The following replaces Subsection 1 Sample Clauses

The following replaces Subsection 1. 11(a)(1): (1) Non-Discretionary Matching Employer Contributions - As indicated within the following for each group of “eligible” Participants, the Employer shall make a Matching Employer Contribution on behalf of each “eligible” Participant in an amount equal to the percentage, of the eligible contributions made by the “eligible” Participant during the Contribution Period: (A) Flat Percentage Match (i) Flat percentage match of 50.00% shall be allocated only to the “eligible” Participants described below: RTI Hermitage employees Hired after December 1, 2006, RTI International Metals Inc. (Niles Salaried only) employees hired after January 1, 2006 and RTI Finance Corp Employees hired after January 1, 2006. All employees of RTI Directed Manufacturing, Inc.. Limit on Non-Discretionary Matching Employer Contributions for the group of “eligible” Participants described above: (I) Contributions in excess of 8.00% of the “eligible” Participant’s Compensation for the Contribution Period shall not be considered for non-discretionary Matching Employer Contributions. (II) Matching Employer Contributions for each “eligible” Participant for each Plan Year shall be limited to $ . (B) Flat Percentage Match (i) Flat percentage match of 50.00% shall be allocated only to the “eligible” Participants described below: RTI St. Louis and RTI Advanced Forming, Inc. (fka RTI TRADCO) Salary employees. Limit on Non-Discretionary Matching Employer Contributions for the group of “eligible” Participants described above: (I) Contributions in excess of 4.00% of the “eligible” Participant's Compensation for the Contribution Period shall not be considered for non-discretionary Matching Employer Contributions. (II) Matching Employer Contributions for each “eligible” Participant for each Plan Year shall be limited to $ . (C) Flat Percentage Match (i) Flat percentage match of 25.00% shall be allocated only to the “eligible” Participants described below: RMI Titanium Company, LLC (RTI Alloys, Niles RTNT and Niles RTNM only) employees. Limit on Non-Discretionary Matching Employer Contributions for the group of “eligible” Participants described above: (I) Contributions in excess of 6.00% of the “eligible” Participant's Compensation for the Contribution Period shall not be considered for non-discretionary Matching Employer Contributions. (II) Matching Employer Contributions for each “eligible” Participant for each Plan Year shall be limited to $ . (D) Flat Percentage Match (i) Flat percentage match...
Sample 1
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Related to The following replaces Subsection 1

  • Definitions and Basic Provisions The following definitions and basic provisions shall be used in conjunction with and limited by the reference thereto in the provisions of this lease:

  • Basic Lease Provisions and Definitions In addition to other terms elsewhere defined in this Lease, the following terms whenever used in this Lease should have only the meanings set forth in this Preamble, unless such meanings are expressly modified, limited or expanded elsewhere herein.

  • SECTION I - DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed herein unless otherwise stated or reasonably required by the Agreement, and other forms of any defined words shall have a meaning parallel thereto.

  • Definitions of Key Terms Relating to Additional Rent As used in this Article 4, the following terms shall have the meanings hereinafter set forth:

  • DELETE IN ITS ENTIRETY AND REPLACE WITH THE FOLLOWING In the event of a bona fide sale or transfer of any store covered by this Agreement during the period hereof, the new owner of such transferee shall be notified of the existence of this Agreement. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement, but, except as provided in this Article, shall have no further or other obligations whatsoever, notwithstanding any other provision to the contrary in the Agreement.

  • Definitions and Usage Except as otherwise specified herein or as the context may otherwise require, capitalized terms used but not otherwise defined herein are defined in Appendix A hereto, which also contains rules as to usage that shall be applicable herein.

  • Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company to Lenders pursuant to clauses (ii), (iii) and (xii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(v)). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize GAAP as in effect on the date of determination, applied in a manner consistent with that used in preparing the financial statements referred to in subsection 5.3. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and Company, Administrative Agent or Requisite Lenders shall so request, Administrative Agent, Lenders and Company shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of Requisite Lenders), provided that, until so amended, such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and Company shall provide to Administrative Agent and Lenders reconciliation statements provided for in subsection 6.1(v).

  • Definitions and Interpretive Provisions 6 1.1 Definitions 6 1.2 Interpretive Provisions 7 ARTICLE II. PAYMENT PROVISIONS 8 2.1 Prompt Payment 8 2.2 Taxes 8 2.3 Ancillary and Travel Expenses 9

  • Specific Definitions The following terms used in this Agreement shall have the following meanings:

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

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