MILRA’s Contribution Sample Clauses

MILRA’s Contribution. XXXXX’s contribution to the Project shall consist of (i) payment of the Management Costs, (ii) funds from the City to cover the Survey and all predevelopment expenses of MILRA under this Master Development Agreement (collectively, the “MILRA Predevelopment Funds”), (iii) payment on behalf of Developer for the first One Hundred Thousand and 00/100 Dollars ($100,000.00) in Due Diligence Costs, which payment may be in the form of grant funds or services obtained by MILRA to perform such due diligence activities in lieu of an actual cash payment to Developer (the “MILRA Due Diligence Contribution”), and (iv) contribution of the Parcels (i.e., the land and improvements situated thereon) underlying the applicable Project Area, together with certain other monetary and/or non-monetary contributions, as provided herein (collectively, “MILRA’s Contribution”). If the MILRA Due Diligence Contribution will be made by MILRA via MILRA’s contracting for professional services or grants for in-kind services (as opposed to a cash payment to Developer), XXXXX agrees to consult with Developer regarding the nature of such services and due diligence activities before contracting for them. Developer acknowledges and agrees that any monetary contributions by XXXXX may come from grants or other public monies that XXXXX is able to obtain, and not necessarily solely from XXXXX’s own funds. has set out the value allocated for each Parcel (including the improvements situated thereon) on the schedule of values attached hereto as Exhibit “G”. MILRA shall not be required to contribute any Parcel to effect development thereof by executing a Ground Lease with respect thereto unless and until the Closing of any Developer’s Equity and Financing with respect to such Parcel for a Project Area, on terms and conditions reasonably acceptable to MILRA, and subject to the full execution and delivery by the Parties of the Project Area Development Agreement for such Project Area.
Sample 1
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Related to MILRA’s Contribution

  • 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.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • 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 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.

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

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • 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.

  • 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.

  • 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.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

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