Allocation of Basic Contributions Sample Clauses

Allocation of Basic Contributions. Basic Contributions for the benefit of a Participant made during any month shall be credited to his Basic Account as of the day immediately following the date on which such contribution was made.
Allocation of Basic Contributions. At the time of payment of any Basic Contributions to the Trust (including any special Basic Contributions made pursuant to the second sentence of Section 4.01), the Company shall deliver to the Committee a schedule showing the name of each Participant and the amount of Basic Contributions made on his behalf. The schedule shall also contain such other information as the Committee may reasonably require for the proper administration of the Plan. Upon receiving all such schedules with respect to any period ending on a Valuation Date and after the account balances of the Participants have been adjusted as provided in Section 5.05, the Committee shall credit

Related to Allocation of Basic Contributions

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.