Cost Contributions Sample Clauses

Cost Contributions. To the extent the Company’s cash on hand is insufficient to pay all Company Costs and Expenses that are due and payable, the Class A Shareholder (including its Affiliates) shall provide funding to the Company (or make payment to the relevant payees on behalf of the Company) in an amount equal to such shortfall (such amounts, together with all other funding (if any) provided by the Class A Shareholder or its Affiliates to or on behalf of the Company, whether before, on or after the date hereof, and other than the Total Investment Contributions, the “Cost Contributions”) within 15 Business Days following the written request of the Company. Except for the Company Costs and Expenses required to be paid pursuant to the immediately preceding sentence and unless otherwise expressly provided in this Agreement, neither the Class A Shareholder nor its Affiliates shall be obligated to make any capital contribution, in cash or otherwise, to the Company or to provide any loan or other financial support to the Company, or otherwise make any payments on behalf of the Company. For the avoidance of doubt, in the event the Class A Shareholder or its designee makes any capital contribution, loan or financial support to the Company or otherwise makes any payment on behalf of the Company that does not constitute the Total Investment Contribution, such contribution, loan, financial support and payment shall constitute the Cost Contributions.
AutoNDA by SimpleDocs
Cost Contributions. The parties shall contribute half of all costs of keeping and maintaining the Aircraft, and each shall pay its own costs of individual use.
Cost Contributions. Basic needed energy conservation improvements will be made to the unit(s) without a financial contribution by the Lessor. In order for the unit(s) to be considered for measures other that the basic procedures, at least one of the following options must be checked yes:

Related to Cost Contributions

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • 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.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

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

  • 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.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • 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.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!