Limit on contribution Sample Clauses

Limit on contribution. Notwithstanding any other provision of clause 12.12 to clause 12.18, none of the Placing Banks shall be required to contribute any amount in excess of the placing commissions received by it pursuant to this Agreement and any obligation to contribute under clause 12.12 is several in proportion to their respective placing obligations and not joint nor joint and several.
Sample 1
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Limit on contribution. The Underwriters acknowledge that the Responsible Entity or ROP may enter into arrangements which limit the extent to which the Responsible Entity or ROP may claim against any third party or third parties in connection with the Offer (a Relevant Limitation). Where any damage or loss is suffered by the Responsible Entity or ROP for which the Underwriters would otherwise be jointly and severally liable to the Responsible Entity or ROP with any third party or third parties, the extent to which such loss will be recoverable by the Responsible Entity or ROP from the Underwriters will:
Sample 1
Limit on contribution. The parties hereto agree that it would not be just and equitable if contribution pursuant to Section 9(d) were determined by pro
Sample 1
Limit on contribution. Notwithstanding any other provision of clauses 13.13 to 13.19, none of the Managers shall be required to contribute any amount in excess of the underwriting fees or commissions (as the case may be) received by it (in case of a person performing more than one role under this Agreement, aggregating the fees received by the relevant person under this Agreement) and which it is not liable to pay to any other person under this Agreement or otherwise in relation to any Placing Stock and/or Rights Issue Stock underwritten, subscribed or purchased by such Manager pursuant to this Agreement. Any obligations to contribute under clause 13.13 are several in proportion to each Indemnified Person’s respective underwriting obligations and not joint nor joint and several.
Sample 1

Related to Limit on contribution

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • No Interest on Contributions No Partner shall be entitled to interest on its Capital Contribution.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after completing ________ (enter 0, 1, 2 or any fraction less than 2)

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS The Plan: (Choose (a) or (b); (c) is available only with (b)) [X] (a) Does not permit Participant nondeductible contributions. [ ] (b) Permits Participant nondeductible contributions, pursuant to Section 14.04 of the Plan.

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • 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.

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

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