Notify NBS of Plan Changes Sample Clauses

Notify NBS of Plan Changes. Plan Sponsor must notify NBS of Plan changes (Participant or benefit changes) prior to the effective date of the change. For changes which require document amendment, written notice shall be provided not less than thirty (30) days prior to the start of the plan year or effective date of the amendment. For Participant information changes (including addition of a new Participant or modification of the information for an existing Participant), notice must be received by NBS not less than fifteen (15) days prior to implementation. NBS will include in its calculation of per-participant billing for a given month any Participants who are listed as active as of the first day of the month billed, including Participants have not been reported to NBS as terminated at least ten (10) days prior to the end of the prior month. As used in this subsection, “active Participants” shall mean any Participant identified in the NBS administration system as being eligible to receive Plan benefits on any day of the month billed, including, but not limited to, individuals with positive account balances during the Plan’s claim run-out period or, where applicable, during any a roll-over period, regardless of whether the Participant has elected to receive benefits for the current plan year.
View Source

Related to Notify NBS of Plan Changes

  • Plan Changes In the event the Employer modifies its current benefit plans, or provides an alternative plan(s), the Employer will review the plan changes with the Union prior to implementation. The Employer shall notify the Union at least ninety (90) days prior to the intended implementation date. The implementation date is the effective date of the new plan.

  • Implementation of Corrective Action Plan After the Corrective Action Plan is finalized, the Purchasers shall use reasonable best efforts to implement the finalized Corrective Action Plan on the timeline set forth therein and provide periodic reports (as provided for therein) to the Sellers on the status of their implementation of the Corrective Action Plan.

  • Service Changes PBI may modify its Service by giving written notice to you (a “Service Change Notice”), which will state whether the change is material. After receiving a Service Change Notice, if the change is material, you may terminate Service by giving us a termination notice at the address indicated in Section 21 or you may create a case at ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇/▇▇▇▇▇▇▇-▇▇.▇▇▇▇ (follow the instructions under “how to create a case”).

  • Changes in Accounting Procedures Any resolution passed by the Board of Trustees that affects accounting practices and procedures under this Agreement shall be effective upon written receipt of notice and acceptance by USBFS.

  • Business Changes Change in any material respect the nature of the business of the Borrower or its Subsidiaries as conducted on the Effective Date.