Valuation Fund definition

Valuation Fund means a fund or index identified in writing by the Committee from time to time in accordance with Article VI that is used to determine the earnings (or loss) applicable to an Account.
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Examples of Valuation Fund in a sentence

  • Distributions shall be deemed to have been made proportionally from each of the Valuation Funds maintained within such Account based on the proportion that such Valuation Fund bears to the sum of all Valuation Funds maintained within such Account for that Participant as of the Determination Date immediately preceding the date of payment.

  • The determination of the increase or decrease in the performance of each Valuation Fund shall be made by the Committee in its reasonable discretion.

  • Upon notice to the Committee, Participants shall also be permitted to reallocate the balance in each Valuation Fund among the other available Valuation Funds as determined by the Committee.

  • Each Valuation Fund shall reflect the rate of return on a predetermined actual investment or a reasonable rate of interest.

  • If an award agreement does not specify the Valuation Fund for an Account, the Account shall be maintained as a stock unit subaccount.

  • Upon notice to the Committee, the Participant may also reallocate the balance in each Valuation Fund among the other available Valuation Funds as of the next succeeding Determination Date, but in no event shall such re-allocation occur more frequently than daily.

  • If a Participant fails to complete a Deferral and Investment Election Form on or before the first day of any Plan Year, the Participant shall be deemed to have elected not to make Elective Deferrals for such Plan Year; and amounts credited to a Participant’s cash subaccount with respect to which a Participant does not provide investment direction shall be assigned to the default Valuation Fund determined by the Committee, in its sole and absolute discretion.

  • Amounts credited to the cash subaccount shall deem to be invested in a Valuation Fund determined in accordance with procedures established by the Committee from time to time.

  • Upon notice to the Committee, the Participant may also reallocate the balance in each Valuation Fund among the other available Valuation Funds as of the next succeeding Determination Date.

  • Any amounts credited to a Participant’s cash subaccount with respect to which a Participant does not provide investment direction shall be credited with earnings based on a default Valuation Fund determined by the Committee, in its sole and absolute discretion.

Related to Valuation Fund

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Subaccount means any subaccount designated and established hereunder.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Investment Account As defined in Section 3.12(a).

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Direct Account : means any Account which is not an ISA Account.

  • Suspense Account means the account established by the Trustee for maintaining contributions and forfeitures which have not yet been allocated to Participants.

Most Referenced Clauses

Most Referenced Definitions