Common use of Source of Funds for Loan Clause in Contracts

Source of Funds for Loan. The amount of the loan will be deducted from the Member's Account in the available Investment Funds in accordance with Section 8.2 of this Article and the Plan procedures for determining the amount of payments made under Article VII. Loans shall be deemed to come (to the extent the Employer permits Members to take loans from one or more of the portions of their Accounts, as designated in the Adoption Agreement):

Appears in 6 contracts

Samples: Adoption Agreement (Bridge Street Financial Inc), Adoption Agreement (Allied First Bancorp Inc), Exhibit 10 (Atlantic Coast Federal Corp)

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Source of Funds for Loan. The amount of the loan will be deducted from the Member's =s Account in the available Investment Funds in accordance with Section 8.2 of this Article VIII and the Plan procedures for determining the amount of payments made under Article VII. Loans shall be deemed to come (to To the extent the Employer permits Members to take loans from one or more of the portions of their Accounts, as designated in the Adoption Agreement):, loans shall be deemed to be taken in the following order:

Appears in 2 contracts

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.)

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Source of Funds for Loan. The amount of the loan will be deducted from the Member's ’s Account in the available Investment Funds in accordance with Section 8.2 of this Article VIII and the Plan procedures for determining the amount of payments made under Article VII. Loans shall be deemed to come (to To the extent the Employer permits Members to take loans from one or more of the portions of their Accounts, as designated in the Adoption Agreement):, loans shall be deemed to be taken in the following order:

Appears in 1 contract

Samples: Adoption Agreement (First Savings Financial Group Inc)

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