Entire Interest definition

Entire Interest means all of a Member’s interests in the Company, including the Member’s transferable interest and all management and other rights.

Entire Interest. Means, for each Member, such Member’s entire equity interest in the Company (which shall include any and all interests in the Company held by persons that acquired their interests from such Member) and all unpaid Member Loans made by such Member.

Entire Interest in this Contract for purposes of the Required Minimum Distribution Rules. Your “entire interest” in this Contract includes the amount of any outstanding rollover, transfer and recharacterization under Q&As-7 and -8 of Treasury Regulation Section 1.408-8 or any successor Regulation and, in addition to the dollar amount credited, the actuarial present value of any additional benefits provided under this IRA contract, such as guaranteed withdrawal benefits in excess of the dollar amount credited.

Examples of Entire Interest in a sentence

• Entire Interest: Appropriative Right 105* Thomas Hicks is a California-licensed attorney and 2005 graduate of the University of San Francisco School of Law.

• Permanent Acquisition or Sale of an Entire Interest in a Water Right The permanent acquisition or sale of an entire interest in a water right is a complete transfer of all interests from one party to another in exchange for a cash payment or other consideration.

• The purchase price for the Entire Interest shall be payable in cash within ninety (90) days after the Election to Purchase is delivered to the other Member and shall be equal to the Capital Account of the other Member adjusted to reflect the Value of the Company as determined as of the date of the last valuation pursuant to Section 9.05.

• Each Member hereby agrees to sell its Entire Interest to the Electing Member or the third party designated by the Electing Member at that price if the Election to Purchase is timely exercised by the Electing Member.

• For rules on the disposition of an entire interest reported using the installment method, see Disposition of an Entire Interest, earlier.

More Definitions of Entire Interest

Entire Interest. As described in Section 11.1.

Entire Interest means all of a Member’s interests in the Company and all management and other rights.

Entire Interest shall have the meaning set forth in Section 7.02 herein.

Entire Interest has the meaning set forth in the Recitals.

Entire Interest means all of a Member’s interests in the Company and all management and other rights. “ERISA” the Employee Retirement Income Security Act of 1974, as from time to time amended.

Entire Interest means any guaranteed payments remaining under the payment plan in effect on the date of death. PURCHASE PAYMENTS -------------------------------------------------------------------------------- The initial Purchase Payment is due on the Contract Date. Additional Purchase Payments You may make additional Purchase Payments at any time before the Annuity Commencement Date. The minimum amount allowed as an additional Purchase Payment is defined on the contract data pages. We reserve the right to limit the maximum amount of additional Purchase Payments we will accept based on our rules in effect at the time of the payment. Where to Send Purchase Payments Send each Purchase Payment to our Home Office. Make any checks payable to GE Life and Annuity Assurance Company. Allocation of Purchase Payments You may allocate Purchase Payments to one or more Investment Options. The maximum number of Investment Option allocations allowed is shown on the contract data pages. The minimum percentage of each Purchase Payment that may be allocated to any particular Investment Option is also provided on the contract data pages. Purchase Payments will be allocated in accordance with your instructions we have on file. You may change the allocation of later Purchase Payments at any time, without charge, by sending a notice to us at our Home Office. The notice must be in writing or in any form acceptable to us. The allocation will apply to Purchase Payments received after we receive the change. MONTHLY INCOME BENEFIT -------------------------------------------------------------------------------- We will pay you a monthly income for a guaranteed minimum period beginning on the Annuity Commencement Date if the Annuitant(s) is still living. The monthly income will be a Variable Income Payment similar to that described in the provision titled "Variable Income Options" under the Optional Payment Plans section. Payments will be made automatically under a Life Income with 10 Years Certain plan or a Joint Life and Survivor Income with 10 years Certain plan, unless you choose otherwise. Under the Life Income 10 Years Certain plan, if the Annuitant lives longer than 10 years, payments will continue for his or her life. If the Annuitant dies before the end of ten years, the remaining payments for the ten year period will be discounted at the same rate used to calculate the monthly income. The discounted amount will be paid in one sum to you. Under the Joint Life and Survivor Income plan, if any...

Entire Interest for purposes of this Agreement and shall be subject to the Security Interest.