provided for in this Agreement. Except to the extent expressly provided in this Agreement, no Partner shall have priority over any other Partner either as to the return of Capital Contributions or as to profits, losses or distributions. Any such return shall be a compromise to which all Partners agree within the meaning of Section 17-502(b) of the Delaware Act.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

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