Joint Contributions Sample Clauses

Joint Contributions. (a) The parties will fund (by loan) equally operating costs associated with Stage One activities, expected not to exceed CAD $[***] per month. Therefore, each Party will contribute CAD $[***] each month following until the JV SERVICE is cashflow positive (b) Each Party will lend the JV SERVICE CAD $[***] by no later than September 15,2020 for the purchase of a Quanterix SIMOA HD-X. (c) Any additional capital expenditures, or major expense projects (such as a validation clinical trial) will require the consent of both parties and will be funded 50/50 unless otherwise agreed by both parties. (d) The Newco, a new BC registered corporation is planned to be established in the near future to provide the JV SERVICE, and additional non-voting shares in the Newco can be sold to familiar and supportive 3rd parties such as ProMIS shareholders and friends and family of the founders up to value of USD $[***] and at a pre-money value agreeable to BCNI and ProMIS.
Sample 1
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Joint Contributions. 4.1 Potential areas for collaborative research will be identified and recorded in subsequent research specific agreement(s) that set out appropriate and relevant contributions by the Parties. This may include: (a) Access to its research laboratories and assist in development of projects involving the parties. (b) Joint submission of research proposals to national and international organisations to obtain support for their common research objectives. (c) AU and CBTPL shall work specifically in the areas defined in Para (i) and para 3.1. 4.2 The parties acknowledge that all specific financial arrangements proposed must be negotiated and will depend upon the availability of funds and organizational approvals.
Sample 1
Joint Contributions. (a) The parties expect operating expenses to conduct the evaluation of peptide antigens and improved serologic assays, regular operating costs, legal costs at the JV/Immusafe and costs to bring the assay through Health Canada and FDA approvals. ProMIS will fund those costs, with prior notification of planned expenditures, and those accrued costs will be repaid from initial profits, if any, to the JV. BCNI has spent significant resources, including approximately USD [***] cash, 5-800 hundreds’ of highly qualified worker manhours and world class expertise (e.
Sample 1
Joint Contributions. <<one>> and <<two>> agree that all items of tangible personal property or real property purchased or acquired as a result of or through the product of joint labor, expense, or contribution (physical or monetary) in any degree of the parties during the term of this Agreement, shall be deemed to be jointly owned properties of the parties ("Joint Property"). Each of <<one>> and <<two>> shall own and possess an undivided interest in all Joint Property in proportion to the percentage of the purchase price, joint labor, or other services contributed by that party toward the purchase or acquisition of each item of Joint Property. The following are Joint Property: _____________________.
Sample 1
Joint Contributions. 4.1 Potential areas for collaborative research will be identified and recorded in subsequent research specific agreement(s) that set out appropriate and relevant contributions by the Parties. This may include i. Access to its research laboratories and assists in development of projects involving the parties. ii. Joint submission of research proposals to national and international organizations to obtain support for their common research objectives iii. Bundelkhand University, Jhansi and Axis Institute of Higher Education, Kanpur shall work specifically in the areas defined in Para(i) and Para3.1 5.2 The parties acknowledge that all specific financial agreements proposed must be negotiated and will depend upon the availability of funds and organizational approvals. Bundelkhand University, Jhansi and Axis Institute of Higher Education, Kanpur recognize that they will come into possession of information which the other considers to be confidential, including Personal Information(‘Personal Information’ means information and opinions recorded in any form about an individual whose identity is apparent, or can reasonably be ascertained from the information or opinion). Each of Bundelkhand University, Jhansi and Axis Institute of Higher Education, Kanpur covenants and agrees that it shall not, at any time disclose to any third party any confidential information of another party without first having obtained the prior written consent of the other party. The provisions of this clause 5 are intended to and shall be binding upon the parties upon the signing of this MoU and shall survive till the termination or expiry of this MoU.
Sample 1

Related to Joint 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.

  • 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.

  • 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.

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • 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.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • 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.

  • 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.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

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

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