Municipal Contributions Sample Clauses

Municipal Contributions. 1. The MOA contribution amount for 2019 ($1859.82) will continue at the same rate for the remainder of 2019. 2. Effective January 1, 2020, for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 3. Effective January 1, 2021 for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 4. Effective January 1, 2022, for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 5. The Union shall advise the Municipality of Anchorage of the pre-tax and after tax contribution amounts that employees shall contribute per month to the Union Plan through payroll deduction.
Sample 1
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Municipal Contributions. 1. The MOA contribution amount of two thousand, forty-nine dollars and eighty-two cents for 2022 ($2049.82) will continue through 2022. 2. Effective January 1, 2023, for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 3. Effective January 1, 2024 for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 4. Effective January 1, 2025, for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lesser of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 5. Effective January 1, 2026, for each eligible employee the Municipality shall increase the monthly contribution to the Union Plan, not to exceed the lessor of: a. The Urban Alaska CPI for Medical for the prior calendar year, or b. $70.00 per month increase from the prior year’s contribution. 6. The Union shall advise the Municipality of Anchorage of the pre-tax and after tax contribution amounts that employees shall contribute per month to the Union Plan through payroll deduction.
Sample 1
Municipal Contributions. Owner shall pay directly to any Authority all entitlement fees and other contributions required to be paid by Owner with respect to the Project as and when the relevant entitlement fees and contributions are required to be paid except that Westfield shall pay directly as part of the Project Price the customary fee for issuance of a building permit for the Project. Except as otherwise agreed to by Owner and Westfield as part of the Final Feasibility Study, the Project Price shall be deemed to include the amount of such entitlement fees and other contributions for purposes of calculating the Development Fee hereunder.
Sample 1

Related to Municipal Contributions

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

  • 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.

  • Political Contributions Neither the Company nor any of its Subsidiaries has, directly or indirectly, at any time (x) made any contributions to any candidate for political office, or failed to disclose fully any such contribution, in violation of law; (y) made any payment to any state, federal or foreign governmental officer or official, or other person charged with similar public or quasi-public duties, other than payments required or allowed by all applicable laws; or (z) violated nor is it in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • 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.

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

  • 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.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • 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.

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