CONTRIBUTION TO COSTS Sample Clauses

The 'Contribution to Costs' clause defines how parties will share or allocate specific expenses related to the agreement. Typically, it outlines which costs are covered, such as legal fees, administrative charges, or project-related expenditures, and specifies the proportion or method by which each party contributes. This clause ensures transparency and fairness in financial responsibilities, preventing disputes over unexpected or uneven cost burdens during the execution of the contract.
CONTRIBUTION TO COSTS. 25.1 The Purchaser shall be liable for a monthly contribution to costs in an amount equal to the estimated levies, as recorded in clause 4.7.1 on Page 4 of the Sale Agreement, for the period from the Completion Date until the Transfer Date. This contribution shall be paid to the Seller upon demand. 25.2 It is recorded that the abovementioned contribution to costs shall be applied towards the operating costs of the Building and/or the Scheme for the period until the Transfer Date. 25.3 Any residual amounts (after the operating costs have been settled) on Transfer shall be paid to the Body Corporate
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CONTRIBUTION TO COSTS. Less any third party funding which may be obtained, the Expansion will be funded entirely by the County.
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CONTRIBUTION TO COSTS. 1. The general principle that underpins the Accords is that signatories, organisations holding provisional status and those expressing interests in the Accords should be responsible for meeting their own costs of becoming involved, and then maintaining their involvement. 2. Signatories are expected to make reasonable and equitable (taking into account the resources available to the signatory and its size) contributions of staff or volunteer time, without charge, for participation in the affairs of the Accord including, but not limited to, participating in meetings, correspondence and submissions on issues, development of policies and procedures, provision of people to undertake review and monitoring visits, and mentoring. 3. Assessed on a long term basis, all signatories and those holding provisional status are expected to make fair contributions to the costs of operating a secretariat. 4. Applicants to any Agreement will be expected to pay an application fee determined by the Governing Group to cover the cost of providing the services needed to facilitate the assessment of the application. Application fees shall be held by the provider of secretariat services for purposes deemed appropriate by the Governing Group. 5. Prospective and actual signatories and those seeking or holding provisional status are expected to meet the direct costs (e.g. travel, accommodation, meals) of those involved in processes required or recognised (e.g. mentoring) under this Accord for gaining or maintaining either signatory or provisional status. 6. Such costs shall be reimbursed via the organisations with whom the person is affiliated or, with the agreement of the organisation, directly to the person. 7. Arrangements shall be made by the host acting in agreement with the person travelling. 8. The cost basis shall be that air travel shall be by economy class except that flights exceeding 8 hours duration or overnight shall be by business class, and that accommodation shall be fully serviced 3 Star plus to 4 Star level.
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CONTRIBUTION TO COSTS. [***], which contribution will be considered as expenses under the CLA and shall be reimbursed to MSRx by the JV.
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CONTRIBUTION TO COSTS. 5.1 Subject to (i) this Agreement being dated and signed by the Parties and becoming a binding agreement; and (ii) the Adviser’s compliance with clause 5.2 below), the Company agrees to make a contribution to the Employee’s costs incurred in taking legal advice on the terms of this Agreement and the termination of his employment in the sum of €10,000 (exclusive of VAT). 5.2 In order to ensure that payment is made to the Adviser under this clause 5, the following steps must be taken by the Adviser: 5.2.1 Once the Employee has signed the Agreement, the Adviser should send an invoice to the Company electronically; and 5.2.2 The invoice must be (i) addressed to the Employee; (ii) marked payable by the Company; (iii) itemise the fees and disbursements incurred; (iv) confirm that the fees were incurred solely in advising the Employee in relation to the contents and effect of this Agreement; and (v) contain the Adviser firm’s bank account and sort code details. 5.3 Payment will be made directly into the Adviser’s bank accounts within 45 days of receiving the invoice from the Adviser in accordance with clause 5.2.
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CONTRIBUTION TO COSTS. To pay to the Tenant within fourteen days of demand (and in default to pay interest at 4% over Base Rate from the date of demand until the date of payment) a fair and proper proportion reasonably and properly allocated to the Restaurant of the reasonable costs and expenses properly incurred by the Tenant 5.3.1 in the repair maintenance lighting cleaning and supervision and the provision of such other services in relation thereto as the Tenant shall from time to time reasonably consider necessary and as shall be in accordance with the principles of good estate management of the Restaurant Spaces the Loading Bay the Service Area including the refuse compactor therein and the Service Ramp and door and the costs of disposing of refuse including the collection and compaction thereof and the maintenance of receptacles and plant and equipment in connection therewith 5.3.2 in the maintenance of planters in the Common Parts and the plants and flowers therein, and 5.3.3 the maintenance inspection repair and renewal of the structural elements shown coloured orange on Plans 2 and 3 -------------------------------------------------------------------------------- 22 210 plus Value Added Tax and of any existing or future taxes charges assessments and other outgoings payable in respect thereof and of all charges assessments and outgoings for electricity gas oil and other fuels payable in relation thereto
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CONTRIBUTION TO COSTS. So long as both the members of Silver Dollar HOA and Greenback use the Common Roads, the parties desire to allocate Roadwork costs related to the Common Roads. Silver Dollar HOA and Greenback each covenant and agree that all costs and expenses associated with Roadwork incurred after the Greenback Subdivision plat is recorded by Teton County, ID, shall be allocated as follows: Greenback’s obligations under this Agreement will commence only after the Greenback Subdivision plat is approved by and recorded in Teton County, Idaho. Roadwork maintenance costs and expenses incurred by Silver Dollar shall be determined using a three-year rolling historical average which will be reported to Greenback HOA annually for the reported period ending September 30. Greenback HOA shall pay to Silver Dollar HOA its pro-rata share of Roadwork by October 31st of each year. Initial payment will be paid on a prorated basis beginning from the time Greenback receives the approval/recording of final plat from Teton County, Idaho. Pro-rata share of Greenback is determined by dividing the number of buildable lots in the Greenback Subdivision (6), by the combined number of buildable lots among both Greenback (6) and Silver Dollar Ranch (27), for a total of 33 lots combined. For example, if the 3-year average annual road maintenance costs for Silver Dollar from 2020-2022 was $8,134.16, the pro-rata annual share for Greenback would be $1,478.94 ($8134.16/33 x 6). Greenback’s pro-rata representation is 18.18% of the total. The Greenback HOA will be responsible for paying the Silver Dollar Roadwork costs on behalf of all Greenback property owners. If not timely paid as provided herein, Silver Dollar HOA may enforce Greenback HOA’s obligation to pay by all legal and equitable means, and Greenback HOA consents to paying fees and interest at the statutory rate of 12% per annum, and all associated and reasonable documented costs of collection, including attorney’s fees.
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CONTRIBUTION TO COSTS. (a) During the Option Periods, Halo shall be responsible for the conduct and cost of all minimum assessment work and exploration programs conducted on the Property and, from and after the date of this letter agreement, Halo shall maintain the Property in good standing with all appropriate authorities and under the laws of Canada and the provincial authorities, including, without limitation, the payment of any mining duties, property taxes, instruction fees, service fees or stamp duties, the filing of reports with respect to minimum assessment work, and the performance of any and all obligations required by the terms and conditions of the mining concessions that comprise the Property (the "Maintenance Costs"), and Halo shall fund and pay such Maintenance Costs, until the earlier of: (i) the expiry or termination of the First Option; (ii) the date upon which Halo has exercised the Second Option; or
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CONTRIBUTION TO COSTS. The Project will be funded as follows: (a) $7,255,086 in Federal/Provincial funding under the Investment in Affordable Housing for Ontario Extension (IAH-E) Program and the Social Infrastructure Fund (SIF); (b) $725,000 from RF0476 Housing Mortgage Stability Reserve Fund; (c) $899,572 by the City ($400,000 to be funded from RF0475 Affordable Housing Reserve Fund and $499,572 funded from the issuance of debenture); (d) $362,100 by the County through the issuance of debenture; (e) $700,000 from RF0473 Social Housing Capital Reserve Fund; and (f) $$700,000 be returned to the Social Housing Capital Reserve Fund from the anticipated sales of the Local Housing Corporation –Woodlawn Properties
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Related to CONTRIBUTION TO COSTS

  • Compensation; Allocation of Costs and Expenses In full consideration of the provision of the services of the Administrator, the Company shall reimburse the Administrator for the costs and expenses incurred by the Administrator in performing its obligations and providing personnel and facilities hereunder. The Company will bear all costs and expenses that are incurred in its operation and transactions that are not specifically assumed by the Company’s investment adviser, Gladstone Management Corporation (the “Adviser”), pursuant to that certain Amended and Restated Investment Advisory Agreement, dated the same date hereof by and between the Company and the Adviser. Costs and expenses to be borne by the Company include, but are not limited to, those relating to: organization and offering; expenses incurred by the Adviser payable to third parties, including agents, consultants or other advisors (such as independent valuation firms, accountants and legal counsel), in monitoring financial and legal affairs for the Company and in monitoring the Company’s investments and performing due diligence on its prospective portfolio companies; interest and fees payable on debt, if any, incurred to finance the Company’s investments; offerings of the Company’s common stock, preferred stock and other securities; investment advisory and management fees; administration fees, if any, payable under this Agreement; fees payable to third parties, including agents, consultants or other advisors, relating to, or associated with, evaluating and making investments; transfer agent and custodial fees; federal and state registration fees; all costs of registration and listing the Company’s shares on any securities exchange; federal, state and local taxes; independent directors’ fees and expenses; costs of preparing and filing reports or other documents required by the SEC; costs of any reports, proxy statements or other notices to stockholders, including printing costs; the Company’s allocable portion of the fidelity bond, directors and officers and errors and omissions liability insurance, and any other insurance premiums; direct costs and expenses of administration, including printing, mailing, long distance telephone, copying, secretarial and other staff, independent auditors and outside legal costs; and all other expenses incurred by the Company or the Administrator in connection with administering the Company’s business, including payments under this Agreement based upon the Company’s allocable portion of the Administrator’s overhead in performing its obligations under this Agreement, including rent, and the allocable portion of the salaries and benefits expenses of the Company’s chief compliance officer, treasurer, chief financial officer and controller and their respective staffs.

  • 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.

  • 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.

  • Costs and Expenses: Allocation of Costs A. The Transfer Agent will be responsible for all expenses, costs and other charges arising out of the performance of its obligations pursuant to this Contract, including the fees and disbursements of any third party retained to perform any of the services to the Fund on behalf of the Transfer Agent; all paper, typesetting, printing, stationery, envelopes, postage, labeling costs, mail sorting and other similar costs of preparing and mailing any dividend or redemption payment, all shareholder reports (including the cost of printing and mailing prospectuses sent to current shareholders, including the beneficial owners of Accounts), tax statements, confirmations, notices and statements of account; all telephone and computer equipment and usage charges; all personnel expenses, heat, light, rent, utilities, equipment purchases or rentals; all insurance premiums associated with FIIOC’s provision of services under this Contract, unless the Trustees of the Fund shall have specifically authorized an allocation of all or a portion of the premium to the Fund; all costs associated with the provision of check redemption services (including, the costs of printing and mailing of checks and checkbooks to shareholders, the charges of any vendor retained by the Fund to process checks for payment, and the charges of sending canceled checks to shareholders); and all other necessary expenses associated with the provision of services under the Contract. B. Notwithstanding the foregoing, the Fund shall be required to bear all expenses for all Accounts associated with: (i) all fees and expenses of registering shares for sale under the state securities laws (“blue sky charges”); and (ii) the holding of annual or special meetings of Fund shareholders, including: the costs of typesetting, printing, postage and mailing of notices, proxy cards and proxy statements (and, if requested by a shareholder, annual reports sent to those shareholders that have opened accounts subsequent to the last regular mailing date of such reports to shareholders); the fees and other disbursements of any agent hired to mail proxy materials and/or tabulate proxies; all charges incurred by any proxy soliciting agent; the reasonable and customary fees and handling charges of brokers, banks and other intermediaries for forwarding proxy materials; all other customary expenses associated with the holding of shareholder meetings. C. The Fund shall not bear expenses for Accounts associated with charges of any bank for establishing and operating accounts for the receipt of funds for share purchases and the payment of dividends, distributions and redemption proceeds (together, “bank charges”). The Transfer Agent shall look exclusively to FMR for payment of bank charges. D. Any amounts earned by the bank accounts established pursuant to paragraph 3(D) above on overnight repurchase agreements or money market funds shall be allocated to the Fund on a pro rata basis based on the amount of moneys attributable to the Fund invested in such repurchase agreements or money market funds.

  • 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.