FTCD Contributions Sample Clauses

FTCD Contributions. FTCD’s initial contribution to the Company shall be: (a) The Lease for the Land to construct the Production Facility, if applicable. (b) One or more signed purchase agreements for sales to governmental and/or private organizations within the Dominican Republic or Haiti for the purchase of the Products packaged by the Company for a period of at least one year after the Effective Date of this Agreement in the amounts specified in Section 4.2 (c). FTCD will secure the purchase agreements no later than November 30, 2005 and represents and warrants to NutraCea, as a material term to the Agreement, that FTCD is able to obtain such purchase agreements. (c) during the initial two year period(years one and two) from the Effective Date, FTCD shall secure signed purchase agreements in the aggregate annual amount of at least [*] for Products Servings in the Dominican Republic, representing approximately 200,000 Servings per day, based on a price of approximately [*] per serving, but in no case less than [*] per serving. All such dollar amounts will be determined based upon the currency exchange rate for Dominican Republic pesos into United States dollars in effect as of the Effective Date and will be subject to currency exchange fluctuations occurring thereafter. FTCD will secure the initial written purchase orders no later than 45 days from the Effective Date. Until and unless the Production Facility in the Dominican Republic is completed and operational, the bulk Solubles Product mixture requirements under this Agreement shall be met by NutraCea’s United States facilities (this will occur during the entire term that either party elects to proceed with the Alternate Production Arrangement) and package the bulk Solubles in accordance with the terms of this Agreement. [*] designates portions of this document that have been omitted pursuant to a request for confidential treatment filed seperately with the Commission (d) during the next two year period (years three and four), the purchase agreements in the aggregate will increase to at least [*] per month for Product, representing at least 800,000 Servings per day for approximately seventeen days per month (based on a price of approximately [*] per Serving, but in no event less than [*] per Serving).
Sample 1
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Related to FTCD Contributions

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

  • 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.

  • 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.

  • 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.

  • 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>

  • When Can I Make Contributions You may make annual contributions to your Xxxx XXX any time up to and including the due date for filing your tax return for the year, not including extensions. You may continue to make regular contributions to your Xxxx XXX even after you attain RMD age. In addition, rollover contributions and transfers (to the extent permitted as discussed below) may be made at any time, regardless of your age.

  • 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.

  • 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.

  • 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.

  • 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.

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