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Tax Rules Sample Clauses

Tax Rules. The following special allocations shall be made in the following order:
Tax Rules. If the Owner dies before the Retirement Date we must pay any benefit due to a non-spousal Beneficiary: a) in a lump sum within five years of death or b) starting within a year of death, in annuity payments payable for such Beneficiary's life expectancy or less. We further reserve the right to, and we shall, administer all Contracts which are Non-Qualified or "Qualified" contracts under applicable sections of the Internal Revenue Code of 1986, as amended, in accordance with all applicable laws and regulations in effect from time to time (all of which are hereby fully incorporated herein by reference and shall govern over any other provisions of the Contract to the contrary), or as otherwise required in our reasonable judgment to maintain such Non-Qualified or Qualified status or treatment, subject to all applicable legal and regulatory approvals. ANNUITY BENEFIT: If the Annuitant lives to the Retirement Date, we guarantee monthly annuity payments for the Annuitant's lifetime with a minimum of 10 years' payments ("Payments Certain") at the annuity purchase rate stated in the annuity option table. The amount of each payment is based on your last Account Value, subject to Charges LESS any applicable premium taxes and all other Contract terms, with 3% interest under the 2000 Individual Annuity Mortality Table. We may offer more favorable rates and other Annuity Benefits. OTHER TERMS MAXIMUM CHARGES: Charges will never exceed any legal limits in the state where the Contract is delivered. Asset-based Charges will never apply to Fixed Accounts. RIGHTS RESERVED: Subject to required approvals by federal and state authorities and to all Company administrative rules or published procedures which are lawful, nondiscriminatory and consistent with this Contract, we reserve the right to: require reasonable documentation or Company-approved forms prior to administering any transaction or benefit; waive or reduce restrictions or Charges, including fees of underlying funds; increase benefits; defer the payment of withdrawals from Fixed Accounts for up to six months; deduct (as an additional Charge) any premium tax or other tax assessed on us for the Contract; add, substitute, combine, delete, deregister or operate (as a management investment company or in any other lawful form) any Account; refuse any Premium; declare (or change) prospectively any rules regarding maximum or minimum Contributions, Account Value balances, Annuity Benefit amounts, allocations, transfers, other ...
Tax RulesNo transfer, assignment or encumbrance of Partnership Inter ests shall be made if such transfer or other event would, in the opinion of counsel for the Partnership, result in the Partnership being considered to have been terminated under the provisions of the Code. In addition, the General Partner has the right to refuse to recog nize any transfer of Partnership Interests in a secondary market or substantial equivalent thereof.
Tax RulesThe Client acknowledges and agrees that the Services will be completed based on the applicable statutes, treaties, regulations and Canadian judicial and administrative interpretation in effect as of the date of the completion and approval of Services including any proposal to amend applicable statutes, treaties or regulations prior to such date (the "Tax Rules"). Subsequent changes in the Tax Rules may render the Services invalid or incorrect. The Client acknowledges and agrees that the Company has no obligation to advise the Client of any change in the Tax Rules or the impact thereof on the Services. Any advice contained in the Services will reflect the judgment of the Company but, the Client acknowledges and agrees that the judgment of the Company is not binding on any taxation authority or court and that the results of the Services may be audited by Canadian or any other taxation authorities who may not agree with the Company’s judgment.

Related to Tax Rules

  • Holiday Rules ‌ The following rules apply to all holidays except the personal holiday: A. Employees will be paid at a straight-time rate even though they do not work. B. In addition to Subsection A above, employees will be paid for the hours actually worked on a holiday at the overtime rate, in accordance with Article 7, Overtime. C. For full-time employees with a Monday-through-Friday work schedule: 1. When a holiday falls on a Saturday, the Friday before will be the holiday. 2. When a holiday falls on a Sunday, the following Monday will be the holiday. D. For full-time employees who do not have a Monday-through-Friday work schedule: 1. When a holiday falls on the employee’s scheduled workday, that day will be considered the holiday. 2. When a holiday falls on the employee’s scheduled day off, the agency will treat the employee’s workday before or after as the holiday. 3. Upon approval, an employee may schedule an alternate day off as their holiday as long as the requested day off falls within the same pay period as the holiday or in either workweek adjacent to that pay period. E. The holiday for night shift employees whose work schedules begin on one calendar day and ends on the next will be determined by the agency. It will start either at: 1. The beginning of the scheduled night shift that begins on the calendar holiday, or 2. The beginning of the shift that precedes the calendar holiday. The decision will be the same for all employees in a facility unless there is agreement to do otherwise between the agency and one (1) or more affected employees, or with the Union, which will constitute agreement of the employees. F. Part-time employees who were employed before and after the holiday and for a period of at least twelve (12) calendar days during the month (but not including the holiday) will be compensated in cash or compensatory time for the holiday in an amount proportionate to the time in pay status during the month to that required for full-time employment. G. A full-time employee will qualify for holiday compensation if they are employed before the holiday and is in pay status: 1. For the entire work shift preceding the holiday; or 2. For at least eighty (80) non-overtime or non-standby hours during the month, not counting the holiday.

  • HIPAA Rules “HIPAA Rules” shall mean the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • Safety Rules 5.01 The safety rules of the State having jurisdiction shall be observed by the parties hereto. It is recognized that the Employer has the exclusive responsibility for providing a safe and healthful workplace. To assist the Employer in maintaining an effective and continuing safety program, a permanent Joint Safety Committee shall be established, consisting of two (2) members from the Union and two (2) members from the Employers, who shall meet at regular times to administer educational instructions, investigate serious accidents, and to draft appropriate safety rules. Such rules as adopted by this committee, shall become a part of this Agreement.

  • RULES & REGULATIONS The Exhibitor must comply with the requirements of all Authorities and where applicable with all rules and regulations issued by the owner of the Venue in force at the time of the Exhibition. The Exhibitor undertakes to comply with the obligations and duties contained or referred to in the Contract including (without limitation) those contained or to be contained in the Exhibitors’ Manual. Exemptions from any of these obligations and duties may be granted at the Organisers’ discretion. No exemption given by the Organisers will be effective unless in writing. The Contract comprises these Terms and Conditions, the Exhibition Space Contract and the Exhibitors’ Manual) except as varied in writing signed by the parties.

  • Laws, Rules and Regulations You agree to comply with all existing and future operating procedures used by the Bank for processing of transactions. You further agree to comply with, and be bound by, all applicable state or federal laws, rules, regulations, orders, guidelines, operating circulars and pronouncements, affecting checks and drafts, including, but not limited to, all rules and procedural guidelines established by the Board of Governors of the Federal Reserve and the Electronic Check Clearing House Organization ("ECCHO") and any other clearinghouse or other organization in which Bank is a member or to which rules Bank has agreed to be bound. These procedures, rules, and regulations (collectively the "Rules") and laws are incorporated herein by reference. In the event of conflict between the terms of this Agreement and the Rules, the Rules will control.

  • Export Rules You agree that the Software will not be shipped, transferred or exported into any country or used in any manner prohibited by the United States Export Administration Act or any other export laws, restrictions or regulations (collectively the "Export Laws"). In addition, if the Software is identified as an export controlled item under the Export Laws, you represent and warrant that you are not a citizen of, or located within, an embargoed or otherwise restricted nation (including without limitation Iran, Syria, Sudan, Libya, Cuba and North Korea) and that you are not otherwise prohibited under the Export Laws from receiving the Software. All rights to use the Software are granted on condition that such rights are forfeited if you fail to comply with the terms of this agreement.

  • Basic Rules A. If an employee does not present a grievance/appeal or does not appeal the decision rendered regarding his or her grievance/appeal within the time limits, the grievance/appeal shall be considered resolved. B. If a County representative does not render a decision to the employee within the time limits, the employee may within seven (7) calendar days thereafter appeal to the next step in the procedure. C. If it is the judgment of any management representative that he or she does not have the authority to resolve the grievance/appeal, he or she may refer it to the next step in the procedure. By mutual agreement of the County and OCEA, any step of the procedure may be waived. D. The Chief of Employee Relations may temporarily suspend grievance/appeal processing on a section-wide, unit-wide, division-wide, agency/department- wide or County-wide basis in an emergency situation. OCEA may appeal this decision to the Board of Supervisors. E. Upon written consent of the parties (i.e., the representatives of the County and the employee or his or her representative), the time limits at any step in the procedure may be extended. F. Every reasonable effort shall be made by the employee and the County to resolve a grievance/appeal at the lowest possible step in the grievance/appeal procedure. G. No claim shall be granted for retroactive adjustment of any grievance prior to sixty (60) calendar days from the date of filing the written grievance. H. In order to encourage xxxxx discussion and compromise in attempting to resolve grievances and other labor disputes, the County and OCEA agree that the files of the respective parties concerning such matters shall be confidential, except that this shall not restrict any access that either party might otherwise have to the other's files.

  • HOUSE RULES RESIDENT shall comply with all house rules as stated on separate addendum, but which are deemed part of this rental agreement, and a violation of any of the house rules is considered a breach of this agreement.

  • Governing Rules Any arbitration proceeding will (i) proceed in a location in California selected by the American Arbitration Association (“AAA”); (ii) be governed by the Federal Arbitration Act (Title 9 of the United States Code), notwithstanding any conflicting choice of law provision in any of the documents between the parties; and (iii) be conducted by the AAA, or such other administrator as the parties shall mutually agree upon, in accordance with the AAA’s commercial dispute resolution procedures, unless the claim or counterclaim is at least $1,000,000.00 exclusive of claimed interest, arbitration fees and costs in which case the arbitration shall be conducted in accordance with the AAA’s optional procedures for large, complex commercial disputes (the commercial dispute resolution procedures or the optional procedures for large, complex commercial disputes to be referred to herein, as applicable, as the “Rules”). If there is any inconsistency between the terms hereof and the Rules, the terms and procedures set forth herein shall control. Any party who fails or refuses to submit to arbitration following a demand by any other party shall bear all costs and expenses incurred by such other party in compelling arbitration of any dispute. Nothing contained herein shall be deemed to be a waiver by any party that is a bank of the protections afforded to it under 12 U.S.C. §91 or any similar applicable state law.

  • Rules, Regulations and Policies Employee shall abide by and comply with all of the rules, regulations, and policies of Employer, including without limitation Employer's policy of strict adherence to, and compliance with, any and all requirements of the banking, securities, and antitrust laws and regulations.