KAVA contribution Sample Clauses

KAVA contribution. ‌ 5.1.1. The KIC LE and the Recipient shall each make certain contributions to each KAVA. These contributions are, set out in the “KAVA Budget”, which will be included in the relevant KAVA Plan. 5.1.2. The Recipient shall receive a financial contribution by the KIC LE only for its tasks in the KAVA(s), carried out in accordance with this Agreement and the General Project Terms, from: (i) funds made available to the KIC LE by the EIT under the GA, and subject to the provisions of Article 5.3 of this Agreement regarding eligibility of costs (“Confirmed Funding EIT” or “Confirmed Funding”); The Confirmed Funding and the conditions attached to this Confirmed Funding will be further detailed in the General Project Terms.] 5.1.3. Other than the Confirmed Funding (and any funding confirmed in the following years, collectively “the Funding”) there will be no further grants, subsidies, reimbursements or other payments by the KIC LE to the KAVA(s) and/or the Recipient due to or in connection with the KAVA(s) unless expressly specified otherwise in the General Project Terms, or any other arrangement between the Recipient and the KIC LE. The Funding shall cover all costs, expenditures, travel expense, overhead, sub-contractors, duties, tax if any or other payment obligations incurred by the Recipient due to or in connection with the KAVA. 5.1.4. The Recipient shall use the financial support transferred by the KIC LE only for the implementation and execution of the relevant KAVA as reflected in the KAVA Plan and KAVA Budget.
Sample 1
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KAVA contribution. 5.1.1. The KIC LE and the Recipient shall each make certain contributions to each KAVA. These contributions are, set out in the “KAVA Budget”, which will be included in the relevant KAVA Plan. 5.1.2. The Recipient shall receive a financial contribution by the KIC LE only for its tasks in the KAVA(s), carried out in accordance with this Agreement and the General Project Terms, from: (i) funds made available to the KIC LE by the EIT under the GA, and subject to the provisions of Article 5.3 of this Agreement
Sample 1

Related to KAVA contribution

  • 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.

  • No Contribution Each Designated Shareholder waives, and acknowledges and agrees that he shall not have and shall not exercise or assert (or attempt to exercise or assert), any right of contribution, right of indemnity or other right or remedy against the Surviving Corporation in connection with any indemnification obligation or any other liability to which he may become subject under or in connection with this Agreement or the Designated Shareholders' Closing Certificate.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • 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.

  • 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.

  • 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.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • 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.

  • 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.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

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