Funding Contributions. 6.01. In order to enable Green Dot Cyprus to fulfil its obligations, the Packaging Responsible shall pay to Green Dot Cyprus annual contributions for financing the System. The contributions apply and shall be paid from the accreditation date of the System, the 1st of August 2006, as explained in Article 7 of this Agreement.
6.02. The annual contributions concern and will be due for the packaging placed on the market in the Territory by the Packaging Responsible during the year. These contributions shall be based on the quantity and type of packaging, as provided by the Packaging Responsible in its yearly Declaration.
6.03. For the purpose of this Agreement, - year n means the current year during which the Agreement is in force; - year n-1 means the year preceding year n;
6.04. The invoicing and payment of the contributions of the Packaging Responsible to Green Dot Cyprus for year n, shall be based on the packaging quantities placed in the market by the Packaging Responsible in the previous year (year n-1) and shall be due within 30 days from the issue date of the invoice, unless: Initials ▪ the invoice amount is beyond €85,001 in which case it is payable in six (6) equal consecutive monthly instalments. In this case, along with the first instalment besides payment of the 1/6 of the clear amount, the total of the VAT should also be paid. Any delays in payment shall hold an interest equal to the running lending interest rate of the Central European Bank plus 1%.
6.05. In derogation to the foregoing paragraph, if no Declaration from the Packaging Responsible is available, because the Packaging Responsible has not put any packaging on the market in the preceding years, the advances shall be calculated on the basis of the packaging volumes that the Packaging Responsible anticipates placing on the market during the current year (year n).
6.06. Payments shall be made by credit transfer or banker’s cheque, or any other means of payment approved by Green Dot Cyprus. All invoices are payable in thirty (30) days from invoice issue, unless the amount due falls in any of the categories described in article 6.04. The Packaging Responsible will not be validly and entirely freed from its obligation to pay an invoice unless Green Dot Cyprus has received the full amount invoiced. Consequently, for example, bank charges associated with payment method chosen by the Packaging Responsible shall be covered by the Packaging Responsible. Any dispute concerning invoices must be sub...
Funding Contributions.
15.1. Each Party’s funding contribution to support the operation of the Board is set out in ATTACHMENT A to this Agreement, unless otherwise varied by the BMF.
15.2. The Board’s funding shall be provided by:
a. annual appropriation by the Australian Government to the ABCB Account; and
b. crediting of payments made by the States and Territories to the Australian Government for the purposes of the ABCB Account to the ABCB Account.
15.3. Annual contributions of funds are payable by the Parties once an appropriation is available, or as soon as practicable after the commencement of each financial year, whichever is the later.
15.4. The Australian Government may receive payments from other sources for the purposes of the Board or arising from the activities of the Board, and these amounts are to be credited to the ABCB Account.
Funding Contributions. Any investment in the Company will be made in the sole discretion of the Member.
Funding Contributions. The Parties agree to contribute to the NDIS in accordance with Schedule B and with regard to the commitment in the Heads of Agreement between the Commonwealth and the Tasmanian Governments on the National Disability Insurance Scheme.
Funding Contributions. 6.01. In order to enable Green Dot Cyprus to fulfil its obligations, the Packaging Responsible shall pay to Green Dot Cyprus annual contributions for financing the System. The contributions apply and shall be paid from the accreditation date of the System, the 1st of August 2006, as explained in Article 7 of this Agreement.
6.02. The annual contributions concern and will be due for the packaging placed on the market in the Territory by the Packaging Responsible during the year. These contributions shall be based on the quantity and type of packaging, as provided by the Packaging Responsible in its yearly Declaration.
6.03. For the purpose of this Agreement, - year n means the current year during which the Agreement is in force; - year n-1 means the year preceding year n;
6.04. The invoicing and payment of the contributions of the Packaging Responsible to Green Dot Cyprus for year n, shall be based on the packaging quantities placed in the market by the Packaging Responsible in the previous year (year n-1) and shall be due within 30 days from the issue date of the invoice, unless: Initials ▪ the invoice amount is between €2,000 and €10,000 in which case it is payable in two (2) equal consecutive monthly instalments ▪ the invoice amount is between €10,001 and €20,000 in which case it is payable in three (3) equal consecutive monthly instalments ▪ the invoice amount is between €20,001 and €35,000 in which case it is payable in four (4) equal consecutive monthly instalments ▪ the invoice amount is between €35,001 and €85,000 in which case it is payable in five (5) equal consecutive monthly instalments ▪ the invoice amount is beyond €85,001 in which case it is payable in six (6) equal consecutive monthly instalments. In this case, along with the first instalment besides payment of the 1/6 of the clear amount, the total of the VAT should also be paid. Any delays in payment shall hold an interest equal to the running lending interest rate of the Central European Bank plus 1%.
6.05. In derogation to the foregoing paragraph, if no Declaration from the Packaging Responsible is available, because the Packaging Responsible has not put any packaging on the market in the preceding years, the advances shall be calculated on the basis of the packaging volumes that the Packaging Responsible anticipates placing on the market during the current year (year n).
6.06. Payments shall be made by credit transfer or banker’s cheque, or any other means of payment approved by Green D...
Funding Contributions. 6.1 In order to enable AFIS to fulfil its obligations according to the Regulation, the Producer shall pay to AFIS annual contributions for financing the System. The contributions apply and shall be paid to the System from the 1st of May 2009.
6.2 The annual contributions concern and will be due to the System for Household Type Batteries and Accumulators placed in the market within the Territory by the Producer during the year as provided by the Producer on the Declaration to be submitted to the System according to Article 4 of this Agreement.
6.3 Payment of contributions to the System shall be made via bank transfer or bankers' cheque or, any other payment method approved by AFIS. All invoices are payable thirty (30) days from their receipt. Any dispute concerning invoices should be submitted by registered mail within 10 calendar days from the invoice date in order to be valid.
6.4 The contributions of the Producer are calculated based on the quantities of the H.B.&A. placed within the Territory and according to the Contribution Catalogue included in Annex 2 of the Agreement. In order to carry out its assignment, AFIS shall be able within the limits allowed by the Law and by duly reasoned resolution of its Board of Directors to revise the Contribution Catalogue and to fix the date on which such revision shall come into effect.
6.5 If the Producer does not submit its Declaration in due time, it shall be responsible for the delay and shall pay agreed compensation with an amount equivalent to 1% of the annual contribution per month of delay, with a minimum of fifty (€50) Euro per month and a maximum of three thousand five hundred Euro (€3,500) per month. In the event that AFIS, after a period of six months, calculated in accordance with articles 4.01 and 4.02 respectively has not yet received the Declaration, AFIS will be legally entitled to dissolve the Agreement in accordance with article 11 of the Agreement.
6.6 In the event that AFIS, by any means available to it under the Law and in particular by means of the audits referred to in article 4.06, ascertains that false statement is contained in the Declaration of the Producer, the Producer shall be obliged to pay to AFIS, on the one hand, the contributions not paid plus interest on the sums due and not paid, calculated at the running legal lending interest rate of the European Central Bank plus 5%. In the event of a second breach, AFIS shall automatically be entitled to consider the Agreement terminated.
Funding Contributions. All minimum nationally mandated sums as set out in the National Guidance from both health and care resources will be transferred to the BCF Pooled Fund. Partners reserve the right to review their discretionary additional contributions to the BCF Pooled Fund in line with the process referred in this Schedule, subject to the relevant notices being served and implications of any associated commitments against the resources being managed appropriately.
Funding Contributions. If necessary to cover the deficits of the Company, each Member will contribute additional capital pro rata in accordance with their respective Percentage Interests, with such capital calls subject to the aggregate maximum (including the initial Capital Contributions described in Section 3.1) of One Hundred Million Dollars ($100,000,000) (each, a "Mandatory Additional Cash Contribution"; and, together with the Mandatory Additional Equity Contributions, the "Mandatory Additional Capital Contributions"). A schedule of anticipated Mandatory Additional Cash Contributions for the first eight (8) quarters of the Company's operation, which contributions are expected to occur quarterly at the beginning of each quarter, will be attached hereto as Exhibit C upon completion of the Final First Business Plan. Subsequent Mandatory Additional Cash Contributions will be made as set forth in the Business Plan, as in effect from time to time. The Company will give written notice to each Member of each Mandatory Additional Capital Contribution at least fifteen (15) business days prior to the date due, stating the amount owed by each Member and the date on which such amount is due.
Funding Contributions. The Parties agree to contribute to the NDIS in accordance with Schedule C to this Agreement.
Funding Contributions. C1 The Parties agree to jointly fund the development and maintenance of the National Clearance Database from 2018-19 onwards, with:
