TIME OF PAYMENT OF CONTRIBUTION Sample Clauses

TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
AutoNDA by SimpleDocs
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay to the Trust its Employer Contributions for any Plan Year in one or more installments, without interest. Unless otherwise required by applicable contract or Applicable Law, the Employer may make an Employer Contribution to the Plan for a particular Plan Year at such time(s) as the Employer in its sole discretion determines. If the Employer makes a contribution for a particular Plan Year after the close of that Plan Year, the Employer will designate to the Plan Administrator and to the Trustee the Plan Year for which the Employer is making the Employer Contribution. The Plan Administrator will allocate the contribution accordingly.
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Trustee within the time prescribed by the Code or applicable federal regulations. Deferral contributions are Employer contributions for all purposes under this Plan, except to the extent the Code or Treasury regulations prohibit the use of these contributions to satisfy the qualification requirements of the Code.
TIME OF PAYMENT OF CONTRIBUTION. If the Plan has a Trust, the Employer may pay its contributions for each Plan Year to the Trust in one or more installments and at such time(s) as the Employer determines, without interest. A Governmental Employer shall deposit Salary Reduction Contributions to the Trust within a period that is not longer than is reasonable for the administration of Participant Accounts.
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Custodian/Trustee within the time prescribed by the Code or applicable Treasury regulations.
TIME OF PAYMENT OF CONTRIBUTION. Contribution Remittance [X] On an annual basis The later of March 31 of the year following the Plan Year for which the contribution obligation has occurred or thirty (30) days after the Plan Administrator notifies the Employer of its required contribution. [--] On a payroll basis If such contributions during the Plan Year are insufficient to pay the required contribution as calculated by the Actuary, an additional contribution in the amount of the insufficiency shall be made in accordance with a contribution remittance made on an annual basis. If such contributions during the Plan Year are in excess of the required contribution as calculated by the Actuary, such excess contribution shall be applied to the required contribution for the following Plan Year. [--] On another basis (specify):
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay Employer Contributions for any Plan Year in one or more installments without interest. Unless otherwise required by the relevant Investment Arrangement Documentation or the Code, the Employer may make an Employer Contribution to the Plan for a particular Plan Year at such time(s) as the Employer in its sole discretion determines. If the Employer makes a contribution for a particular Plan Year after the close of that Plan Year, the Employer will designate the Plan Year for which the Employer is making the Employer Contribution. The Plan Administrator will allocate the contribution accordingly.
AutoNDA by SimpleDocs
TIME OF PAYMENT OF CONTRIBUTION. Contribution Remittance (Select One) On an annual basis (not later than December 31) At the same time and frequency of Member’s contributions as specified in Section 4.01 or Section 4.02 ARTICLE IV: MEMBER CONTRIBUTIONS -- --
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its ------------------------------- contribution for each Plan Year in one (1) or more installments. The Employer must make its contribution to the Trust within the time prescribed (including extensions) by Code Section 404(a)(6) for filing its tax return for the taxable year for which it claims a deduction for its contribution.
TIME OF PAYMENT OF CONTRIBUTION. The Employer must make Salary ------------------------------- Reduction Contributions to the Trust within an administratively reasonable period of time after withholding the corresponding Compensation from the Participant. Furthermore, the Employer must make Salary Reduction Contributions, Cash or Deferred Contributions, Employer Matching Contributions (including Qualified Matching Contributions), Qualified Nonelective Contributions and Discretionary Nonelective Contributions no later than the time prescribed by the Code or by applicable Treasury regulations. Salary Reduction Contributions and Cash or Deferred Contributions are Employer contributions for all purposes under this Plan, except to the extent the Code or Treasury regulations prohibit the use of these contributions to satisfy the qualification requirements of the Code. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided that the contribution of property is not a prohibited transaction under the Code or under ERISA.
Time is Money Join Law Insider Premium to draft better contracts faster.