Mandatory Contribution Sample Clauses

Mandatory Contribution. NTL CC shall ensure that the cash proceeds (net of any related expenses) of any equity or Financial Indebtedness raised by any member of the Covenant Group shall be applied as follows:
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Mandatory Contribution. If the Class A Limited Partners receive a Liquidity Event Notice in respect of an IPO or Qualified IPO (a “Participation Event”), then (i) all Class A Limited Partners shall contribute all of their outstanding Class A Units, and (ii) the members of the General Partner shall contribute the General Partner, to the Class B Limited Partner in connection therewith at the instruction of the Class B Limited Partner pursuant to a Contribution Agreement that is in the form attached hereto as Exhibit B.
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Mandatory Contribution. If the Class A Member receives a “Liquidity Event Notice” in respect of an IPO or a Qualified IPO, the Class A Member shall contribute all of its outstanding Class A Units to the Class B Member in connection therewith at the instruction of the Class B Member, pursuant to a Contribution Agreement that is in the form attached hereto as Exhibit B.
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Mandatory Contribution. An annual contribution shall be made during the first pay period after July 1 of each year and shall equal the amount as set forth in Article 48, currently $400 per year.
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Mandatory Contribution. 4 1.34 Master Or Prototype Plan . . . . . . . . . . . . . . . . . . . . . . . 4 1.35 Maximum Permissible Amount . . . . . . . . . . . . . . . . . . . . . . 5 1.36 Net Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 18 PARAGRAPH PAGE --------- ---- 1.37 Normal Retirement Age . . . . . . . . . . . . . . . . . . . . . . . . 5 1.38 Owner-Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1.39 Paired Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1.40 Participant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1.41
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Mandatory Contribution. An Employee contribution which was not tax-deductible when made and which was required for participation in the Plan. These contributions may no longer be made to the Plan, for Plan Years beginning after the Plan Year in which this Plan is adopted (or restated) by the Employer.
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Mandatory Contribution. 22.16.1 New NTL shall ensure that the cash proceeds (net of any related expenses) of any equity or Financial Indebtedness raised by any member of the Covenant Group (other than from another member of the Covenant Group (but without prejudice to New NTL's obligations under this Clause 22.16 in respect of any equity or Financial Indebtedness raised by such other member of the Covenant Group other than from another member of the Covenant Group)) shall be applied as follows:
Sample 1
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Mandatory Contribution. All employees hired on or after July 1, 2008, who have completed one (1) Year of Eligibility Service and have reached age 25 are required, as a condition of employment, to make contributions to the Plan equal to 3% of Compensation. A Year of Eligibility Service is a 12-month period measured from your date of hire in which you are credited with at least 1,000 Hours of Service. If you were paid for less than 1,000 hours in that period, you will be credited with a Year of Eligibility Service whenever you complete 1,000 hours or more in any Plan Year following your date of hire. If you meet the eligibility requirements above, effective 01/01/2021 the University will make a Discretionary Match and/or Non-Elective contribution on your behalf as determined by the Plan Administrator in their sole discretion. Percent of Internal Use Compensation Are you required to make a Mandatory Contribution? Employees hired on or after 7/1/2008 who meet eligibilitycriteria. (Non-Elective Deferral) _% (If yes, 3%) Has employee met Year of Eligibility service? ORIGINAL HIRE DATE: Voluntary Pre-tax Contributions (Elective Deferral) + % (non-mandatory) TOTAL PERCENTAGE OF SALARY REDUCTION - PRE-TAX (Total of both Non-Elective and ElectiveDeferrals) = _% (TOTAL) TOTAL of above mandatory and voluntary contributions. XXXX -After-Tax (XXXX Contributions are for Unmatched Funds only) % GROUP SUPPLEMENTAL RETIREMENT ANNUITY (GSRA) Plan Number 151159 Unmatched contributions can be invested in the GSRA. Please choose one option below: Percent of Internal Use Compensation GSRA – Unmatched voluntary contribution – PRE-TAX % GSRA – unmatched voluntary contribution – POST-TAX XXXX % Signed this day of , 20 _. (Employee Signature) By University (Name) (Title)
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Related to Mandatory Contribution

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • 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.

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

  • 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.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • The Contribution 4.1 The Minister will make a non-repayable Contribution to the Recipient in respect of the Project in an amount not exceeding the lesser of (a) and (b) as follows:

  • 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.

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