Irrevocable Election definition

Irrevocable Election shall have the meaning specified in Section 13.02(a)(iii).
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Irrevocable Election has the meaning specified in Section 5.04(a)(iii).
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Irrevocable Election has the meaning specified in Section 14.04(a)(iv).
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Examples of Irrevocable Election in a sentence

  • Note: Please see TRS regulations regarding the 90-day notice for Irrevocable Election severance option.

  • For tax exempt bond financed projects using “out of cap” tax credits, the Irrevocable Election must be made in the month the bonds are issued; otherwise the project must wait until the placed in service date.

  • Irrevocable Election: Once made, both the election to cash out vacation leave and the date upon which the cash out is scheduled to occur is irrevocable.

  • A Participant is not permitted to make a subsequent election with respect to the timing or form of payment of any Compensation deferred under this Plan pursuant to an Irrevocable Election Form that has become irrevocable in accordance with Article III(D)(4) above.

  • For the avoidance of doubt, any Irrevocable Election, if made, will be effective without the need to amend this Indenture or the Notes, including pursuant to Section 10.01(i).

  • An Irrevocable Election Form submitted by or on behalf of a Participant shall be binding upon and inure to the benefit of the Corporation, its successors and assigns, and to the Participant and to the Participant’s Beneficiaries, heirs, executors, administrators and other legal representatives.

  • The contractual agreement between Comerica Incorporated and each Participant resulting from the execution of an Irrevocable Election Form shall be binding upon and inure to the benefit of Comerica Incorporated, its successors and assigns, and to the Participant and to the Participant's heirs, executors, administrators and other legal representatives.

  • After a Reservation is made, the sponsor may irrevocably elect to lock in the applicable percentage, provided the Authority's Binding Agreement and Irrevocable Election document is executed by the fifth day following the month in which the applicable percentage is elected.Requests for an irrevocable election must be made at least 14 days prior to this deadline.

  • Upon the Committee's acceptance of a Participant's Irrevocable Election Form, the Participant shall be (i) bound by the provisions of the Plan and by the provisions of any agreement governing the Trust; (ii) bound by the provisions of the Irrevocable Election Form; and (iii) deemed to have assumed the risks of deferral, including, without limitation, the risk of poor investment performance and the risk that Comerica Incorporated may become insolvent.

  • Irrevocable Election or Change in Control, the Dime shall either (i) notify the Trustee that there have been no changes in the Participant Information from the Participant Information most recently provided or (ii) if there have been changes in the Participant Information, provide the Trustee with Participant Information updated to the date of the Irrevocable Election or Change in Control.


More Definitions of Irrevocable Election

Irrevocable Election. The subordination provisions of the notes and guarantees will not apply to the notes remarketed in a final remarketing, unless the Company makes an irrevocable election otherwise at any time on or prior to December 28, 2010 (six months from the date of initial issuance of the Corporate Units). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.
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Irrevocable Election means an Eligible Employee's one-time irrevocable written election to participate in the Plan made on the Applicable Form and filed with the Board no longer than 90 days after first becoming an Eligible Employee; provided, however, that if an Eligible Employee initially elects to participate in SRPS, he or she may change such election and choose to instead participate in the Plan at any time during the one year period following the date the Eligible Employee first became an Eligible Employee. Notwithstanding the preceding, an Irrevocable Election is not effective unless accompanied by an Applicable Form on which the Eligible Employee enrolls with a Vendor and selects his or her Investment Options under the Plan.
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Irrevocable Election means, with respect to the Purchase Option, the delivery by the Class B Members to the Company of a written notice pursuant to which the Class B Members unconditionally covenant and agree that the Purchase Option shall be consummated on or prior to the Purchase Date specified in the related Purchase Option Notice.
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Irrevocable Election has the meaning set forth in Section 5.04(d) of the Third Supplemental Indenture.
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Irrevocable Election means (a) with respect to the Topaz Purchase Option or Topaz Retirement Option, the delivery by the Topaz Majority Member to the Topaz Minority Member of a written notice pursuant to which the Topaz Majority Member unconditionally covenants and agrees that the Topaz Purchase Option or Topaz Retirement Option shall be consummated on or prior to the Purchase Date or Retirement Date specified in the related Purchase Option Notice or Retirement Notice and (b) with respect to the Diamond Purchase Option or Diamond Retirement Option, the delivery by the Diamond Class B Member to the Diamond Class A Member of a written notice pursuant to which the Diamond Class B Member unconditionally covenants and agrees that the Diamond Purchase Option or Diamond Retirement Option shall be consummated on or prior to the Purchase Date or Retirement Date specified in the related Purchase Option Notice or Retirement Notice. "ISSUANCE ITEMS" is defined in Section 4.4(h) of the Topaz LLC Agreement or Section 4.4(g) of the Diamond LLC Agreement, as the context may require.
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Irrevocable Election means, with respect to the Purchase Option or Vessel Purchase Option, the delivery by the Class B Member to the Company of a written notice pursuant to which the Class B Member unconditionally covenants and agrees that the Purchase Option or Vessel Purchase Option shall be consummated on or prior to the Purchase Date or Vessel Purchase Date specified in the related Purchase Option Notice or Vessel Purchase Notice.
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Related to Irrevocable Election

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Primary election means any regular primary election held under the election

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • Notice of Election means the one or more notices of election (in such form as the Manager may approve) which the Manager will, at its discretion, send to each Unitholder and through which each Unitholder may indicate whether they wish to participate in the Distribution Reinvestment Plan.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Payment Election means an election pursuant to Section 5.1.

  • Investment Election means an election, made in such form as the Administrative Committee may direct, pursuant to which a Participant may elect the Investment Funds in which the amounts credited to his Account will be deemed to be invested.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Local election means a regular county election, a regular municipal election, a

  • by-election means a trustee election to fill a vacancy on the Board in any of the circumstances described in section 36 of the School Act.

  • Deferral Notice has the meaning set forth in Section 3(h) hereof.

  • Form of Election has the meaning assigned in Section 3.3(b).

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Election means an election by a constituency, or by a class within a constituency, to fill a vacancy among one or more posts on the council of governors;

  • Regular primary election means the election on the fourth Tuesday of June of

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Extension Election has the meaning set forth in Section 2.16(c).