Deferred Contribution definition

Deferred Contribution means the consideration in the form of cash payable by Funding to the Mortgages Trustee from time to time in respect of the Funding Share of the Trust Property pursuant to and in accordance with the Mortgages Trust Deed and/or the Funding Deed of Charge including, for the avoidance of doubt, Final Deferred Contribution (which Contribution will fund the payment to the Seller by the Mortgages Trustee of amounts of Deferred Purchase Price payable by the Mortgages Trustee to the Seller from time to time pursuant to and in accordance with the Mortgage Sale Agreement);

Deferred Contribution means a contribution made by an Employer on behalf of a Participant on a before-tax basis, as described in Section 3.3.

Deferred Contribution means $60 million (or such lesser amount as may be agreed by the Reorganized Debtors and the Asbestos Trust as permitted by Section 7.3.2) in Cash to be paid by Coltec to the Asbestos Trust no later than the first anniversary of the Effective Date.

Examples of Deferred Contribution in a sentence

• A Participant's proportionate share of the Employer's Cash or Deferred Contribution is the percentage of the total Cash or Deferred Contribution which bears the same ratio that the Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year.

• For purposes of determining each Participant's proportionate share of the Cash or Deferred Contribution, a Participant's Compensation is his Compensation as determined under Section 1.12 of the Plan (as modified by Section 3.06 for allocation purposes), excluding any effect the proportionate share may have on the Participant's Compensation for the Plan Year.

• If the Employer elects a cash or deferred arrangement, a Participant may elect to make a cash election against his proportionate share of the Employer's Cash or Deferred Contribution, in accordance with the Employer's elections in Adoption Agreement Section 3.01.

• A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) portions of the Plan.

• For any Plan Year, the Employer may declare a Cash or Deferred Contribution.

More Definitions of Deferred Contribution

Deferred Contribution means the amount (if any) calculated in the Viability Reassessment as the excess profit over the Owner Margin Percentage amount, multiplied by Zero Point Five (0.5), which has been either : Approved by the Council; or Determined by the Expert, PROVIDED ALWAYS THAT the amount shall not exceed the Deferred Contribution Cap

Deferred Contribution has the meaning assigned the term “Deferred Contribution” in the Tax Equity A&R LLC Agreements.

Deferred Contribution means, for any Participant for any payroll period, an amount that is contributed to the Plan by the Company for such payroll period pursuant to section 4.1 and which is treated as an “elective deferral” for purposes of section 402(g) of the Code.

Deferred Contribution means a pre-tax contribution made to the Plan by a Member under Code Section 401(k) that is made in lieu of the receipt of Compensation but excluding from Compensation for this purpose, all Cafeteria Plan Amounts. In addition, except for occasional bona fide administrative considerations, Deferred Contributions cannot be made prior to the performance of services relating to the Deferred Contributions or the date on which such Compensation would be payable to the Member in absence of an election to make a Deferred Contribution.

Deferred Contribution means $40 million in Cash to be paid by Coltec and $20 million in Cash to be paid by GST (or such lesser amount as may be agreed by the Reorganized Debtors and the Asbestos Trust as permitted by Section 7.3.2), to be paid to the Asbestos Trust no later than the first anniversary of the Effective Date.

Deferred Contribution means the further cash contributions to the Mortgages Trustee made by the Issuer on each Payment Date, subject to and in accordance with the relevant Priority of Payments, as part of the consideration provided by the Issuer to the Mortgages Trustee for the Issuer Share in the Trust Property.

Deferred Contribution means $300 million minus the amount of the 2010 Subsidiary Payment, if any.