Distribution Guidelines Clause Samples
The Distribution Guidelines clause sets out the rules and procedures for how products, funds, or information are to be distributed among parties involved in an agreement. It typically details the timing, method, and proportions of distribution, such as specifying when payments are made to stakeholders or how goods are allocated among recipients. By establishing clear expectations and processes, this clause helps prevent disputes and ensures that all parties understand their entitlements and responsibilities regarding distribution.
Distribution Guidelines. ADP will be responsible for the accuracy, completeness, and timely availability of meeting notice, ballots and agenda data on the Consolidated Datafeed that are generated, in keeping with ADP’s normal standards for delivery of such information.
Distribution Guidelines. (a) The Trustee may, at its discretion, disburse trust income or principal to purchase property or service for each Beneficiary, consistent with the purpose and objective of this Trust. Disbursements shall be made according to the interests and needs of each Beneficiary, taking into account the services and financial resources available to him or her from any sources.
(b) The Beneficiary’s future needs may be considered by the Trust in connection with disbursements made.
(c) In determining a Beneficiary’s eligibility for any public benefits, no part of the principal or undistributed income of the Beneficiary’s individual sub-account shall be considered available to the Beneficiary. In the event the Trust is requested to release principal or income of the Trust to or on behalf of a Beneficiary to pay for equipment, medication, or services which any government agency is authorized to provide, or in the event the Trust is requested to petition the court or any other administrative agency for the release of trust principal or income for this purpose, the Trustee is authorized to deny such request and is authorized, in the Trustee’s discretion, to take whatever administrative or judicial steps may be necessary to continue a Beneficiary’s eligibility for benefits including obtaining instructions from a court of competent jurisdiction ruling that the sub-account is not available to a Beneficiary for eligibility purposes. Any expenses of the Trustee in this regard, including reasonable attorney’s fees, shall be a proper charge to the individual sub-account.
(d) The Trustee, in its sole discretion, may make any payment under the Trust (1) directly to a Beneficiary, (2) to any person deemed suitable by Trustee, (3) by direct payment of a Beneficiary’s expenses, or (4) in any form allowed by law.
(e) The Beneficiary’s needs shall supersede the interests of all remainder beneficiaries recognized under the individual Beneficiary’s sub-account.
(f) The Trustee may seek the advice and assistance of any guardians, care-takers, advocates or legal representatives of the Beneficiary, or others, including any federal, state, and local agencies that are established to assist people with disabilities. The Trustee may use available resources to assist in identifying programs that may be of legal, social, financial, developmental, or other assistance to Beneficiaries. The Trustee shall not, in any event, be liable to any Beneficiary for failure to identify all programs or resourc...
Distribution Guidelines. Broadridge will be responsible for the accuracy, completeness, and timely availability of meeting notice, ballots and agenda data on the Consolidated Datafeed that are generated, in keeping with Broadridge’s normal standards for delivery of such information.
Distribution Guidelines. The purpose of this fund is to provide tuition, fees and educational materials for students at Kennebec Valley Community College.
Distribution Guidelines. Notwithstanding anything in this Agreement or the Fund Regulation to the contrary, the Administrator, the Manager and the Fund shall cause distributions to be made pursuant to Article 8 and Article 10 above that are consistent with the terms set forth below. The amounts, if any, payable to the Manager are being paid as a result of the management efforts of The Founder pursuant to the provisions set forth below and are being paid to the Manager by the Fund as a management and performance fee, which for United States’ income tax purposes shall be treated as partnership interests.
Distribution Guidelines