Excess Contribution Amount definition

Excess Contribution Amount has the meaning set forth in Section 3.1(c) hereof.

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Excess Contribution Amount has the meaning set forth in Section 5.3(c) (Cooperation);

Excess Contribution Amount or “Excess Contributions” means the Participant’s Elective Deferrals that are contributed to this Plan as a result of contribution elections that would have been made by the Participant into the Savings Plan, except that those contributions exceeded limitations established by either the compensation limit of Code Section 401(a)(17) or the dollar deferral limitation of Code Section 402(g). For the avoidance of doubt, Bonus Compensation attributable to services performed in 2012 but paid during the 2013 Plan Year shall not be considered for this purpose.

Examples of Excess Contribution Amount in a sentence

Additionally, the Excess Contribution Amount will rank in priority to any distribution, dividend or other payment in respect of any Common Shareholder of the Corporation, such that prior to any such distribution, dividend or payment being made to any Common Shareholder in respect of its respective Shares, the Corporation shall repay such Contributing Shareholder its Excess Contribution Amount plus accrued interest.
The Excess Contribution Amount shall (i) be credited to HSRE’s Capital Account as if HSRE had contributed such Excess Contribution Amount to the Company and (ii) otherwise reduce the amount of HSRE’s Required Amount for each such Capital Call for the Stillwater Property by the amount of such Excess Contribution Amount made by Campus Crest.
The cash and cash equivalents of DERA at the Closing must be not less than the Excess Contribution Amount plus the Included Current Liabilities.

More Definitions of Excess Contribution Amount

Excess Contribution Amount means, as of any date of determination, an amount equal to (a) the Fair Value of the Capital Contribution made by Intel Member in connection with the closing of the transactions contemplated by the Contribution Agreement, minus (b) an amount that is the product of (i) 51%, multiplied by (ii) all Scheduled Construction Contributions contemplated to be contributed on or before the Closing Date minus (c) at the time of determination, all amounts previously used as an Offset Credit; provided that, if the difference of clause (a) minus clause (b) minus clause (c) is negative, the Excess Contribution Amount shall be deemed equal to zero.