Annual Contribution Amount definition

Annual Contribution Amount has the meaning given in clause 9.4.

Annual Contribution Amount means the amount equivalent to the identifiable charges collected annually to pay for the future cost of Reclamation Obligations and any amount ordered by the NEB.

Annual Contribution Amount means, in respect of any calendar year, the aggregate of all amounts collected through an abandonment surcharge in such calendar year to secure the Reclamation Obligations of the Beneficiary in respect of the Pipeline;

Examples of Annual Contribution Amount in a sentence

• The Parties desire to have only one closing on the sale and purchase of the Shares per year during the Subscription Period; however, the Parties may mutually agree to hold more than one closing per year provided that the aggregate amount of Shares to be sold in any one calendar year shall not exceed the lesser of the BUSA Annual Contribution Amount and the Annual Commitment Amount for such year.

• No Annual Contribution Amount will be made if the Bank does not achieve a minimum of seventy-five percent (75%) of goals as defined in the BPP, and there will be no incremental or pro rata increase in Annual Contribution Amounts for achievement of over one hundred and twenty-five percent (125%) of the goals defined in the BPP.

• For the purposes of this Agreement, the term “Service Period” shall refer to the consecutive period of time between January 1 and December 31 of a given calendar year, during which time Executive must remain employed (shall not Separate from Service) in order to receive an Annual Contribution Amount for such Service Period.

• If, however, Executive Separates from Service after October 1 of a given calendar year (other than the calendar year 2017), then Executive shall be deemed to have completed the entire Service Period, thereby entitling Executive to the Annual Contribution Amount she would have received had Separation from Service occurred on December 31 of such given year.

• In addition, if an Accelerated Vesting Event occurs prior to the last Contribution Date, the Executive shall be paid an amount (the “Cash Amount”) equal to the Annual Contribution Amount multiplied by the number of remaining Contribution Dates.

More Definitions of Annual Contribution Amount

Annual Contribution Amount is defined in Section 5(a).

Annual Contribution Amount means separate and identifiable charges for transportation services with respect to the Pipeline that the NEB will require shippers or the Company to pay and that the NEB will require to be contributed by the Company to the Trust at the same frequency as they are collected pursuant to the NEB Order;

Annual Contribution Amount means the amount collected annually to pay for the future cost to Abandon the pipeline described in Schedule "A" to this Agreement;

Annual Contribution Amount means the self-funded amount contributed annually to pay the future cost to Abandon the Pipeline as determined pursuant to Appendix XIV of the MH-001-2013 Reasons for Decision;

Annual Contribution Amount means the sum of the Participant Contributions, Restoration Contributions, and Discretionary Contributions, if any, for any one Plan Year.

Annual Contribution Amount means, in respect of any calendar year, an amount equivalent to the aggregate of all amounts collected through an abandonment surcharge in such calendar year to pay for the Reclamation Obligations of the Beneficiaries in respect of the Pipeline and any amount ordered by the Tribunal;

Annual Contribution Amount means Abandonment Toll, as approved by the National Energy Board from time to time, applied to and collected from each Shipper of CTHI on a monthly basis such that CTHI collects and sets aside a total amount on an annual basis sufficient to pay for the future cost to Abandon the pipeline described in Schedule A to this Agreement;