Contributions to Reserves Sample Clauses

Contributions to Reserves. 16. If any service is provided by an affiliate or subsidiary of LESSOR or the managing agent, the cost of such service shall not exceed the reasonable and customary cost charged by an independent third party performing the same services.
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Contributions to Reserves. 3.1 The Joint Committee is not required to maintain a reserve, but may decide to do so, in the event of a budget surplus. It is for each Partner Authority to consider making a suitable contingency allowance when setting their own budgets. SCHEDULE 6 - Exit Arrangements
Contributions to Reserves. Within sixty (60) days after the end of each year of the Term, Lessee shall deposit an amount equal to two percent (2%) of the Net Operating Income into the Capital Maintenance Reserve. The amounts so deposited in the Capital Maintenance Reserve, including all interest earned thereon, shall be continually maintained in such reserve account until such time as Lessee deems it advisable in its discretion to withdraw such amounts for use in fulfilling its obligation to repair, make replacements to and maintain the Leased Premises in accordance with the terms of this Lease. Upon the expiration or earlier termination of this Lease, the funds in the Capital Maintenance Reserve shall be the property of AFRH and shall be transferred promptly to AFRH. Lessee's obligation to make contributions to the Capital Maintenance Reserve pursuant to this Section 5.7 shall be deemed an obligation on the part of Lessee to pay Rent.
Contributions to Reserves a. FF&E Reserve
Contributions to Reserves 

Related to Contributions to Reserves

  • Contributions to Capital (a) The minimum initial contribution of each Member to the capital of the Company shall be $75,000, subject to the discretion of the Manager to accept initial investments in lesser amounts. The amount of the initial contribution of each Member shall be recorded on the books and records of the Company upon acceptance as a contribution to the capital of the Company. The Directors shall not be entitled to make voluntary contributions of capital to the Company as Directors of the Company, but may make voluntary contributions to the capital of the Company as Members.

  • 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.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Distributions to Members Section 9.1

  • 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.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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