Common use of Contribution Payment Clause in Contracts

Contribution Payment. The Member will remit Contributions to the Pool at the beginning of each quarter of the fiscal year by paying to the Pool four quarterly installments (every three months of the plan year) of twenty-five (25) percent each of the estimated annual Contribution, or as mutually agreeable by both the Member and the Pool.

Appears in 1 contract

Sources: Participation Agreement

Contribution Payment. The Member will remit Contributions to the Pool at either the beginning of each quarter of the fiscal year by paying to the Pool four quarterly installments (every three months of the plan year) of twenty-five percent (25%) percent each of the estimated annual Contribution, or as mutually agreeable by both the Member and the Pool.

Appears in 1 contract

Sources: Participation Agreement