Rollover Fund definition

Rollover Fund means the Sun Life Segregated Fund designated in writing by Sun Life from time to t ime for the purposes of receiving the amount payable pursuant to sub-section 4(a) or (b), or Section 5, on behalf of each Member;
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Examples of Rollover Fund in a sentence

  • If the amount of cash in the Rollover Reserve Fund drops below $500,000.00 (the “Rollover Fund Cap”), then Borrower shall commence and continue, on each Payment Date, making monthly deposits to the Rollover Reserve Fund in the amount of $25,000.00 until the balance of the Rollover Reserve Fund equals or exceeds the Rollover Fund Cap.

Related to Rollover Fund

  • Rollover means any vehicle rotation of 90 degrees or more about any true longitudinal or lateral axis.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Rollover Contribution Account means, for any Participant, the account described in Section 12.1 or 12.2, as established by the Administrator or the Trustee, to which the Participant's Rollover Contribution, if any, is allocated.