Maximum Deferral Amount means, unless otherwise determined by GS Inc., with respect to each Participant for each Plan Year, the lesser of: (i) 50% of the Participant’s Eligible Compensation and (ii) $1 million.
Maximum Deferral Amount means, unless otherwise determined by GS Inc. with respect to each Participant for each Plan Year, the lesser of: (i) 35% of the Participant’s Eligible Compensation and (ii) $350,000 for U.S. Extended Managing Directors or $200,000 for any other Participant.
Maximum Deferral Amount means $19,500 (or such other limit as is applicable for a Plan Year under Code Section 402(g)), as adjusted by the Secretary of the Treasury under Code Section 402(g)(5) for cost-of-living increases. For Participants who have attained age 50 by the last day of a Plan Year, the Maximum Deferral Amount will be increased by $6,500, as adjusted by the Secretary of the Treasury under Code Section 414(v) (2)(C) for cost-of-living increases.
Examples of Maximum Deferral Amount in a sentence
If any amount specified on a Deferral Request Form as a Deferral would exceed the Maximum Deferral Amount, such Deferral Request Form shall be deemed to have specified the Maximum Deferral Amount.
Notwithstanding anything herein or in any Deferral Request Form to the contrary, no Deferral shall be for an amount in excess of the Maximum Deferral Amount.
In no event shall the amount of the Employee Deferral Amount under an Enrollment Agreement be more than the Maximum Deferral Amount.
Any Before-Tax Contributions returned to a Participant to correct excess Annual Additions shall be disregarded for purposes of determining whether the Maximum Deferral Amount has been exceeded.
The aggregate amount of a Participant's Elective Deferrals made for any calendar year under the Plan and any other plans, contracts or arrangements with the Participating Companies shall not exceed the Maximum Deferral Amount.
More Definitions of Maximum Deferral Amount
Maximum Deferral Amount means the maximum amount that may be contributed as a Section 401(k) Contribution for any calendar year under Section 402(g) of the Code. This amount may be adjusted by the Secretary of Treasury under Section 402(g)(5) of the Code (cost-of-living adjustments).
Maximum Deferral Amount means the maximum amount that may be contributed as a 401(k) Personal Contribution for any calendar year. This amount shall be such amount determined by the Secretary of Treasury under Section 402(g) of the Code, as adjusted for increases in the cost of living pursuant to Section 402(g)(5) of the Code.
Maximum Deferral Amount means, as of any date of determination, the amount shown on Schedule 7 attached hereto for the month in which the date of determination occurs, plus all accrued but unpaid “basic rent” (howsoever titled or described) under all of the GE Deferral Leases in the aggregate through and including the date of determination. Notwithstanding the foregoing, the parties hereto acknowledge and agree that (i) the amount shown on Schedule 7 attached hereto for each month shown on such schedule reflects the “maximum” amount of the GE Deferral Amount with respect to all of the GE Deferral Leases in the aggregate as reflected on Schedule 6 hereto, assuming due and punctual payment by the Borrower of all ‘basic rent” (howsoever titled or described) when due under the GE Deferral Leases, during the period from and including the first day of such month through and including the Maturity Date, and (ii) in the event any of the leases described on Schedule 5 attached hereto ceases to be a GE Deferral Lease because the owner participant thereunder is no longer a GE Affiliate, then this Agreement shall be amended to incorporate a new version of Schedule 7, recalculated to reflect the deletion of such lease from the pool of GE Deferral Leases on the same basis and using the same methodology as originally used to calculate Schedule 7 as in effect on the date hereof.
Maximum Deferral Amount means $10,500 (or such other limit as is applicable for Plan Years under Code Section 402(g)), as adjusted by the Secretary of the Treasury under Code Section 402(g)(5) for cost of living expenses.
Maximum Deferral Amount means, unless otherwise determined by GS Inc. by the Deferral Deadline, with respect to each Participant for any Plan Year, the lesser of: (i) 50% of the Participant’s Eligible Compensation and (ii) $1 million.
Maximum Deferral Amount means Ten Thousand Five Hundred Dollars ($10,500) per calendar year, as adjusted for increases in the cost of living pursuant to Section 402(g)(5) of the Internal Revenue Code.
Maximum Deferral Amount means the maximum Pre-Tax Contribution that can be made to this Plan, as determined under Section 6.2(a), but shall not include Catch-up Contributions.