Minimum Contribution Amount definition

Minimum Contribution Amount has the meaning given to such term in Clause 23.2(c) (Financial Covenants).
Minimum Contribution Amount. Your minimum annual Contribution on behalf of all Participants under this Contract shall be twenty thousand dollars ($20,000). This minimum figure is for aggregate annual Contributions, not for each Participant.
Minimum Contribution Amount means a minimum amount that may be contributed to the Scheme and includes regular and lump sum contributions, Member contributions and Employer contributions.

Examples of Minimum Contribution Amount in a sentence

  • A Clearing Member shall, upon receipt of a notice of approval of its application to become a Clearing Member, deliver Collateral with an aggregate value, determined by OTC Clear in accordance with Chapter 7 of the Clearing Procedures, equal to the Rates and FX Minimum Contribution Amount plus such other amount as OTC Clear may determine at its discretion based on projected clearing activity of such Clearing Member as its initial contribution to the Rates and FX Guarantee Fund.

  • LL&A may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by LL&A that incorporates such modification.

  • Lincoln Life may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by Lincoln Life that incorporates such modification.

  • UNUM may, at its option, discontinue this Contract in whole or in part if (a) You fail to meet the Minimum Contribution Amount specified in Section 1.1 or (b) a modification in this Contract is necessary in order to comply with Federal or State requirements, including the Employee Retirement Income Security Act of 1974, and You refuse to accept a substantially similar contract offered by UNUM that incorporates such modification.

  • When the Total Minimum Contribution Amount is Insufficient Fm purposes of the following steps: The.Pension Board actuary's calculations shall be based on actuarial methods and assumptions developed in the Actuarial Study Process defined and described on attached Exhibit "A" , the definition of "Closure Costs" on attached Exhibit "B", a deemed "Prior Closme Cost Rate" of 1.27%, and the following deemed recommended contribution rates for the October.

  • If the Total Minimum Contribution Amount is equal to or greater than the Total Contribution Amount, the steps in subsection c.

  • Plan Fees and Expenses, page 25 Contributions Minimum Contribution Amount: $25.00 ($12.50 for payroll direct deposit) The Plan requires minimum contributions of $25.00 to an Account, unless you contribute through payroll direct deposit.

  • Notwithstanding the foregoing, for purposes of the top heavy rules Sections (Key Employee), (Minimum Benefit Amount), (Minimum Contribution Amount) and (Top Heavy) of the Plan, and for purposes of the application of Code Section 415 under Sections (Annual Additions), (Similar Plan Allocation Limitation), and (Dissimilar Plan Allocation Limitation) compensation means Code Section 415 Compensation.

  • Approximate Maximum DAA Bonuses levels can be found in the following table: Minimum Contribution Amount Monthly percentage (20 working days) Daily percentage Daily (1) €100,00 2% 0,10% 45 €400,00 5% 0,25% 90 €600,00 7% 0,35% 180 €1 000,00 9% 0,45% Users are allowed to purchase any subtype of Conservative Tokens.

  • Annex A Global Environment Facility Minimum Contribution Amount Inflation Adjustment Methodology The measure of inflation applied to the minimum contribution amount for participants is the Special Drawing Rights (SDR) deflator.

Related to Minimum Contribution Amount

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”