Drawdown Fund definition

Drawdown Fund means any part of a Member's Individual Account that has been designated for the provision of Drawdown in accordance with these Rules. "Drawdown" includes "drawdown pension", "dependants' drawdown pension", "nominees' drawdown pension" and "successors' drawdown pension" as defined in the Finance Act 2004.
Drawdown Fund means either a capped drawdown pension fund or
Drawdown Fund means any part of an Individual Fund which is designated as available for the payment of Drawdown in accordance with the Rules or which in the opinion of the Operator should be so designated to reflect:

Examples of Drawdown Fund in a sentence

  • The amount applied to provide the Pension Benefits shall be deducted from the Member's Uncrystallised Fund (or, in the case of Drawdown, Drawdown Fund), reducing accordingly the amount that can be used to provide other benefits in respect of him or her.

  • If a Member or a potential beneficiary has so requested in writing, the Trustee may in its absolute discretion retain a deceased Member's Individual Account (or part of it) in the Scheme as a Drawdown Fund for one or more of the Member's Survivors.

  • This may be a Drawdown Fund provided by the Scheme or an equivalent arrangement provided outside the Scheme.

  • If a Member is to receive Drawdown, the Trustee must first transfer the relevant part of his or her Uncrystallised Fund to a Drawdown Fund for the Member.

  • Otherwise, the challenger C randomly chooses h ∈ Z∗ , adds (ID, RID, h) inLf , and responds with h.• H0 queries: at any time, A can issue queries with (ID, t) to the random oracle H0.

  • The report shows that new antibiotics have a societal value in the $10s of billions of dollars whereasthe price paid by society for these drugs is insufficient from the standpoint of an innovator.

  • Represents warrants to purchase shares of Class A Common Stock previously acquired as part of a unit consisting of one share of Class A Common Stock and one warrant as follows: 644,056 by Mudrick Opportunity Fund; 1,503,553 by Mudrick Drawdown Fund II; 622,249 by Mudrick Drawdown Fund II SC; and 452,364 by the Managed Accounts.

  • For the avoidance of doubt, a Member's Individual Account includes any Uncrystallised Fund and any Drawdown Fund in respect of that Member.

  • Jason Mudrick is the sole member of each of Mudrick Capital GP, the general partner of Mudrick Capital, Mudrick Drawdown Fund GP, the general partner of Mudrick Drawdown Fund, Mudrick Drawdown Fund II GP, the general partner of Mudrick Drawdown Fund II, Mudrick Senior Secured GP, the general partner of Mudrick Senior Secured Fund, and Mudrick GP, the general partner of Mudrick Opportunity Fund and Mudrick Specialty Fund.

  • Member’s Signature Date If you receive an income from a Flexi-Access Drawdown Fund, or if you receive an Uncrystallised Funds Pension Lump Sum (UFPLS), you will be subject to the Money Purchase Annual Allowance rules.


More Definitions of Drawdown Fund

Drawdown Fund means any part of a Member’s Account which, subject to the Trustees’ agreement,

Related to Drawdown Fund

  • Drawdown means a drawdown of an Advance;

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.