Required Contributions. The Company has made all required contributions under each Pension Plan on a timely basis or, if not yet due, adequate accruals therefore have been provided for in the financial statements. No Pension Plan has incurred any "accumulated funding deficiency" within the meaning of Section 302 of ERISA or Section 412 of the Code and no Pension Plan has applied for or received a waiver of the maximum funding standards imposed by Section 412 of the Code.
Required Contributions. The Borrower shall, and shall cause each Subsidiary of the Borrower and Controlled Group Members to, make contributions to each Plan when due in accordance with the minimum funding requirements under ERISA and the Code applicable to such Plan and pay any required PBGC premiums as and when due for such Plan.
Required Contributions. (a) (i) The Employers agree to make welfare contributions for each hour worked by each Employee covered by this Agreement in addition to the wages herein stipulated, said amounts may hereafter be amended in future bargaining as required to maintain the current level of benefits. From June 1, 2017 until May 31, 2018 each Employer shall contribute $11.56 per hour for each hour worked by each Employee covered by this agreement. From June 1, 2018 until May 31, 2019 each Employer shall contribute $11.56 per hour from the June 1, 2017 - May 31, 2018 contract year, plus such additional amount as the Union chooses to allocate from its June 1, 2018 total economic adjustment package. From June 1, 2019 until May 31, 2020 each Employer shall contribute the amount per hour from the June 1, 2018 - May 31, 2019 contract year, plus such additional amount as the Union chooses to allocate from its June 1, 2019 total economic adjustment package. From June 1, 2020 until May 31, 2021 each Employer shall contribute the amount per hour from the June 1, 2019 - May 31, 2020 contract year, plus such additional amount as the Union chooses to allocate from its June 1, 2020 total economic adjustment package. Such contributions shall be made to the Chicago Painters and Decorators Welfare Fund, hereafter referred to as the “Welfare Fund.” The Union commits to allocate to the Welfare Fund from its total economic package during the life of this contract such amounts as are required to maintain current benefits, as calculated by the Welfare Fund consultants, before any distribution is made to the wage allocation from the total economic adjustment package.
Required Contributions. Bargaining unit members covered by this Section B shall continue to pay, through payroll deduction, 8.0% of compensation earnable contribution to CalPERS. 6.197% shall be contributed toward the City’s pension costs, and 1.803% shall be contributed toward the employees’ pension contribution. The City shall pay 6.197% of compensation earnable as EPMC (Employer Paid Member Contribution) and shall report the same percent (value) of compensation earnable as special compensation pursuant to Government Code Section 20636(c) (4).
Required Contributions. Bargaining unit members covered by this Section B shall continue to pay, through payroll deduction, 8.0% of compensation earnable contribution to CalPERS.
Required Contributions. On or prior to the Closing Date, Sellers shall make, or shall cause to be made, all contributions (including without limitation, all employer matching or other contributions and employee salary reduction contributions) to and payments from any Seller Benefit Plan in respect of any Company Employees (except those distributions to be made from a trust qualified under Section 401(a) of the Code) that pursuant to the Seller Benefit Plans or in accordance with Sellers' past practice and in the ordinary course, become due or would normally be paid prior to the Closing Date.
Required Contributions. Company or the Bank has made when due all contributions required under any Employee Benefit Plan and under applicable laws and regulations.
Required Contributions. All contributions required to be made by the Acquiror or the Acquiror's Subsidiaries to such Benefit Plans pursuant to their terms and provisions have been made timely.
Required Contributions. No Target Plan that is a Target Pension Plan has incurred any "accumulated funding deficiency" within the meaning of Section 302 of ERISA or Section 412 of the Code and no Target Plan that is a Target Pension Plan has requested or received a waiver of the minimum funding standards imposed by Section 412 of the Code.
Required Contributions. If any Paying Guarantor from time to time makes , a good faith payment in connection with his or her Guaranty in excess of his or her proportionate CGCN Partner Percentage Interests of the Contributing Partners (his or her “Contributive Share” and, collectively, “Contributive Shares”) for which he or she has not been reimbursed in full by the Company or Contributing Guarantors (such unreimbursed amount, a “Payment”), each of the Contributing Guarantors will have an unconditional obligation to pay to the Paying Guarantor an amount (if any) (the “Required Contribution Amount”) so that, after payment of the Required Contribution Amount by each Contributing Guarantor; all obligations and liabilities under the Guaranties will have been borne by Contributing Guarantors in proportion to their Contributive Shares (taking into account any and all prior Payments and Required Contribution Amounts, with the exception of “Non-Reimbursable Amounts”). 4 • • ,
