Allocation Rate definition

Allocation Rate means allocation of units after deduction of Allocation Charge and applicable taxes and levies, if any

Allocation Rate means the proportion of the Premium available for investment in the Policy in accordance with Condition 5.

Allocation Rate means the rate described in Part 3, Condition 3.3.

Examples of Allocation Rate in a sentence

• For purposes of this definition, the Aggregate Normal Allocation Rate must not take into account the imputation of permitted disparity under Regulation §1.401(a)(4)-7.

• Each High Distribution III Unit shall have a HDIII Special Allocation Rate and HDIII Account Reduction Obligation in lieu of a HDII Special Allocation Rate and HDII Account Reduction Obligation.

• A schedule of Allocation Rates increases smoothly if the Allocation Rate for each band within the schedule is greater than the Allocation Rate for the immediately preceding band (i.e., the band with the next lower number of years of Age, Years of Service (or Periods of Service), or Age and service points) by no more than 5 percentage (5%).

• If the Plan is using a schedule of Allocation Rates based on Age, for each Age band in the schedule that provides an Allocation Rate greater than the minimum Allocation Rate, then there could be a Participant in that Age band with an Equivalent Accrual Rate that is less than or equal to the Equivalent Accrual Rate that would apply to a Participant whose Age is the highest Age for which the Allocation Rate equals the minimum Allocation Rate.

• The Incentive Allocation Rate for each Limited Partner will be ten percent (10%) or such other rate as such Limited Partner and the General Partner may agree in writing.

More Definitions of Allocation Rate

Allocation Rate means the proportion of the investment that is invested. Any deduction is typically to cover set up costs. Where the allocation rate is more than 100%, this is typically to reduce the effect of other charges or costs.

Allocation Rate means the following:

Allocation Rate means the percentage (rounded to the nearest hundredth of a percentage point) determined by dividing an employee’s Nonelective Employer Contribution for the Plan Year by the employee’s Testing Compensation for the same Plan Year and by adjusting for permitted disparity as determined pursuant to Treasury Regulation Section 1.401(a)(4)-7(b).

Allocation Rate means the proportion of the contribution available for investment in the Account in accordance with Condition 5.

Allocation Rate means, for a Participant for a Plan Year, the sum of the allocations to the Participant’s Account for the Plan Year, expressed as a percentage of Code §414(s) Compensation, subject to the following rules:

Allocation Rate means the percentage obtained by dividing (A) the total amount of Employer contributions or reallocated Forfeitures that are allocated on the Participant's behalf under all defined contribution plans of the Employer or an FX Employer that are aggregated for nondiscrimination testing under Code ss.401(a)(4) (not including any Matching Contributions if such plan or plans includes Elective Deferrals), by (B) the Participant's Compensation.

Allocation Rate means allocation of Units after deduction of Allocation Charge and applicable taxes and levies, if any “Annualized premium” means the premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.