Accelerated Contribution Sample Clauses

Accelerated Contribution. Upon the occurrence and during the continuance of any Acceleration Event, the Administrative Agent shall be permitted to instruct the Collateral Agent in writing to, and, if so instructed, the Collateral Agent shall, deliver a written demand to the Parent requesting payment by the Parent of the Accelerated Contribution Amount as of such date and providing notice to the Parent of the occurrence of such Acceleration Event. Within three Business Days following such demand (the “Accelerated Contribution Date”), the Parent shall pay to the Collateral Agent for application in accordance with the Collateral Agency Agreement the Accelerated Contribution Amount in full pursuant to Section 2.01(c). Upon the occurrence of any Acceleration Event, the Accelerated Contribution Amount of the Parent shall automatically become due and payable without (except as expressly set forth in the preceding sentence) presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Parent. Upon the payment by the Parent of the Accelerated Contribution Amount to the Collateral Agent, the Parent shall be deemed to have made an equity contribution to the Borrower in the amount of such Accelerated Contribution Amount.
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Accelerated Contribution. If, on or before December 31, 2023, (i) Executive’s employment is Involuntarily Terminated, (ii) Executive Terminates For Good Reason, (iii) Executive dies before both the JBA Date and his Separation From Service (a “Qualifying Death”), or (iv) there is a Change in Control, then the ALB shall then be credited with an additional amount as needed so that its aggregate balance equals the Maximum Total Contribution.
Sample 1
Accelerated Contribution. (i) Within five Business Days after the occurrence of an Acceleration Event or within five Business Days of receipt of an Acceleration Event Notice (the “Accelerated Contribution Date”), each Member shall make an Equity Contribution in an amount equal to such Member’s Accelerated Contribution Amount, which shall be made by paying or depositing such Accelerated Contribution Amount as directed by the Administrative Agent acting at the direction of the Required Lenders. (ii) Upon the contribution by a Member of such Member’s Accelerated Contribution Amount: (A) if a contribution is made prior to a Specified Sale, (1) a contribution by the CI II Member or the CI III Member shall be deemed to have been made to CIP Partner, which CIP Partner shall be deemed to have made immediately to Construction Pledgor, which Construction Pledgor shall be deemed to have made immediately to the Borrower and (2) a contribution by the Avangrid Member shall be deemed to have been made immediately to Construction Pledgor, which Construction Pledgor shall be deemed to have made immediately to the Borrower, in each case, in the amount of such Member Percentage of the Accelerated Contribution Amount; and (B) if a contribution is made on or after a Specified Sale, (1) a contribution by the CI II Member or the CI III Member shall be deemed to have been made to CIP Partner, which CIP Partner shall be deemed to have made immediately to Sponsor Partner, which Sponsor Partner shall be deemed to have made immediately to TE Partners, which TE Partners shall be deemed to have made immediately to the Borrower and (2) a contribution by the Avangrid Member shall be deemed to have been made immediately to Sponsor Partner, which Sponsor Partner shall be deemed to have made immediately to TE Partners, which TE Partners shall be deemed to have made immediately to the Borrower, in each case in the amount of such Member Percentage of the Accelerated Contribution Amount.
Sample 1

Related to Accelerated Contribution

  • USER GENERATED CONTRIBUTIONS The Licensed Application may invite you to chat, contribute to, or participate in blogs, message boards, online forums, and other functionality, and may provide you with the opportunity to create, submit, post, display, transmit, perform, publish, distribute, or broadcast content and materials to us or in the Licensed Application, including but not limited to text, writings, video, audio, photographs, graphics, comments, suggestions, or personal information or other material (collectively, "Contributions"). Contributions may be viewable by other users of the Licensed Application and through third-party websites or applications. As such, any Contributions you transmit may be treated as non-confidential and non-proprietary. When you create or make available any Contributions, you thereby represent and warrant that: 1. The creation, distribution, transmission, public display, or performance, and the accessing, downloading, or copying of your Contributions do not and will not infringe the proprietary rights, including but not limited to the copyright, patent, trademark, trade secret, or moral rights of any third party. 2. You are the creator and owner of or have the necessary licenses, rights, consents, releases, and permissions to use and to authorize us, the Licensed Application, and other users of the Licensed Application to use your Contributions in any manner contemplated by the Licensed Application and this License Agreement. 3. You have the written consent, release, and/or permission of each and every identifiable individual person in your Contributions to use the name or likeness or each and every such identifiable individual person to enable inclusion and use of your Contributions in any manner contemplated by the Licensed Application and this License Agreement. 4. Your Contributions are not false, inaccurate, or misleading. 5. Your Contributions are not unsolicited or unauthorized advertising, promotional materials, pyramid schemes, chain letters, spam, mass mailings, or other forms of solicitation. 6. Your Contributions are not obscene, lewd, lascivious, filthy, violent, harassing, libelous, slanderous, or otherwise objectionable (as determined by us). 7. Your Contributions do not ridicule, mock, disparage, intimidate, or abuse anyone. 8. Your Contributions are not used to harass or threaten (in the legal sense of those terms) any other person and to promote violence against a specific person or class of people. 9. Your Contributions do not violate any applicable law, regulation, or rule. 10. Your Contributions do not violate the privacy or publicity rights of any third party. 11. Your Contributions do not violate any applicable law concerning child pornography, or otherwise intended to protect the health or well-being of minors. 12. Your Contributions do not include any offensive comments that are connected to race, national origin, gender, sexual preference, or physical handicap. 13. Your Contributions do not otherwise violate, or link to material that violates, any provision of this License Agreement, or any applicable law or regulation. Any use of the Licensed Application in violation of the foregoing violates this License Agreement and may result in, among other things, termination or suspension of your rights to use the Licensed Application.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Voluntary Employee Contributions (i) Subject to the governing rules of the relevant superannuation fund, an employee may, in writing, authorise their employer to pay on behalf of the employee a specified amount from the post- taxation wages of the employee into the same superannuation fund as the employer makes the superannuation contributions provided for in Clause 24(b). (ii) An employee may adjust the amount the employee has authorised their employer to pay from the wages of the employee from the first of the month following the giving of three months’ written notice to their employer. (iii) The employer must pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) no later than 28 days after the end of the month in which the deduction authorised under Clauses 24(d)(i) or 24(d)(ii) was made.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • 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.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • 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.

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