Payment of Amounts Held By The Plan After the Death Sample Clauses

Payment of Amounts Held By The Plan After the Death. Of The Pensioner‌ In certain instances, such as, but not limited to, the failure of a Pensioner to cash a check before his death, or the failure of the Plan to adjust the amount of the Pensioner’s Pension in accordance with Sections 5.3, 5.5 or 5.10 of the Plan if the Spouse predeceased the Pensioner, the Plan will be obligated to pay amounts to the Pensioner that are not specifically covered by one of the death benefit provisions. In such event the Plan shall pay such an amount to the person who is entitled to receive under Section 3.15 the balance of the guarantee of sixty (60) monthly payments under Section 3.14. If there is no Spouse, Children, parents or Chicago Regional Council of Carpenters Welfare Fund beneficiaries surviving, the amount may be paid to the individual who provides proof to the Trustees that he or she paid the funeral expenses of the deceased Participant, or it may be paid directly to the funeral home in payment of the funeral expenses of the deceased Participant.
AutoNDA by SimpleDocs

Related to Payment of Amounts Held By The Plan After the Death

  • Deemed Termination upon delay Without prejudice to the provisions of Clauses 4.2 and 4.3, and subject to the provisions of Clause 9.2, the Parties expressly agree that in the event the Appointed Date does not occur, for any reason whatsoever, within a period of [180 (one hundred and eighty)] days from the Execution Date or the extended period provided in accordance with this Agreement, then all rights, privileges, claims and entitlements of the Concessionaire under or arising out of this Agreement shall be deemed to have been waived by, and to have ceased with the concurrence of the Concessionaire and the Agreement may be terminated by the non-defaulting Party. Provided, however, that in the event the delay in occurrence of the Appointed Date is for reasons attributable to the Concessionaire, the Performance Security or the Bid Security, as the case may be, of the Concessionaire shall be encashed and appropriated by the Authority as Damages thereof.

  • Termination upon Death This entire Agreement will terminate immediately without further action of the parties upon the death of a natural person who is a party to this Agreement, or a general partner of a partnership that is a party to this Agreement.

  • Obligation after the termination of personal data processing services

  • Termination by Participant Participant may terminate the Agreement as follows:

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Payment after Notice of Termination The Manager’s acceptance of any payment of arrears or of any other payment for the use or occupation of the Room, after delivery of a notice terminating this Agreement to the Resident, does not operate as waiver of a notice of termination, nor reinstatement of this Agreement.

  • Withdrawals upon Termination 31.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order:

  • Deemed Termination A full-time or regular part-time nurse shall lose all service and seniority and shall be deemed to have terminated if the nurse:

  • Release upon Death (1) If a Securityholder dies, the Securityholder’s escrow securities will be released from escrow. The Escrow Agent will deliver any share certificates or other evidence of the escrow securities in the possession of the Escrow Agent to the Securityholder’s legal representative.

  • Refund for Withdrawal Due to Other Reasons If the Student withdraws from the Course for any reason other than those stated in Clause 2.1, the PEI will, within seven (7) working days of receiving the Student’s written notice of withdrawal, refund to the Student an amount based on the table in Schedule D.

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