Gap Period definition

Gap Period means the period between the close of the Plan Year in which “excess contributions” were made and the date the contributions are distributed.
Gap Period means the period beginning with the last day of the Plan Year and the date of distribution of any excess Compensation Deferral Contributions.
Gap Period means the period between last day of the Plan Year and the date of distribution of any Excess Aggregate Contributions.

Examples of Gap Period in a sentence

  • In the event of any lien, encumbrance or other matter affecting title to the Premises in the Gap Period arising as a result of an act of the Company, but no others, the Company hereby indemnifies and holds Title Insurer harmless against any and all loss or damage sustained as a result thereof and further undertakes to take all necessary steps to discharge any such lien, encumbrance or other matter in a manner reasonably satisfactory to Title Insurer.

  • In the event of any lien, encumbrance or other matter affecting title to the Premises in the Gap Period arising as a result of an act of the undersigned, the undersigned hereby indemnifies and holds Title Insurer harmless against any and all loss or damage sustained as a result thereof and further undertakes to take all necessary steps to discharge any such lien, encumbrance or other matter in a manner reasonably satisfactory to Title Insurer.

  • Gap Period means the period commencing on the first day of the next Plan Year following the Testing Year and ending on the date the Plan Administrator distributes Excess Contributions or Excess Aggregate Contributions for the Testing Year.

  • As to Excess Deferrals, Gap Period means the period commencing on the first day of the next Taxable Year following the Taxable Year in which the Participant made the Excess Deferrals and ending on the date the Plan Administrator distributes the Excess Deferrals.

  • See Section 4.11(C)(2)(b) as to the safe harbor method except the Plan Administrator will apply such modifications as are necessary to determine Gap Period Allocable Income with respect to the Excess Deferrals.


More Definitions of Gap Period

Gap Period. Income. The income or loss allocable to the "gap period" [Check one. See Section 7.3(e), Section 7.4(d)(2) and Section 7.5(d)(2).] a. [ x ] Standard: shall not be distributed. b. [ ] shall be distributed.
Gap Period means the portion of a Trial Subject’s participation in the INSERM Trial that begins on completion of the year 2 visit and ends on the date the first Clinical Protocol amendment is approved by the relevant French regulatory authorities, at which time, the Follow Up Period will begin.
Gap Period means the period between the Consolidation Effective Date and February 15, 2018.
Gap Period means the time period between the Petition Date and the Date of Adjudication.
Gap Period means the period of time between the end of the applicable computation period (i.e., Participant's taxable year or the Plan Year) and the date a corrective distribution is made to the Participant.
Gap Period. EARNINGS" of a Participant shall be equal to the product of: (A) ten percent (10%) of the Subject Calendar Year Earnings; multiplied by (B) the number of Gap Period Months prior to the distribution of the Participant's Attributable Excess Deferrals.
Gap Period means the period extending from and including the Signature Date up to but excluding the earlier of the Closing Date and the date on which this Agreement is terminated in accordance with its terms;