Total Annual Contribution definition

Total Annual Contribution means, for any Term Year, the amount computed in accordance with Section 4.1, which is the sum of all Airlines’ Annual Contributions for that year.
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Total Annual Contribution has the meaning set forth in Section 8.1(b).
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Examples of Total Annual Contribution in a sentence

  • The Total Annual Contribution for the Last Partial Term Year, if any, shall equal the product of (i) the amount determined in accordance with Section 4.1(b) (if the Last Partial Term Year occurs prior at or to the completion of five Full Term Years) or Section 4.1(c) (if the Last Partial Term Year occurs after the completion of five Full Term Years), as applicable, multiplied by (ii) the fraction equal to (A) the number of days of the Term in that year divided by (B) the number of days in that year.

  • S.A Plan City’s Contribution* Employee’s Contribution Matching City Contribution** Total Annual Contribution Employee $1250 $700 $700 $2650 Employee + Spouse $2500 $1300 $1300 $5100 Employee + Child(ren) $2500 $1300 $1300 $5100 Employee + Spouse + Child(ren) $2800 $1500 $1500 $5800 *City contribution paid in one installment in January each year.

  • If a Capital Project is not approved by the Airlines in accordance with Section 6.3(c) and is not a Government-Mandated Capital Project, the Lessee may undertake the project at its own expense, and those costs shall not be added to the Total Annual Contribution (or any part thereof).

  • Subject to this Section 6.1, the Lessee shall diligently carry out and complete all Capital Projects identified on Schedule J (the “Initial Capital Projects”) without any addition to the Total Annual Contribution.

  • For any Term Year, the Total Terminal Contribution shall equal the difference of (i) 58% of the Total Annual Contribution for that year minus (ii) the Total Exclusive Use Rent for that year.

  • For the avoidance of doubt, any increase to the Total Landing Contribution, Total Domestic Terminal Contribution, Total International Terminal Contribution or Total Local Terminal Contribution on account of an approved Capital Project is not subject to, and does not affect, any adjustment of the Total Annual Contribution for inflation.

  • The Total Annual Contribution for the First Partial Term Year, if any, shall equal the product of (i) $62,000,000 multiplied by (ii) the fraction equal to (A) the number of days of the Term in that year divided by (B) the number of days in that year.

  • The Total Annual Contribution for each of the first five Full Term Years shall be $62,000,000.

  • In any given Term Year, the amount included in such portion of the Total Annual Contribution shall equal the amortized amount for that Term Year plus financing costs on the unamortized portion of the project calculated on a straight line basis at a rate equal to the announced rate for the Bank of America Xxxxxxx Xxxxx U.S. Corporate Master Index (Ticker: C0A0) in effect at a date reasonably designated by the Lessee.

  • This Section 6.3 applies to any Capital Project for which the Lessee seeks contribution from the Airlines in the form of an increase to the Total Annual Contribution.

Related to Total Annual Contribution

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

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Average annual payroll means the average of the annual

  • Annual Compensation means an amount equal to the greater of:

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • 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.