Voluntary Contribution Sample Clauses

Voluntary Contribution. Subject to the terms and conditions of this agreement, Project Owner shall pay to DoD, within 10 days of the operational date of the Project, the amount of $80,000. DoD will use these funds to offset the cost of measures undertaken by DoD to mitigate adverse impacts of this Project or other energy projects within the meaning of 10 U.S.C. section 183a on military operations and readiness or to conduct studies of potential measures to mitigate such impacts. DoD will accept such payment as a voluntary contribution of funds pursuant to 10 U.S.C. section 183a. Such voluntary contribution may be in addition to voluntary contributions made by other project owners, and such other contributions may be in amounts different from that made by Project Owner. DoD will accept the voluntary contribution on behalf of the DoD parties and will transfer the funds to appropriate accounts. All voluntary contributions shall be paid electronically through Xxx.xxx.
AutoNDA by SimpleDocs
Voluntary Contribution. An Employee contribution by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated. For Plan Years beginning after the Plan Year in which this Plan is adopted (or restated) by the Employer, Voluntary Contributions are only permitted in Standardized Adoption Agreement 003 or Nonstandardized Adoption Agreement 006 whether or not the Employer utilizes the salary deferral provisions. Voluntary Contributions for Plan Years beginning after 1986, together with any Matching Contributions as defined in Code Section 401(m), will be limited so as to meet the nondiscrimination test of Code Section 401(m).
Voluntary Contribution. An Employee contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.
Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, the “Foundations”) with their important educational missions, Developer agrees to make a voluntary contribution to each of the Foundations in the amount of $50,000, which payments shall be made within two weeks of Developer’s and City’s execution of the first lease described in Section 4.13. The Foundations are an intended third party beneficiary of this provision of the Agreement, and shall have the exclusive power to enforce this provision during the term of this Agreement.
Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, the “Foundations”) with their important educational missions, Developer agrees to make a voluntary contribution to the Foundations in the amount of $25,000.00 (half to each foundation) per year for four (4) years, commencing on the date of execution of the first Lease and continuing on each anniversary thereof until the aggregate of such payments equals $100,000; provided that Developer may at any time elect to prepay such amounts, so long as the entire $100,000 is paid. The Foundations are an intended third party beneficiary of this provision of the Agreement, and shall have the exclusive power to enforce this provision during the term of this Agreement.
Voluntary Contribution. [ ] Employee elects to defer % per regular pay period (or $ per regular pay period)1 Notwithstanding the Employee’s election under this Agreement, the maximum amount by which the Employee’s salary will be reduced for any taxable year pursuant to this Agreement will not exceed the applicable limits of IRC Sections 403(b), 415 or 402(g). The applicable limits are increased in accordance with IRC Section 414(v) if the Employee is age fifty (50) or older during the plan year and with IRC Section 402(g)(7) if the Employee meets certain eligibility requirements.
Voluntary Contribution. If the Employee is eligible under the Plan to make a Mandatory Employee Contribution, the Employee may elect under this section to make an additional voluntary contribution in excess of the Mandatory Employee Contribution. If the Employee is not eligible under the Plan to make a Mandatory Employee Contribution, but eligible to make elective deferrals, the Employee may elect to defer compensation under this section.
AutoNDA by SimpleDocs
Voluntary Contribution. 2. Payment of the Mandatory Contribution by each appointed Signatory shall be the sine qua non condition for subsequent execution by such Signatory of this Agreement and assumption of the rights and obligations of a Signatory. The Committee’s decision to reduce the amount of the Mandatory Contribution shall not cause the Organization to return the resulting difference to Signatories that earlier paid the Mandatory Contribution. The amount of the resulting difference shall pass from the Mandatory Contribution of a Signatory to the Additional Contribution of such Signatory. The Committee’s decision to increase the amount of the Mandatory Contribution shall not cause the Signatories that earlier paid the Mandatory Contribution to pay the resulting difference to the Organization. The amount of the resulting difference shall be set off by the Organization’s equity. The Mandatory Contribution shall not be refundable to a Signatory in the event that such Signatory withdraws from the Organization, is replaced or its membership in the Organization is terminated.
Voluntary Contribution. Subject to the terms and conditions of this agreement, Project Owner shall pay to DoD, within 30 days of the execution of this agreement, the amount of $110,000. DoD may use these funds to integrate adjacent radar sites into the Xxxxx AFB Radar Approach Control facility and to sustain lease costs associated with maintaining these services. In addition, to support a separate effort the Project Owner shall pay to the DoD, within 10 days of the operational date of the Project, the amount of $160,000 to mitigate adverse impacts to NORAD’s operations of the Oklahoma City, Oklahoma CARSR and Xxxxx AFB ASR-11. DoD will use these funds to offset the cost of measures undertaken by DoD to mitigate adverse impacts of this Project or other energy projects within the meaning of 10 U.S.C. Section 183a on military operations and readiness or to conduct studies of potential measures to mitigate such impacts. DoD will accept such payment as a voluntary contribution of funds pursuant to 10 U.S.C. Section 183a. Such voluntary contribution may be in addition to voluntary contributions made by other project owners, and such other contributions may be in amounts different from that made by Project Owner. DoD will accept the voluntary contribution on behalf of the DoD parties and will transfer the funds to appropriate accounts. All voluntary contributions shall be paid electronically through Xxx.xxx.
Voluntary Contribution. Subject to the terms and conditions of this agreement, Project Owner shall pay to DoD, within 10 days of the date of the Operational Date of the Project, the amount of one hundred and sixty thousand dollars ($160,000). DoD will use these funds to offset the cost of measures undertaken by DoD to mitigate adverse impacts of this Project or other energy projects within the meaning of 10 U.S.C. section 183A on military operations and readiness or to conduct studies of potential measures to mitigate such impacts. DoD shall accept such payment as a voluntary contribution of funds pursuant to 10 U.S.C. section 183a. Such voluntary contribution may be in addition to voluntary contributions made by other project owners, and such other contributions may be in amounts different from that made by Project Owner. DoD will accept the voluntary contribution on behalf of the DoD parties and will transfer the funds to appropriate accounts. If the Project does not reach an Operational Date, Project Owner will not be obligated to make the voluntary contribution. All voluntary contributions shall be paid electronically through Xxx.xxx.
Time is Money Join Law Insider Premium to draft better contracts faster.