Excess Amounts definition

Excess Amounts means Available Monies after distributions made in accordance with Section 7.05.
Excess Amounts means, as of any Payment Date, the amount remaining in the 2014-A SUBI Collection Account after the distributions provided for in clause (ii) of Section 8.04(a) of the Indenture have been made.
Excess Amounts shall have the meaning specified in Section 5.05(b).

Examples of Excess Amounts in a sentence

  • Subject to section 12.05(6), the compliance fee for Excess Amounts that are corrected pursuant to section 6.05(2)(b) is equal to the sum of (a) the applicable fee described in section 12.05(2), plus (b) ten percent of the Excess Amounts, adjusted for earnings through the date of the VCT application, contributed or allocated in the calendar year of the VCT application and in the three calendar years prior thereto.

  • Excess Amounts for a year, adjusted for earnings through the date of distribution, must be distributed to affected participants and beneficiaries and are includible in their gross income in the year of distribution.

  • In addition, the Plan Sponsor must inform affected participants and beneficiaries that the distribution of Excess Amounts is not eligible for rollover.

  • However, the correction of a failure may result in income tax consequences to participants and beneficiaries (for example, participants may be required to include in gross income distributions of Excess Amounts in the year of distribution).

  • The distribution of Excess Amounts is not an eligible rollover distribution within the meaning of § 403(b)(8).


More Definitions of Excess Amounts

Excess Amounts means, as of any Payment Date, the amount remaining in the 20[•]-[•] Series Collection Account after the distributions provided for in clause (iii) of Section 8.04(a) of the Indenture have been made.
Excess Amounts means the excess of the Participant's Annual Additions for the Limitation Year involved over the Maximum Permissible Amount for that Limitation Year.
Excess Amounts means, for any Month, the aggregate volumes throughput by Tesoro in excess of the Minimum Throughput Commitment, multiplied by the weighted average Terminalling Service Fee paid by Tesoro during such Month.
Excess Amounts shall have the meaning specified in Section 14.06(d).
Excess Amounts shall have the meaning set forth in Section 14.07(b).
Excess Amounts means, as of any Payment Date, the amount remaining in the 2024-B Series Collection Account after the distributions provided for in clause (iii) of Section 8.04(a) of the Indenture have been made.
Excess Amounts means, with respect to any Distribution Date, the remaining Available Interest on deposit in the Collection Account in respect of such Distribution Date after all distributions pursuant to Section 4.06(c) have been made. Excess Amounts shall include all amounts received upon prepayment in full of Rule of 78s Receivables in excess of the then outstanding principal balances thereof and accrued interest thereon (calculated pursuant to the actuarial method).