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
The promissory notes will be held for the investors by BNY, will not be transferable, and will be payable in cash in the manner set forth below.Investors Tendering Their Entire Interest.
An executed counterpart of each such assignment of all or any portion of an Entire Interest in the Company and assumption of a Member’s obligations shall be delivered to each Member and to the Company.
Upon any such permitted assignment of all or any portion of an Entire Interest, and after such assumption, the assignor shall be relieved of its agreements and obligations hereunder arising after such assignment with respect to the interest transferred, and, in the case of a transfer of an Entire Interest, the assignee shall become a Member in place of the assignor.
The Sale Proposal shall include a statement as to the total purchase price for the Property that formed the basis for the stated purchase price for each Entire Interest.
As a condition to any assignment of all or any portion of an Entire Interest, the selling Member shall obtain such consents as may be required from third parties, if any, or waivers thereof.
More Definitions of Entire Interest
Entire Interest. As described in Section 10.2.
Entire Interest has the meaning set forth in the Recitals.
Entire Interest shall have the meaning set forth in Section 7.02 herein.
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 means all of a Member’s interests in the Company, including the Member’s transferable interest and all management and other rights. “ERISA” means the U.S. Employee Retirement Income Security Act of 1974, as from time to time amended. “ERISA Plan” means (i) an “employee benefit plan” subject to Title I of ERISA, (ii) a “plan” subject to Code Section 4975 or (iii) an entity whose assets are deemed to include “plan assets” (under the U.S. Department of Labor regulation codified at 29 C.F.R. §2510.3-101, as modified by Section 3(42) of ERISA) of any such “employee benefit plan” or other “plan.” “Expenses” means all costs and expenses directly borne by the Company in connection with the ongoing operation of the Company, including those borne under the Administrative Services Agreement but excluding those borne under the Loan Administrative Services Agreement and the Loan Servicing Agreement. Expenses include, but are not limited to, (i) Xxxxxxx Xxxxx Fees, (ii) referral fees of up to 1% of amounts for the funding of an Investment to be paid to NBSC Alliance Partners, (iii) referral partner relationship management fees of up to 0.50% of amounts for the funding of an Investment to be paid to NBSC RVPs, and (iv) certain pass through expenses incurred in connection with an Investment (such as search fees, flood search, commercial appraisal reports, environment reports, credit reports, tax transcripts, etc.) for the funding of such Investment to the extent not borne by the applicable Portfolio Company and without xxxx-up by the Loan Administrative Agent. All Expenses shall be fully detailed in a memo submitted to the Investment Committee in respect of the relevant Investment. “GAAP” means United States generally accepted accounting principles.
Entire Interest means any guaranteed payments remaining under the payment plan in effect on the date of death.