Closing Contribution Sample Clauses

The "Closing; Contribution" clause outlines the procedures and obligations that parties must fulfill at the finalization of a transaction, particularly regarding the transfer or contribution of assets, funds, or interests. In practice, this clause specifies the timing, documentation, and conditions required for each party to deliver their respective contributions, such as cash payments, property, or shares, at the closing date. Its core function is to ensure that all parties clearly understand their responsibilities at closing, thereby facilitating a smooth and coordinated completion of the transaction and minimizing the risk of disputes or delays.
Closing Contribution. 2 1.10. Closing Date...............................................................2 1.11. Contract...................................................................2 1.12. Contribution ..............................................................2 1.13. Contribution Agreement ....................................................2 1.14.
View Source
Closing Contribution. A contribution (the “Closing Contribution”) in the amount of $ must be paid to Holder, by check drawn on good funds, prior to and as a condition of ▇▇▇▇▇▇’s acceptance of the easement.
View Source
Closing Contribution. 6 2.01 Closing...................................................6 2.02 Actions at Closing........................................7
View Source
Closing Contribution. The Closing Contribution may not be fully agreed to as of the Agreement Date because the transaction has not developed sufficiently to arrive at a firm estimate of future stewardship needs. In that case, §4.1.4. of the agreement provides a path for the parties to continue negotiating this item and, when a mutually acceptable number is arrived at, provides a method for the parties to evidence their agreement later by inserting the number and initialing. The sooner this is completed, the better.
View Source

Related to Closing Contribution

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Defined Contribution Plans The Company does not maintain, contribute to or have any liability under (or with respect to) any employee plan which is a tax-qualified "defined contribution plan" (as defined in Section 3(34) of ERISA), whether or not terminated.

  • Defined Contribution Plan A plan under which Employee accounts are maintained for each Participant to which all contributions, forfeitures, investment income and gains or losses, and expenses are credited or deducted. A Participant’s benefit under such plan is based solely on the fair market value of his or her account balance.

  • Financial contribution 7.1.1 The total financial contribution to the Activity amounts up to: 50.000 EUR (Fifty Thousand EURO) for IPR & product development 7.1.2 For the purpose of this Contract the above mentioned total financial contribution is stated to be a ceiling which amount shall not be exceeded and for which the Incubatee shall perform the Activity in full. 7.1.2.1 At the end of the Contract Term the Incubatee shall deliver a cost report, detailing all costs incurred, with all invoices attached. 7.1.2.2 The Incubatee shall prove all expenses from the funding solely with third parties’ invoices used for IPR and product development following the provisions on Article 4 here above. The Incubatee is not authorized to use the above stated funding for reimbursement of his own hours spent in the project. 7.1.3 The above amount does not include any taxes and duties.

  • No Claim Regarding Stock Ownership or Consideration There must not have been made or threatened by any Person any claim asserting that such Person (a) is the holder of, or has the right to acquire or to obtain beneficial ownership of the Shares or any other stock, voting, equity, or ownership interest in, the Company, or (b) is entitled to all or any portion of the Acquiror Company Shares.