Former Vendor definition

Former Vendor means any provider that was approved by the Employer to offer annuity contracts or custodial accounts under the Plan, but that ceases to be eligible to receive new contributions under the Plan on or after January 1, 2005.

Former Vendor means a service provider that was an approved Vendor under the Plan, but that ceases to be an approved Vendor under the Plan, that continues to hold Plan assets. Notwithstanding the preceding, a Former Vendor shall not include a service provider that ceased to be eligible to receive contributions under the Plan prior to January 1, 2005.

Former Vendor means any provider that was approved by the Administrator to receive Contributions under the Plan, but that ceases to be eligible to receive new Contributions under the Plan, but only so long as the provider continues to hold Plan assets.

Examples of Former Vendor in a sentence

• Loans are not available from Contributions that are held with the Former Vendor.

• A Participant may also elect to transfer all or any portion of his Accounts invested in an Investment Option with a Former Vendor to an Investment Option with a Vendor, subject to the terms of the Trust.

• Hardship withdrawals are not available from Contributions that are held with the Former Vendor.

• Former Vendor Any vendor that was approved by the Board to receive Supplemental Employer Contributions under the Plan, but is no longer approved under the Plan to receive Supplemental Employer Contributions, until such time as the vendor no longer continues to hold Plan assets.

• You will receive your Account in a single lump sum; provided, however, that Accounts held with a Former Vendor may be distributed in any form of payment available under the Former Vendor's Contract.

More Definitions of Former Vendor

Former Vendor means a service provider that was an approved Vendor under the Plan, but that ceases to be an approved Vendor under the Plan, that continues to hold Plan assets.

Former Vendor means any vendor that was approved by the University to receive University Contributions under the Plan, but is no longer approved under the Plan to receive University Contributions, until such time as the vendor no longer continues to hold Plan assets; provided, that a Former Vendor shall not include any vendor that ceased to be eligible to receive University Contributions under the Plan prior to January 1, 2005.

Former Vendor means a provider that was approved by the Board to offer annuity contracts or custodial Accounts under the Plan, but that is no longer eligible to receive new contributions under the Plan; provided, however, that a Former Vendor shall not include any

Former Vendor means a provider that was approved by the Board to offer annuity contracts or custodial Accounts under the Plan, but that is no longer eligible to receive new contributions under the Plan; provided, however, that a Former Vendor shall not include any provider that ceased to be eligible to receive new contributions under the Plan prior to January 1, 2003.

Former Vendor means any vendor that was approved by the University to receive Elective Deferrals under the Plan, but is no longer approved under the Plan to receive Elective Deferrals, until such time as the vendor no longer continues to hold Plan assets.

Former Vendor means Former Vendor or its subsidiary involved in the Former Vendor Dispute and includes its successors and assigns;

Former Vendor means any vendor that was approved by the University to receive Elective Deferrals under the Plan, but is no longer approved under the Plan to receive Elective Deferrals, until such time as the vendor no longer continues to hold Plan assets; provided, that a Former Vendor shall not include any vendor that ceased to be eligible to receive Elective Deferrals under the Plan prior to January 1, 2005.