Contribution Funding. “Contribution Funding” means the obligation of the Company to the RLH Member in the amount of Forty Eight Million Seven Hundred Eighty- Seven Thousand Three Hundred Fifty-Two Dollars ($48,787,352) which is being paid on the date of Closing in accordance with the Contribution Agreement.
Contribution Funding. Capital One agrees to provide Company with the Contribution, as identified and defined elsewhere in the Agreement, in a single one-time payment or in multiple payments, at Capital One’s sole discretion, to be delivered following the Effective Date; payment of the Contribution is contingent on the Company timely submitting required reporting, remaining in good standing with the Service and otherwise meeting the requirements of this Agreement. Upon receipt of such Contribution, Company shall promptly provide to Capital One an acknowledgement of the receipt of such Contribution that: (a) satisfied the substantiation requirements for charitable contributions included in the Code; and (b) is in a form acceptable to Capital One, in its sole discretion. In addition, if requested in writing by Capital One (including via e-mail), Company shall provide to Capital One or more progress reports at various intervals (the number and timing of delivery of such progress reports to be determined at Capital One’s sole discretion), detailing how the Contribution is being used to support the Program, as applicable, or other purposes outlined in the Contribution Proposal. Capital One reserves the right to require additional detailed reporting from Company at the same or other intervals or otherwise, as a condition precedent to any Contribution disbursement.
Contribution Funding. Capital One agrees to provide Company with the Contribution, as identified and defined elsewhere in the Agreement, in a single, one-time payment to be delivered following the Effective Date. Upon receipt of such Contribution, Company shall promptly provide to Capital One an acknowledgement of the receipt of such Contribution that: (a) satisfies the substantiation requirements for charitable contributions included in the Code; and (b) is in a form acceptable to Capital One, in its sole discretion. In addition, if requested in writing by Capital One (including via email), Company shall provide to Capital One one or more progress reports at various intervals (the number and timing of delivery of such progress reports to be determined at Capital One’s discretion), detailing how the Contribution is being used to support the Program, as applicable, or other purposes outlined in the Contribution Proposal.
Contribution Funding. Contemporaneously with the Contributor’s contribution of the Property to the Company, the Company shall pay or cause to be paid on behalf of Red Lion the sum of Thirty Million Six Hundred Forty Thousand Seven Hundred Nineteen and 00/100 Dollars ($30,640,719.00) to secure the release of the Xxxxx Fargo mortgages on the Property and (b) distributed to Red Lion the sum of Eighteen Million One Hundred Forty-Six Thousand Six Hundred and Thirty-Four 00/100 Dollars ($18,146,634).
Contribution Funding. The City shall provide a contribution to PSTA in the total amount not to exceed Twenty Thousand U.S. Dollars and NO/100 ($20,000.00) for the Initial Term (the Funding Contribution). The Funding Contribution shall be paid in monthly installments
Contribution Funding. The sum of Forty-Eight Million Seven Hundred Eighty-Seven Thousand Three Hundred and Fifty-Two and 00/100 Dollars ($48,787,352.00) which the Company is to pay or distribute to or on behalf of Red Lion pursuant to Section 3.02.
Contribution Funding a) Contribution by Canada In accordance with section 3 (Commitments by Canada), Canada agrees to provide contribution funding to British Columbia for Projects under each of the Program streams as follows:
i. under the public transit stream, up to two billion six hundred ninety-one million one hundred and one thousand eight hundred ninety-four dollars ($2,691,101,894), to be paid in accordance with Schedules A.2 (General Program Requirements) and A.3 (Public Transit)
ii. under the green infrastructure stream, up to eight hundred fifty-eight million, one hundred ninety-four thousand, seven hundred twenty-one dollars ($858,194,721), to be paid in accordance with Schedules A.2 (General Program Requirements) and A.4 (Green Infrastructure)
iii. under the community, culture and recreation infrastructure stream, up to one hundred fifty-seven million, eighty-one thousand, seven hundred nineteen dollars ($157,081,719), to be paid in accordance with Schedules A.2 (General Program Requirements) and A.5 (Community, Culture and Recreation Infrastructure)
iv. under the rural and northern communities infrastructure stream, up to one hundred and one million, seven hundred seventy-one thousand, eight hundred twenty-seven dollars ($101,771,827), to be paid in accordance with Schedules A.2 (General Program Requirements) and A.6 (Rural and Northern Communities Infrastructure)
v. under the COVID-19 resilience infrastructure stream, up to one hundred and nine million, two hundred thirty thousand dollars ($109,230,000), to be paid in accordance with A.2 (General Program Requirements) and A.7 (COVID-19 Resilience Infrastructure)
b) Fiscal Year Breakdown Canada’s total contribution funding under each stream will be allocated in accordance with that stream’s estimated maximum amount as set out in the All Streams Estimated Fiscal Year Breakdown Table, as updated through administrative processes: All Streams Estimated Fiscal Year Breakdown Table Public Transit – Canada ($M) Green Infrastructure – Canada ($M) Community, Culture and Recreation Infrastructure – Canada ($M) Rural and Northern Communities Infrastructure – Canada ($M) COVID-19 Resilience Infrastructure – Canada ($M) 2018-2019 $5,342,101.57 $265,067.09 $46,103.31 $48,730.60 2019-2020 $27,237,261.50 $34,748,579.38 $55,551.46 $58,717.16 2020-2021 $115,111,949 $41,614,292 $15,026,533 $9,755,595 $0 2021-2022 $371,105,338 $95,133,026 $41,537,316 $31,806,016 $76,000,000 2022-2023 $517,726,734 $134,949,809 $45,193,104 $28,793,138 $...
