Participant Loans Permitted. Loans to Participants and Beneficiaries are permitted pursuant to the terms and conditions set forth in this Section, except that a loan shall not be permitted to a Participant who is no longer an Employee or to a Beneficiary, unless such Participant or Beneficiary is otherwise a party in interest (as defined in ERISA section 3(14)).
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Samples: Savings Plan and Trust Agreement (Riviana Foods Inc /De/), 401(k) Savings Plan and Trust Agreement (Advo Inc)
Participant Loans Permitted. Loans to Participants and Beneficiaries are permitted pursuant to the terms and conditions set forth in this Section, except that a loan shall not be permitted to a Participant who is no longer an Employee or to a BeneficiaryBeneficiary or an Alternate Payee, unless such Participant Participant, Beneficiary or Beneficiary Alternate Payee is otherwise a party in interest (as defined in ERISA section 3(14)).
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Samples: Salaried Savings Plan and Trust Agreement (Longview Fibre Co)
Participant Loans Permitted. Loans to Participants and Beneficiaries are permitted pursuant to the terms and conditions set forth in this Section, except that a loan shall not be permitted to a Participant who is no longer an Employee Associate or to a Beneficiary, unless such Participant or Beneficiary is otherwise a party in interest (as defined in ERISA section 3(14)).
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Participant Loans Permitted. Loans to Participants and Beneficiaries are permitted pursuant to the terms and conditions set forth in this Section, except that a loan shall not be permitted to a Participant who is no longer an Employee or to a Beneficiary, unless such Participant or on Beneficiary is otherwise a party in interest (as defined in ERISA section 3(14)).
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