Form and Timing of Contributions Sample Clauses

Form and Timing of Contributions. All amounts to be contributed by a Limited Partner shall be paid in immediately available funds, or securities acceptable to the General Partner, in such manner as specified by the General Partner.
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Form and Timing of Contributions. All Employer contributions shall be made in cash. The Employer contributions for a Plan Year shall be made either in single payment or installments (1) no later than the time prescribed by law for filing the Company’s federal income tax return for the Plan Year (including any extensions thereof); and (ii) no earlier than the date that the Participant elects to make 401(k) contributions under Section 4.3(a)(2), (2) the Participant has performed services with respect to which the 401(k) contribution election is made, or if earlier, the time at which the Compensation that is subject to the election would otherwise be currently available, and (3) the Employer contributes to the Plan, on behalf of the Participant, the amount by which the Participant has elected to reduce his Compensation pursuant to his 401(k) contribution election, unless it is permissible to make the Employer contributions earlier than such date under Treasury Regulations § 1.401(m)-1(a)(2)(iii).
Sample 1
Form and Timing of Contributions. All amounts to be contributed by a Limited Partner under this Article III shall be paid in immediately available funds at the office of the Partnership or at such other location as may be reasonably requested by the General Partner on the day prescribed by the General Partner in the Memorandum or in any written notice delivered to the Limited Partner. All funds submitted in connection with subscriptions to the Partnership shall be deposited in the Partnership’s bank or brokerage account (but shall not participate in the profits and losses of the Partnership) from the date of the Partnership’s receipt of such funds through the date on which the subscription is either accepted or rejected. Any interest earned on such deposits by the Partnership through the date of admission or rejection accrues to the benefit of the Partnership. In the event that the Partnership does not receive payment for Interests by the day prescribed by the General Partner in the Memorandum or in any written notice or document delivered to the Limited Partner, the General Partner may, in its discretion, either (i) reject the subscription (even if previously accepted), (ii) admit such prospective Limited Partner on the first day of such calendar month and charge such Limited Partner interest on such delinquent amount at a rate substantially the same as the Partnership’s short-term borrowing costs from the first day of the calendar month to the date that payment is received (which expense will be paid directly to the Partnership) or (iii) defer acceptance of the subscription until the first day of the next-following calendar month.
Sample 1
Form and Timing of Contributions. All amounts to be contributed by a Partner under this Article III shall be paid in immediately available funds (or, in the reasonable discretion of the Managing General Partner, in readily marketable securities) at the office of the Partnership or at such other location as may be reasonably requested by the Managing General Partner at such times as shall be mutually agreed to by the Partners.
Sample 1
Form and Timing of Contributions. Payments on account of contributions due from an Employer for any Plan Year shall be made in cash and/or Employer Securities to the Trustee. Such payments may be made by a contributing Employer at any time, but payment of contributions for any Plan Year shall be completed on or before the time prescribed by law, including extensions thereof, for filing such Employer’s federal income tax return for its taxable year with which or within which such Plan Year ends.
Sample 1
Form and Timing of Contributions. All amounts to be contributed by a Member under this Article III shall be paid in immediately available funds at the office of the Fund or at such other location as may be reasonably requested by the Managing Member on the day prescribed by the Managing Member in the Private Offering Memorandum or in any written notice delivered to the Member.
Sample 1

Related to Form and Timing of 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.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • 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.

  • Form of Contribution The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, additional contributions in the same proportion shall be made by each member, except as may be approved by all member(s). A capital account shall be maintained for each member, to which contributions and profits shall be credited and against which distributions and losses shall be charged. At any time that there is more than one member, capital accounts shall be maintained in accordance with the tax accounting principles prescribed by the Treasury Regulations promulgated under Code Section 704 (the "Allocation Regulations"), so that the tax allocations provided in this Agreement shall, to the extent possible, have "substantial economic effect" within the meaning of the Allocation Regulations, or, if such allocations cannot have substantial economic effect, so that they may be deemed to be "in accordance with the member(s') interests in the Company" within the meaning of the Allocation Regulations.

  • 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.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • 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.

  • 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.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

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