Matching Payments Sample Clauses

Matching Payments. The District will make an employer matching payment to the tax deferred savings plans. The District payment will be made to the State of Minnesota Deferred compensation Plan (457) and/or the Special School District No. 1 403(b) Plan.
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Matching Payments. The parties agree and confirm that Transactions entered into pursuant to this Master Agreement either shall have matching or corresponding Scheduled Payment Dates or shall have Party A's Scheduled Payment Dates occurring more frequently than Party B's Scheduled Payment Dates. If, despite the foregoing, a Transaction is entered into other than as above, the parties shall make (i) such amendments to this Master Agreement; (ii) include such provisions in the Confirmation for such Transaction; or (iii) enter into such other arrangements, as may reasonably be necessary to give effect to such Transaction pursuant to this Master Agreement.
Matching Payments. The Commonwealth will pay Matching Payments to FWPA in accordance with the Agreement. The Commonwealth will pay Matching Payments to FWPA of amounts equal to the one-half of FWPA’s Eligible R&D Expenditure, subject to the total appropriation amount worked out under subsection 9(4) of the Act and, to the Gross Value of Production for each financial year. The Commonwealth will pay the Matching Payments to FWPA as soon as reasonably practicable after receiving from FWPA: a correctly rendered claim for payment identifying an amount that is one-half of FWPA’s Eligible R&D Expenditure; and satisfactory substantiation that FWPA has met all the requirements set out in the Act and under this Agreement to trigger its right to receive the Matching Payments. For the purposes of clause 14.5(b), a certificate stating compliance with the relevant requirements of the Act and this Agreement, signed by the Executive Director or the Chief Financial Officer (or equivalent) of FWPA, is satisfactory substantiation, in the absence of any evidence to the contrary. FWPA’s final claim for Matching Payments in respect of Eligible R&D Expenditure made in a Financial Year must be supported by an independent audit report of FWPA’s financial statements. (This work may be completed in accordance with the Standard on Assurance Engagements ASAE 3100.) Upon request, FWPA must provide a reconciliation between the total amount of Eligible R&D Expenditure on which its claim for Matching Payments for the Financial Year is based and the amounts shown in the audited financial statements. FWPA Payments FWPA will pay the Commonwealth: the Administration Expenses; any refunds paid by the Commonwealth in respect of Xxxx; and any Excess Matching Payments. The Commonwealth may invoice FWPA from time to time for the amounts identified in clause 14.9 and the parties agree that FWPA will have made a payment by either: the Commonwealth reduces a payment of Levy Funds and/or Matching Payments by an amount equal to the payment required; or FWPA makes the payment to the Commonwealth by direct deposit or other method agreed between the parties. Estimates and Forecasts Upon request by the Commonwealth, FWPA must provide to the Commonwealth: an indicative estimate of the amount of the Levy Funds and Matching Payments it expects the Commonwealth to pay to it under the Act, for the current and future Financial Years as requested by the Commonwealth; and a monthly breakdown of the estimated amount of Levy Funds and...
Matching Payments. 14.3 The Commonwealth will pay Matching Payments to Hort Innovation in accordance with the Act.

Related to Matching Payments

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Payment of Deferred Compensation Any compensation that has been earned by the Executive but is unpaid as of the Termination Date, including any compensation that has been earned but deferred pursuant to the Company's Deferred Compensation Plan or otherwise, shall be paid in full to the Executive on the Termination Date.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

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