CONTRIBUTIONS, ALLOCATIONS Clause Samples

CONTRIBUTIONS, ALLOCATIONS. You may allocate Contributions to, or transfer among the Investment Options available under this Contract. You need not allocate Contributions to each available Investment Option. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must total 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.
View SourceView Similar (6)
CONTRIBUTIONS, ALLOCATIONS. Contributions will be remitted on behalf of an Annuitant from the Owner (who may also be the Annuitant, if so stated in the Certificate.) The Owner will elect which Investment Options will be available under the Certificate issued to the Owner, subject to the terms of Section 2.04. Once this election is made, the Owner may only allocate Contributions to, or transfer among, these Options. The Owner may add or subtract Options after the Certificate is issued by sending Equitable a written request, but Equitable has the right to decline such request. The Owner will also elect how to allocate Contributions among the Options elected. If the Owner is not the Annuitant, the Owner may delegate to the Annuitant authority to allocate Contributions. The Owner need not allocate Contributions to each Option elected. The Owner may change the allocation instruction at any time by sending Equitable the proper form. Allocation percentages must be in whole numbers (no fractions) and must equal 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation instructions in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.
View SourceView Similar (3)
CONTRIBUTIONS, ALLOCATIONS. You elect which Investment Option will be available under the Contract subject to the terms of Section 2.03. Once this election is made, you may allocate Contributions to, or transfer among, only these Options. You may add or subtract Options by sending us a written request, but we have the right to decline your request. You also elect how to allocate Contributions among the Options chosen. If you are not the Annuitant, you may delegate to the Annuitant authority to allocate Contributions. You need not allocate Contributions to each Option available. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must equal 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.
View SourceView Similar (2)
CONTRIBUTIONS, ALLOCATIONS. The Owner will remit as Contributions all amounts maintained with respect to the Plan, unless AXA Equitable agrees otherwise in writing or unless such remittance is to cease pursuant to the terms of this Contract. Contributions remitted to the Contract must use an allocation method approved by AXA Equitable which shows the Source and the amount of each type of Contribution for each Participant. Each Contribution, less any applicable tax charge in accordance with Section 9.08, is allocated pursuant to the allocation instructions submitted in a form acceptable to AXA Equitable. Contributions made to a Variable Investment Option will be used to purchase Units in that Variable Investment Option on the Transaction Date.
View Source
CONTRIBUTIONS, ALLOCATIONS. In order for this Contract to take effect, the Annuitant must be living on the date we receive the initial Contribution. All Contributions must be paid by a check made payable to us, and drawn on a United States bank in United States dollars, or by any other method acceptable to us. You also elect how to allocate Contributions among the Investment Options. If you are not the Annuitant, you may delegate to the Annuitant authority to allocate Contributions. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must equal 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Variable Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.
View Source
CONTRIBUTIONS, ALLOCATIONS. The Participant or the Employer on the Participant's behalf will remit as Contributions hereunder all amounts maintained with respect to the Contract and all amounts directed thereto as contributions, unless Equitable agrees otherwise in writing or unless such remittance is to cease pursuant to the terms of this Contract. Rollover or direct transfer contributions may be made if and as permitted under the Plan. However, Equitable reserves the right to refuse other contributions such as non-deductible voluntary contributions. Equitable has the right to require a minimum aggregate amount of Contributions on an annual basis; the Application will specify if a minimum applies. If any such minimum amount requirement is not met, Equitable has the right to deem that a termination of Plan participation has occurred and to apply the terms of subsection (b) of Section 5.03. The Application states which Investment Options will be available under the Contract with respect to the Plan, subject to the terms of Section 2.04. Contributions may be allocated to, or transfers made among, these Options. Each Contribution is allocated (after deduction of any tax charge that may apply) in accordance with the allocation instructions submitted in a form acceptable to Equitable. Contributions made to an Investment Fund will be used to purchase Accumulation Units in that Fund, using the Accumulation Unit Value then available with respect to that Fund.
View Source
CONTRIBUTIONS, ALLOCATIONS. The Owner will remit as Contributions all amounts maintained with respect to the Plan, unless ▇▇▇▇▇▇▇▇▇ agrees otherwise in writing or unless such remittance is to cease pursuant to the terms of this Contract. Contributions remitted to the Contract must use a submission method approved by Equitable which shows the Source and the amount of each type of Contribution for each Participant. Each Contribution, less any applicable tax charge in accordance with Section 9.08, is allocated pursuant to the allocation instructions submitted in a form acceptable to Equitable, subject to the Section, “Funding Account Provisions”. Contributions made to a Variable Investment Option will be used to purchase Units in that Variable Investment Option on the Transaction Date.
View Source

Related to CONTRIBUTIONS, ALLOCATIONS

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Distributions and Allocations (i) Subject to Section 8.6(c), the Redeeming Partner shall have no right to receive any distributions that are paid after the Specified Redemption Date with respect to any Partnership Units redeemed pursuant to this Section 8.6. (ii) If any Partnership Interest is redeemed (other than pursuant to Section 8.6(c)) on any day other than the first day of a Fiscal Year, then Profit, Losses, each item thereof and all other items attributable to such Partnership Interest for such Fiscal Year shall be divided and allocated to the Redeeming Partner by taking into account the Redeeming Partner’s ownership of such Partnership Interest during the Fiscal Year in accordance with Section 706(d) of the Code, using the interim closing of the books method (unless the General Partner, in its sole and absolute discretion, elects to adopt a daily, weekly or monthly proration period, in which event Profits, Losses, each item thereof and all other items attributable to such redeemed Partnership Interest for such Fiscal Year shall be prorated based upon the applicable method selected by the General Partner).

  • Member Contributions Each Member and the Manager further acknowledges that it may contribute ideas, knowledge, know-how and, potentially, Confidential Information of such disclosing Member or the Manager to the Company, the employees, agents or contractors of the Company. Each disclosing Member or the Manager shall retain ownership of such Confidential Information but grants to only the Company, not to the individual(s) to whom the information was disclosed in his/her respective personal capacity(ies), the limited right to use such Confidential Information solely and exclusively for the benefit of the Company, and not any individual Member other than the disclosing Member; and each Member and the Manager other than the discloser promises and agrees to not use Confidential Information of a disclosing Member or the Manager for any purpose whatsoever except in connection with the Company and except with the written consent of both the disclosing Member and the Company. For purposes of this Section X, all references to the Company shall include its Affiliates.

  • Other Allocations Except as otherwise provided in this Agreement, all items of Partnership income, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Unit Holders in the same proportions as they share Profits or Losses, as the case may be, for the year.