Intent to Qualify Sample Clauses

Intent to Qualify. It is the intent of the IRA Owner that this Agreement shall qualify for approval under Code Section 408A if Xxxx XXX is selected on the Adoption Agreement or under Code Section 408(a) if Traditional IRA is selected on the Adoption Agreement. In no event will the custodial account established under this Agreement operate as both a Traditional IRA and a Xxxx XXX.
AutoNDA by SimpleDocs
Intent to Qualify. It is the intent of the XXX Owner that this Agreement shall qualify for approval under Code Section 408A if Xxxx XXX is selected on the Adoption Agreement or under Code Section 408(a) if Traditional XXX is selected on the Adoption Agreement. In no event will the custodial account established under this Agreement operate as both a Traditional XXX and a Xxxx XXX.
Intent to Qualify. The Trust continued hereby is designated as a part of each Participating Plan and is intended to qualify as a tax-exempt trust under Section 501(a) of the Code.
Intent to Qualify. It is the intent of the Employer that this Plan shall be for the exclusive benefit of its Employees and shall qualify for approval under Code Section 408(k). This document is intended to conform with the applicable rules and procedures of the Internal Revenue Service (IRS) that apply to prototype Simplified Employee Pension plans.
Intent to Qualify. It is the intent of the Employer that this Plan shall be for the exclusive benefit of its Employees and shall qualify for approval under Section 408(k) of the Internal Revenue Code, as amended from time to time (or corresponding provisions of any subsequent Federal law at that time in effect). In case of any ambiguity, it shall be interpreted to accomplish such result. It is further intended that it comply with the provisions of the Employee Retirement Income Security Act of 1974 (ERISA) as amended from time to time.

Related to Intent to Qualify

  • Amendment to Section 12 11. Section 12.11 of the Credit Agreement is hereby amended by amending and restating such section in its entirety to read in full as follows:

  • Amendment to Section 13 Section 13 of the Rights Agreement is hereby amended by adding the following sentence at the end thereof: “Notwithstanding anything in this Agreement to the contrary, (i) the execution and delivery of the Merger Agreement, (ii) the execution and delivery of the Tender and Support Agreement, (iii) the consummation of the Offer, (iv) the consummation of the Merger, and (v) the consummation of the other transactions contemplated in the Merger Agreement shall not be deemed to be a Section 13 Event and shall not cause the Rights to be adjusted or exercisable in accordance with, or any other action to be taken or obligation to arise pursuant to, this Section 13.”

  • Amendment to Section 4 07. Section 4.07 of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 1.01 Section 1.01 of the Credit Agreement shall be amended as follows: (a) The following definitions shall be added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order:

  • Amendment to Section 6 12. Section 6.12 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

  • Amendment to Section 10 10. Subsection 10.10(f) of the Credit Agreement is amended and restated in its entirety to read as follows:

  • Amendment to Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate alphabetical order therein:

  • Amendment to Section 3 4. Section 3.4 of the Note is amended to read in its entirety as follows:

  • Amendment to Section 2 1(a). Section 2.1(a) of the Existing Credit Agreement is amended to read in its entirety as follows:

  • Amendment to Section 8 6(c). Section 8.6(c) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!