Use of VEBA Assets Sample Clauses

Use of VEBA Assets. Following retirement from employment and the satisfaction of the applicable vesting requirements, a retired teacher may use the amounts held in the VEBA account to pay any eligible expenses under the IRS Code and Regulations. Furthermore, following the death of a teacher who had otherwise satisfied the vesting requirements before death, any amounts remaining in the plan for that deceased teacher may continue to be used to pay any qualified beneficiaries’ eligible expenses under IRS Code and Regulations.
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Related to Use of VEBA Assets

  • Use of Funds Grantee shall expend funds under this Contract only for approved services and for reasonable and allowable expenses directly related to those services.

  • Use of Names The Manager and the Fund agree that the Manager has a proprietary interest in the names “DFA” and “Dimensional,” and that the Fund and/or Portfolio may use such names only as permitted by the Manager, and the Fund further agrees to cease use of such names promptly after receipt of a written request to do so from the Manager.

  • Use of the Software licensed hereunder may require third party software or hardware (including but limited to databases, operating systems and servers). Unless specifically licensed in the Master Agreement, this Agreement does not contain a license to use such additional materials.

  • Use of Personal Vehicle Employees will not be required to use their personal vehicle for Company business.

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