Cost Share Contributions Sample Clauses

Cost Share Contributions. It is the intention of the Government and the Participant to share the allowable and allocable costs of performance of the work during this Agreement as set forth herein. The Government's contribution and support for this Agreement during the project period Oct. 1, 1999 through January 14, 2003 will be $1,110,608. The Participant will contribute $598,020 toward the aforementioned project period. Notwithstanding any other provision in this Agreement, it is the intention of the Government and the Participant to share the total allowable and allocable costs performance during the project period on a 65 percent (Government) and 35 percent (Participant) basis. It is understood by the parties that the DOE share of this project period is $1,110,608 and notwithstanding any other provision in this Agreement to the contrary additional Federal funding will be provided notwithstanding the total cost of the project at completion. In keeping with the cost share requirements set forth under this cooperative agreement the following cost sharing is necessary under each Topic: Development of an Integrated State-of-the-Art Fuel Cell Power System-- Topic 1.J. (Cost Share 35%) In the event the project is terminated early or not funded to its completion, the Participant understands and specifically agrees that the Government is not waiving the Participant's requisite cost share requirement and that in the event the project is not funded to its completion or otherwise terminated prior to completion, the Participant is still obligated to meet its requisite cost share. Participant further agrees that upon termination or at the completion of the project, upon notification by the Government, it will promptly submit to the Government all such sums due and owing to satisfy its requisite cost share. Failure to make such payment shall result in the Government undertaking collection action against the Participant. This understanding and agreement shall also apply to any additional budget periods within the project period wherein the Participant's aggregate cost share contribution to that date has not met the requisite cost share.
AutoNDA by SimpleDocs
Cost Share Contributions. 1 2. Fee ............................................................ 1
Cost Share Contributions. Attachment A cost categories 02 - 08. For funding that the GCPD requests to use as cost share contributions to the U.S. Army Corps of Engineers (USACE), the GCPD will submit funding requests to the GLO as needed for timely contribution to the USACE. The GLO will either (a) respond to the GCPD that the request is rejected for deficiencies within 20 days of the GLO’s receipt of the funding request, or (b) approve and transfer funds to the GCPD within 60 days of the GLO’s receipt of the funding request.

Related to Cost Share Contributions

  • 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.

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

  • 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.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

  • 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.

  • 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.

  • 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.

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • Other Contributions In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • 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.

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