Individual Contribution definition

Individual Contribution means the amount that each Participant elects to contribute to the Plan Administrator, by means of monthly payroll deductions or by any other
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Examples of Individual Contribution in a sentence

  • If, following development and approval of a Project Business Case, it is agreed by the CJC that, without decreasing the scope, quantity or quality of the Project, the cost of a Project and therefore the amount of the Non-Council Party's Individual Contribution is lower than estimated, the Non-Council Party's Individual Contributions will be decreased.

  • Without limiting the generality of the foregoing and except as otherwise provided in Section 14.11(e), below, should the Rancho Murieta North Association ever dissolve, merge or otherwise cease to exist, the obligation of the Rancho Murieta North Association to collect Individual Contribution Amounts from its members and the obligation to make timely payments of the RMA Contribution to the Rancho Murieta Association shall be binding on the successor(s) in interest to the Rancho Murieta North Association.

  • In relation to the seventh (7th) (and final) PV-Facility: · one hundred percent (100%) of the relevant Individual Contribution Amount is payable and can be drawn - once all seven (7) PV-Facilities are connected to the power grid; - the Seller has submitted to the Buyer the Grid Connection Confirmation for all PV-Facilities; and - the instruction to release payment of the Individual Contribution Amount pursuant to the Escrow Agreement has been issued.

  • The Buyer’s Shareholder Loans shall be disbursed and become payable to as follows: In relation to the (first) six (6) PV-Facilities: · fifty percent (50%) of the relevant loan amount (such amount corresponding to fifty percent (50%) of the Individual Contribution Amount) is to be paid to the Company - once EEG-Commissioning for the relevant PV-Facility has been achieved; and - the Seller has submitted to the Buyer the EEG Commissioning Certificate.

  • In no event should You make a contribution directly to Your HSA to satisfy the overdraft in the event that You have already reached Your Individual Contribution Limit.

  • Individual Contribution Amounts shall be delinquent if not paid in full by the Lot Owner to the Rancho Murieta North Association within fifteen (15) days after the due date.

  • If during any Plan Year a Participant who is a Highly Compensated Employee is also a Participant in any other plan or arrangement described in Code sections 401(k) or 401(m) which is maintained by the Employer or an Affiliated Company, then, for purposes of determining the Individual Deferral Percentage and Individual Contribution Percentage of the Participant, the applicable contributions from such other plan shall be treated as made under the Plan for the Plan Year.

  • The Individual Deferral Percentage and the Individual Contribution Percentage of the Senior HCE Family Group Participant shall be determined in the same manner as therein prescribed, except that the applicable Contributions of all persons of the Senior HCE Family Group Participant shall be aggregated and divided by the Family Group Compensation to reach one such Individual Deferral Percentage and one such Individual Contribution Percentage for the Senior HCE Family Group Participant.

  • No Lot Owner in any portion of the Rancho North Property may waive or otherwise escape liability for the Individual Contribution Amount that is appurtenant to the Owner’s Lot by abandonment of the Owner’s Lot or by the election of such Owner, his or her tenants, guests, family members or invitees to refrain from using or enjoying any private roads or recreational facilities of the Rancho Murieta Association.

  • The Individual Contribution Amount shall be due in advance on the first day of each calendar month and shall be paid by each Lot Owner together with that Owner’s assessment obligation to the Rancho Murieta North Association.

Related to Individual Contribution

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.1(c) and Section 4.6(b) which is used to satisfy the "Actual Deferral Percentage" tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the "Actual Deferral Percentage" tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following: