Reserve Contribution definition

Reserve Contribution means, for any particular Goal, if the Goal achieved as of the Performance Vesting Date is (i) less than or equal to the Target, then zero, (ii) greater than or equal to the Target and less than the Maximum, then the product of (x) the Weighting Factor of such Goal multiplied by (y) the proportion that the Goal achieved as of the Performance Vesting Date is between the Target and the Maximum, or (iii) greater than the Maximum, then the Weighting Factor of such Goal.
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Reserve Contribution. Means the amount of Ten Thousand and 00/100ths Dollars ($10,000.00), to be deposited by Borrower into the Reserve Account each month in accordance with Section 5.18.
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Reserve Contribution has the meaning set forth in the Partnership Agreement.
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Examples of Reserve Contribution in a sentence

  • Purchaser shall be responsible for the payment at Closing of the Kiawah Island Community Association Capital Reserve Contribution which is equal to (a) one year’s annual general assessment on the Property, OR (b) .50% (.0050) of the Purchase Price, whichever is greater.

  • Commencing on the first day of the month in which Borrower is required to make its first interest payment under the Note, and continuing on the first day of each month thereafter until the Maturity Date, Borrower shall deposit the Reserve Contribution into the Reserve Account.

  • The Fringe Benefit Reserve Contribution shall apply to all Journeymen and shall be paid on hours paid.

  • Purchaser shall be responsible for the payment at Closing of the Kiawah Island Community Association Capital Reserve Contribution which is equal to (i) one year’s annual general assessment on the Property; OR, (ii) .50% (.0050) of the Purchase Price, whichever is greater.

  • Each purchaser of a Unit from the Declarant is required to pay to the Association immediately upon becoming a Unit Seller, its pro-rata share of the Reserve Fund (the "Reserve Contribution").

  • Take-Over Date: One year after Divestiture Date Term Expiration Date: January 31, 2011 Base Management Fee: Zero (i.e. no Base Management Fee) [subject to adjustment per the Settlement Agreement] Initial FF&E Reserve Balance: $660,000* FF&E Reserve Contribution: Five percent of Gross Revenues *Figure determined as of January 1, 1998.

  • Upon Closing, this amount shall be non-refundable and shall not be considered as an advance payment of any assessment levied by the Association pursuant to the Declaration (other than the Reserve Contribution).

  • Take-Over Date: Divestiture Date Term Expiration Date: August 28, 2014 Base Management Fee: Two and 85/100 percent (2.85%) of Gross Revenues [subject to adjustment per the Settlement Agreement] Initial FF&E Reserve Balance: $26,000* FF&E Reserve Contribution: Five percent of Gross Revenues * Figure determined as of January 1, 1998.

  • Any such Reserve Contribution Notice shall identify (i) the amount of funds that are needed and therefore being requested from the Partners (the “Reserve Contribution Amount”); and (ii) the date on which such funds are to be contributed to the Company and subsequently contributed by the Company to PlanCo (provided that such date shall be at least ten (10) Business Days following the Partners’ receipt of a Reserve Contribution Notice).

  • Revenues Events and Sponsor Revenues 25,000 City Contribution 250,000 Operating Reserve Contribution 0 Uses Sanitation, Hospitality and Safety 68,730 Maintenance and Facility Management 60,528 Events, Programming, and Marketing 27,750 Administration and Management 118,240 Variance Over/(Under) (249) The City of Minneapolis has established a government program to operate Peavey Plaza as a plaza for public recreation.


More Definitions of Reserve Contribution

Reserve Contribution means a contribution to the Habitat Reserve in the form of either (i) granting privately owned land, (ii) relinquishing a mining claim, (iii) restricting a mining claim or privately owned land for conservation purposes subject to later redemption by offering equivalent Conservation Value in another form, or (iv) granting or relinquish- ing the surface rights of privately-owned land or a mining claim while retaining the right to conduct sub- surface mining (see Section 10(b))
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Related to Reserve Contribution

  • 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:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Qualified Nonelective Contributions means contributions other than Matching Contributions or Qualified Matching Contributions) made by the Employer and allocated to participants’ accounts that the participants may not elect to receive in cash until distributed from the Plan; that are nonforfeitable when made to the Plan; and that are distributable only in accordance with the distribution provisions (other than for hardships) applicable to Pre-Tax Contributions.

  • Nonelective Contribution means an amount contributed by a participating

  • 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.