Return of Employer Contributions Sample Clauses

Return of Employer Contributions. Notwithstanding any other provisions of this Plan, contributions made by an Employer may be returned to such Employer if:
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Return of Employer Contributions. The Trustee shall, upon request by the Employer, return to the Employer the amount (if any) determined under Section 14.22. Such amount shall be reduced by amounts attributable thereto which have been credited to the Accounts of Participants who have since received distributions from the Trust, except to the extent such amounts continue to be credited to such Participants' Accounts at the time the amount is returned to the Employer. Such amount shall also be reduced by the losses of the Trust attributable thereto, if and to the extent such losses exceed the gains and income attributable thereto, but will not be increased by the gains and income of the Trust attributable thereto, if and to the extent such gains and income exceed the losses attributable thereto. In no event will the return of a contribution hereunder cause the balance of the individual Account of any Participant to be reduced to less than the balance which would have been credited to the Account had the mistaken amount not been contributed.
Return of Employer Contributions. Upon written request by the Employer, the Trustee must return any Employer Contributions provided that the circumstances and the time frames described below are satisfied. The Trustee may request the Employer to provide additional information to ensure the amounts may be properly returned. Any amounts returned shall not include earnings, but must be reduced by any losses.
Return of Employer Contributions. Except as provided in this Section, any Employer contributions to the Trust shall be irrevocable and neither such contributions nor any income therefrom shall be used for, nor diverted to, purposes other than for the exclusive benefit of Participants or their Beneficiaries under the Plan; however, upon written request from the Employer, the Trustee shall return to the Employer the amount of the Employer's contribution made by mistake of fact. Any contribution made by the Employer because of a mistake of fact must be returned to the Employer within one year after the date when the contribution was made. The Trustee shall not increase the amount of the Employer contribution to be returned for any earnings attributable to the contribution, but the Trustee shall decrease the Employer contribution to be returned for any losses attributable to the contribution.
Return of Employer Contributions. The Trustee shall, upon request by the Employer, return to the Employer the amount (if any) determined under Section 14.22. Such amount shall be reduced by amounts attributable thereto which have been credited to the Accounts of Participants who have since received distributions from the Trust, except to the extent such amounts continue to be credited to such Participants' Accounts at the time the amount is returned to the Employer. Such amount shall also be reduced by the losses of the Trust attributable thereto, if and to the extent such losses exceed the gains and income attributable thereto, but will not be increased by the gains and income of the Trust
Return of Employer Contributions. The Trustee shall return a contribution of an Employer or the relevant portion thereof (including Before-Tax Contributions) upon the Employer’s written request, reduced by the amount of any losses thereon, within one year after the date of payment to the Trustee, under the following circumstances:
Return of Employer Contributions. (a) The Employer contributes to this Plan on the condition that its contribution is not due to a mistake of fact and that the Internal Revenue Service will provide a favorable letter of determination on the initial qualification of the Plan and will not disallow the deduction for its contribution. The Trustee, upon written request from the Employer, must return to the Employer the amount of the Employer's contribution made by the Employer by mistake of fact or the amount of the Employer's contribution disallowed as a deduction under Code section 404, as well as all amounts contributed by the Employer if the Plan is denied its initial contribution. The Trustee will not return any portion of the Employer's contribution under the provisions of this Section 4.07 more than one (1) year after:
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Return of Employer Contributions. If an amount is contributed by the Employer or a Member Employer due to a mistake of fact, such Employer or Member Employer shall be entitled to recover such amount within one year of the date such contribution is made. Unless otherwise provided in a resolution of the Board, any amounts contributed by the Employer or a Member Employer which are disallowed as a deduction under Code Section 404 shall be returned to the Employer or Member Employer within one year of the date such deduction is disallowed. Trust income attributable to the amount to be recovered shall not be paid to the Employer or Member Employer, but Trust loss attributable thereto shall reduce such amount.
Return of Employer Contributions. The rules relating to the return of Employer Contributions are as follows:
Return of Employer Contributions. Notwithstanding any, provision herein to the contrary, upon the Employer's request, a contribution which was made upon a mistake of fact or conditioned upon deductibility of the contribution under Section 404 of the Code shall be returned to the Employer within one (1) year after payment of the contribution or disallowance of the deduction (to the extent disallowed), as the case may be. 21 ARTICLE V
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