Contributions and Distributions Sample Clauses
Contributions and Distributions. For purposes of applying the provisions of this Exhibit D, contributions to the Tax Partnership (“Capital Contributions”) shall include all Acquisition Costs, Well Costs, and any other costs incurred or payments made in respect of the Designated Property pursuant to the Agreement. Similarly, for purposes of applying the provisions of this Exhibit D, distributions from the Tax Partnership shall include, in the case of any Party, all receipts by such Party in respect of the Designated Property pursuant to the Agreement.
Contributions and Distributions. In the absence of an affirmative election to the contrary, all Deferrals contributed to the Plan shall be designated as pre-tax Deferrals. Loans from a Participant’s Account must be made and repaid from pre-tax available sources and/or Xxxx Elective Deferrals, subject to any ordering rules established by the Board. Participants may designate whether hardship withdrawals from their account will reduce pro-rata their Xxxx or their pre-tax available sources.
Contributions and Distributions. (a) Xxxxxxx Resources hereby contributes, assigns, transfers, conveys and delivers to Midstream HoldCo Xxxxxxx Resources’ right, title and interest in and to all of the membership interests in Xxxxxxx Operating (such membership interests being transferred, the “Transferred Operating Membership Interests”), free and clear of all Liens, other than (x) generally applicable restrictions on transfer that may be imposed by state or federal securities laws or (y) any transfer restrictions contained in the organizational documents of Xxxxxxx Operating, which, in the case of this clause (y), do not prevent or inhibit the transactions contemplated by this Agreement, in exchange for the Units (the “Xxxxxxx Operating Contribution”).
(b) Midstream HoldCo hereby accepts the contribution of the Transferred Operating Membership Interests from Xxxxxxx Resources pursuant to the Xxxxxxx Operating Contribution and agrees to be subject to all rights and obligations with respect to the Transferred Operating Membership Interests and Xxxxxxx Resources hereby accepts the Units in exchange for the Transferred Operating Membership Interests and agrees to be subject to all rights and obligations with respect to the Units.
(c) Immediately following the Xxxxxxx Operating Contribution, Xxxxxxx Resources hereby distributes, assigns, transfers, conveys and delivers to Xxxxxxx LLC Xxxxxxx Resources’ right, title and interest in and to all of the Units (such Units, the “Transferred Midstream Units”), free and clear of all Liens, other than (x) generally applicable restrictions on transfer that may be imposed by state or federal securities laws or (y) any transfer restrictions contained in the organizational documents of Midstream HoldCo, which, in the case of this clause (y), do not prevent or inhibit the transactions contemplated by this Agreement (the “Xxxxxxx Resources Midstream Distribution”).
(d) Xxxxxxx LLC hereby accepts the distribution of the Transferred Midstream Units from Xxxxxxx Resources pursuant to the Xxxxxxx Resources Midstream Distribution and agrees to be subject to all rights and obligations with respect to the Transferred Midstream Units.
(e) Immediately following the Xxxxxxx Resources Midstream Distribution, Xxxxxxx LLC hereby distributes, assigns, transfers, conveys and delivers to Xxxxxxx Equity Holdings Xxxxxxx LLC’s right, title and interest in and to all of the Transferred Midstream Units, free and clear of all Liens, other than (x) generally applicable restrictio...
Contributions and Distributions. (a) The Member shall not have any obligation to make additional capital contributions to the Company.
(b) Subject to Section 18-607 of the Act, Distributions shall be made by the Company to the Member, as determined by the Member.
Contributions and Distributions. Except as provided for in paragraph 13, the parties shall contribute to the costs and expenses of the Venture and share in the production of the Venture in proportion to their respective Participating Interests, as they may from time to time then appear.
Contributions and Distributions. Seller shall not make any capital contributions to the Partnership other than those scheduled in the documents delivered to Purchaser pursuant to Section 4.2 without obtaining the prior written consent of Purchaser unless the failure to make such contribution would adversely affect Seller's interest in the Partnership and Seller has complied with Section 7.2.1 regarding any notices Seller has received with regard to such contribution. Seller shall promptly give Purchaser notice of the amount and timing of any distributions from the Partnership together with any supporting documentation therefor which has been delivered or made available by the Partnership to Seller.
Contributions and Distributions. The Partners will fund all capital requirements of the Partnership in accordance with their Partnership Interests. The Partnership will annually, as soon as practicable after the close of the fiscal year of the Partnership, distribute all funds received by it to the Partners in accordance with their Partnership Interests; provided, that the Partnership may retain funds within the Partnership to the extent the Managing Partner determines to be reasonable for the conduct of its business and fulfillment of its purposes. Notwithstanding the foregoing, the Managing Partner may, in his discretion, cause the Partnership to make more frequent distribution to the Partners in accordance with their Partnership Interests.
Contributions and Distributions. (a) The Employer shall make contributions to the Fund pursuant to the terms of the Plan in such manner as agreed to by the Trustee. The Trustee shall have no duty to determine or to enforce payment of any contribution due under the Plan or any responsibility for the adequacy of the funding policy adopted by the Employer to meet and discharge liabilities under the Plan.
(b) The Trustee shall make such payments and distributions as directed in writing by the Plan Administrator (as defined in the Plan) or its delegate. Such written direction of the Plan Administrator (or its delegate) shall be deemed a certification that such payments and distributions comply with the terms of the Plan and the Employee Retirement Income Security Act of 1974 as now in effect or as it may hereafter be amended (hereinafter referred to as “ERISA”), and (except as provided in Section 20 of this Agreement), the Trustee shall have no duty to verify that such payments and distributions comply with the provisions of the Plan and applicable law.
Contributions and Distributions. The Grantors shall maintain records of the contributions made to APSG and the distributions made by APSG to the Grantors during the Measuring Period, and upon request of Grantee during the Option Term, shall provide to Grantee an accounting thereof.
Contributions and Distributions. (a) The Employer shall make contributions to the Fund pursuant to the terms of the Plan in such manner as agreed to by the Trustee. The Trustee shall have no duty to determine or to enforce payment of any contribution due under the Plan or any responsibility for the adequacy of the funding policy adopted by the Employer to meet and discharge liabilities under the Plan.
(b) The Trustee shall make such payments and distributions as directed in writing by the Employer. Such written direction of the Employer shall be deemed a certification that such payments and distributions comply with the terms of the Plan and the Employee Retirement Income Security Act of 1974 as now in effect or as it may hereafter be amended (hereinafter referred to as "ERISA"), and (except as provided in Section 20 of this Agreement), the Trustee shall have no duty to verify that such payments and distributions comply with the provisions of the Plan and applicable law.