Contribution Amount. (a) The Employer will make periodic contributions to the Plan in accordance with the contribution formula or formulas elected in the Adoption Agreement.
Contribution Amount. The Employer shall make periodic contributions to the Plan in accordance with the contribution formula or formulas elected in the Adoption Agreement. The Employer’s contribution (if any) may consist of (1) cash; (2) qualifying Employer securities or qualifying Employer real property as defined in Section 407(d) of ERISA, provided the acquisition of such qualifying Employer securities or qualifying real property securities satisfies the requirements of Section 408(e) of ERISA; or (3) any other unencumbered property that is permitted under Code Section 4975 and is subject to the consent of the Trustee and/or the Custodian made to the Plan on a discretionary basis. No contribution of property may be made to any Plan established hereunder which would result in a prohibited transaction. The Employer shall also make Matching Contributions, Top-Heavy minimum contributions and any other Employer contribution for the benefit of Participants who are covered by USERRA. Employer Matching Contributions under USERRA shall be made in the Plan Year for which the Participant exercises his or her right to make-up Elective Deferrals, Xxxx Elective Deferrals and/or other Employee contributions for prior years. Top-Heavy minimum contributions and other Employer contributions for USERRA protected Service shall be made during the Plan Year in which the individual returns to employment with the Employer. Employer contributions required under USERRA are not increased or decreased with respect to Plan investment earnings for the period to which such contributions relate. The Employer’s contribution for any Plan Year shall be subject to the limitations on allocations contained in Article X. If the Employer’s Non-Elective Contribution utilizes permitted disparity the following rules shall apply, as determined by the election made by the Employer in the Adoption Agreement. Only one plan maintained by the Employer may provide for permitted disparity. Any Plan utilizing a Safe Harbor formula may not apply the Safe Harbor Contribution to the integrated allocation formula.
Contribution Amount. Principals/assistant principals must make a contribution of $2000 each year of the agreement year to receive the maximum District match.
Contribution Amount. The City’s contribution towards each employee’s flexible benefit account is as follows: Effective on the first day of the month following City Council approval of this MOU – two thousand one hundred and nineteen dollars ($2,119.00) per month. This amount is inclusive of the CalPERS statutory minimum amount for each year.
Contribution Amount. Landlord shall make a dollar contribution (“Landlord’s Contribution”) in the amount of Seventy-Three Thousand, Two Hundred fifty-one Dollars ($73,251.00) (which is Twenty-Seven Dollars ($27.00) per square foot of Usable Area of the of the Expansion Space) for application to the extent thereof to the cost of the Work. If the cost of the Work exceeds Landlord’s Contribution, Tenant shall have sole responsibility for the payment of such excess cost except that Landlord shall be responsible for any such excess costs to the extent caused by negligence or willful misconduct of the Landlord Parties or breach of this Lease by Landlord. If the cost of the Work is less than Landlord’s Contribution, Tenant shall not be entitled to any payment or credit for such excess amount. Notwithstanding anything herein to the contrary, Landlord may deduct from Landlord’s Contribution any amounts due Landlord or its architects or engineers under this Work Letter Agreement before disbursing any other portion of Landlord’s Contribution. Tenant to be responsible for the installation of HVAC monitoring equipment at their sole cost.
Contribution Amount. The term “Contribution Amount” shall have the meaning set forth in Section 2.1.
Contribution Amount. A selling Holder’s “Maximum Contribution Amount” shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Notes held by each Holder hereunder and not joint. The Issuers’ and Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.
Contribution Amount. (a) The aggregate consideration deliverable to the Contributors for the contribution of the Shares shall consist of: (i) Beneficiary Shares worth Seven Million Euros (€7,000,000) (the “Initial Contribution Amount”) and if delivered (ii) an additional number of Beneficiary Shares worth One Million Eight Hundred Eighteen Thousand Eighty Eight Euros (€1,818,088) deliverable on or before Additional Contribution Payment Deadline (the “Additional Contribution Amount”; the Initial Contribution Amount, together with the Additional Consideration Amount, if issued, the “Contribution Amount”); provided, however, that the Beneficiary shall only be obligated to deliver the Additional Contribution Amount if Scomedica’s Net Revenue for the twelve months ending December 31, 2012 equals or exceeds Eight Million Euros (€8,000,000), in which case the Additional Contribution Amount shall become deliverable on the Additional Contribution Payment Deadline. The Contribution Amount shall be delivered by the Beneficiary in newly issued, unregistered shares of common stock of Beneficiary (“Beneficiary Shares”), valued at the volume-weighted average price of Beneficiary’s common stock on the NASDAQ Capital Market for the ten (10) trading days immediately preceding (i) for the Initial Contribution Amount, the Closing, (ii) for the Additional Contribution Amount, the Additional Contribution Payment Deadline, or if earlier, the date of issuance of the Beneficiary Shares representing the Additional Contribution Amount, and (iii) for the reimbursement and indemnification payments provided for in Section 7.03 and Section 9.07, (x) the Closing, to the extent such payments are made within a period of six (6) months as from the Closing or (y) the date such reimbursement or indemnification payments are due and payable to the extent such payments are made following the aforementioned six (6) month period (each the “Applicable Trading Price”). The number of Beneficiary Shares issuable hereunder shall be rounded down to the next lowest whole number of shares. For further clarity, the Applicable Trading Price shall equal the sum of the products obtained by multiplying (x) the average of the high and low trading prices per share of Beneficiary’s common stock for each of the relevant trading days by (y) a fraction, the numerator of which is the number of shares traded on such market on such trading day, and the denominator of which is the total number of shares traded on such market during the appl...
Contribution Amount. (a) The amount of Investor's contribution to the Joint Venture at Closing for the Interests shall be an amount equal to (i) eighty percent (80%) of the excess of (a) the Agreed Value of each First Closing Facility which the Joint Venture acquires an interest in, thereafter sells and leases back pursuant to the Lease Documentation, over (b) the outstanding principal balance due on the Senior Financing as of the First Closing Date and (ii) eighty percent (80%) of a $50,000 working capital reserve for each Facility pursuant to the terms of the Venture Agreement. The amount contributed by Investor shall be subject to adjustment as provided in Section 2.5 below and shall be increased by Investor's share of the closing costs to be borne by the Joint Venture as hereinafter set forth. The total amount to be contributed by the Investor to the Joint Venture on the First Closing Date (hereinafter, the "CONTRIBUTION") shall be paid by wire transfer of immediately available funds to the Title Insurer (as defined in Section 7.3). Less than all the Facilities may be acquired on the First Closing Date, as set forth in Section 3.3 below.
Contribution Amount. 1. The employer owes an annual contribution per calendar year for the benefit of the Foundation on their gross wage bill for social insurance in the current year, on the understanding that the tax base per employee is no more than the maximum daily wage on which the contribution is due applicable for that year reduced to an annual amount pursuant to the Social Insurance Financing Act (Wfsv). The employer owes an annual contribution of 0.86% of the aforementioned wages.
