Deposit Contribution definition

Deposit Contribution is defined in Section 2.2(b) of the ECCA.
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Deposit Contribution means the annual dollar amount determined by the Board of Directors which is payable by each Member as its established share of the funding required to cover the financial obligations of a Coverage Program in which the Member participates.
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Examples of Deposit Contribution in a sentence

  • If materially all of the obligations of all of the Joint Loans concluded on the Platform within a calendar year were duly fulfilled by the Borrowers (and/or by the Founders via corresponding Sureties), the Security Deposit Contribution made in that calendar year shall be fully or partially paid back to the Borrower.

  • The amount of the Employer Matching Contribution, if any, shall be between 0% and 100% (to be determined at the Employer's discretion) of the portion of each Participant's Salary Deposit Contribution that qualify for a matching contribution.

  • Participants eligible to receive a Matching Contribution, if any, for a Plan Year shall be only those Participants who made a Salary Deposit Contribution during the Plan Year.

  • Each Co-Purchaser will pay its Deposit Contribution (if any) to the Vendor in the manner prescribed by the Purchase Agreement.

Related to Deposit Contribution

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Matching Contribution Account means the portion of a Participant’s Account attributable to Matching Contributions and Earnings thereon.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Rollover Contribution Account means, for any Participant, the account described in Section 12.1 or 12.2, as established by the Administrator or the Trustee, to which the Participant's Rollover Contribution, if any, is allocated.