TRASOP Contributions definition

TRASOP Contributions means the contributions made by PPL in accordance with Section 4.1.
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TRASOP Contributions means the contributions made by PPL in accordance with Sections 4.1(a) and 4.1(b).
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TRASOP Contributions means the contributions made by PP&L in accordance with Sections 4.1(a) and 4.1(b).
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Examples of TRASOP Contributions in a sentence

  • If the investment tax credit earned for a Year exceeds the maximum investment tax credit that may be used in reducing the Company's Federal income tax liability for that Year, the Company and other participating Emp~yers shall delay making the T.RASOP Contributions which would exceed the usable investment tax credit until the time the Company's consolidated Federal income tax return is filed for a subsequent year in which the carryover is utilized.

  • TRASOP Contributions for a Year shall be paid over to the Trustee and allocated to a participant's account on or before the 30th day following the due date for filing the Company's Federal income tax return for that Year, including any extension of such due date, but the allocation shall be not later than October 15 of any Year.

  • The Employee Benefit Plan Board shall monitor the level of Participants' Matching Contributions and TRASOP Contributions under Section 4.1(b) and elective deferrals, employee contributions, and employer matching contributions under any other qualified retirement plan maintained by PPL or any Affiliated Company to ensure against exceeding the limitations of Section 4.6 for any Plan Year.

  • A Member's matching Member TRASOP Contributions shall be allocated to his Employee Contribution ESOP Account as received.

  • In any event, matching Member TRASOP Contributions must be received no later than twenty-four months following the end of the Taxable Year with respect to which such pledges relate were made.

  • Member TRASOP Contributions shall be invested in the Panhandle Eastern Stock Fund as soon as practicable, but no later than 30 days after receipt thereof.

  • Further, if the aggregate matching Member TRASOP Contributions for any Plan Year made within the time allowed therefor is less than the allowable Matching Investment Credit, the excess of the Company secondary contribution made under Section 13.3(b) over the aggregate matching Member TRASOP Contributions may be withdrawn from the Plan by the contributing entity.

  • Such allocation shall be on the basis of the matching Member TRASOP Contributions of such Member and each Member's Company Contribution ESOP Account shall receive a portion of such secondary Company TRASOP Contribution equal to such Member's matching Member TRASOP Contributions for such Plan Year.

  • The Employee Benefit Plan Board shall monitor the level of Participants' Matching Contributions and TRASOP Contributions under Section 4.1(b) and elective deferrals, employee contributions, and employer matching contributions under any other qualified retirement plan main- tained by the Company or any Affiliated Company to ensure against exceeding the limitations of Section 4.6 for any Plan Year.

  • Notwithstanding the foregoing, PPL shall not be under any obligation to make any TRASOP Contributions under the Plan with respect to any Plan Year in which it is not entitled to an Additional Investment Credit equal to the amount of such TRASOP Contributions.

Related to TRASOP Contributions

  • 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.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Employer Contributions means all amounts paid into ASRS by an

  • Member contributions means all amounts paid to ASRS by a member.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Accumulated contributions means the sum of all

  • 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:

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Regular contributions means the amounts required to be

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • After-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Other Contributions means financial or in-kind contributions other than the Grant as set out below: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.