Limit on Contributions Clause Samples
A Limit on Contributions clause sets a maximum amount that a party can contribute, typically in the context of financial investments, donations, or capital infusions. This clause specifies the upper threshold for contributions, ensuring that no party exceeds the agreed-upon cap, and may outline the process for monitoring or enforcing these limits. Its core function is to prevent over-contribution, thereby maintaining fairness among parties and protecting against undue influence or financial imbalance.
Limit on Contributions. I certify that I intend that this Account fund the Qualified Higher Education Expenses of the Beneficiary of the Account, that each Contribution to the Account will be for that purpose, and that I will not make any Contribution to the Account if, to the best of my knowledge, the total value of the Account combined with the total value of all other accounts established for the Beneficiary in other qualified tuition programs under Section 529 of the Internal Revenue Code exceeds the amount necessary to provide for the Qualified Higher Education Expenses of the Beneficiary.
Limit on Contributions. Notwithstanding any other provision of this Agreement, in no event shall any Participant be required to make any Project Contribution after the cumulative total of Project Contributions made by or on behalf of that Participant equals PS(i) TB x ----- x 1.2 100% where TB is the Total Budget as of the date of this Agreement and PS(i) is the Project Share of that Participant.
Limit on Contributions. Notwithstanding any other provision in this Plan to the contrary, all contributions for any Plan Year on behalf of a Participant who is a Highly Compensated Employee shall be reduced if and to the extent necessary in order that the requirements of Article 17 and Sections 20.2 and 20.6 are met.
Limit on Contributions. Notwithstanding the foregoing provisions, the amount which an Eligible Employee may elect to deposit in his Cash Account shall be limited so as to ensure that the amount so deposited in any Year of Assessment does not exceed such amount as may for the time being be permitted by the Act as the Initial Market Value of Shares that may be appropriated to that Eligible Employee in any Year of Assessment under the Ownership Scheme.
Limit on Contributions. 5 F. Rollover Contributions.............................................................. 5 IV. INVESTMENTS................................................................................. 6 A. Investments......................................................................... 7 B. Statement of Account................................................................ 8 V. VESTING...................................................................................... 9 VII.