Contribution Percentages Clause Samples

Contribution Percentages. Unless otherwise agreed by mutual consent of the Members, and except as set forth in Section 5.1(c)(iv), Capital Contributions required hereunder shall be made in the following ratios: (i) Capital Contributions required to fund the operations or capital expenditures of a Class A Subsidiary shall be made ninety-nine percent (99.0%) by Foundation and one percent (1.0%) by HMA L.P. (ii) Capital Contributions required to fund the operations or capital expenditures of a Class B Subsidiary shall be made thirty percent (30.0%) by Foundation and seventy percent (70.0%) by HMA L.P. (iii) All other Capital Contributions, if any, shall be funded through a reduction to the distributions otherwise payable, if any, to the Member’s under Section 5.1(b)(ii). Notwithstanding the foregoing, if Capital Contribution under this Section 3.2(c)(iii) exceed Ten Thousand Dollars ($10,000), the amount of such excess will be made by the Members in proportion to each Member’s Percentage Interest and will not be funded through a reduction to the distributions payable under Section 5.1(b)(ii).
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Contribution Percentages. Unless and until modified in accordance with this Agreement, each Party will pay the Party’s percentage of all Consortium costs and expenses identified in the approved Budget in accordance with the following: Party Percentage of Operational Expenses ▇▇▇▇▇ 1/4 or 25% Lakeview 1/4 or 25% ▇▇▇▇▇ 1/4 or 25% John Day 1/4 or 25% Total Contribution 4/4 or 100% Initial projects identified by the Parties for their respective jurisdictions are identified in Table 5.9.1. Project improvements may include, but are not limited to: land acquisition of developable lands; construction of horizontal improvements in the form of water, sewer, stormwater, reclaimed water, power, broadband, and other utilities; streets, sidewalks, and multimodal paths within, and adjacent to, and connecting to each development, and; construction of vertical improvements in the form of single-family or multifamily residential dwellings or mixed-use developments. Table 5.9.1. Initial Projects identified for inclusion in R3 ▇▇▇▇▇ ▇▇▇▇▇▇ Springs Master Planned Development 1272 675 ▇▇▇▇▇ Telos Development New mixed-income subdivision TBD 190 ▇▇▇▇▇ Downtown Revitalization (Multiple Properties) Mixed-use Redevelopment ▇▇▇ ▇▇▇ Lakeview Lakeview Lumber Redevelopment Master Planned Development ▇▇▇ ▇▇▇ Lakeview South Lakeview Annexation & Multifamily Redevelopment Mixed-use Redevelopment ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇ The Ridge Master Planned Development 80 20+ John Day Ironwood Estates - Phase 2/3 Master Planned Development 30 76 John Day ▇▇▇▇▇▇▇▇▇ Heights - Phase 2 New mixed-income subdivision 30 20 ▇▇▇▇ Day Iron Ridge Subdivision New mixed-income subdivision 24 11 John Day ▇▇▇▇▇▇ Development Master Planned Development 40 20 ▇▇▇▇ Day ▇▇▇▇▇▇ Building Mixed-Use downtown tenant improvements 0.15 8 John Day CyberMill Building Mixed-Use downtown tenant improvements 0.15 3 ▇▇▇▇ Day Blue Mountain Hospital Workforce Housing Downtown tenant improvements 0.2 12 ▇▇▇▇▇ ▇▇▇▇▇ School District Teacher Housing New workforce housing ▇▇▇ ▇▇▇ ▇▇▇▇▇ Pine-Eagle School District Teacher Housing New workforce housing ▇▇▇ ▇▇▇ ▇▇▇▇▇ New Directions NW Supportive Housing (Memory Lane Homes) New transitional housing 0.75 12 ▇▇▇▇▇ Downtown Revitalization (Multiple Properties) Mixed-use redevelopment ▇▇▇ ▇▇▇ These Bylaws of Regional Rural Revitalization (R3) Strategies Consortium dated effective July 1, 2023 (these “Bylaws”) are authorized under Section 3.3.4 of the First Amended and Restated Intergovernmental Agreement for Regional Rural Revitaliz...
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Contribution Percentages. Unless and until modified in accordance with this Agreement, each Party will pay the Party’s percentage of all Consortium costs and expenses identified in the approved Budget in accordance with the following: Party Percentage of Operational Expenses Burns 1/3 or 33.33% Lakeview 1/3 or 33.33% ▇▇▇▇ ▇▇▇ 1/3 or 33.33% Total Contribution 3/3 or 100% These Bylaws of Regional Rural Revitalization (R3) Strategies Consortium dated effective May , 2023 (these “Bylaws”) are authorized under Section 3.3.4 of the Intergovernmental Agreement for Regional Rural Revitalization (R3) Strategies Consortium dated effective , 2023 (the “Agreement”).
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Contribution Percentages. Department and employee contribution percentages are used in calculating the Department and employee contribution. The contribution percentages shall be 90% by the Department and 10% by the employee, of future increase(s) in health insurance premiums above the guaranteed contribution.
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Contribution Percentages. Each Shareholder agrees that Exhibit B under the heading “Contributed Shares” sets forth for such Shareholder the minimum number of shares of Company Stock that such Shareholder shall contribute to McJ Holding as Contributed Shares pursuant to the Contribution Agreement. The Parties agree that the Representative may, no later than 15 Business Days prior to the Closing Date, deliver a written notice to Buyer (the “Contribution Percentage Notice”) changing the number of shares of Company Stock to be contributed pursuant to the Contribution Agreement by any ▇▇▇▇▇▇▇ Entity, or adding BJHK Living Trust, CK and/or any Other ▇▇▇▇▇▇▇ Entity that holds shares of Company Stock as a Continuing Shareholder; provided that (i) the CK Contributed Share Percentage shall in no event be less than 25% or greater than 50% and (ii) the aggregate number of Contributed Shares shall not exceed 30,996.30 (that is, an Aggregate Contribution Percentage of 17.38%). The Parties agree that Exhibit B shall be amended prior to the Closing to reflect any change in the number of Contributed Shares or any additional Person contributing shares of Company Stock pursuant to the Contribution Percentage Notice. In addition, (x) BJHK Living Trust shall execute and deliver the Contribution Agreement prior to Closing if its number of Contributed Shares as adjusted pursuant to this Section 6.17 is greater than zero and (y) each of CK and each Other ▇▇▇▇▇▇▇ Entity shall execute and deliver the Contribution Agreement and this Agreement as a Shareholder prior to Closing if it is added as an additional Person contributing shares of Company Stock pursuant to the Contribution Percentage Notice; provided that if BJHK Living Trust or such CK or Other ▇▇▇▇▇▇▇ Entity fails to execute and deliver the Contribution Agreement and/or this Agreement, as applicable, its number of Contributed Shares shall be zero. The Parties acknowledge and agree that Consolidated Investment Services, Inc., the Company Retirement Plan and ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall not be entitled to become Continuing Shareholders and shall not be entitled to contribute any shares of Company Stock to McJ Holding pursuant to the Contribution Agreement.
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Related to Contribution Percentages

  • Contribution Amounts The Company, the Selling Shareholders and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.6. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • 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 ▇▇▇▇ ▇▇▇ (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 ▇▇▇▇ IRAs. Your total annual contribution to all Traditional IRAs and ▇▇▇▇ IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • 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.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.