Construction Contribution Date Sample Clauses

Construction Contribution Date. The Borrower shall deliver to the Parent (with a copy thereof delivered to each Agent) an Equity Contribution Request at any time a Contingent Equity Contribution is required to be made in accordance with clause (A) of the second sentence of Section 2.01(a)(iii). Each such Equity Contribution Request shall specify (x) the Project Costs then due and payable and anticipated to be due and payable through and including the immediately succeeding Transfer Date, (y) the aggregate amount of such Equity Contribution Request (the “Construction Contribution Funding Amount”) and (z) the requested date of contribution (which shall be at least five Business Days before such Transfer Date) (a “Construction Contribution Date”). On each Construction Contribution Date, the Parent shall Equity Contribution Agreement
Sample 1
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Construction Contribution Date. The Borrower shall deliver to the Parent (with a copy thereof delivered to each Agent) an Equity Contribution Request at any time a Contingent Equity Contribution is required to be made in accordance with clause (A) of the second sentence of Section 2.01(a)(iii). Each such Equity Contribution Request shall specify (x) the Project Costs then due and payable and anticipated to be due and payable through and including the immediately succeeding Transfer Date, (y) the aggregate amount of such Equity Contribution Request (the “Construction Contribution Funding Amount”) and (z) the requested date of contribution (which shall be at least five Business Days before such Transfer Date) (a “Construction Contribution Date”). On each Construction Contribution Date, the Parent shall make a Contingent Equity Contribution in an amount equal to the Construction Contribution Funding Amount required to be made on such Construction Contribution Date, which shall be paid to the Collateral Agent pursuant to Section 2.01(c) for deposit into the Construction Account and application in accordance with the Collateral Agency Agreement. Upon the payment by the Parent of the Construction Contribution Funding Amount, the Parent shall be deemed to have made an equity contribution to the Borrower in the amount of the Construction Contribution Funding Amount.
Sample 1

Related to Construction Contribution Date

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

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • 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.

  • 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.

  • 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.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

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