Section 468A definition

Section 468A means that section of the Code, as it may be amended from time to time, and any successor provision thereto, and the regulations promulgated thereunder. “Section 4951” shall mean that section of the Code, as it may be amended from time to time, and any successor provision thereto, and the regulations promulgated thereunder.
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Section 468A means Section 468A of the Code, and any regulations and rulings of the Service thereunder, as Section 468A and regulations may be amended, and any successors thereto.
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Examples of Section 468A in a sentence

  • The Trustee and the Company understand that the contributions made by the Company and allocated to a Trust from time to time may subsequently be determined to exceed the amounts determined pursuant to Section 468A of the Code and paragraph (c)(2)(ii) of § 1.468A-5T thereunder (any such excess being hereinafter referred to as an "Excess Contribution").

  • The purpose of this Trust Agreement is to provide funds for the contemplated decommissioning of the Plants listed on the separate Schedules attached hereto and to comply with the Illinois Statute, the Iowa Statue, the NRC Rule and any Future Orders, and to constitute "nuclear decommissioning reserve funds" within the meaning of Section 468A.

  • This Agreement may not be amended in a manner that would violate Code Section 468A or the regulations thereunder.

  • The assets of the Trusts may be used only in a manner that is authorized by Code Section 468A and the regulations thereunder.

  • The purpose of this Trust is to provide funds for the contemplated decommissioning of the Kewaunee Plant, to comply with the PSCW Order, to constitute a nuclear decommissioning reserve fund within the meaning of Section 468A of the Code, any applicable successor provision and the regulations thereunder, and to comply with any Future Orders.

  • In all cases, distributions of any Excess Contri bution shall not be made unless Settlor furnishes Trustee with an opinion of legal counsel to the effect that such distribution will not result in disqualification of the Trust Fund from the applica tion of Section 468A of the Code or constitute a violation of the PSCW Order or any Future Order and that all necessary consents and approvals to such distribution have.been obtained.

  • Notwithstanding anything herein to the contrary, any investment authorization with respect to the Qualified Funds shall at all times be limited to investments permitted under Code Section 468A and the regulations thereunder.

  • There are separate Master Trust Agreements maintained by the Companies for the qualified trusts, contributions to which qualify for income tax deductions under Section 468A of the Internal Revenue Code, and for the nonqualified trusts which hold the remaining funds for Decommissioning.

  • The exclusive purposes of this Master Trust are to hold funds for the contemplated decommissioning of the Plants, to constitute qualified and nonqualified Nuclear Decommissioning Reserve Funds for the Plants (the Qualified Funds being established pursuant to Section 468A of the Code, any applicable successor provisions and the regulations thereunder) and to comply with any Order.

  • To incur and pay any and all charges, taxes, and expenses upon or connected with this Trust or the Trust Fund in the discharge of its fiduci ary obligations under this Agreement, but to charge said amounts to the Trust Fund only to the extent that such-amounts are direct ed to be paid from the Trust Fund by the Settlor or may be incurred and paid from the Trust Fund without causing the Trust Fund to become disqualified from the application of Section 468A of the Code or any applicable successor provisions.

Related to Section 468A

  • Section 4(2) shall have the meaning set forth in the recitals of this Agreement.

  • Section 385 Expanded Group shall have the meaning set forth in Treasury Regulation Section 1.385-1(c)(4) for an “expanded group”.

  • Section 510(b) Claim means any Claim against the Debtors arising from rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors, for damages arising from the purchase or sale of such a security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Section 504 Plan means a student’s individualized plan developed by the student’s Section 504 multidisciplinary team after a pre-placement evaluation finding the student is disabled within the meaning of Section 504 and its implementing regulations.

  • Section means a section of the Act;

  • Section 510(b) Claims means any Claim against a Debtor arising from rescission of a purchase or sale of an equity security of the Debtors or an Affiliate of the Debtors for damages arising from the purchase or sale of such an equity security or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.

  • Section 338 Forms has the meaning set forth in Section 6.5(d).

  • Section 504 means section 504 of the Act.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

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

  • Section 8 means Section 8(c)(2)(A) of the United States Housing Act of 1937, as amended.

  • Section 102 means section 102 of the Ordinance and any regulations, rules, orders or procedures promulgated thereunder as now in effect or as hereafter amended.

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.

  • Section 382 means Section 382 of the Code, or any comparable successor provision.

  • Section 502(b)(10) changes means changes that contravene an express permit term or condition. Such changes do not include changes that would violate applicable requirements or contravene federally enforceable permit terms and conditions that are monitoring (including test methods), recordkeeping, reporting, or compliance certification requirements.

  • Non-Section 423 Component means those Offerings under the Plan, together with the sub-plans, appendices, rules or procedures, if any, adopted by the Administrator as a part of this Plan, in each case, pursuant to which rights to purchase Shares during an Offering Period may be granted to Eligible Employees that need not satisfy the requirements for rights to purchase Shares granted pursuant to an “employee stock purchase plan” that are set forth under Section 423 of the Code.

  • Section 423 Component means those Offerings under the Plan, together with the sub-plans, appendices, rules or procedures, if any, adopted by the Administrator as a part of this Plan, in each case, pursuant to which rights to purchase Shares during an Offering Period may be granted to Eligible Employees that are intended to satisfy the requirements for rights to purchase Shares granted pursuant to an “employee stock purchase plan” that are set forth under Section 423 of the Code.

  • Change in 1940 Act Law shall have the meaning set forth in the definition of "Investment Company Event."

  • Section 1110 means Section 1110 of the Bankruptcy Code.

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

  • Section 415 Compensation means:

  • Section 404 means Section 404 of the Sarbanes-Oxley Act of 2002 and the SEC’s rules and regulations promulgated thereunder.

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • Independent Qualified Party means an investment banking firm, accounting firm or appraisal firm of national standing; provided, however, that such firm is not an Affiliate of the Company.

  • Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.