Favorable Letter. The term "Favorable Letter" means, in the case of a Qualified Plan, a current favorable determination letter for an individually designed plan (including a volume submitter plan that is not identical to an approved volume submitter plan), a current favorable opinion letter for a Plan Sponsor that has adopted a master or prototype plan, (standardized or nonstandardized), or a current favorable advisory letter and certification that the Plan Sponsor has adopted a plan that is identical to an approved volume submitter plan. A plan has a current favorable determination letter, opinion letter, or advisory letter if (a), (b), (c), or (d) below is satisfied:
Appears in 8 contracts
Samples: Revenue Procedure, Revenue Procedure, Closing Agreements
Favorable Letter. The term "Favorable Letter" means, in the case of a Qualified Plan, a current favorable determination letter for an individually designed plan (including a volume submitter plan that is not identical to an approved volume submitter plan), a current favorable opinion letter for a Plan Sponsor that has adopted a master or prototype plan, (standardized or nonstandardized), or a current favorable advisory letter and certification that the Plan Sponsor has adopted a plan that is identical to an approved volume submitter plan. A plan has a current favorable determination letter, opinion letter, or advisory letter if (a), (b), (c), (d), (e), (f), (g), or (dh) below is satisfied:
Appears in 6 contracts
Samples: Revenue Procedure, Revenue Procedure, Revenue Procedure
Favorable Letter. The term "Favorable Letter" means, in the case of a Qualified Plan, means a current favorable determination letter for an individually designed plan (including a volume submitter plan that is not identical to an approved volume submitter plan), a current favorable opinion letter for a Plan Sponsor that has adopted a master or prototype plan, (standardized or nonstandardized), or a current favorable advisory notification letter and certification that the for a Plan Sponsor that has adopted a plan that is identical to an approved volume submitter regional prototype plan. A plan has a current favorable determination letter, opinion letter, or advisory notification letter if either (a), (b), or (c), or (d) below is satisfied:
Appears in 2 contracts
Samples: Employee Plans Compliance Resolution System, Rev. Proc. 2000 16
Favorable Letter. The term "Favorable Letter" means, in the case of a Qualified Plan, a current favorable determination letter for an individually designed plan (including a volume submitter plan that is not identical to an approved volume submitter plan), a current favorable opinion letter for a Plan Sponsor that has adopted a master or prototype plan, (standardized or nonstandardized), or a current favorable advisory notification letter and certification that the for a Plan Sponsor that has adopted a plan that is identical to an approved volume submitter regional prototype plan. A plan has a current favorable determination letter, opinion letter, or advisory notification letter if either (a), (b), (c), or (d) below is satisfied:
Appears in 2 contracts
Samples: Revenue Procedure, Revenue Procedure