Common use of TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION Clause in Contracts

TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION. Unless otherwise provided by contract or law, the Employer may make its contribution to the Plan for a particular Plan Year at such time 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 Administrator the Plan Year for which the Employer is making its contribution.

TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION. Unless otherwise provided by contract or lawcontract, the Employer may make its contribution to the Plan for a particular Plan Year at such time 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 Administrator Trustee the Plan Year for which the Employer is making its contribution.