Required Contribution Clause Samples
Required Contribution. All employees who are eligible to accumulate sick leave must contribute one-half (1/2) day of their sick leave allowance at the beginning of each fiscal year.
Required Contribution. Each Sponsor who wants to establish a Trust Account for a Designated Beneficiary must agree to make the initial minimum contribution specified in the Sponsor Agreement upon acceptance by the Trustee.
Required Contribution. The City agrees to pay the employee’s portion of the retirement contribution under the Employer-Pay Contribution Plan in the manner provided for by NRS 286. Any increase in the percentages rate of the retirement contributions to the Public Employees Retirement Fund shall be borne equally by the City and the employee in the manner provided for by NRS 286.421. Payment of the employee’s share of the increased contribution amount will be accomplished through a reduction in the hourly rates and/or annual salaries defined in the attached wage schedules, and such changes are not subject to bargaining by the parties.
Required Contribution. The Board of Directors shall determine what, if any, contribution the Additional Member need make and the number and class of Interests to be issued to such Member. The Board
Required Contribution. Borrowers shall be evaluated for their ability to contribute to short refinance losses. The contribution required from the borrower (“Required Contribution”) will be the lesser of (1) the available funds for contribution, or (2) the baseline contribution as defined below.
Required Contribution. The Managers shall determine the contribution the New Member needs to make and the number and class of interests to be issued to such Member. The Managers may provide that the required contribution may be paid prior to, at the time of, or subsequent to, the issuance of any interest to such Member and that any subsequent contribution may be made from distributions paid or payable in respect of such interest. If any portion of a required contribution is payable after the issuance of the interest, the Managers may determine that any rights otherwise incident to such interest (including, without limitation, voting, distribution, inspection and transfer rights) will not come into effect until such required contribution has been made. At any time that the voting rights in respect of such interest have been suspended, in determining whether a required percentage of Interests have approved any action, such Interests shall be excluded from both the numerator and the denominator of such percentage computation.
Required Contribution. All contributions required to be made to each Company Benefit Plan under the terms of that Company Benefit Plan, ERISA, the Code, or any other applicable law have been timely made, and are fully deductible in the year for which they were paid, and all other amounts that should be accrued to date as liabilities of the Company under or with respect to each Company Benefit Plan (including incurred but not reported claims) for the current plan year of the Company Benefit Plan have been recorded on the books of the Company.
Required Contribution. Within three (3) Business Days after --------------------- Borrower or any ERISA Affiliate knows or has reason to know that required contributions to any Plan were not made in a timely manner.
Required Contribution. Before the date of the MJ&Co Conversion, MJN contributed to MJ&Co (and did not subsequently withdraw prior to the date of the MJ&Co Conversion) an amount no less than $1.74 billion to repay the intercompany debt owed by MJ&Co to ERS.
Required Contribution. The Board shall determine the contribution the New Member needs to make and the number and class of interests to be issued to such Member. The Board may provide that the required contribution may be paid prior to, at the time of, or subsequent to, the issuance of any interest to such Member and that any subsequent contribution may be made from distributions paid or payable in respect of such interest. If any portion of a required contribution is payable after the issuance of the interest, the Board may determine that any rights otherwise incident to such interest (including, without limitation, voting, distribution, inspection and transfer rights) will not come into effect until such required contribution has been made. At any time that the voting rights in respect of such interest have been suspended, in determining whether a required percentage of Class A Common Interests and Class C Interests have approved any action, such Interests shall be excluded from both the numerator and the denominator of such percentage computation.