Common use of Time of Consent Clause in Contracts

Time of Consent. A Participant’s consent to a distribution must not be made before he receives the written explanation under (2) above and must not be made more than 180 days before benefit payments commence. This Section 8.5(b) shall be deemed to have been satisfied with respect to any setoff of a Participant loan against the Participant’s Account if the Participant agreed to use his Account as security for the loan.

Time of Consent. A Participant’s 's consent to a distribution must not be made before he receives the written explanation under (2) above and must not be made more than 180 90 days before benefit payments commencecommence (or, in the discretion of the Administrator, the annuity starting date). This Section 8.5(b7.6(c) shall be deemed to have been satisfied with respect to any setoff of a Participant loan against the Participant’s 's Account if the Participant agreed to use his Account as security for the loan.

Time of Consent. A Participant’s consent to a distribution must not be made before he receives the written explanation under (2) above and must not be made more than 180 90 days before benefit payments commence. This Section 8.5(b) shall be deemed to have been satisfied with respect to any setoff of a Participant loan against the Participant’s Account if the Participant agreed to use his Account as security for the loan.