TRANSFER PAYMENTS TO PLAN INVESTMENT FUNDS Sample Clauses

TRANSFER PAYMENTS TO PLAN INVESTMENT FUNDS. You may, pursuant to elections by Participants, subject to any restrictions in the Plan, direct Us to make Transfer Payments among Subaccounts or from the Contractholder Fixed Account or Contractholder Variable Account to any Plan Investment Fund made available under the Plan. Transfers will be made under the terms of Section 5.1(a), unless You request, and We agree, to allow transfers under the terms of Sections 5.1(b) and 5.1(c). If We are not provided sufficient information to effectively administer transfers under Sections 5.1(b) and 5.1(c), We will reinstate the terms of Section 5.1(a) upon written notice. Prudential may, upon notice to the Contractholder and Participants, limit the frequency of transfers as well as impose other limitations on transfers. The action will take effect on the date of the notice.
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TRANSFER PAYMENTS TO PLAN INVESTMENT FUNDS. You may, pursuant to elections by Participants, subject to any restrictions in the Plan, direct us to make Transfer Payments from the Contractholder Fixed Account or Variable Accounts to any Plan Investment Fund made available under the Plan. Transfers will be made under the terms of Section 5.1(a) and 5.1(b). Prudential may, upon notice to the Contract-Holder and Participants, limit the frequency of Transfer Payments. The action will take effect on the date of the notice. In the event that a Participant Transfer is made as a result of a communication by the Contractholder, Employer, agent or broker to the Participant, which communication in Prudential's reasonable judgment advised Participants to transfer or withdraw their funds held under this Contract, the Transfer will be treated as a Contractholder Withdrawal under Section 6.4. If such communication is not provided to Prudential upon written request, Prudential reserves the right to consider the communication as one which advises Participants to transfer or withdraw their funds held under this Contract. (a) DIRECT TRANSFERS TO A COMPETING FUND Transfer Payments directly between the Contractholder Fixed Account under this Contract and a Competing Fund as defined in Section [1.4] may not be made without Prudential's consent.
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Related to TRANSFER PAYMENTS TO PLAN INVESTMENT FUNDS

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Distributions to Members Section 9.1

  • Limited Distributions of Income from Trust Account (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income or other tax obligation owed by the Company. (b) The limited distributions referred to in Section 2(a) above shall be made only from income collected on the Property. Except as provided in Section 2(a), no other distributions from the Trust Account shall be permitted except in accordance with Section 1(i) hereof. (c) The Company shall provide Ladenburg with a copy of any Termination Letters and/or any other correspondence that it issues to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after such issuance.

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Distributions; Investments Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so. Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

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