Reduced Contribution definition
Reduced Contribution means, at any date of determination, the excess of [****] percent ([****]%) of the Borrower’s Company Action Level Risk Based Capital over the Borrower’s Modified Total Adjusted Capital, each, determined as of the end of the most recent calendar quarter.
Examples of Reduced Contribution in a sentence
The contribution established in section 5 of the Reduced Contribution Regulation (CQLR, c.
If Donor is a Single Taxpayer or Married Filing Separately and His or Her MAGI Is: If Donor is Married Filing Jointly and His or Her MAGI Is: The Donor May Make: $95,000 and under $190,000 and under Full Contribution More than $95,000 but less than $110,000 More than $190,000 but less than $220,000 Reduced Contribution (see explanation above) $110,000 and higher $220,000 and higher Zero (no contribution) For example, assume that a ▇▇▇▇▇’s MAGI for the year is $197,555 and she is married, filing jointly.