REQUIRED DISTRIBUTION DATE Sample Clauses

REQUIRED DISTRIBUTION DATE. Distributions are required to commence to the Participant as of his Required Distribution Date. A Participant's Required Distribution Date is the April 1 of the calendar following the one in which the Participant attains age 70 1/2.
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REQUIRED DISTRIBUTION DATE. Distributions are required to commence to the Participant as of his Required Distribution Date. A Participant's Distribution Date is defined below:
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REQUIRED DISTRIBUTION DATE. The Participant's entire interest in the Plan will be distributed, or begin to be distributed, to the Participant no later than the Participant's Required Distribution Date.
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REQUIRED DISTRIBUTION DATE. April 1 of the calendar year next following the calendar year in which the Owner attains age 70 1/2. The prior sentence is intended only to comply with certain distribution requirements imposed by the Code and Internal Revenue Service regulations and if those requirements are amended or repealed, this Contract shall be deemed amended consistent with such amendment or repeal, and shall be administered in accordance with such amended or repealed Code and Internal Revenue Service regulation requirements without the need to issue an amendment to this Contract. SEP IRA A simplified employee pension arrangement described in Section 408(k) of the Code.
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REQUIRED DISTRIBUTION DATE. Generally, the first day of April of the calendar year after you reach age 70 1/2, or retire, whichever is later. However, for Contract Value as of December 31, 1986, the Required Distribution Date is the last day of the calendar year in which you attain age 75 or retire, whichever is later.
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REQUIRED DISTRIBUTION DATE. April 1 of the calendar year next following the calendar year in which the Owner attains age 70 1/2. The prior sentence is intended only to comply with certain distribution requirements imposed by the Code and Internal Revenue Service regulations and if those requirements are amended or repealed, this Contract shall be deemed amended consistent with such amendment or repeal, and shall be administered in accordance with such amended or repealed Code and Internal Revenue Service regulation requirements without the need to issue an amendment to this Contract. Separate Account A separate account of the Company established and maintained under the laws of the State of New York, to which a portion of the Company’s assets in connection with this Contract and certain other contracts may be allocated. SIMPLE IRA A savings incentive match plan for employees arrangement described in Section 408(p) of the Code. Surviving Spouse The legal spouse of the Owner at the time of the Owner’s death. Underlying Investment Company A management investment company registered under the Investment Company Act of 1940 that has at least one fund or portfolio in which the Separate Account invests. United States Bank A bank or trust company that:
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REQUIRED DISTRIBUTION DATE. Distribution to any Participant (whether employed by an Employer, retired or otherwise terminated) must be made no later than April 1 following the calendar year in which he reaches age 70-1/2 in accordance with the minimum distribution rules of Section 401(a)(9) of the Code and the regulations promulgated thereunder; provided, however, that in the case of a Participant who attained age 70-1/2 prior to January 1, 1988, distribution may be delayed until April 1 following the calendar year in which he retires if such Participant is not a 5% owner.
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Related to REQUIRED DISTRIBUTION DATE

  • Preferred Distributions For any period and without duplication, all Distributions paid, declared but not yet paid or otherwise due and payable during such period on Preferred Securities issued by the Borrower or any of its Subsidiaries or REIT. Preferred Distributions shall not include dividends or distributions: (a) paid or payable solely in Equity Interests of identical class payable to holders of such class of Equity Interests; (b) paid or payable to the Borrower or any of its Subsidiaries; or (c) constituting or resulting in the redemption of Preferred Securities, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

  • Distribution Date 13 DTC...........................................................................................13

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.

  • Restricted Distributions Notwithstanding any provision to the contrary contained in this Agreement, neither the Partnership nor the General Partner, on behalf of the Partnership, shall make a distribution to any Holder if such distribution would violate the Act or other applicable law.

  • Permitted Distributions (a) Maximum

  • Suspended Distributions Each Person participating in a registration hereunder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(a)(vi), such Person will immediately discontinue the disposition of its Registrable Securities pursuant to the registration statement until such Person’s receipt of the copies of a supplemented or amended prospectus as contemplated by Section 4(a)(vi), subject to the Company’s compliance with its obligations under Section 4(a)(vi).

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Distribution Limitation Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited Partner to the extent necessary to avoid violations of the “2%/25% Guidelines” as described in the Advisory Agreement.

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