CONTRIBUTIONS BY COMPANY Sample Clauses

CONTRIBUTIONS BY COMPANY. For each Employee covered by the Pension Plan the Company shall contribute the equivalent of three and a half percent (3.5%) of his/her earnings as defined in the Collective Agreement. CONTRIBUTIONS - BY EMPLOYEE Every Employee covered by the Pension Plan shall contribute three and a half percent (3.5%) of his/her earnings as defined in the Collective Agreement, to be deducted from the first pay cheque of each fiscal month.
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CONTRIBUTIONS BY COMPANY. Section 1 Effective January 1, 1998, the Company shall make a contribution to the fund equal to ten (10 cents) multiplied by the total number of regular shift hours worked by all employees for such pay period.
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CONTRIBUTIONS BY COMPANY a) Company Contributions (1) Commencing with the pay period beginning July 23, 2006 and with respect to each pay period thereafter, for which the applicable trust fund amount is less than the figure shown in Column A, the Company shall make a contribution to the Fund of an amount to be determined by multiplying the applicable figure in Column B by the total number of hours for which employees shall have received pay from the Company for such pay period (or such lesser amount as will bring the total market value of the Fund to the then applicable trust fund amount in Column A, an which case the remainder of said total number of hours shall be multiplied by the next lower figure in the applicable Column B). Column A Column B $150 $0.21 $300 $0.19 $450 $0.17 $550 $0.15 $650 $0.13 $750 $0.11 (2) In addition to the contributions otherwise required by this Article, the Company shall contribute to the Fund the amount of any automatic short week and special short week benefits paid from the Fund as scheduled short work week benefits for any pay periods for which the trust fund amount is less than $180. (3) Notwithstanding any other provisions of this Agreement, the Company shall not be obligated to make any contribution to the Fund with respect to any pay period for which the applicable trust fund amount is more than $750, and no contribution to the Fund for any pay period shall be in excess of the amount necessary to bring the total market value of the assets in such Fund up to $750.
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CONTRIBUTIONS BY COMPANY. Section Company Contributions Commencing with the pay period beginning December and with respect to each pay period thereafter, for which the applicable Trust Fund Position of the Fund is less than the Company shall make a contribution to Fund of an amount to be determined by multiply- ing six cents by the total numb& of hours for which employees shall have received pay from the Company for such pay period (or such lesser amount as will bring the total market value of the assets in the General Fund up to the Funding for such Fund). Commencing with the pay period beginning De- cember and with respect to each pay Amount than the shown in Column A, the Company shall make a contribution to the Fund of an amount to be determined multiplying the applicable figure in Column B the total number of hours for which employees shall have received pay from the Company for such such lesser amount as will bring the total value of the Fund to the then-applicable Trust Fund Amount in Column A, in case, the remainder of said total number of hours shall be multiplied by the next lower fig- ure in the applicable Column Column A or less or less or less or less or less or less Column B Notwithstanding any other provisions of this Agreement, the Company shall not be obligated to make any contribution to the Fund with respect to any period for which the applicable Trust Fund Position of such Fund is or more, and no contribution to the Fund for any pay period shall be in excess of the amount necessary to bring the total market value of the assets in such Fund up to the Maximum Funding for such Fund. Section When Contributions Are Payable Contributions by the Company to the fund shall be made on or before the close of business on the first regularly scheduled work day in the calendar week following the pay day for the work week with respect to which contribution is being made. Except that in periods in which the Trust Fund Position equals or exceeds weekly contribu- tions may be accumulated and made on or before the close of business in the first regularly sche- duled work day of the calendar week in which the Friday used for determining the Trust Fund Position falls.
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Related to CONTRIBUTIONS BY COMPANY

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Limitations on Contributions By executing this Agreement, Contractor acknowledges its obligations under Section 1.126 of the City’s Campaign and Governmental Conduct Code, which prohibits any person who contracts with, or is seeking a contract with, any department of the City for the rendition of personal services, for the furnishing of any material, supplies or equipment, for the sale or lease of any land or building, for a grant, loan or loan guarantee, or for a development agreement, from making any campaign contribution to (i) a City elected official if the contract must be approved by that official, a board on which that official serves, or the board of a state agency on which an appointee of that official serves, (ii) a candidate for that City elective office, or (iii) a committee controlled by such elected official or a candidate for that office, at any time from the submission of a proposal for the contract until the later of either the termination of negotiations for such contract or twelve months after the date the City approves the contract. The prohibition on contributions applies to each prospective party to the contract; each member of Contractor’s board of directors; Contractor’s chairperson, chief executive officer, chief financial officer and chief operating officer; any person with an ownership interest of more than 10% in Contractor; any subcontractor listed in the bid or contract; and any committee that is sponsored or controlled by Contractor. Contractor certifies that it has informed each such person of the limitation on contributions imposed by Section 1.126 by the time it submitted a proposal for the contract, and has provided the names of the persons required to be informed to the City department with whom it is contracting.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Charitable Contributions Make any charitable or similar contributions, except in amounts not to exceed five thousand dollars ($5,000) individually, and twenty thousand dollars ($20,000) in the aggregate.

  • Contributions to Capital (a) The minimum initial Capital Contribution of each Limited Partner will be $100,000 or such other amount as the General Partner determines from time to time. The amount of the initial Capital Contribution of each Partner will be recorded by the Partnership upon acceptance as a contribution to the capital of the Partnership. Each Limited Partner’s entire initial Capital Contribution will be paid to the Partnership immediately prior to the Partnership’s acceptance of the Limited Partner’s subscription for Units, unless otherwise agreed by the Partnership and such Limited Partner. (b) The Limited Partners may make additional Capital Contributions effective as of those times and in amounts as the General Partner may permit, but no Limited Partner will be obligated to make any additional Capital Contribution except to the extent provided in Sections 5.4 and 5.5 of this Agreement. Each additional Capital Contribution made by a Limited Partner (other than a contribution made pursuant to Section 5.3 or Section 5.5 of this Agreement) will be in the minimum amount of $25,000 or such other amount as the General Partner determines from time to time. (c) A General Partner may make additional Capital Contributions effective as of those times and in such amounts as it determines, and will be required to make additional Capital Contributions from time to time to the extent necessary to maintain the balance of its Capital Account at an amount, if any, necessary to ensure that the Partnership will be treated as a Partnership for U.S. federal income tax purposes. Except as provided in this Section 5.1 or in the Delaware Act, no General Partner will be required or obligated to make any additional contributions to the capital of the Partnership. (d) Subject to the provisions of the 1940 Act, and except as otherwise permitted by the General Partner, (1) initial and any additional Capital Contributions by any Partner will be payable in cash or in Securities that the General Partner, in its absolute discretion, causes the Partnership to accept, and (2) initial and any additional Capital Contributions in cash will be payable in readily available funds at the date of the proposed acceptance of the contribution. The Partnership will charge each Partner making a Capital Contribution in Securities to the capital of the Partnership an amount as may be determined by the General Partner to reimburse the Partnership for any costs incurred by the Partnership by reason of accepting the Securities, and any charge will be due and payable by the contributing Partner in full at the time the Capital Contribution to which the charges relate is due. The value of contributed Securities will be determined in accordance with Section 7.3 of this Agreement as of the date of contribution. (e) An Advisor may make Capital Contributions and own Units in the Partnership and, in so doing, will become a Limited Partner with respect to the contributions. (f) The minimum initial and additional contributions set out in paragraphs (a) and (b) of this Section 5.1 may be increased or reduced by the General Partner from time to time. Reductions may be applied to all investors, individual investors or to classes of investors, in each case in the sole discretion of the General Partner.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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