Contribution allowance agreement definition

Contribution allowance agreement means an agreement between a person and a
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Contribution allowance agreement means an agreement between a person and a limited liability company under which:
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Contribution allowance agreement means an agreement between a person and the Company, under which:
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Examples of Contribution allowance agreement in a sentence

  • The extent to which each Member may make a new contribution, or obtain the right to make a new contribution under a Contribution Allowance Agreement, by exercise of a Preemptive Right is the ratio that such Member’s Percentage Interest before the new contribution bears to the total of all Members’ Percentage Interests before the new contribution.

  • Unless otherwise provided in the waiver, a waiver of Preemptive Rights is effective only for the proposed contribution or Contribution Allowance Agreement described in the waiver.


More Definitions of Contribution allowance agreement

Contribution allowance agreement means a written agreement between the Company and a Person which sets forth the terms upon which such Person has the right, but not the obligation, to make a contribution (and be admitted as a Member if not already a Member), including without limitation the agreed value of the contribution that may be made by such Person to the capital of the Company and the Percentage Interest and Voting Interest to which such Person shall be entitled.
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Related to Contribution allowance agreement

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Contribution Agreement has the meaning set forth in the Recitals.