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Minimum Contribution Amount definition

Minimum Contribution Amount means any amount specified as such in the Borrowing Base Terms;
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Minimum Contribution Amount has the meaning given to such term in Clause 23.2(c) (Financial Covenants).
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Minimum Contribution Amount. Your minimum annual Contribution on behalf of all Participants under this Contract shall be twenty thousand dollars ($20,000). This minimum figure is for aggregate annual Contributions, not for each Participant.
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Examples of Minimum Contribution Amount in a sentence

  • LL&A may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by LL&A that incorporates such modification.

  • UNUM may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by UNUM that incorporates such modification.

  • Lincoln Life may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by Lincoln Life that incorporates such modification.

  • Approximate Maximum DAA Bonuses levels can be found in the following table: Minimum Contribution Amount Monthly percentage (20 working days) Daily percentage Users are allowed to purchase any subtype of Conservative Tokens.

  • Review the cooperative’s rate application, along with any objections timely filed under subsection (F) (H), to determine whether the cooperative is eligible, under subsection (B), to pursue its rate application under this Section;2.

  • Minimum Contribution Amount" shall mean, with respect to a Participant, the lesser of (i) three percent (3%) of such Participant's Compensation; or (ii) the percentage of such Compensation allocated to the Regular Account and any other employer contribution accounts of the Key Employee for whom the percentage is largest.

  • Plan Fees and Expenses, page 25 Contributions Minimum Contribution Amount: $25.00 ($12.50 for payroll direct deposit) The Plan requires minimum contributions of $25.00 to an Account, unless you contribute through payroll direct deposit.

  • Occupational Health and safety is an important aspect of the plant’s and construction operations.

  • Maximum DAA bonuses levels can be found in the following table: Minimum Contribution Amount Monthly percentage Daily percentage Daily (1) €1250,00 4% 0,13% 45 €1 000,00 12% 0,40% 90 €2 500,00 24% 0,80% 180 €5 000,00 30% 1,00% If the result of the DAA surpasses those indicated in aforementioned table, these Bonuses are automatically transferred to the Company’s stabilization balance.

  • A Contribution (or portion thereof), in an amount at least equal to the Minimum Contribution Amount (as set forth in the associated Contribution Notice delivered by the applicable Contributor) that shall be used as Principal Proceeds or Interest Proceeds (i) to cause a failing Coverage Test to be satisfied or (ii) to increase the level of satisfaction of any Coverage Test.


More Definitions of Minimum Contribution Amount

Minimum Contribution Amount means a minimum amount that may be contributed to the Scheme and includes regular and lump sum contributions, Member contributions and Employer contributions.
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Related to Minimum Contribution Amount

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

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Most Referenced Definitions