Contingent Grant Sample Clauses

Contingent Grant. The Option granted herein is expressly conditioned on receiving the approval of the majority of Shares of the Company present, or represented and entitled to vote, at a vote of the stockholders held in accordance with the Bylaws of the Company by the earlier of (i) the second anniversary of this Agreement or (ii) the Company's next Annual Meeting of Stockholders.
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Contingent Grant. The Donor’s support under this Agreement is expressly contingent upon Xxxxxx, Inc. (“Menard”), executing an agreement providing for a grant from Xxxxxx, Inc. (the “Xxxxxx Xxxxx Agreement”) to support the Center Programs. Therefore, the Donor shall not provide any of the Contributed Amount or be obligated to fulfill any other obligation until the Xxxxxx Xxxxx Agreement is executed and attached to this Agreement as Attachment B. The Donor’s pledge to make contributions pursuant to this Agreement and Menard’s pledge to make contributions pursuant to the Xxxxxx Xxxxx Agreement are each contingent upon each other. Therefore, any breach of this Agreement, if caused by the Foundation or the University, is a separate and independent breach on the part of the Foundation or the University, as applicable, under the Xxxxxx Xxxxx Agreement and entitles the Xxxxxx, Inc. to exercise any and all of its remedies provided in the Xxxxxx Xxxxx Agreement, up to and including the right to terminate the Xxxxxx Xxxxx Agreement.
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Contingent Grant. The Donor's support under this Agreement is expressly contingent upon Xx. Xxxxxxx Xxxxxx, Mr. Xxxxxxx Xxxxxxxx, and Xx. Xxx Xxxxxx executing an agreement providing for a grant (the "RazookAgreement," the "ChandlerAgreement," and the "Xxxxxx Agreement''Jto suppmt the Center Programs. Therefore, Donor shalfoot provide any of the Contributed Amount or be obligatea"to fulfill any other obligation until the RazookA reement, Xxxxxxxx Agreement, and Xxxxxx Agreement are executed and attached to this r g r Ageement as Attachment B. The Donor's pledge to make contributions pursuant to this Ag eement and the pledges of Xx. Xxxxxx, Xx. Xxxxxxxx, and Xx. Xxxxxx to make contributions pursuant to the Xxxxxx Agreement, Xxxxxxxx Agreement, and Xxxxxx Agreement are each contingent upon each other. Therefore, any breach of this Agreement, if caused by the Foundation or the Un1versity, is a separate and independent breach on the part of the Foundation or the University, as applicable, under the RazookAgreement, ChandlerAgreement, and Xxxxxx Agreement, and entitles Xx. Xxxxxx, Xx. Xxxxxxxx, and Xx. Xxxxxx to exercise any and all of its remedies provided in the RazookAgreemen't, ChandlerA reement, and Xxxxxx A reement up to and including the right to g g terminate the Xxxxxx Agreement, Xxxxxxxx Agreement, and Xxxxxx Agreement.
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Contingent Grant. The Donor's support under this Agreement is expressly contingent upon The Knee Family Foundation ("Knee) executing an agreement providing for a grant from Knee (the "Knee Grant Agreement") to support the Center Programs. Therefore, the Donor shall not provide any of the Contributed Amount or be obligated to fulfill any other obligation until the Knee Grant Agreement is executed and attached to this Agreement as Attachment B. The Donor's pledge to make contributions pursuant to this Agreement and Knee's pledge to make contributions pursuant to the Knee Grant Agreement are each contingent upon each other. Therefore, any breach of this Agreement, if caused by the Foundation or the University, is a separate and independent breach on the part of the Foundation or the University, as applicable, under the Knee Grant Agreement and entitles Knee to exercise any and all of its remedies provided in the Knee Grant Agreement, up to and including the right to terminate the Knee Grant Agreement.
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Contingent Grant. The Donor's support under this Agreement is expressly contil1gent upon the University Fund LLC ("the University Fund"), executing an agreement providing for a grant through its Art ai1d Xxxxxxx Xxxxxx Principled Entrepreneurship Fund (the "University Fund Grant Agreement") to support the Center Programs. Therefore, the Donor shall not provide any of the Contributed Amount or be obligated to ftilfill any other obligation until the University Grant Agreement is executed and attached to this Agreemenfas Attachment
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Contingent Grant i. The Donor's suppo1t under this Agreement is expressly contingent upon the Foundation and University executing an agreement to support the Institute Programs with: (i) Xxxxxx Xxxxxx for a xxxxx from the Troesh Family Foundation (the "Xxxxxx Xxxxx Agreement"); (ii) the Xxxxxxx & Xxxxxx Xxxxxxxx Family Foundation (the "Xxxxxxx & Xxxxxx Xxxxxxxx Family Foundation Grant Agreement"); and (iii) Xxxx Xxxxx for a xxxxx made in his individual capacity (the "Xxxxx Xxxxx Agreement"). The Troesh Family Foundation, the Xxxxxxx & Xxxxxx Xxxxxxxx Foundation, and Xxxx Xxxxx are collectively referred to as the "Donor Pattners."
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Contingent Grant. (a) The Company hereby awards to the Participant under the Plan as a separate incentive and not in lieu of any salary or other compensation for his or her services the opportunity to receive Performance Share Units, subject to all of the terms and conditions in this Agreement and the Plan, and subject to the Canopy Investment Transaction closing within 120 days of the Date of Contingent Grant (“Deadline Date”). If the closing does not occur prior to the close of business on the Deadline Date, the Contingent Grant will be cancelled in its entirety on the next business day immediately following the Deadline Date, and the Participant will not have any legal rights or claims under this Agreement, notwithstanding any provisions in this Agreement or under the Plan. If the Canopy Investment Transaction closes on or prior to the Deadline Date, the Participant will not generally receive any Performance Share Units unless the specified service and performance requirements set forth herein are satisfied.
Sample 1
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Contingent Grant. The Donor’s support under this Agreement is expressly contingent upon Xx. Xxxx Xxxx and Xxx. Xxxxx Xxxx executing an agreement providing for a grant (the “Xxxx Xxxxx Agreement”) equal to the CKF grant and on the same payment schedule to support the Institute Programs. Therefore, the Donor shall not provide any of the Contributed Amount or be obligated to fulfill any other obligation until the Xxxx Xxxxx Agreement is executed and attached to this Agreement as Attachment B. The Donor’s pledge to make contributions pursuant to this Agreement and the pledge of Xx. Xxxx Xxxx and Xxx. Xxxxx Xxxx to make contributions pursuant to the Xxxx Xxxxx Agreement are each contingent upon each other. Therefore, any breach of this Agreement, if caused by the University, is a separate and independent breach on the part of the University, as applicable, under the Xxxx Xxxxx Agreement and entitles Xx. Xxxx Xxxx and Xxx. Xxxxx Xxxx to exercise any and all of the remedies provided in the Xxxx Xxxxx Agreement, up to and including the right to terminate the Xxxx Xxxxx Agreement. And any breach of the Xxxx Xxxxx Agreement, if caused by the University, is a separate and independent breach on the part of the University, as applicable, under the CKF Grant Agreement and entitles the Xxxxxxx Xxxx Foundation to exercise any and all of the remedies provided in the CKF Grant Agreement, up to and including the right to terminate the CKF Grant Agreement.
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Contingent Grant. PDC shall make available the Contingent Grant that may be dispersed, over time, as follows:
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Related to Contingent Grant

  • Contingent Payment Notwithstanding anything in this Agreement to the contrary, if any of the Properties are sold by Buyer within twelve (12) months after the Closing Date, Buyer shall pay to Seller an amount equal to five percent (5%) of the Consideration allocated to such Property. The Deeds shall contain a deed restriction granting Seller the right to receive such additional sum from Buyer.

  • Contingent Payments The Unilever Stockholder shall have the right to receive the Contingent Payments, if any, on the terms and subject to the conditions set forth on Exhibit 9 in recognition of its period of ownership of the Class B Shares.

  • CONTINGENT ANNUITANT The person designated by the Owner who, upon the Annuitant's death prior to the Annuity Commencement Date, becomes the Annuitant.

  • Contingent Value Rights 2.1 CVRs.

  • OBLIGATIONS CONTINGENT ON PERFORMANCE The obligations of the Employer hereunder, including its obligation to pay the compensation provided for herein, are contingent upon the Executive's performance of the Executive's obligations hereunder.

  • Contingent Beneficiary While the Annuitant is alive, the Owner may, by written Request, designate or change a Contingent Beneficiary from time to time. The Company shall not be bound by any change of Contingent Beneficiary unless it is made in writing and recorded at the Retirement Resource Operations Center.

  • Contingent Obligation any obligation of a Person arising from a guaranty, indemnity or other assurance of payment or performance of any Debt, lease, dividend or other obligation (“primary obligations”) of another obligor (“primary obligor”) in any manner, whether directly or indirectly, including any obligation of such Person under any (a) guaranty, endorsement, co-making or sale with recourse of an obligation of a primary obligor; (b) obligation to make take-or-pay or similar payments regardless of nonperformance by any other party to an agreement; and (c) arrangement (i) to purchase any primary obligation or security therefor, (ii) to supply funds for the purchase or payment of any primary obligation, (iii) to maintain or assure working capital, equity capital, net worth or solvency of the primary obligor, (iv) to purchase Property or services for the purpose of assuring the ability of the primary obligor to perform a primary obligation, or (v) otherwise to assure or hold harmless the holder of any primary obligation against loss in respect thereof. The amount of any Contingent Obligation shall be deemed to be the stated or determinable amount of the primary obligation (or, if less, the maximum amount for which such Person may be liable under the instrument evidencing the Contingent Obligation) or, if not stated or determinable, the maximum reasonably anticipated liability with respect thereto.

  • Contingent Consideration The Contingent Consideration shall become payable and/or issuable to each Selling Securityholder within 10 Business Days of the Contingent Consideration Date in accordance with this Section 1.5(c) (and subject to Section 1.5(a)), subject to and in accordance with Section 1.6, including any reduction for an amount of cash up to such Selling Securityholder’s Pro Rata Share of the Holdback Amount withheld pursuant to Section 1.6(b), with each Selling Securityholder receiving an amount of cash and/or stock equal to (a) the percentage set forth in the Spreadsheet opposite such Selling Securityholder’s name under the heading “Contingent Consideration Percentage” multiplied by (b) the Contingent Consideration. The “Contingent Consideration Date” shall mean the earlier of (i) the date that is 30 months following the Closing Date and (ii) the date upon which $50 million in gross proceeds (net of transaction fees and expenses, including any broker fees, the “Contingent Threshold Amount”) is received by Purchaser from investors pursuant to bona fide equity financings in exchange for the issuance of Purchaser Series B Stock. If the Contingent Threshold Amount (A) is met prior to the Contingent Consideration Date, then the Contingent Consideration shall be an amount payable in cash equal to $50 million, or (B) is not met prior to the Contingent Consideration Date, then the Contingent Consideration shall be (I) an amount payable in cash equal to the gross proceeds (net of transaction fees and expenses, including any broker fees) received by Purchaser from investors pursuant to bona fide equity financings during such 30-month period in exchange for the issuance of Purchaser Series B Stock (the “Actual Financing Proceeds”), plus (II) a number of shares of Purchaser Series B Stock equal to (x) two multiplied by (y) (i) (1) the Contingent Threshold Amount minus (2) the Actual Financing Proceeds, divided by (ii) the Purchaser Series B Stock Price (such amount of cash paid and/or shares issued, the “Contingent Consideration”). Notwithstanding anything to the contrary in the foregoing, to the extent any such Selling Securityholder is not able to provide evidence satisfactory to Purchaser that such Selling Securityholder is an accredited investor as defined in Rule 501(a) of Regulation D under the Securities Act (or otherwise provide evidence satisfactory to Purchaser that another applicable exemption under the Securities Act is available to rely upon), then Purchaser reserves the right, in its sole discretion, to replace the share issuance to such Selling Securityholder pursuant to clause (II) of the prior sentence with a payment in cash equal to (x) the Purchaser Series B Stock Price multiplied by (y) the number of shares that otherwise would have been issuable to such Selling Securityholder pursuant to clause (II) of the prior sentence (rounded down to the nearest cent).

  • Contingent Obligations Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create or become or remain liable with respect to any Contingent Obligation, except:

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