Governmental Plan Partner definition

Governmental Plan Partner shall have the meaning ascribed to such term in Section 11.03.
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Governmental Plan Partner. A Limited Partner which is a “governmental plan” as defined in Section 3(32) of ERISA.
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Governmental Plan Partner means a Limited Partner that is a “governmental plan” as defined in Section 3(32) of ERISA.
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Examples of Governmental Plan Partner in a sentence

  • In the event of the issuance of the opinion of counsel referred to in the preceding sentence, the withdrawal of and disposition of the Governmental Plan Partner’s interest in the Partnership shall be governed by the last two sentences of Section 11.02(b) and Section 11.02(c) and Section 11.02(d), as if the Governmental Plan Partner were an ERISA Partner.

  • The Partnership shall be permitted to and is authorized to borrow as necessary to make any such cash payment to the withdrawn ERISA Partner or Governmental Plan Partner under this Section 9.8. The withdrawal of a Limited Partner hereby shall not, in and of itself, cause a dissolution of the Partnership.

  • In the event of the issuance of the opinion of counsel referred to in the preceding sentence, the withdrawal of and disposition of the Governmental Plan Partner’s interest in the Partnership shall be governed by Section 13.1 of the Agreement, as if the Governmental Plan Partner were an ERISA Partner.

  • If the General Partner shall have demanded such withdrawal and the need for such withdrawal did not arise as a result of a Limited Partner that was not an ERISA Partner or Governmental Plan Partner becoming an ERISA Partner or Governmental Plan Partner, such distribution shall be made in cash within 30 calendar days (or as soon thereafter as is practicable but no later than 90 calendar days) after withdrawal of the ERISA Partner or Governmental Plan Partner.

  • Notwithstanding the foregoing, no Governmental Plan Partner that is not otherwise subject to ERISA shall be obligated to withdraw or shall have a right to withdraw as a result of the applicability of ERISA to any ERISA Partner, and no ERISA Partner shall be obligated to withdraw or shall have a right to withdraw as a result of any state statute, law, rule or regulation not otherwise applicable to such ERISA Partner.

  • The Investor represents to the General Partner and the Partnership that it is a Governmental Plan Partner and an instrumentality of the State of Oklahoma.

  • If the Partnership is not dissolved or such cause for withdrawal is not cured within such 90-day period, then any such ERISA Partner or Governmental Plan Partner shall withdraw from the Partnership to the extent necessary as determined by the General Partner as of the date which is the earlier of (A) the last calendar day of the fiscal quarter during which the election or demand for withdrawal is made, or (B) such date for withdrawal as may be recommended by counsel in such opinion.

  • In the event of the issuance of the opinion of counsel referred to in the preceding sentence, the withdrawal of and disposition of the Governmental Plan Partner’s interest in the Partnership shall be governed by paragraph 13.1 of the Agreement, as if the Governmental Plan Partner were an ERISA Partner.

Related to Governmental Plan Partner

  • Governmental Plan and "separate account" shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Governmental Person means, whether domestic or foreign, any national, federal, state or local government, any political subdivision thereof, or any governmental, quasi-governmental, judicial, public or statutory instrumentality, authority, body or entity, including any central bank and any comparable authority.

  • Benefit Plan Entity shall have the meaning assigned to such term in Section 3.9.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Regulated Entity means any entity referred to in Section I of Article L.613-34 of the French Code monétaire et financier as modified by the 20 August 2015 Decree Law, which includes certain credit institutions, investment firms, and certain of their parent or holding companies established in France.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Developmentally disabled person means a person who has a disability defined in RCW 71A.10.020. RCW 26.44.020

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • Controlled Group means all members of a controlled group of corporations or other business entities and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower or any of its Subsidiaries, are treated as a single employer under Section 414 of the Code.

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Historically Disadvantaged Individual (HDI) - means a South African citizen:

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Regulated Entities (REs) means

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Participating Company means the Company or any Parent Corporation or Subsidiary Corporation.

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Mental Health Worker means an individual that assists in planning, developing and evaluating mental health services for Clients; provides liaison between Clients and service providers; and has obtained a Bachelor's degree in a behavioral science field such as psychology, counseling, or social work, or has two years of experience providing client related services to Clients experiencing mental health, drug abuse or alcohol disorders. Education in a behavioral science field such as psychology, counseling, or social work may be substituted for up to one year of the experience requirement.

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.