Timing for Appropriation Deferral Election Sample Clauses

Timing for Appropriation Deferral Election. A TA Signatory may only make an Appropriation Deferral Election at the time when the Company notifies the TA Signatory of its first interim Asset Allocation in respect of that Asset Allocation. The timing for making an Appropriation Deferral Election and paying the Deferral Cash Amount is illustrated in diagram 3 below. Diagram 3 – Timing for Appropriation Deferral Election 5 Business Days 25 Business Days 10 Business Days 10 Business Days First Allocation for that Asset Pool Distribution Value Date Delivery Instruction Date Appropriation and Distribution are determined by the Company Latest date on which Distribution and Appropriation Notice will be given Deferral Election Deadline The latest date on which the TA Signatory must give notice to the Company if it wishes to make an Appropriation Deferral Election First Deferral Cash Payment Date The date by which an electing TA Signatory Instruction must pay the relevant Deferral Cash Amount to the Company Subsequent Allocations for that Asset Pool 5 Business Days 10 Business Days 10 Business Days Distribution Value Date 25 Business Days Delivery Instruction Date Appropriation, Distribution and relevant Cash Deferral Amount are determined by the Company Latest date on which Distribution and Appropriation Notice will be given Deferral Cash Payment Date The date by which an electing TA Signatory must pay the relevant Deferral Cash Amount to the Company The main benefit of Collateralisation Election in respect of a Pre-Administration Client Money Claim is that when the Pre-Administration Client Money Shortfall Claim (i.e. the shortfall claim in the Distribution of Pre-Administration Admitted Client Money Amount for which the Company is liable) is determined, the Collateral Claim Amount will be equal to such Pre-Administration Client Money Shortfall Claim and then applied as a Distribution Asset to first reduce the NFL of the Signatory before any other Distribution Asset is applied to reduce the NFL (see Waterfall 3c in paragraph 3 below).
Sample 1
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Timing for Appropriation Deferral Election. A TA Signatory may only make an Appropriation Deferral Election at the time when the Company notifies the TA Signatory of its first interim Asset Allocation in respect of that Asset Allocation. The timing for making an Appropriation Deferral Election and paying the Deferral Cash Amount is illustrated in diagram 3 below.
Sample 1

Related to Timing for Appropriation Deferral Election

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Rollovers of Xxxx Elective Deferrals Xxxx elective deferrals distributed from a 401(k) cash or deferred arrangement, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan, may only be rolled into your Xxxx XXX.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Deferrals If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed to the Participant hereunder (the “Deferred Shares”), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant’s behalf (the “Account”). Subject to Section 5 hereof, the number of shares of Common Stock equal to the number of Deferred Shares credited to the Participant’s Account shall be distributed to the Participant in accordance with the terms and conditions of the Plan and the other applicable written plans or procedures of the Company, consistent with the requirements of Section 409A of the Code.

  • Contributions to Individual Account Programs As of the date that an employee becomes a member of the Individual Account Program established by Section 29 of Chapter 733, Oregon Laws 2003 and pursuant to Section 3 of that same chapter, the State will pay an amount equal to six percent (6%) of the employee’s monthly salary, not to be deducted from the salary, as the employee’s contribution to the employee’s account in that program. The employee’s contributions paid by the State under this Section 2 shall not be considered to be “salary” for the purposes of determining the amount of employee contributions required to be contributed pursuant to Section 32 of Chapter 733, Oregon Laws 2003.

  • DEFERRAL Notwithstanding the foregoing, if the Company shall furnish to Holders requesting registration pursuant to this Section 2.3, a certificate signed by the President or Chief Executive Officer of the Company stating that in the good faith judgment of the Board, it would be materially detrimental to the Company and its shareholders for such registration statement to be filed at such time, then the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Holders; provided, however, that the Company may not utilize this right more than once in any twelve (12) month period; provided further, that the Company shall not register any other of its shares during such twelve (12) month period. A demand right shall not be deemed to have been exercised until such deferred registration shall have been effected.

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

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