Common use of LIMITATION ON CONTRIBUTIONS Clause in Contracts

LIMITATION ON CONTRIBUTIONS. For each Plan Year that the Plan is a top-heavy plan, 1.0 shall be substituted for 1.25 as the multiplicand of the dollar limitation in determining the denominator of the defined benefit plan fraction and of the defined contribution plan fraction for purposes of Section 415(e) of the Code.

LIMITATION ON CONTRIBUTIONS. For each Plan Year that the Plan is a top-heavy plan, 1.0 shall be substituted for 1.25 as the multiplicand of the dollar limitation in determining the denominator of the defined benefit plan fraction and of the defined contribution plan fraction for purposes of Section section 415(e) of the Code.