Plan Sponsor Contribution definition

Plan Sponsor Contribution means the amount contributed to a Participant’s Plan Sponsor Contribution Account pursuant to Section 3.1 and 3.2.
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Plan Sponsor Contribution means the contribution by the Plan Sponsor to the Settlement Trust, in Cash, of $[●].
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Plan Sponsor Contribution means the amount contributed to a Participant's Plan Sponsor Contribution Account pursuant to Sections 3.1 and 3.2.
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Examples of Plan Sponsor Contribution in a sentence

  • From time to time, as appropriate, the Plan Sponsor will also credit the Participant’s Plan Sponsor Contribution Account and the Participant’s Separation from Service Account with interest on the existing credit balance at a rate determined at the sole discretion of the Plan Sponsor, said rate to EQUAL THE DECEMBER 31 RATE OF MOODY’S AAA CORPORATE BOND YIELD FORECAST for the first Plan Year and for all subsequent periods unless changed by the Plan Sponsor.

  • The Plan Sponsor may make discretionary contributions to the Participant’s Plan Sponsor Contribution Account as it may determine from time to time and may direct that such contributions be allocated to those Participants that it may select.

  • To: [•] Subject: Opta Exchange-Traded Notes due February 25, 2038, Notice of Early Redemption, CUSIP No. 52522L756 [BODY OF CORRESPONDENCE] Name of holder: [ ] Number of Notes to be redeemed: [ ] Desired Valuation Date: [•], [ ], 20[ ] (You may only specify a trading day from February 21, 2008 to February 21, 2038, inclusive, as your desired valuation date).

  • The Plan Sponsor Contribution shall be used as needed to pay Allowed DIP Claims, Allowed General Unsecured Claims, Allowed Unsecured Notes Claims and other Allowed Claims against and obligations of the Debtors payable under the Plan.

  • The Plan Sponsor’s agreement to make the Plan Sponsor Contribution is conditioned upon certain events and actions to be taken by the Debtors, and there can be no assurance that the Debtors will be able to satisfy the applicable conditions necessary to consummate the Plan Sponsor Contribution.

  • All Cash consideration necessary for the Reorganized Debtor to make payments or distributions pursuant to this Plan shall be obtained from Cash of the Reorganized Debtor or, in the case of Plan Sponsor, solely from the Plan Sponsor Contribution Amount.

  • More specifically, the occurrence of the Effective Date is predicated on, among other things, (i) entry into the Exit Facilities; and (ii) consummation of the Plan Sponsor Contribution.

  • On the Effective Date, the Plan Sponsor shall fulfill its funding obligations under the Plan Support Agreement by contributing the Plan Sponsor Contribution to Reorganized Optima as a contribution to capital in respect of the Plan Sponsor’s outstanding and Unimpaired Existing Optima Common Stock.

  • In no case shall the Plan Sponsor credit interest of more than a six (6) percent rate in any plan year to the Participant’s Plan Sponsor Contribution Account and the Participant’s Separation from Service Account.

  • Each Party shall: (i) be responsible for day-to-day implementation and operations of the Development, Manufacturing and Commercialization activities with respect to Collaboration Compounds and Collaboration Products in the Field for which it has or is otherwise assigned responsibility under the applicable Plan or this Agreement, and (ii) keep the other Party reasonably informed as to the progress of such activities, as reasonably requested by the other Party.


More Definitions of Plan Sponsor Contribution

Plan Sponsor Contribution means the contribution and payment by the Plan Sponsor to the Settlement Trust, in Cash, of $[●]in an amount equal to the Allowed DIP Facility Claims, plus $875,000, provided, however, that $37,500 of this amount shall be contributed by the Debtors to the extent of Cash on hand as of the Effective Date, provided, further, that if the Debtors do not have sufficient Cash on hand to pay any of its portion under the foregoing proviso, the Plan Sponsor shall immediately pay the balance of such portion.
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Related to Plan Sponsor Contribution

  • 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.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Elective Deferral, under a plan maintained by the Employer.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).