Rollover Provisions Clause Samples

Rollover Provisions. At such time as the California State law has been revised, LACERS will be allowed to accept a rollover from the Pension Savings Plan provided that it is in conformance with both Federal and State law.
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Rollover Provisions. The Employer will permit rollover contributions in accordance with Section 4.12 of the Plan: ❒✔ Yes ❒ No (“Yes” is the default provision under the Plan if no selection is made.)
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Rollover Provisions. 5.1 The Transmission Provider has coordinated this grant of service with the other ITS co-owners who rely upon the same transmission facilities and independently receive requests for transmission service. Therefore, the Transmission Customer's rights to roll over this transmission service in accordance with Section 2 of the Transmission Provider’s tariff, in whole or in part, is expressly conditioned upon the availability of sufficient transmission capacity after all earlier-queued competing requests for transmission service on the ITS, if any, have been accommodated. 5.2 The ITS co-owners each have unilateral rights to terminate various agreements governing the ITS provided the effective date of termination is after 12/31/2012 and five years prior notice is given. Therefore, the Transmission Customer’s right to take service under this agreement after 12/31/2012 is expressly conditioned upon Transmission Provider’s continued participation in the ITS and the continued existence of the ITS in substantially the form it exists today. This Service Agreement shall not be construed to limit Transmission Provider’s, or any other ITS co-owners’, rights to terminate agreements governing the ITS. If agreements governing the ITS are terminated or renegotiated by one or more of the ITS co-owners, this Service Agreement shall not obligate Transmission Provider to enter a successor arrangement to the ITS or to seek any particular form of successor arrangement to the ITS. 5.3 Furthermore, the Transmission Provider may determine that insufficient capacity exists to accommodate both the future roll over by the Transmission Customer of this Service Agreement and to provide service to Transmission Customers having an earlier-queued request for transmission service or to serve MEAG Power’s native load. Therefore, the Transmission Customer's right to continue to take transmission service hereunder, in whole or in part, is expressly conditioned on the availability of sufficient transmission capacity after the following Transmission Customers exercise their rights to transmission service or roll over their respective service agreements: 1) MEAG Power’s Official Native Load Forecast 2) 5.4 Upon receipt of a request from the Transmission Customer to roll over the transmission service provided under this Service Agreement, in accordance with Section 2 of the Transmission Provider’s tariff, the Transmission Provider will notify the Transmission Customer which, if any, of the above li...
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Rollover Provisions. 18.01 This Article applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a Distributee's election under this Article a Distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the Distributee in a Direct Rollover.
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Rollover Provisions. 1. The Employer will permit rollover contributions in accordance with Section 4.13 of the Plan: ❒✔ Yes ❒ No (“Yes” is the default provision under the Plan if no selection is made.) 2. The Plan will accept a direct rollover contribution to a Designated ▇▇▇▇ Account as permitted in Section 20.05(b) ❒✔ Yes ❒ No (“Yes” is the default provision under the Plan if no selection is made.) 3. The Plan will allow In-Plan ▇▇▇▇ Conversions as provided in Section 20.06 (401(k) plans with ▇▇▇▇ feature only): ❒✔ Yes ❒ No (“Yes” is the default provision under the Plan if no selection is made.) 4. Direct rollovers by non-spouse beneficiaries are effective for distributions after 2006 unless the Plan delayed making them available. If the Plan delayed making such rollovers available, check the box below and indicate the later effective date in the space provided. ❒ Effective Date is .
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Related to Rollover Provisions

  • Lock-Up Provisions (a) The Subject Party hereby agrees not to, during the period commencing from the Closing and ending on the earliest of (x) six (6) months after the date of the Closing and (y) the date after the Closing on which the Purchaser consummates a liquidation, merger, capital stock exchange, reorganization, or other similar transaction with an unaffiliated third party that results in all of the Purchaser’s stockholders having the right to exchange their shares of the Purchaser Common Stock for cash, securities, or other property (the “Lock-Up Period”): (i) lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any Restricted Securities, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Restricted Securities, or (iii) publicly disclose the intention to do any of the foregoing, whether any such transaction described in clauses (i), (ii), or (iii) above is to be settled by delivery of Restricted Securities or other securities, in cash or otherwise (any of the foregoing described in clauses (i), (ii), or (iii), a “Prohibited Transfer”). (b) The foregoing shall not apply to the transfer of any or all of the Restricted Securities (I) to any Permitted Transferee or (II) pursuant to a court order or settlement agreement related to the distribution of assets in connection with the dissolution of marriage or civil union; provided, however, that in either of cases (I) or (II), it shall be a condition to such transfer that such transfer complies with the Securities Act of 1933, as amended, and other applicable law, and that the transferee executes and delivers to the Purchaser an agreement stating that the transferee is receiving and holding the Restricted Securities subject to the provisions of this Agreement applicable to the Subject Party, and there shall be no further transfer of such Restricted Securities except in accordance with this Agreement. As used in this Agreement, the term “Permitted Transferee” shall mean: (1) the members of the Subject Party’s immediate family (for purposes of this Agreement, “immediate family” shall mean with respect to any natural person, any of the following: such person’s spouse or domestic partner, the siblings of such person and his or her spouse or domestic partner, and the direct descendants and ascendants (including adopted and step children and parents) of such person and his or her spouses or domestic partners and siblings), (2) any trust for the direct or indirect benefit of the Subject Party or the immediate family of the Subject Party, (3) if the Subject Party is a trust, to the trustor or beneficiary of such trust or to the estate of a beneficiary of such trust, (4) in the case of an entity, officers, directors, general partners, limited partners, members, or stockholders of such entity that receive such transfer as a distribution, or related investment funds or vehicles controlled or managed by such persons or their respective affiliates, (5) to any affiliate of the Subject Party, and (6) any transferee whereby there is no change in beneficial ownership. The Subject Party further agrees to execute such agreements as may be reasonably requested by the Purchaser that are consistent with the foregoing or that are necessary to give further effect thereto.

  • SAVINGS PROVISIONS If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

  • Anti-Takeover Provisions The Company is not party to a shareholder rights agreement, “poison pill” or similar agreement or plan. The Company Board has taken all necessary action so that any takeover, anti-takeover, moratorium, “fair price”, “control share” or other similar Laws enacted under any Laws applicable to the Company (each, a “Takeover Statute”) does not, and will not, apply to this Agreement or the Transactions other than the CICL.

  • Put Provisions Upon a Change of Control, any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a repurchase price equal to 101% of the principal amount of the Securities to be repurchased plus accrued interest to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the related interest payment date) as provided in, and subject to the terms of, the Indenture.

  • Other Contribution Provisions In the event that any Partner is admitted to the Partnership and is given a Capital Account in exchange for services rendered to the Partnership, unless otherwise determined by the General Partner in its sole and absolute discretion, such transaction shall be treated by the Partnership and the affected Partner as if the Partnership had compensated such partner in cash and such Partner had contributed the cash to the capital of the Partnership. In addition, with the consent of the General Partner, one or more Limited Partners may enter into contribution agreements with the Partnership which have the effect of providing a guarantee of certain obligations of the Partnership.