Contributions by the Company. (a) The Trustee shall receive from the Company such amounts in cash or other property reasonably acceptable to the Trustee as the Company may from time to time determine. The Trustee shall be under no obligation to seek collection of any contribution from the Company. All responsibility for the determination of the amount, timing and type of payments made to the Trustee, or otherwise establishing a funding policy consistent with the objectives of the applicable Plan shall be on the Company or its designee.
Contributions by the Company. The Company agrees to pay the Contribution in pounds Sterling to the University on receipt of University invoices received prior to the Payment Dates. The Contribution will be exclusive of any value added tax [and free of withholding] or other taxes which, if applicable, will be payable in addition by the Company. The Company will pay the additional travel and subsistence costs incurred as a direct result of the Student carrying out the Project, together with the reasonable costs of the Student and the Academic Supervisor in attending meetings. The University will own any equipment purchased or constructed using the Contribution. The University shall acknowledge the financial contribution of the Company towards any such equipment in such reasonable way as may be mutually agreed between the Company and the University. If any amount due under this Agreement by the Company is not paid in accordance with this Clause 2 the Company shall pay interest on the amount outstanding as at the due date of payment from the due date of payment until payment is made in full at the rate of 4 per centum per annum above the base lending rate of the Royal Bank of Scotland plc from time to time. Such interest shall accrue on a daily basis and be compounded quarterly. The Company will provide the in kind contributions to the University as specified in Part 2B of the Schedule.
Contributions by the Company. After all of the Members have made their initial Capital Contributions to the Company under Section 3.1.2, the Manager shall cause the Company to make a Contribution to an eligible charity in an amount equal to the initial Capital Contributions of the Members within 60 days following the Company's receipt of an approval letter from the Commonwealth of Pennsylvania that authorizes the Company to participate in the EITC and/or the OSTC tax credit programs, as applicable. After all of the Members have made their second Capital Contributions to the Company under Section 3.1.3, the Manager shall cause the Company to make a second and final Contribution to an eligible charity in an amount equal to the second Capital Contributions of the Members.
Contributions by the Company. A. Upon a Potential Change in Control (as hereinafter defined) of the Company, the Company shall transfer to the Trustee that sum of money which is sufficient to purchase from an insurance company (the "Insurance Company") with a rating of B or better in Best's annuities which will provide the benefits in the amounts and at the times due to all Trust Beneficiaries of the Plan. For purposes of determining the purchase price of such annuity policies, the retirement date for the Directors who are Trust Beneficiaries shall be presumed to be the date upon which the Potential Change in Control occurred.
Contributions by the Company. (a) Beginning on August 18, 2023 (the “Contribution Start Date”), and on the corresponding date of each calendar month after the Contribution Start Date (each such date, including the Contribution Start Date, a “Contribution Date”) until the earlier of (i) the date as of which the Company has made six (6) monthly contribution payments pursuant to this Section 8.09(a) and (ii) Acquiror’s delivery of written notice to the Company that Acquiror has determined not to consummate the Transactions, the Company shall pay or cause to be paid to Acquiror, by wire transfer of immediately available funds, an amount in cash (each such amount, a “Contribution Amount”) equal to the product of (x) the total number of shares of Acquiror Stock outstanding as of immediately prior to the applicable Contribution Date, taking into account all redemptions of Acquiror Stock occurring prior to such Contribution Date, multiplied by (y) $0.015.
Contributions by the Company. After all of the Members have made their initial Capital Contributions to the Company under Section 3.1.2, the Manager shall cause the Company to make a Contribution to Eligible Organizations as directed by the Members in an amount equal to the initial Capital Contributions of the Members within 60 days following the Company’s receipt of an approval letter from the Commonwealth of Pennsylvania that authorizes the Company to participate in the Educational Improvement Tax Credit Program and/or the Opportunity Scholarship Tax Credit Program, as applicable. After all of the Members have made their second Capital Contributions to the Company under Section 3.1.3, the Manager shall cause the Company to make a second and final Contribution to Eligible Organizations in an amount equal to the second Capital Contributions of the Members.
Contributions by the Company. The Company shall make a contribution to the Fund up to five cents (5¢), per Appendix E, B.(a)(i), multiplied by the total number of straight time hours worked by each employee during the preceding month, or such lesser amount as will bring the Net Worth of the Fund up to the maximum Funding Position as provided in Section 2 b). The Company shall not be required to make any contribution to the Fund with respect to any month for which the Financial Position equals or exceeds 100%.
Contributions by the Company. (a) The Company will deliver contributions hereunder to the Trustee at such times, and in such amounts, as the Company may determine to be appropriate to enable the Trust to accumulate assets sufficient to pay all, or any part, as determined by the Company, of the benefits payable under the Plans.
Contributions by the Company. (a) The Trustee shall receive from the Company such amounts in cash or other property acceptable to the Trustee as the Company may from time to time determine. The Trustee shall be under no obligation to collect any such contribution. All responsibility for the determination of the amount, timing and type of payments made to the Trustee, or otherwise establishing a funding policy consistent with the objectives of the Plan shall -9- 11 be on the Company or its designee. The Company will certify to the Trustee in writing with respect to each such contribution the amount of the contribution being made with respect to each Participant's Account and the Trustee shall allocate the contribution among such Accounts accordingly.
Contributions by the Company. 3.1 The Company agrees to make payments to the University of Exeter on the dates and in the amounts specified in Schedule A. VAT, if applicable, shall be paid in addition to such sums.
