Contribution Rights definition

Contribution Rights has the meaning set forth in Section 7.13.
Sample 1

Examples of Contribution Rights in a sentence

  • INDEMNIFICATION 41 10.1 Survival 41 10.2 Indemnification by UPH 42 10.3 Indemnification by Platform Owners 42 10.4 Claims 42 10.5 Limitation on Liability 43 10.6 Indemnification Payments 43 10.7 Exclusive Remedy 44 10.8 Platform Owner Contribution Rights 44 Article XI.

  • In determining the limitations, if any, on the amount of any of such Borrower's obligations hereunder pursuant to the preceding sentence, any rights of subrogation or contribution (collectively the "Subrogation and Contribution Rights") which such Borrower may have on the Determination Date with respect to any other guarantor of the Indebtedness under applicable law shall be taken into account.

  • Waiver of Subrogation and Contribution Rights 1378 Section 10.07.

  • As at the date of this announcement, it is owned as to 31% by CNNC, 25% by XHK (including the unpaid-up capital to be transferred to the Investor (i.e. the Contribution Rights)) and 44% by eight other companies within the CNNC Group.

  • Limiting a PRP to a belated compensation claim in such circumstances would be akin to holding that a criminal defendant could challenge a sentence of many years of community service only after performing the sentenced labor.V. The Loss Of Contribution Rights Also Violates Due Process.

  • The Contribution Rights confer upon the Investor the right to make the First Tranche Investment, which refers to the right to contribute to the registered capital of CNNC Leasing in the amount of RMB120.19 million and acquire approximately 12.0% of the registered capital in CNNC Leasing.

  • Monitoring for controlled substances is performed to detect the use of prescription medications and illegal substances of concern for the purpose of medical treatment.

  • Basis of determining the consideration of the Contribution Rights and the First Tranche Investment The consideration of the Contribution Rights is determined after arm’s length negotiations among the parties to the Transfer Framework Agreement and with reference to the asset appraisal report of CNNC Leasing.

  • XHK is an indirect wholly-owned subsidiary of CNNC and holds approximately 25% equity interest in CNNC Leasing, including both the paid-up capital of RMB129.81 million and the unpaid-up capital of RMB120.19 million to be transferred to the Investor (i.e. the Contribution Rights).

  • Langevoort, The Reform of Joint and Several Liability Under the Private Securities Litigation Reform Act of 1995: Proportionate Liability, Contribution Rights and Settlement Effects, 51 Bus.

Related to Contribution Rights

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

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

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Nonelective Contribution means an amount contributed by a participating

  • Class B Units means the Class B Units of the Company.

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

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