Contributions by Members. If the Adoption Agreement so provides, each Member may elect to make non-deductible, after-tax contributions under the Plan, based on increments of 1% of his Salary, provided the amount thereof, when aggregated with the amount of any pre-tax effective deferrals, does not exceed the limit established by the Employer in the Adoption Agreement. All such after-tax contributions shall be separately accounted for, nonforfeitable and distributed with and in addition to any other benefit to which the Member is entitled hereunder. A Member may change his contribution rate as designated in the Adoption Agreement, but reduced or suspended contributions may not subsequently be made up.
Contributions by Members. (a) Effective July 1, 2006, the Members' Required Contribution established by the December 31, 2004 actuarial valuation shall be increased or decreased by one-fourth of the change (expressed as a percent of compensation) in the Total Required Contribution Rate between the December 31, 2004 actuarial valuation and the December 31, 2005 actuarial valuation. Thus, in the event total required contributions decrease from the December 31, 2004 base, each Member shall receive one-quarter of such reduction; if total required contributions increase from the December 31, 2004 base, each Member shall pay one-quarter of such increase. Subsequent adjustments in Member contribution rates (effective on and after July 1, 2007) shall be based on the change from the total required contribution rate established by the December 31, 2004 actuarial valuation and applied to the Members' Required Contribution established by the December 31, 2004 actuarial valuation.
(b) The Authority shall deduct such contributions from the compensation of each Member on each and every payroll, and shall transmit the sums so deducted to the Fiduciary.
(c) In determining the compensation of a Member in a payroll period, the Authority may, with the approval of the Retirement Board, to facilitate the making of deductions, consider the rate of compensation payable to the Member on the first day of the payroll period as continuing through the payroll period, and it may omit deductions from compensation for a period less than a full payroll period if an employee was not paid or was not a Member as of the first day of the payroll period, and may make such other modifications as shall not substantially change the contributions of Members.
(d) For purposes of this Article V, the term “Required Contribution Rate” shall mean the percent of compensation required as the normal contribution, plus the percent of compensation required to pay interest on the excess of actuarial liabilities net of adjusted assets, plus an allowance for anticipated administrative expenses expressed as a percent of compensation, all as shown on the actuarial valuation prepared by the actuary for the Fund.
Contributions by Members. The imposition on any Member of any obligation to make contributions or pledge assets as a condition of continued participation in the PACE Program, the CCA Program, or other energy programs shall require a vote of at least two-thirds of all Board Members and the approval of the governing boards of the Members and Associate Members who are being asked to make such contribution or pledge.
Contributions by Members. The schedule of cash or property or services rendered contributions at inception of CarbonMeta Green Building Materials, LLC is attached hereto as Exhibit “A” and incorporated herein by this reference. The contribution of a member may be in cash, property or services rendered or a promissory note or other obligation to contribute cash or property or to perform services as set forth in Wyoming Law. A member is obligated to CarbonMeta Green Building Materials, LLC to perform any enforceable promise to contribute cash or property or services, even if he is unable to perform because of his death, disability or any other reason. If a member does not make the required contribution of property or services, he is obligated at the option of CarbonMeta Green Building Materials, LLC to contribute cash equal to that portion of the value, as stated in the records of CarbonMeta Green Building Materials, LLC of the stated contribution that have not been made. The obligation of a member to make a contribution or return money or other property paid or distributed in violation of these operating agreements or of Wyoming Law, may be compromised only by consent of all the members.
Contributions by Members. Without in any way limiting the powers otherwise provided for in this Agreement, the Bylaws or by statute, BETARMA shall have the power and authority to receive, accept and utilize the services of personnel offered by any Member or its representatives or agents; to receive, accept and utilize property, real or personal, from any Member or its agents or representatives; and to receive, accept, expend and disburse Funds by contract or otherwise, for purposes consistent with the provisions of this Agreement, which Funds may be provided by any Member, its agents or representatives. BETARMA shall account and disburse Funds for each Group Self-Insurance Program separately.
Contributions by Members. 3.1 Members’ Contributions
3.2 Conditions to Final Investment Decision
3.3 Final Investment Decision
3.4 Determination to Pursue Mill Construction ARTICLE IV CAPITAL ACCOUNTS AND ALLOCATIONS
4.1 Capital Accounts
4.2 Allocations of Net Gains and Net Losses
4.3 Allocation of Taxable Income and Loss
4.4 Allocations to Transferred Interests ARTICLE V DISTRIBUTIONS 9 5.1 General
Contributions by Members. Within ten (10) days of the date of this Agreement, each Member shall make the capital contributions to the Company in the amount set forth on the Company Schedule ("Capital Contributions").
Contributions by Members. 18 5.1 Members' Initial Contributions . . . . . . . . . . . . . . . . 18 5.2
Contributions by Members. Each Member, in exchange for his or her contribution to the capital of the Company, shall receive the LLC Percentage that is set forth in Exhibit A to this Agreement. The Members’ respective LLC Percentages shall be adjusted to reflect additions to or withdrawals from the capital of the Company, as the case may be and as permitted hereunder, and such adjustments shall be recorded in the books and records of the Company.
Contributions by Members. 30
3.1 Members' Initial Contributions-------------------------------------30
3.2 Failure to Make Initial Contribution-----------------------------31
3.3 Record Title--------------------------------------------------------31
