Cost of Participation Sample Clauses

Cost of Participation. 21.1 All costs incurred by the Business Partner to participate in the Elien program will be their sole responsibility.
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Cost of Participation. 2.6.1. The cost of registration from May 26 to May 28, 2019 - 2000 rubles 2.6.2. The cost of registration from May 29 to June 05, 2019 - 2500 rubles 2.6.3. The cost of registration from June 06 to July 7, 2019 - 3000 rubles 2.6.4. The cost of registration on the day of the Time Trial is 4000 rubles, only upon availability. The availability of free places can be checked with the representatives of the Organizer personally at the Start / Finish, by phone or e-mail specified in the Offer.
Sample 1
Cost of Participation. Drilling cost of the test well, including land and prospect fee is set at $8,650.00 per One (1.00%) Percent Working Interest, and the completion cost of the Obligation Well, is set at $2,880.00 per One (1.00%) Percent as shown under the terms of the offering in the Prospectus attached hereto as Exhibit “A”. Daybreak desires to acquire Twenty-five (25.00%) Percent Working Interest in the test well, which represents an acquisition cost (including land, geology, and drilling cost) of Two Hundred, Sixteen Thousand and No/100’s ($216,000.00) USD. If the Obligation Well of the Prospect is completed, Daybreak will tender its share of completion funds in the amount of Seventy-two Thousand and No/100’s ($72,000) USD under the exact terms shown in the terms of the offering of the Prospectus and Private Oil and Gas Venture Participation Application, marked Exhibit “A-1”, which is attached hereto and made a part hereof by reference.
Sample 1
Cost of Participation. If both KCS and HOMI shall elect to participate in a Test Well in accordance with Section 2.2 above, KCS shall bear and pay fifty percent (50%) of all Participation Costs payable by HOMI under and as provided by the Drilling Agreement with respect to such Test Well and the Prospect in which the same is to be drilled. As used herein, the term "HOMI Participation Costs" shall mean that portion (50%) of Participation Costs payable by HOMI with respect to each Test Well in which it has elected to participate under the Drilling Agreement, and the term "KCS Participation Costs" shall mean that portion (50%) of Participation Costs payable by KCS hereunder with respect to each Test Well in which KCS shall have elected to participate under this Agreement, and the sum of the HOMI Participation Costs and the KCS Participation Costs shall equal the total Participation Costs payable to SEXI with respect to each Test Well drilled under the Drilling Agreement. KCS shall pay the KCS Participation Costs directly to SEXI, or by way of reimbursement to HOMI, at the time, and in the manner set forth in Section 2.5 to the Drilling Agreement. Notwithstanding the foregoing, the parties acknowledge that the Engineering Fees payable to SEXI as Participation Costs under Sections 2.5(c) and 2.5(d) to the Drilling Agreement are payable only if HOMI (and/or KCS with respect to its interest in a Test Well) has consented to or otherwise elected to participate in the attempted completion of a Test Well as a Well capable of producing Hydrocarbons in paying quantities, and that payment thereof shall not be due unless or until the Test Well shall have been completed as a Well capable of producing Hydrocarbons in commercial quantities as evidenced by the first sale of production from the Test Well. If either HOMI or KCS does not consent to or otherwise elect to participate in the attempted completion of a Test Well (in which both HOMI and KCS have elected to participate) as a Well capable of producing Hydrocarbons in commercial quantities, the Party who shall have consented to or otherwise elected to participate in such attempted completion, shall bear and pay all said Engineering Fees attributable to the HOMI Interest, and to the extent such completion is a Required Operation, the right to and/or ownership of any Required Operation Interests earned by the completion operation shall be owned and belong solely to the Party who shall have participated in the completion operation, as more parti...
Sample 1
Cost of Participation. The Legal Defense Reimbursement Program is based upon pay- ment of a participant fee by the Indemnified Member. You agree to promptly pay the cost as stated on the ACSI membership statement and/or the portion of the application for ACSI membership relating to your agreement to par- ticipate in this program. Failure to pay the par- ticipation fee within 30 days of the date of billing and/or application will void the indemnity agreement.
Sample 1
Cost of Participation. ‌ Contenders prepare and deliver request for participation and participate in the subsequent competitive stage at their own expense and risk. NRK assumes no further financial responsibility for the invested effort or other costs in connection with the request for participation or the participation in the proceedings as such.
Sample 1
Cost of Participation. 2.6.1. The cost of registration from May 26 to May 28, 2019 - 2000 rubles 2.6.2. The cost of registration from May 29 to June 05, 2019 - 2500 rubles 2.6.3. The cost of registration from June 06 to July 7, 2019 - 3000 rubles 2.6.4. The cost of registration on the day of the Time Trial is 4000 rubles, only upon availability. The availability of free places can be checked with the representatives of the Organizer personally at the Start / Finish, by phone or e-mail specified in the Offer. 2.7. The Organizer has the right to disqualify any participant from participation in the Event prior to preparation for the Time Trial, as well as during the Time Trial and withdraw from the distance if the Participant finds a violation of the conditions of the Offer, Regulation, legislation of the Russian Federation, including in the field of sports and cultural events, protection of health, nature and the environment, fire and electrical safety, anti-terrorism security. 2.8. Only registered participants who have furnished the health certificate, paid the fee and received the participant package are allowed to take part in the Time Trial. 2.9. The participant package includes the participant number, electronic chip, drinking water and meals in the start/finish zones, first aid and technical support. 2.10. Prior to the event, the Participant must sign the Disclaimer of Responsibility. 2.11. Re-registration of the participants is possible no later than 14 (fourteen) calendar days prior to the day of the Race.
Sample 1
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Cost of Participation. California Tomorrow has sufficient grant funding from the Hewlett Foundation to cover the cost of project staff, project coordination, convening and technical assistance expenses. In partnering with us to work collaboratively on access and equity issues, California Tomorrow is asking participating colleges to provide a match to our existing funds by covering the travel (hotel, airfare and some meals) expenses of individuals on their campus leadership team to attend the four network meetings. CCN – MOU Page 2
Sample 1
Cost of Participation. The Legal De- fense Reimbursement Program is based upon payment of a participant fee by the Indemni- fied Member. You agree to promptly pay the cost as stated on the ACSI membership statement and/or the portion of the application for ACSI membership relating to your agree- ment to participate in this program. Failure to pay the participation fee within 30 days of the date of billing and/or application will void the indemnity agreement.
Sample 1

Related to Cost of Participation

  • Repayment of Participations (i) At any time after any Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its Applicable Percentage of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s risk participation was funded) in the same funds as those received by the Swing Line Lender. (ii) If any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is required to be returned by the Swing Line Lender under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the Swing Line Lender in its discretion), each Lender shall pay to the Swing Line Lender its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Program Participation By participating in the CRF Program, Grantee agrees to: a. Not increase any Eligible Household’s rent through January 2021; b. Waive all costs, fees and charges incurred by Eligible Households as a result of non- payment or partial payment of rent during the impacted months; c. Not consider non-payment or partial payment by Eligible Households during impacted months when considering renewal of an Eligible Household’s lease, or, share this information with other rental properties, credit bureaus and tenant screening companies; d. Not initiate new Eligible Household evictions for non-payment of rent and must suspend all pending evictions of Eligible Households for nonpayment of rent for the duration of the rental payment assistance; e. Not issue a notice to vacate to Eligible Households for nonpayment of rent until the end of the Eviction Relief Period; and f. Not require Eligible Households to vacate the unit until 30 days after such notice.

  • Right of Participation (a) In addition, for a period commencing on the Closing Date and terminating on the twelve (12) month anniversary of the Closing Date, the Company agrees not to participate in any offer or sale of equity or debt securities (a “Subsequent Financing”) without offering to the Purchasers the opportunity to purchase up to a minimum of 35% of the securities offered in such Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing. (b) At least five (5) Trading Days prior to the closing of the Subsequent Financing, the Company shall deliver to each Purchaser a written notice of its intention to effect a Subsequent Financing (“Pre-Notice”), which Pre-Notice shall ask such Purchaser if it wants to review the details of such financing (such additional notice, a “Subsequent Financing Notice”). Upon the request of a Purchaser, and only upon a request by such Purchaser, for a Subsequent Financing Notice, the Company shall promptly, but no later than one (1) Trading Day after such request, deliver a Subsequent Financing Notice to such Purchaser. The Subsequent Financing Notice shall describe in reasonable detail the proposed terms of such Subsequent Financing, the amount of proceeds intended to be raised thereunder and the Person or Persons through or with whom such Subsequent Financing is proposed to be effected and shall include a term sheet or similar document relating thereto as an attachment. (c) Any Purchaser desiring to participate in such Subsequent Financing must provide written notice to the Company by not later than 5:30 p.m. (New York City time) on the fifth (5th) Trading Day after such Purchaser’s receipt of the Pre-Notice, that such Purchaser is willing to participate in the Subsequent Financing, the amount of such Purchaser’s participation, and representing and warranting that such Purchaser has such funds ready, willing, and available for investment on the terms set forth in the Subsequent Financing Notice. If the Company receives no such notice from a Purchaser as of such fifth (5th) Trading Day, such Purchaser shall be deemed to have notified the Company that it does not elect to participate. (d) If by 5:30 p.m. (New York City time) on the fifth (5th) Trading Day after all of the Purchasers have received the Pre-Notice, notifications by the Purchasers of their willingness to participate in the Subsequent Financing (or to cause their designees to participate) cover, in the aggregate, less than the total amount of the Subsequent Financing, then the Company may effect the remaining portion of such Subsequent Financing on the terms and with the Persons set forth in the Subsequent Financing Notice. (e) If by 5:30 p.m. (New York City time) on the fifth (5th) Trading Day after all of the Purchasers have received the Pre-Notice, the Company receives responses to a Subsequent Financing Notice from Purchasers seeking to purchase more than the aggregate amount of the Participation Maximum, each such Purchaser shall have the right to purchase its Pro Rata Portion (as defined below) of the Participation Maximum. “Pro Rata Portion” means the ratio of (x) the Subscription Amount of Securities purchased on the Closing Date by a Purchaser participating under this Section 4.10 and (y) the sum of the aggregate Subscription Amounts of Securities purchased on the Closing Date by all Purchasers participating under this Section 4.10 plus the aggregate subscription amounts of investors that acquire Preferred Shares for Exchange Securities that are participating in such Subsequent Financing pursuant to participation rights granted to such investors under such agreements that are substantially similar to this Section 4.10.

  • L/C Participations (a) The Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant, and, to induce the Issuing Lender to issue Letters of Credit hereunder, each L/C Participant irrevocably agrees to accept and purchase and hereby accepts and purchases from the Issuing Lender, on the terms and conditions hereinafter stated, for such L/C Participant’s own account and risk an undivided interest equal to such L/C Participant’s Revolving Credit Commitment Percentage in the Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued hereunder and the amount of each draft paid by the Issuing Lender thereunder. Each L/C Participant unconditionally and irrevocably agrees with the Issuing Lender that, if a draft is paid under any Letter of Credit for which the Issuing Lender is not reimbursed in full by the Borrower through a Revolving Credit Loan or otherwise in accordance with the terms of this Agreement, such L/C Participant shall pay to the Issuing Lender upon demand at the Issuing Lender’s address for notices specified herein an amount equal to such L/C Participant’s Revolving Credit Commitment Percentage of the amount of such draft, or any part thereof, which is not so reimbursed. (b) Upon becoming aware of any amount required to be paid by any L/C Participant to the Issuing Lender pursuant to Section 3.4(a) in respect of any unreimbursed portion of any payment made by the Issuing Lender under any Letter of Credit, the Issuing Lender shall notify each L/C Participant of the amount and due date of such required payment and such L/C Participant shall pay to the Issuing Lender the amount specified on the applicable due date. If any such amount is paid to the Issuing Lender after the date such payment is due, such L/C Participant shall pay to the Issuing Lender on demand, in addition to such amount, the product of (i) such amount, times (ii) the daily average Federal Funds Rate as determined by the Administrative Agent during the period from and including the date such payment is due to the date on which such payment is immediately available to the Issuing Lender, times (iii) a fraction the numerator of which is the number of days that elapse during such period and the denominator of which is 360. A certificate of the Issuing Lender with respect to any amounts owing under this Section shall be conclusive in the absence of manifest error. With respect to payment to the Issuing Lender of the unreimbursed amounts described in this Section, if the L/C Participants receive notice that any such payment is due (A) prior to 1:00 p.m. on any Business Day, such payment shall be due that Business Day, and (B) after 1:00 p.m. on any Business Day, such payment shall be due on the following Business Day. (c) Whenever, at any time after the Issuing Lender has made payment under any Letter of Credit and has received from any L/C Participant its Revolving Credit Commitment Percentage of such payment in accordance with this Section, the Issuing Lender receives any payment related to such Letter of Credit (whether directly from the Borrower or otherwise), or any payment of interest on account thereof, the Issuing Lender will distribute to such L/C Participant its pro rata share thereof; provided, that in the event that any such payment received by the Issuing Lender shall be required to be returned by the Issuing Lender, such L/C Participant shall return to the Issuing Lender the portion thereof previously distributed by the Issuing Lender to it.

  • Company Participation Subject to Section B.5, the Company shall not be liable to indemnify the Indemnitee under this Agreement with regard to any judicial action if the Company was not given a reasonable and timely opportunity, at its expense, to participate in the defense, conduct and/or settlement of such action.

  • Repayment of Participation Advances 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for the account of the Issuing Lender of immediately available funds from the Borrower (i) in reimbursement of any payment made by the Issuing Lender under the Letter of Credit with respect to which any Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by the Issuing Lender under such a Letter of Credit, the Administrative Agent on behalf of the Issuing Lender will pay to each Lender, in the same funds as those received by the Administrative Agent, the amount of such Lender’s Ratable Share of such funds, except the Administrative Agent shall retain for the account of the Issuing Lender the amount of the Ratable Share of such funds of any Lender that did not make a Participation Advance in respect of such payment by the Issuing Lender. 2.9.4.2 If the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of any payment made by any Loan Party to the Administrative Agent for the account of the Issuing Lender pursuant to this Section in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Lender shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent for the account of the Issuing Lender the amount of its Ratable Share of any amounts so returned by the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Lender to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

  • Continued Participation If Contractor elects to defend the claim, the City may retain separate counsel to participate in (but not control) the defense and to participate in (but not control) any settlement negotiations.

  • Joint Participation The parties hereto participated jointly in the negotiation and preparation of this Release, and each party has had the opportunity to obtain the advice of legal counsel and to review and comment upon the Release. Accordingly, it is agreed that no rule of construction shall apply against any party or in favor of any party. This Release shall be construed as if the parties jointly prepared this Release, and any uncertainty or ambiguity shall not be interpreted against one party and in favor of the other.

  • Employee Participation The Employer will assist employees' participation in health promotion and health education programs. Health promotion and health education programs that have been endorsed by the Employer (Minnesota Management & Budget) will be considered to be non-assigned job-related training pursuant to Administrative Procedure 21. Approval for this training is at the discretion of the Appointing Authority and is contingent upon meeting staffing needs in the employee's absence and the availability of funds. Employees are eligible for release time, tuition reimbursement, or a pro rata combination of both. Employees may be reimbursed for up to one hundred (100) percent of tuition or registration costs upon successful completion of the program. Employees may be granted release time, including the travel time, in lieu of reimbursement.

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