Payment of Income. The Annuitant will be paid an income, the amount of which may vary annually and which will commence not later than the last day of the second fiscal year of the Fund. After receipt of the information specified in paragraph 9, the Annuitant is to establish the amount of income to be paid during each fiscal year of the Fund at the beginning of that fiscal year and after the receipt of the information as outlined in Pension Legislation. If the Annuitant fails to establish the amount of income to be paid during each fiscal year of the Fund, the minimum amount required under the Act shall be deemed to be the amount to be paid. If the Trustee guarantees the rate of return of the Fund over a period that is greater than one year and that ends at the end of a fiscal year, the Annuitant may establish the amount of income to be paid during that period at the beginning of that period. Where the amount of income to be paid to the Annuitant is fixed at an interval of more than one year, paragraphs 11, 12, and 13 of this Addendum will apply with such modifications as the circumstances require to determine, at the date of the beginning of the first fiscal year of the Fund in the interval, the amount of income to be paid for each fiscal year in that interval.
Payment of Income. Upon receipt of Instructions, the Custodian shall pay or cause to be paid, all bills, statements, or other obligations of each Portfolio. Such Instructions shall specify (a) the amount of such payment and (b) the person or persons to whom such payment is to be made.
Payment of Income. Custodian shall credit to the Buyer’s Account any Income with respect to the Purchased Assets received by Custodian. Until such time that Custodian shall receive a Notice of Default from Buyer pursuant to Section 6, Custodian shall on each Repurchase Date credit to the Seller’s Account any such Income that has not previously been credited to the Seller’s Account.
Payment of Income. Until such time that Custodian shall receive a Notice of Default from Buyer pursuant to Paragraph 8, Custodian shall credit to Seller’s Account Income received by Custodian. After receipt of such Notice of Default from Buyer, Custodian shall credit to Buyer’s Account Income received by Custodian.
Payment of Income. Income earned, on the Capital amounts held by Canada for the use and benefit of Split Lake Cree, shall be paid to the Corporate Trustee for the Tataskweyak Trust on an annual or more frequent basis.
Payment of Income. The Annuitant will be paid an income, the amount of which may vary annually and which will commence not later than the last day of the second fiscal year of the Fund. Payment may not commence earlier than the earliest date on which the Annuitant would have been entitled to receive payment of a pension under any of the pension plans from which the money was transferred. The Annuitant is to establish the amount of income to be paid during each fiscal year of the Fund at the beginning of that fiscal year and after receipt of the information specified in the attached Schedule 4. If the Annuitant fails to establish the amount of income to be paid during each fiscal year of the Fund, the minimum amount required under the Income Tax Act shall be deemed to be amount to be paid. If the Trustee guarantees the rate of return of the Fund over a period that is greater than one year and that ends at the end of a fiscal year, the Annuitant may establish the amount of income to be paid during that period at the beginning of that period. Where the amount of income to be paid to the Annuitant is fixed at an interval of more than one year, paragraphs 10, 11, and 12 of this Addendum will apply with such modifications as the circumstances require to determine, at the date of the beginning of the first fiscal year of the Fund in the interval, the amount of income to be paid for each fiscal year in that interval.
Payment of Income. The Annuitant will be paid an income, the amount of which may vary annually and which will commence not later than the last day of the second fiscal year of the Fund. After receipt of the information specified in paragraph 9, the Annuitant is to establish the amount of income to be paid during each fiscal year of the Fund at the beginning of that fiscal year and after the receipt of the information as outlined in the applicable pension legislation. If the Annuitant fails to establish the amount of income to be paid during each fiscal year of the Fund, the minimum amount required under the Act shall be deemed to be amount to be paid. Payment must not commence before the earlier of age 55 or the earliest date on which the Annuitant could receive a pension under Pension Legislation or the originating pension plan from which money was transferred. If the Trustee guarantees the rate of return of the Fund over a period that is greater than one year and that ends at the end of a fiscal year, the Annuitant may establish the amount of income to be paid during that period at the beginning of that period. Where the amount of income to be paid to the Annuitant is fixed at an interval of more than one year, paragraphs 11 and 12 of this Addendum will apply with such modifications as the circumstances require to determine, at the date of the beginning of the first fiscal year of the Fund in the interval, the amount of income to be paid for each fiscal year in that interval.
Payment of Income. The Annuitant will be paid an income, the amount of which may vary annually and which will commence not later than the last day of the second fiscal year of the Fund. The Annuitant is to establish the amount of income to be paid during each fiscal year of the Fund at the beginning of that fiscal year and after the receipt of the information as outlined in the Pension Legislation. If the Annuitant fails to establish the amount of income to be paid during each fiscal year of the Fund, the minimum amount required to be paid under the Act shall be deemed to be the amount to be paid.
Payment of Income. Th e Annuitant will be paid an income, the amount of which may vary annually and which will commence not later than the last day of the second fiscal year of the Fund. After receipt of the information specified in paragraph 7, if any, the Annuitant will establish the amount of income to be paid during each fiscal year of the Fund at the beginning of that fiscal year and after the receipt of the information as outlined in Pension Legislation. If th e Annuitant fails to establish the am ount of income to be paid during each fiscal y ear of t he Fund, the minimum amount required under t he Act shall be deemed to be the amount to be paid. If the Trustee guarantees the rate of return of the Fu nd over a period that is greater than one y ear and that ends at the end of a fiscal year, the Annuitant may establish the amount of income to be paid during that period at the beginning of that peri od. Where t he amount of income to be paid to t he Annuitant is fixed at an i nterval of more than one year, paragraphs 9 and 10 of this Addendum will apply with such modifications as the circu mstances require to determin e, at the date of the beginning of the first fiscal year of the Fund in the interval, the amount of income to be paid for each fiscal year in that interval.
Payment of Income. Until such time that Subcustodian shall receive a Notice of Default from Buyer pursuant to Paragraph 8, Subcustodian shall credit to Seller’s Account Income received by Subcustodian. After receipt of such Notice of Default from Buyer, Subcustodian shall credit to Buyer’s Account Income received by Subcustodian. The Subcustodian will notify Custodian on the Income payable date of any Income credited to a Buyer’s Account.
