Lessor Contribution definition

Lessor Contribution has the meaning specified in Clause 7.7. LESSOR LENDER means (i) Agent, and any other lender for whom the Agent acts as a security agent under the Security Agreement and related loan documents; and (ii) any other Person to whom Lessor or Owner Participant grants a Mortgage for the purpose of any financing or refinancing to be accomplished by Lessor, any Owner Participant or any Affiliate thereof, and any Person that lends money to Lessor and for whom a Mortgagee holds a Mortgage and includes the successors and permitted assigns of such Persons.
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Lessor Contribution has the meaning specified in Section 7.6.
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Lessor Contribution means, with respect to any Leased Asset, that amount of outstanding Advances for such Leased Asset made by the Lessor to the Lessee and funded by the Lessor otherwise than through the borrowing of Loans under the Loan Agreement.
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Examples of Lessor Contribution in a sentence

  • For all expected maintenance obligations that cover the period before the lease commencement, the payment obligation is set up as a Lessor Contribution asset with a corresponding liability in maintenance reserves.

  • Departments must establish procedures for making confidential referrals to internal or external counseling services with expertise in domestic violence.

  • Once the Utilization Payment Funds and the amount of any Lessor Contribution in an Aircraft Pool has been exhausted, all subsequent Qualifying Heavy Maintenance Events and Maintenance Redelivery Payments shall be paid by Lessee.

  • The funds representing the Lessor Contribution shall be considered the first funds disbursed to Lessee as provided in this Section until the Lessor Contribution Funds have been fully disbursed to Lessee.

  • Such a control agreement must be in place before any deposits of any Lessor Contributions are made into the Lessor Contribution Accounts and prior to any use of Lessor Contributions for the purposes permitted herein.

  • Borrower hereby assigns and pledges Lenders a security interest in the Lessor Contribution Accounts and agrees to, upon request of Agent Lender, provide additional documentation evidencing Lenders’ security interest in the Lessor Contribution Accounts, including, without limitation, the Assignment of Lessor Contribution Accounts.

  • The Lessor is making the Lessor Contribution contemplated to be made by it hereunder in the ordinary course of its business, and no part of such amount constitutes (i) "plan assets" under 29 CFR 2510.3-101 or (ii) assets of a "governmental plan" as defined under Section 3(32) of ERISA.

  • Borrower will also assist Agent Lender in obtaining an executed account control agreement from the depository bank holding the Lessor Contribution Accounts for purposes of Lenders perfecting their security interest in the Lessor Contribution Accounts.

  • Lessor shall not be obligated to provide any Lessor Contribution to Lessee in respect of Suite 303.

  • This covenant shall survive the termination of this Agreement or any other Operative Agreement and the payment of the Rent Purchaser Advances, the Lessor Contribution and all other amounts payable under the Operative Agreements.


More Definitions of Lessor Contribution

Lessor Contribution shall have the meaning set forth in Section 2.1 of the Participation Agreement.
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Lessor Contribution means that amount of outstanding Advances made by the Lessor and funded by the Lessor otherwise than through the sale of the Purchaser's Interest to the Receivable Purchaser.
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Lessor Contribution has the meaning specified in Clause 7.
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Lessor Contribution has the meaning given to is in Section 20.3.2; "Lessor Contribution Event" has the meaning given to it in Section 20.3.2;
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Related to Lessor Contribution

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

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • 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:

  • Nonelective Contribution means an amount contributed by a participating

  • 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).

  • 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.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Excess Contribution With respect to any Plan Year, the excess of: (a) the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Contribution Rate means, in a reserve study as described in RCW 64.34.380, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Defined Contribution Fraction means a fraction, the numerator of which is the sum of the Annual Additions to the Participant's Account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years (including the Annual Additions attributable to the Participant's nondeductible Voluntary Contributions to all defined benefit plans, whether or not terminated, maintained by the Employer and the Annual Additions attributable to all welfare benefit funds, as defined in section 419(e) of the Code, and individual medical benefit accounts as defined in section 415(l)(2) of the Code, and simplified employee pensions, maintained by the Employer) and the denominator of which is the sum of the Maximum Aggregate Amounts for the current and all prior Limitation Years of Service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The Maximum Aggregate Amount in any Limitation Year is the lesser of one hundred twenty-five percent (125%) of the dollar limitation in effect under section 415(c)(1)(A) of the Code or thirty-five percent (35%) of the Participant's Compensation for such year. If the Employee was a Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed one (1.0) under the terms of this Plan. Under the adjustment, an amount equal to the product of (A) the excess of the sum of the fractions over one (1.0) times (B) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the section 415 limitation applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Additions for any Limitation Year beginning before January 1, 1987 shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Accumulated contributions means the sum of all

  • Qualifying contribution means, with respect to a

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the annual additions to a Participant’s accounts under all Defined Contribution Plans maintained by one or more Affiliated Companies, and the denominator of which is the sum of the lesser of (i) or (ii) for such Plan Year and for each prior Plan Year of Service with one or more Related Companies, where (i) is the product of 1.25 multiplied by the dollar limitation in effect under Section 415(c)(1)(A) of the Code for the Plan Year (determined without regard to Section 415(c)(6) of the Code), and (ii) is the product of 1.4 multiplied by the amount which may be taken into account under Section 415(c)(1)(B) of the Code (or Section 415(c)(7) of the Code, if applicable) with respect to the Participant for the Plan Year. Solely for purposes of this definition, contributions made directly by an Employee to a Defined Benefit Plan which maintains a qualified cost-of-living arrangement as such term is defined in Section 415(k)(2) shall be treated as Annual Additions. Notwithstanding the foregoing, the numerator of the Defined Contribution Plan Fraction shall be adjusted pursuant to Treasury Regulations 1.415-7(d)(1) and Questions T-6 and T-7 of Internal Revenue Service Notice 83-10.

  • 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.

  • 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;

  • 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.

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

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

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.