Parties eligible to elect Sample Clauses

The "Parties eligible to elect" clause defines which parties to an agreement have the right to make certain choices or exercise specific options provided under the contract. In practice, this clause might specify that only one party, or both parties, can trigger a particular provision, such as extending a term, opting for early termination, or selecting a method of dispute resolution. By clearly identifying who holds these election rights, the clause ensures clarity and prevents disputes over who is authorized to make key decisions under the contract.
Parties eligible to elect. The Employer in its Adoption Agreement can limit to Employees the right to elect to make IRRs or IRTs. If the Employer does not make this election, for purposes of eligibility for an IRR, the Plan will treat a Participant's surviving spouse Beneficiary or alternate payee spouse or alternate payee former spouse as a Participant. A non-spouse Beneficiary may not make an In-Plan R▇▇▇ Rollover.
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Parties eligible to elect. The Employer in Appendix B to its Adoption Agreement may limit to Employees the right to elect to make In-Plan ▇▇▇▇ rollovers. If the Employer does not make this election, for purposes of eligibility for an In-Plan ▇▇▇▇ Rollover, the Plan Administrator will treat a Participant’s surviving spouse Beneficiary or alternate payee spouse or alternate payee former spouse as a Participant. A non-spouse Beneficiary may not make an In-Plan ▇▇▇▇ Rollover. Distribution from Fully or Partially Vested Account. In-Plan ▇▇▇▇ Rollovers are permitted only from fully Vested Accounts but may be made from partially Vested Accounts only if the Employer elects to permit In- Plan ▇▇▇▇ Rollovers from partially or fully Vested Accounts in Appendix B to its Adoption Agreement. If a distribution is made to a Participant who has not incurred a Severance from Employment and who is not fully Vested in the Participant’s Account from which the In-Plan ▇▇▇▇ Rollover Contribution is to be made, and the Participant may increase the Vested percentage in such Account, then at any relevant time Section 5.03(C) will apply to determine the Participant’s Vested portion of the Account.
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Parties eligible to elect. For purposes of eligibility for an In‑Plan ▇▇▇▇ Rollover, the Plan will treat a Participant's surviving spouse Beneficiary or alternate payee spouse or alternate payee former spouse as a Participant, unless the Employer in Appendix B limits to Employees the right to elect an In‑Plan ▇▇▇▇ Rollover. A non‑spouse Beneficiary may not make an In‑Plan ▇▇▇▇ Rollover.
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Related to Parties eligible to elect

  • Provisions Applicable to FMR Fiioc and FSC 1. For the services and facilities to be furnished hereunder, the Adviser shall receive a monthly management fee, payable monthly by each class of the Fund as soon as practicable after the last day of each month, composed of a Basic Fee and a Performance Adjustment. Except as otherwise provided in sub-paragraph (e) of this paragraph 1, the Performance Adjustment is added to or subtracted from the Basic Fee depending on whether the Fund experienced better or worse performance than an appropriate index (the “Index”). The Performance Adjustment is not cumulative. An increased fee will result even though the performance of the Fund over some period of time shorter than the performance period has been behind that of the Index, and, conversely, a reduction in the fee will be made for a month even though the performance of the Fund over some period of time shorter than the performance period has been ahead of that of the Index. The Basic Fee for a class and the Performance Adjustment will be computed as follows:

  • Certification Regarding Lobbying Applicable to Grants Subgrants, Cooperative Agreements, and Contracts Exceeding $100,000 in Federal Funds Submission of this certification is a prerequisite for making or entering into this transaction and is imposed by section 1352, Title 31, U.S. Code. This certification is a material representation of fact upon which reliance was placed when this transaction was made or entered into. Any person who fails to file the required certification shall be subject to a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. The undersigned certifies, to the best of his or her knowledge and belief, that: (1) No Federal appropriated funds have been paid or will be paid by or on behalf of the undersigned, to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of congress, or an employee of a Member of Congress in connection with the awarding of a Federal contract, the making of a Federal grant, the making of a Federal loan, the entering into a cooperative agreement, and the extension, continuation, renewal, amendment, or modification of a Federal contract, grant, loan, or cooperative agreement.

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