Individual Funds definition
Examples of Individual Funds in a sentence
Under rules established by the Plan Administrator, a Participant's interest in the Individual Funds shall be debited by the amount credited to the Participant's Loan Fund.
A Participant may elect according to the procedures and rules established by the Plan Administrator, to transfer the investment of the Participant’s Account among Individual Funds.
Under rules established by the Plan Administrator, a Participant’s interest in the Individual Funds shall be debited by the amount credited to the Participant’s Loan Fund.
Subject to a determination by the Plan Administrator that investment options and direction will be given to Participants and Beneficiaries, each Participant and each Beneficiary of a deceased Participant may direct the Plan Administrator to invest contributions to the Participant’s Account in one or more Individual Funds as the Participant shall designate by providing notice to the Plan Administrator according to the procedures and rules established by the Plan Administrator for that purpose.
The Trustee, to the extent directed, may purchase for an Individual Fund any property of another Individual Fund which would then be appropriate for purchase by that Individual Fund and may exchange property of one Individual Fund for property of another Individual Fund if the exchanged properties would be appropriate for purchase by the respective Individual Funds.
Until such time as the Plan Administrator may direct otherwise, each Participant may direct the Plan Administrator to invest contributions to his Account in one or more Individual Funds as the Participant shall designate by providing notice to the Plan Administrator according to the procedures established by the Plan Administrator for that purpose.
A Participant may elect according to the procedures established by the Plan Administrator to transfer, in multiples of one percent (1%), his Account among Individual Funds.
A Participant may elect, according to the procedures established by the Plan Administrator, to transfer his Account between Individual Funds in multiples of one percent (1%) or such other percentage multiples as determined by the Plan Administrator.
Payments of both principal and interest are to be made in immediately available funds at the Office of the Agent or such other place as the Agent shall designate in writing to the Company.
Any elections under the 401(k) Plan regarding investments of the Member's 401(k) Plan Account (other than elections regarding loans made to the Member from the 401(k) Plan) will automatically be deemed as elections affecting the hypothetical investment of the Member's Account under the Plan among Individual Funds.