Mandatory Non-Tiered Formula Clause Samples

Mandatory Non-Tiered Formula. The Employer must make a Non-Safe Harbor Matching Contribution equal to % (max. 100%) of each Benefiting Participant’s Elective Deferrals ¨ not to exceed the following for an Allocation Period: ¨ Elective Deferrals in excess of % of each Benefiting Participant’s Compensation ¨ $ for each Benefiting Participant ¨ The lesser of Elective Deferrals in excess of % of each Benefiting Participant’s Compensation or $

Related to Mandatory Non-Tiered Formula

  • Registered Form; Denominations; Transfer; Exchange The Notes are in registered form without coupons in denominations of $2,000 principal amount and any multiple of $1,000 in excess thereof. A Holder may register the transfer or exchange of Notes in accordance with the Indenture. The Trustee may require a Holder to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or permitted by the Indenture. Pursuant to the Indenture, there are certain periods during which the Trustee will not be required to issue, register the transfer of or exchange any Note or certain portions of a Note.

  • Note Exchangeable for Different Denominations This Note is exchangeable, upon the surrender hereof by the Holder at the principal office of the Company, for a new Note or Notes (in accordance with Section (4)(d)) representing in the aggregate the outstanding Principal of this Note, and each such new Note will represent such portion of such outstanding Principal as is designated by the Holder at the time of such surrender.

  • Additional Voting Terms; Calculation of Principal Amount All Notes issued under this Indenture shall vote and consent together on all matters (as to which any of such Notes may vote) as one class and no Notes will have the right to vote or consent as a separate class on any matter. Determinations as to whether holders of the requisite aggregate principal amount of Notes have concurred in any direction, waiver or consent shall be made in accordance with this Article IX and Section 2.13.

  • Required Forms If subcontractors are used under the contract that has no stated HUB goal, Exhibits ▇-▇, ▇-▇, ▇-▇ and H-6 are required. Exhibits H-1 and H-6 are required if no subcontractors are being used to perform work under this contract.

  • Percentages of ADB Financing Except as ADB may otherwise agree, each item of expenditure shall be financed out of the proceeds of the Loan on the basis of the percentages set forth in the Table.