Common use of Participant Survived By Designated Clause in Contracts

Participant Survived By Designated. Beneficiary — If the Participant dies on or after the date distributions begin and there is a Designated Beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the longer of the remaining life expectancy of the Participant or the remaining life expectancy of the Participant’s Designated Beneficiary, determined as follows:

Participant Survived By Designated. Beneficiary — - If the Participant dies on or after the date distributions begin and there is a Designated Beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance benefit by the longer of the remaining life expectancy Life Expectancy of the Participant or the remaining life expectancy Life Expectancy of the Participant’s Designated Beneficiary, determined as follows:

Participant Survived By Designated. Beneficiary — If Except as permitted by Section 401(a)(9) of the Code, if the Participant dies on or after before the date distributions begin and there is a Designated Beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the longer of the remaining life expectancy of the Participant or the remaining life expectancy Life Expectancy of the Participant’s Designated Beneficiary, determined as follows:provided in Section 7.07(a).

Participant Survived By Designated. Beneficiary — If Beneficiary. Unless the 5-year rule of section 13.02(B)(3) is elected, if the Participant dies on or after before the date distributions begin and there is a Designated Beneficiarydesignated beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s 's account balance by the longer of the remaining life expectancy of the Participant or the remaining life expectancy of the Participant’s Designated Beneficiary's designated beneficiary, determined as follows:provided in section 13.04(A).