Non-qualified Trust definition

Non-qualified Trust means the trust established for
View Source
Non-qualified Trust means the Trust established for Decommissioning Costs with respect to the Company's interests in the Plants which Trust is not a Qualified Trust which shall consist of Contributions designated by the Company and/or KPB for decommissioning the Plants plus earnings on such Contributions.
View Source

Examples of Non-qualified Trust in a sentence

  • Prior to the establishment of a Nonqualified Trust, the earnings to be credited to the reserve shall be based upon the balance of the reserve as of the first day of such calendar quarter and an interest rate for the quarter equivalent to the rate which is the average of the prime rate as of the first and last business days of the quarter as reported by The Wall Street Journal (Midwest Edition).

  • Salaried Employees Equivalent Retirement Plan Non-qualified Trust Services include rabbi, secular and other non-qualified trusts providing benefits in addition to those from qualified plans.

  • Upon the written certification of the Settlor, setting forth the amount of the Excess Contribution and that such Excess Contribution is attributable solely to a decrease in the Settlor's ruling amount, as defined in dated July 10 , 1987 existing pursuant to Section 468A(d)(2) of the Code, the Trustee shall pay such amount (together with any income accrued thereon) to the Trustee of the Wisconsin Public Service Corporation Kewaunee Nuclear Decommissioning Nonqualified Trust Fund created and named therein.

  • Salaried Employees Equivalent Retirement Plan WACHOVIA EXECUTIVE SERVICES - EXECUTIVE COMPENSATION AND OTHER NON-QUALIFIED TRUST SERVICES -------------------------------------------------------------------------------- Non-qualified Trust Services include rabbi, secular and other non-qualified trusts providing benefits in addition to those from qualified plans.

  • Upon the establishment of a Nonqualified Trust the earnings to be credited to the reserve from time to time shall reflect the earnings, losses, appreciation and depreciation on the assets held in the Nonqualified Trust which are attributable to the reserve established for the Participant pursuant to Section C.3 above.

  • Upon the establishment of a Nonqualified Trust, the earnings to be credited to the reserve from time to time shall reflect the earnings, losses, appreciation and depreciation on the assets held in the Nonqualified Trust which are attributable to the reserve established for the Participant pursuant to Section B.3 or B.4 above.

  • Upon the establishment of a Nonqualified Trust, the earnings to be credited to the reserve from time to time shall reflect the earnings, losses, appreciation and depreciation on the assets held in the Nonqualified Trust which are attributable to the reserve established for the Participant pursuant to Section A.7 above.