NEAP Contribution definition

NEAP Contribution means the sum of £277,015.63 (two hundred and seventy seven thousand and fifteen pounds and sixty three pence) (Index Linked (CPIX)) which is subject to the NEAP Contribution Condition
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NEAP Contribution means the sum of £277,015.63 (two hundred and seventy seven thousand and fifteen pounds and sixty three pence) Index Linked (CPIX) for the future maintenance and management of the NEAP
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NEAP Contribution means the sum of £277,015.63 (two hundred and seventy seven
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Examples of NEAP Contribution in a sentence

  • The amount paid by the Employee will come from their NEAP Contribution.

  • Any increase in the required contribution set forth above that is greater than the allocated amount for the term of this agreement will be deducted from the NEAP Contribution.

  • If the Line Construction Benefit Fund does not reach the specified hourly contribution rate set forth above, the difference between the contribution rate and the above specified rate will be applied to the NEAP Contribution rate.

Related to NEAP Contribution

  • 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:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

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

  • Elective Contribution means the Employer 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 4.1(c) and Section 4.6(b) which is used to satisfy the "Actual Deferral Percentage" tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the "Actual Deferral Percentage" tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Excess Contribution means a contribution that exceeds the