EARLY PAYMENT OPTION Sample Clauses

EARLY PAYMENT OPTION. (a) A Participant who has attained age 59-1/2 and who has not separated from Service [X] may [ ] may not obtain a distribution of his or her vested Employer contributions. (b) A Participant who has attained the Plan's Normal Retirement Age and who has not separated from Service [X] may [ ] may not receive a distribution of his or her vested account balance.

EARLY PAYMENT OPTION. At the request of the Seller the Buyer is entitled to pay a part of the funds in advance, even in the event of the Seller’s delay with delivery of partial deliverables to which the funds are actually pertaining. This option available to the Buyer may be exercised at his discretion, and in doing so the Buyer shall take into account (i) the value of the completed part of the Object of Purchase and the course of the handover procedure; (ii) the Seller’s plan submitted to the Buyer describing the Seller’s steps for prompt completion of the partial deliverables with which he may be in delay, as well as other follow-on deliveries as well as any risks associated with late payments in relation to the follow-on deliveries. The purpose of this Buyer’s option is to enable the Seller to proceed with his performance in order to fulfil his obligation to deliver the Object of Purchase while maintaining the appropriate standard of public funds management entrusted to the Buyer in accordance with the so-called “private debtor/creditor” principle. A payment of the amounts invoiced shall be understood to be effected on the day on which it was remitted to the Seller’s account, i.e. the invoice shall be considered to be paid for on the day when the invoiced amount is deducted from the Buyer’s account on behalf of the Seller’s account. The invoice issued by the Seller as a tax document must contain all information required by the applicable laws of the Czech Republic. Invoices issued by the Seller pursuant to this Contract shall, in accordance with relevant legislation, contain particularly the following data: business name / name and registered office of the Buyer; tax identification number of the Buyer; business name / name and registered office of the Seller; tax identification number of the Seller; serial number of the tax document; scope and subject-matter of the performance, i.e. quantity (extent) and nature of performance supplied or services rendered (including the reference to this Contract); date of issue of the tax document; date of the supply of goods or services or date of receipt of the payment on account, whichever comes sooner, in so far as they differ from the date of issue of the tax document – invoice; due date (payment deadline); price of the performance provided; number of the Buyer’s order; and a declaration that the invoiced performance is provided for the purposes of the project “Facility for Antiproton and Ion Research - participation of the Czech Repub...

EARLY PAYMENT OPTION. (a) A Participant who separates from Service prior to retirement, death or Disability [x] may [ ] may not make application to the Employer requesting an early payment of his or her vested account balance.

EARLY PAYMENT OPTION. (a) A Participant who separates from Service prior to retirement, death or Disability [x] may [ ] may not make application to the Employer requesting an early payment of his or her vested account balance. (b) A Participant who has attained age 59-1/2 and who has not separated from Service [x] may [ ] may not obtain a distribution of his or her vested Employer contributions. Distribution can only be made if the Participant is 100% vested. (c) A Participant who has attained the Plan's Normal Retirement Age and who has not separated from Service [x] may [ ] may not receive a distribution of his or her vested account balance. Prototype Cash or Deferred Profit- Sharing Plan #004 NOTE: If the Participant has had the right to withdraw his or her account balance in the past, this right may not be taken away. Notwithstanding the above, to the contrary, required minimum distributions will be paid. For timing of distributions, see item 21(a) below.

EARLY PAYMENT OPTION. (a) A Participant who separates from Service prior to retirement, death or Disability [ ] may [ ] may not make application to the Employer requesting an early payment of his or her vested account balance. (b) A Participant who has not separated from Service [ ] may [ ] may not obtain a distribution of his or her vested Employer contributions. Distribution can only be made if the Participant is 100% vested. (c) A Participant who has attained the Plan's Normal Retirement Age and who has not separated from Service [ ] may [ ] may not receive a distribution of his or her vested account balance.

EARLY PAYMENT OPTION. (a) A Participant who separates from Service prior to retirement, death or Disability |X| may |_| may not make application to the Employer requesting an early payment of his or her vested account balance. (b) A Participant who has attained age 59-1/2 and who has not separated from Service |X| may |_| may not obtain a distribution of his or her vested Employer contributions. Distribution can only be made if the Participant is 100% vested. Prototype Cash or Deferred Profit- Sharing Plan #001 (c) A Participant who has attained the Plan's Normal Retirement Age and who has not separated from Service |X| may |_| may not receive a distribution of his or her vested account balance.

EARLY PAYMENT OPTION. The Employer may allow early distributions at age 59-1/2 without separation from service by choosing (a), or at normal retirement age without separation from service by selecting (b). If these options have been permitted in the past, the Employer must continue to allow them.

EARLY PAYMENT OPTION. The Commonwealth agency shall have the right, during the term of the Installment Purchase, to exercise its option to purchase the equipment “as is with no additional warranty” early upon payment of an amount equal to the concluding payment option as of such date as set forth on the payment schedule and upon the giving of notice to the contractor or Initial Assignee (if applicable) of such intention of the Commonwealth at least thirty (30) days prior to the date upon which such right will be exercised. After all payments have been made pursuant to the payment schedule including any concluding payment option, the contractor or its assignees shall have no further interest in and to the equipment.

EARLY PAYMENT OPTION. (a) A Participant who separates from Service prior to retirement, death or Disability [X] may [ ] may not make application to the 13