Contribution Credit definition

Contribution Credit means the applicable percentage used to compute an eligible Participant’s DC SERP Contributions under Section 4.4.

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Contribution Credit means the tax credit available to taxpayers in exchange for a contribution

Contribution Credit means an amount equal to the value of the contribution or equitable indemnification Claim, if any, that the Court determines such Barred Person would be entitled to assert against one or more Settling Defendants but for operation of the Bar Order, which shall be equal to the aggregate proportionate shares of liability, if any, of the Settling Defendants as determined by the Court at the time of entry of any judgment against any Barred Person, adjusted to reflect any limitation on the financial capability of any Settling Defendants to pay their respective proportionate shares of liability to the Barred Person had the Barred Person obtained a contribution or equitable indemnification judgment against them in such amount, or in the absence of the Settlement, had a judgment been entered against any or all Settling Defendants in this case;

Examples of Contribution Credit in a sentence

• Such individual’s Contribution Credit Service and Vesting Service shall be determined in accordance with the provisions of Sections 3.4 and 3.5.

• Except as otherwise provided in this Section, Contribution Credit Service shall include the Participant’s aggregate periods of employment (including years and fractions thereof) with the Bank or with an entity covered by the Financial Institutions Retirement Fund on and after January 1, 1996.

• The Contribution Credit for a Participant who has a Termination of Employment shall be credited as of the date of termination.

• No Contribution Credit shall be credited to the Account of any Participant for, or with respect to, any year prior to 2003.

• Any unapplied portion of a Contribution Credit that has been assigned to a member who withdraws from the Fund (or whose membership in the Fund is terminated) after the Effective Date of the Contribution Credit shall be, in the sole discretion of the Fund (to be exercised and/or changed at any time), credited back to the Fund (in which case the former member shall lose all rights in the Contribution Credit).

More Definitions of Contribution Credit

Contribution Credit means the applicable percentage used to compute an eligible Participant’s DC SERP Benefit under Article V.

Contribution Credit means the credit to an Account described in Section 4.2.

Contribution Credit means a contribution credit by Council towards a Development Contribution as set out in the column titled “Contribution Credit” in Schedule 3. Council means Goulburn Mulwaree Council ABN 84 ▇▇▇ ▇▇▇ ▇▇▇. Date of Completion means, in relation to each Item of Work, the date on which the works are Completed, being the earlier of:

Contribution Credit means an amount equal to 7% of total Compensation paid in the full Plan Year which shall be credited to a Participant’s account for each Plan Year the officer is a Participant, including the Plan Year in which the designation by the Committee occurs. No Contribution shall be based on Compensation paid after a participant ceases to be an officer.

Contribution Credit means the amounts credited on behalf of the Executive by the Bank to the Executive’s Account under the terms of the Plan.

Contribution Credit means an amount equal to 7% of total Compensation paid in the full Plan Year which shall be credited to a Participant’s account for each Plan Year the officer is a Participant, including the Plan Year in which the designation by the Committee occurs. Accounts will be credited with Contribution Credits as soon as administratively practicable following each payroll period to each Participant who is employed as an officer during that payroll period. No Contribution shall be based on Compensation paid after a Participant ceases to be an officer; provided, however, for the Plan Year beginning May 1, 2017, Contribution Credits for Participants in the Plan as of that date will be based on Compensation paid through December 31, 2017 regardless of a change in officer status during the Plan Year. Notwithstanding the foregoing, for all purposes under the Plan, effective for periods on or after January 1, 2018, no further accounts will be credited with Contribution Credits.

Contribution Credit means an amount equal to the value of the contribution or equitable indemnification claim, if any, that the Court determines such Barred