Sentences with phrase «payable by reason»
The term «death benefit» means the amount payable by reason of the death of the insured (determined without regard to any qualified additional benefits).
https://www.law.cornell.edu/ Not exact matches
Benefits, including employee contributions, are not payable for employee hardships, unforeseeable emergencies, loans, medical expenses, educational expenses, purchase of a principal residence, payments necessary to prevent eviction or foreclosure on an employee's principal residence, or any other reason except a requested distribution for retirement, a mandatory de minimis distribution authorized by the administrator, or a required minimum distribution provided pursuant to the Internal Revenue Code.
On April 18, 2018, the Ontario Superior Court of Justice released its reasons in Ontario Securities Commission v. Bluestream Capital Corporation which is a useful illustration of the Ontario Securities Commission (OSC)'s power to garnish funds held by victims of investment fraud that are payable as debts to the perpetrator of the fraud.
The policy reasons are easy to understand: any reduction in tax paid by the borrower in a wholly domestic scenario would be compensated for by additional tax payable by the lender.
The only reason buyer brokers get paid by the seller is that every listing commission negotiation includes two commissions, the fee payable to the listing broker and the fee «offered» to be applied towards the agreed upon buyer broker fee (agreed upon between the buyer and the buyer broker).