Valuation Funds definition

Valuation Funds means one or more of the hypothetical investment funds or indices managed by an investment manager that are selected by the Committee. These Valuation Funds are used solely to calculate the Interest that is credited to each Participant's Account(s) in accordance with Article IV, below, and not represent, nor should they be interpreted to convey any beneficial interest or ownership on the part of the Participant in any asset or other property of the Company. Participants may allocate their Account(s) between Valuation Funds. Exhibit A attached hereto sets forth the available Valuation Funds which may be amended from time to time in the sole and absolute discretion of the Committee.
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Valuation Funds means one or more mutual funds designated as available under the Plan by the Committee from time to time.
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Valuation Funds means one or more of the independently established funds or indices that are identified and listed by the Committee. These Valuation Funds are used solely to calculate the Investment Performance that is credited to each Participant's Retirement and Withdrawal Accounts in accordance with Article IV below, and does not represent nor should it be interpreted to convey any beneficial interest on the part of the Participant in any asset or other property of the Company. The determination of the increase or decrease in the performance of each Valuation Fund shall be made by the Committee in its reasonable discretion. The Committee shall select the various Valuation Funds available to the Participants with respect to this Plan.
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Examples of Valuation Funds in a sentence

  • Instead, the 2013 Amendment provided that, effective as of January 1, 2013, CSC Plan participants’ account balances would be allocated by between one of four notional “Valuation Funds.” The Four Valuation Funds are (1) a Money Market Fund (2) a Core Bond Fund managed by Blackrock, (3) an S&P 500 Index Fund managed by Mellon Capital and (4) a series of Target Date Retirement Funds managed by State Street.

  • The Participant may also reallocate the balance in each Account among the available Valuation Funds as of the next succeedingDetermination Date.

  • Approve the planned maintenance contract renewal with HandiLift in the amount of 1,025.00 for Bogert/Reynolds and $1,250.00 for Cavallini for the 2018/19 school year.

  • The Deferral Commitment shall specify the Participant's initial allocation of the amounts deferred into each Account among the various available Valuation Funds.

  • Although the Committee shall have the obligation to credit or debit the Participant’s Account(s) with earnings, gains and losses in accordance with the Participant’s deemed investments in Valuation Funds, the Company, in its sole discretion, may invest the balance in each Account in any manner, in any amount and for any period of time which the Company in its sole discretion may select.

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

  • Such Allocation Form shall designate the proportion of each deferral of Compensation to be allocated to the Valuation Funds within that Account.

  • Valuation Funds shall be used solely to calculate the Interest credited or debited to a Participant’s Account(s) in accordance with Article IV, below, and do not represent, nor should their use be interpreted toconvey, any beneficial interest on the part of a Participant in any asset or other property of the Company.

  • Interest on the unpaid balance shall be based on the most recent allocation among the available Valuation Funds chosen by the Participant, made in accordance with Section 4.3, above.

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


More Definitions of Valuation Funds

Valuation Funds means the investment fund or funds, designated from time-to-time by the Committee, for crediting Earnings to each Participant’s Account in accordance with Article V. The Valuation Funds shall be the funds available under the PMI 401(k) Plan if no such funds are designated by the Committee.
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Valuation Funds means the funds selected by the Committee and listed on the attached Exhibit “A,” to be used as earnings indices described in Section 4.3. The Valuation Funds so listed on Exhibit “A” are subject to change from time to time as the Committee, in its sole discretion, deems necessary or appropriate. No provision of this Plan shall be construed as giving any Participant an interest in any of these Valuation Funds, nor shall any provision require the Employer or the Trustee to make any investment in any such funds.
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Valuation Funds means one or more of the independently established funds or indices that are identified by the Committee and may be designated by Participants and Beneficiaries, from time to time, as the basis for calculating the Earnings that are credited to each of the Participant's or Beneficiary's Deferred Cash Compensation Accounts and 401(k) Make-Up Contributions Account in accordance with Article 5.
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Valuation Funds means the investment options designated for purposes of crediting earnings or losses to Participant Accounts pursuant to Section 4.03.
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Related to Valuation Funds

  • Levy reduction funds means increases in state funds from

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

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

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Separate Accounts means the accounts which are to be prepared for each

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

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

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Latest Accounts means, in respect of any financial quarter or year of the Group, the latest unaudited (in respect of each financial quarter) or audited (in respect of each financial year) financial statements required to be prepared pursuant to clause 8.1.6;

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.