Common use of Deduction Limitations Clause in Contracts

Deduction Limitations. The annual Employer, Matching, and Elective Deferral Contributions and any other Employer contribution shall, in the aggregate, not exceed the greater of: (i) the Employer's "Primary Limitation" (as defined below) for the Taxable Year which ends with or within the Plan Year for which the Employer, Matching, and/or Elective Deferral Contribution and/or other Employer contribution is being made: or (ii) the Employer's "Secondary Limitation" (as defined below) for the Taxable Year which ends with or within the Plan Year for which the Employer, Matching, and/or Elective Deferral Contribution and/or other Employer contribution is being made.

Deduction Limitations. The annual Employer, Matching, and Elective Deferral Contributions and any other Employer contribution shall, in the aggregate, not exceed the greater of: (i) the Employer's "Primary Limitation" (as defined below) for the Taxable Year which ends with or within the Plan Year for which the Employer, Matching, and/or 31 Elective Deferral Contribution and/or other Employer contribution is being made: or (ii) the Employer's "Secondary Limitation" (as defined below) for the Taxable Year which ends with or within the Plan Year for which the Employer, Matching, and/or Elective Deferral Contribution and/or other Employer contribution is being made.