Statutory Limitation definition

Statutory Limitation means for any calendar year the maximum dollar amount of compensation that may be taken into account under the ESOP, the Savings Plan and the Pension Plan pursuant to section 401(a) (17) of the Code.
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Statutory Limitation means for any calendar year the maximum dollar amount of compensation that may be taken into account under the ESOP, the Savings Plan and the Pension Plan pursuant to section 401(a) (17) of the Code. 2.17 Stock Account means a separate memorandum account established in respect of a Participant which shall be credited with Plan Units intended to compensate such Participant for employer contributions under the ESOP and Savings Plan which have been cut back due to the Statutory Limitation. 2.18 Termination of Employment means a Participant’s termination of service as such is defined for purposes of the ESOP, the Savings Plan and the Pension Plan. 2.19 Valuation Date means the last day of any calendar year (or such other date or dates as the Plan Administrator may specify from time to time). 2.20 WABCO Spin Off means the distribution by the Company of WABCO Holding, Inc. to the Company’s shareholders.
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Statutory Limitation means for any calendar year the maximum dollar amount of compensation that may be taken into account under the ESOP, the Savings Plan and the Pension Plan pursuant to section 401(a) (17) of the Internal Revenue Code of 1986, as amended (or any successor section thereto).
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Examples of Statutory Limitation in a sentence

  • This statutory declaration shall be dated five(5) days after the expiry of the Statutory Limitation Period for filing claims, applicable in the location where the Work has been performed.

  • For a regional convention of a similar nature, see the European Convention on the Non-Applicability of Statutory Limitation to Crimes against Humanity and War Crimes (Strasbourg, 25 January 1974), Council of Europe, Treaty Series, No. 82.

  • This statutory declaration shall be dated five (5) days after the expiry of the Statutory Limitation Period for filing claims, applicable in the location where the Work has been performed.

  • European Convention on the Non-Applicability of Statutory Limitation to Crimes against Humanity and War Crimes, art.

  • The Commencement of Statutory Limitation Periods Between the Owner, Contractor and assignees are as follows: • Before Substantial Completion.

  • The holdback monies will become due and payable on the day following the expiration of the Statutory Limitation Period stipulated in the Mechanic’s Lien Act applicable to the place of buildings.

  • Note on Statutory Limitation on Distribution of FundsSection 2304 of HERA and 1479(a)(7)(A) of the Dodd-Frank Act states that none of the funds made available under this Title or title IV shall be distributed to an organization that has been convicted of a violation under Federal law relating to an electionfor Federal office; or an organization that employs applicable individuals.

  • Consolidation into a Lump Sum, Saving Clause, Statutory Limitation, Right of Retention19.1 In all cases of lump-sum damages and fees, the right of the Organiser to prove a higher loss or cost to the Participant remains unaffected.

  • This statutory declaration shall be dated no sooner than five (5) days after expiry of the latest Statutory Limitation Period for filing liens, applicable in the jurisdiction where THE WORK has been performed.

  • FEDERAL RESERVE BOARD, Federal Debt Subject to Statutory Limitation, in STATISTICAL SUPPLEMENT TO THE FEDERAL RESERVE BULLETIN, DECEMBER 2007, at 25, 25 (2007), available at http://www.federalreserve.gov/pubs/supplement/2007/12/table1_40.htm (providing public debt data as of Sept.


More Definitions of Statutory Limitation

Statutory Limitation means any limitation imposed from time to time by the Code on benefits payable under a defined benefit plan qualified under Section 401(a) of the Code.
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Related to Statutory Limitation

  • Effluent limitation means any restriction imposed by the Director on quantities, discharge rates, and concentrations of pollutants that are discharged from point sources into waters of the United States, the waters of the contiguous zone, or the ocean.

  • Limitation Acts means the Limitation Xxx 0000 and the Foreign Limitation Periods Xxx 0000.

  • Parent of a covered servicemember means a covered servicemember’s biological, adoptive, step or foster father or mother, or any other individual who stood in loco parentis to the covered servicemember. This term does not include parents “in law.”

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;