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): . First from the Employer profit sharing contributions plus earnings thereon. . Next from the Employer qualified nonelective contributions plus earnings thereon. . Next from the Member's 401(k) deferrals plus earnings thereon. . Next from the Employer basic contributions plus earnings thereon. . Next from the Employer supplemental contributions plus earnings thereon. . Next from the Employer matching contributions plus earnings thereon. . Next from the Member's rollover contributions plus earnings thereon. . Next from the Member's after-tax contributions made after December 31,1986 plus earnings on all of the Member's after-tax contributions. . Next from the Member's after-tax contributions made prior to January 1,1987.

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): . First from the Employer profit sharing contributions plus earnings thereon. . Next from the Employer qualified nonelective contributions plus earnings thereon. . Next from the Member's 401(k) deferrals plus earnings thereon. . Next from the Employer basic contributions plus earnings thereon. . Next from the Employer supplemental contributions plus earnings thereon. . Next from the Employer matching contributions plus earnings thereon. . Next from the Member's rollover contributions plus earnings thereon. . Next from the Member's after-tax contributions made after December 31,1986 plus earnings on all of the Member's after-after- tax contributions. . Next from the Member's after-tax contributions made prior to January 1,1987.

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): . First from the Employer profit sharing contributions plus earnings thereon. . Next from the Employer qualified nonelective contributions plus earnings thereon. . Next from the Member's 401(k) deferrals plus earnings thereon. . Next from the Employer basic contributions plus earnings thereon. . Next from the Employer supplemental contributions plus earnings thereon. . Next from the Employer matching contributions plus earnings thereon. . Next from the Member's rollover contributions plus earnings thereon. . Next from the Member's after-tax contributions made after December 31,1986 31, 1986 plus earnings on all of the Member's after-tax contributions. . Next from the Member's after-tax contributions made prior to January 1,19871, 1987.