Delivery of Contributions Sample Clauses

Delivery of Contributions. All contributions or payments by the Company to the CAO pursuant to this Agreement shall be made payable to the CAO and shall be delivered to the address designated therefor by the Treasurer of the CAO.
Sample 1
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Delivery of Contributions. The contributions required to be made by the Company for the benefit of IAM members pursuant to the arbitrator's allocation decision and award, which decision and award allocated among the four employee groups receiving the contributions required to be made by the Company pursuant to Section 15 of the Comprehensive Settlement Agreement of 1993, shall, unless otherwise agreed in writing by the Company and the IAM, be made in accordance with such arbitration decision and award and paid over to the trustee for the 401(k) Plan by the Company at the end of the plan year to which the contributions are attributable. Evidence of payment by the Company to the trustee will be provided to the IAM showing the total contribution and confirming that the percentage is in accordance with the arbitration decision and award.
Sample 1
Delivery of Contributions. (a) On the Closing Date, FMB shall deliver the Interests to JV Corp, and JV Corp shall issue fifty (50) shares of JV Corp Common Stock (the “Exchange Stock”), which, for purposes of this Agreement, shall have at Closing a value of $675,000.00, in the name of FMB, and deliver by wire transfer of immediately available funds (the “JV Corp Payments”): (1) to an account designated by FMB, an amount equal to the difference of (i) $9,825,000.00, adjusted as a result of the calculation of the Preliminary Adjustment Amount more particularly described in Section 2.5(a), minus (ii) the sum of (A) $1,050,000.00 (the “Escrow Funds”) plus (B) the amount, if any, of outstanding Borrowed Indebtedness as of the Closing Date (the amount equal to the difference of (i) minus (ii) being the “Initial Cash Consideration”); (2) to an escrow agent appointed by FMB and JV Corp and named in the Escrow Agreement (the “Escrow Agent”), the Escrow Funds; and (3) to each payee designated on Schedule 2.3(a) (as such Schedule may be updated at or prior to Closing), such portion of the Borrowed Indebtedness owed to such payee, on behalf of the Company. (b) On the Closing Date, Holdco shall deliver the Holdco Contribution by wire transfer of immediately available funds to an account designated by JV Corp and JV Corp shall issue the Holdco Exchange Stock in the name of Holdco.
Sample 1
Delivery of Contributions. Each Plan Participant shall direct the Employer to pay all Elective and Employer Contributions that are to be made under this Plan on his or her behalf to either (i) a Plan Contract under this Plan, or (ii) a Qualified Broker who will then transmit such Contributions directly to a Plan Contract that has been designated by the Participant. In addition, in lieu of making multiple payments of Contributions to the various Plan Contracts and Qualified Brokers that have been designated by the Participants, at the sole discretion of the Board, the Board may arrange for the periodic transmission of Plan Contributions to a broker or other agent selected by the Board, with such broker or agent subsequently paying the required Contribution amounts to the Plan Contracts and/or Qualified Brokers selected by the Plan Participants. The Employer shall cause all Elective Contributions under this Plan to be delivered to the Plan Contract or Qualified Broker selected by the Participant as soon as is practicable; provided, however, that in no event shall Elective Contributions be paid to the designated Plan Providers later than the 15th business day of the month following the month in which the Compensation reduction attributable to such Contributions is effected by the Employer. Employer Contributions shall otherwise be paid to the Plan Contracts or Qualified Brokers at times determined by the Employer. Notwithstanding anything herein to the contrary, if a Contribution is paid to a Plan Contract by a mistake of fact, upon the Employer’s request, the Plan Provider shall return that mistaken Contribution to the Employer.
Sample 1

Related to Delivery of Contributions

  • 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.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Other Contributions In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • 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.

  • 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.

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • 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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