SAVINGS TRANSFER DATE definition

SAVINGS TRANSFER DATE. The "U.S. Savings Transfer Date" shall be the first day of the month following a 15th day of a month by which BDPH has requested the transfer and Xxxxxx has received copies of the applicable favorable IRS determination letter; provided, however, that in no instance shall such date occur more than nine months after Closing. On the U.S. Savings Transfer Date, Xxxxxx shall transfer 90% of its good faith estimate of the U.S. Savings Total Transfer Amount. Upon the completion of a calculation of the U.S. Savings Total Transfer Amount by the record keeper for the U.S. Saving Plans (such calculation to occur no later than 120 days after the U.S. Savings Transfer Date and such calculation to be binding on BDPH), the U.S. Savings Plans shall transfer to the BDPH U.S. Savings Plan an amount equal to the difference between the U.S. Savings Total Transfer Amount and any amounts previously transferred to the BDPH U.S. Savings Plan or, if applicable, the BDPH U.S. Savings Plan shall transfer to the U.S. Savings Plans an amount equal to the difference between any amounts previously transferred to the BDPH U.S. Savings Plan and the U.S. Savings Total Transfer Amount. In consideration of the transfer of assets hereunder, BDPH shall, as of the U.S. Savings Transfer Date, cause the BDPH U.S. Savings Plan to assume the liabilities for benefits payable to plan participants and beneficiaries in respect of participants for whom assets (including notes) are transferred.
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SAVINGS TRANSFER DATE shall have the meaning set forth in Section 5.5 hereof.
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SAVINGS TRANSFER DATE has the meaning set forth in SECTION 5.7(F)(III).
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Examples of SAVINGS TRANSFER DATE in a sentence

  • On and after the Savings Transfer Date, any such benefits payable to a Savings Participant shall be paid from Buyer's Savings Plan trust.

  • Without limiting the generality of the foregoing, Seller shall retain (i) all liabilities in connection with the Seller's Defined Benefit Plan, (ii) all liabilities under the Seller's Severance Plan except as specifically set forth in Section 7.3(a) and (iii) all liabilities under the Seller's Savings Plan, other than benefit liabilities with respect to participants who are Transferred Employees (but only on and after the Savings Transfer Date).

  • The account balances of the Purchaser Savings Plan Participants under the Purchaser Savings Plan shall be transferred on the Savings Transfer Date to the Purchaser Savings Plan.

  • GEC shall cause an amount equal to the account balances of the Purchaser Savings Plan Participants as of the Savings Transfer Date to be transferred in cash or other property acceptable to the Purchaser and GAI.

  • The "U.S. Savings Transfer Date" shall be the first day of the month following a 15th day of a month by which BDPH has requested the transfer and Bordxx xxx received copies of the applicable favorable IRS determination letter; provided, however, that in no instance shall such date occur more than nine months after Closing.

  • Very often, there are many different ways to represent the data and it is unclear which represen- tation is the best one.

  • The "Savings Transfer Date" shall be as soon as practicable after the foregoing requirements have been met.

  • On and after the Savings Transfer Date, any such benefits payable to a Savings Participant shall be paid from Buyer’s Savings Plan trust.


More Definitions of SAVINGS TRANSFER DATE

SAVINGS TRANSFER DATE shall be the first day of the month following the --------------------- fifteenth day of the immediately preceding month by which Buyer has requested the transfer and Xxxxxx has received copies of the applicable Buyer favorable IRS determination letters (but which in no event shall be later than the date which is three (3) months following the Closing). In consideration of the transfer of assets hereunder, Buyer shall, as of the Closing Date, cause the Buyer Savings Plan to assume the liabilities for benefits payable to Savings Plans participants and beneficiaries in respect of participants for whom assets (including notes) are transferred.
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SAVINGS TRANSFER DATE shall be the first day of the month following a 15th day of a month by which BDPH has requested the transfer and Bordxx xxx received copies of the applicable favorable IRS determination letter; provided, however, that in no instance shall such date occur more than nine months after Closing. On the U.S.
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SAVINGS TRANSFER DATE shall have the meaning assigned thereto in Section 6.9(h).
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SAVINGS TRANSFER DATE shall be the last day of the month following the immediately preceding month in which Buyer has requested the transfer and Seller has received copies of the applicable favorable Buyer IRS determination letters. In consideration of the transfer of assets hereunder, Buyer shall, as of the Savings Transfer Date, cause the Buyer Savings Plan to assume the liabilities for benefits payable to Savings Plan participants and beneficiaries in respect of participants for whom assets (including notes) are transferred.
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SAVINGS TRANSFER DATE means the date on which assets and liabilities of the GEC Savings Plan and the GEC Savings Trust related to Berkel Savings Plan Participants are transferred to the Berkel Savings Plan and the Berkel Saving Trust. The Savings Transfer Date shall be a date no later than the first Friday following the expiration of the 60-day period immediately following Completion unless GAI and Purchaser agree in writing to an earlier or later date.
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Related to SAVINGS TRANSFER DATE

  • Reais Transfer Date means each Business Day of each calendar month following a Business Day when, as of the Balance Transfer Time for the Bond Administrator, there are available funds in the Collections Account for allocation in accordance with the Indenture.

  • Transfer Date means, in relation to a transfer, the later of:

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Service Transfer Date means the date of a Service Transfer;

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • the transfer date means 1 September 1989;

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Required Accumulation Reserve sub-Account Amount means, with respect to any Monthly Period during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2024-1) Notes as of the close of business on the last day of the preceding Monthly Period or (ii) any other amount designated by the Issuer; provided, however, that if such designation is of a lesser amount, the Note Rating Agencies shall have provided prior written confirmation that a Ratings Effect will not occur with respect to such change.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Medical savings account means an account exempt from federal income taxation pursuant to Section 220 of the United States Internal Revenue Code (26 U.S.C. § 220).

  • Distribution Date shall have the meaning set forth in Section 3(a) hereof.