Common use of Midyear Aggregation Clause in Contracts

Midyear Aggregation. Two or more defined contribution plans that are not required to be aggregated pursuant to Code §415(f) and the Regulations thereunder as of the first day of a limitation year do not fail to satisfy the requirements of Code §415 with respect to a participant for the limitation year merely because they are aggregated later in that limitation year, provided that no annual additions are credited to the participant's account after the date on which the plans are required to be aggregated.

Midyear Aggregation. Two or more defined contribution plans that are not required to be aggregated pursuant to Code §415(f) and the Regulations thereunder as of the first day of a limitation year do not fail to satisfy the requirements of Code §415 with respect to a participant for the limitation year merely because they are aggregated later in that limitation year, provided that no annual additions are credited to the participant's ’s account after the date on which the plans are required to be aggregated.

Midyear Aggregation. Two or more defined contribution plans that are not required to be aggregated pursuant to Code §415(f) and the Regulations thereunder as of the first day of a limitation year do not fail to satisfy the requirements of Code §415 with respect to a participant for the limitation year merely because they are aggregated later in that limitation year, provided that no annual additions are credited to the participant's ’s account after the date on which the plans are required to be aggregated.

Midyear Aggregation. Two or more defined contribution plans that are not required to be aggregated pursuant to Code §Section 415(f) and the Regulations thereunder as of the first day of a limitation year do not fail to satisfy the requirements of Code §Section 415 with respect to a participant Participant for the limitation year merely because they are aggregated later in that limitation year, provided that no annual additions are credited to the participantParticipant's account after the date on which the plans are required to be aggregated.

Midyear Aggregation. Two or more defined contribution plans that are not required to be aggregated pursuant to Code §Section 415(f) and the Treasury Regulations thereunder as of the first day of a limitation year do not fail to satisfy the requirements of Code §Section 415 with respect to a participant Participant for the limitation year merely because they are aggregated later in that limitation year, provided that no annual additions are credited to the participant's Participant’s account after the date on which the plans are required to be aggregated.