Operations While FGMI Is Making Its Initial Contribution Sample Clauses

Operations While FGMI Is Making Its Initial Contribution. Presentation of Programs and Budgets
Sample 1
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Operations While FGMI Is Making Its Initial Contribution. Until FGMI has fulfilled its Initial Contribution, FGMI shall have the sole right to determine the nature, timing, scope, extent, and method of all Operations without any obligation to hold meetings of the Management Committee, to prepare Programs and Budgets for review, comment or approval by XXXXX, or to obtain the approval or consent of XXXXX or the Management Committee. In conducting such Operations, FGMI shall be entitled, but shall not be obligated, to exercise any of the applicable powers of the Manager in Section 8.02, except that until FGMI has completed its Initial Contribution it shall not be entitled or required to perform the activities described in Section 8.02(g) or Section 8.02(i) that would otherwise require consent of the Management Committee or XXXXX. Prior to completion of its Initial Contribution, FGMI, in lieu of any reporting requirements under this Agreement, shall do the following: (i) on a calendar quarter basis, keep XXXXX generally informed concerning all material Operations and other material activities affecting the Area of Interest or Properties; (ii) within two (2) months after the last day of each calendar year, furnish to XXXXX a reasonably detailed written report of all Operations conducted on or for the benefit of the Area of Interest or the Properties during said calendar year; (iii) make available for inspection and copying by XXXXX all factual and interpretive reports, studies, and analyses concerning the Area of Interest or Properties, and make all core and other samples available for inspection by XXXXX; (iv) on or before a date three (3) months after the last day of each calendar year submit to XXXXX a statement of Qualifying Expenses incurred during the preceding calendar year. FGMI makes no representation or warranty, express or implied, as to the accuracy or AGREEMENT-Page 28 completeness of the data and information provided to XXXXX in accordance with (i) through (iii) above.
Sample 1

Related to Operations While FGMI Is Making Its Initial Contribution

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

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

  • FINANCIAL CONTRIBUTIONS (§5.d): Owner shall use reasonable efforts to seek contributions and grants from Capital Metro Transit Authority (CMTA) and Xxxxxx County.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2022-23, and as estimated costs for fiscal year 2024-25 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2024, for further allocation to federal grants and contracts performed by the respective county departments.

  • Initial Contribution of Trust Property; Organizational Expenses The Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of any Trustee, promptly reimburse such Trustee for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • 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.

  • Living Away From Home Allowance When Employees are to be engaged on a Project requiring them to live away from home, the provisions of Appendix I will apply in determining their entitlement and the conditions whilst they are living away from home.

  • Financial contribution 1. The Union shall pay Seychelles a financial contribution in accordance with the terms and conditions laid down in the implementing Protocol to this Agreement. That contribution shall consist of two related elements, namely: (a) access to the Seychelles fishing zone and fisheries resources, without prejudice to the access costs borne by the ship- owners; and (b) Union's financial support for reinforcing responsible fishing policy and the sustainable exploitation of fisheries resources in Seychelles' waters. 2. The component of the financial contribution for the sectoral support referred to in point (b) of paragraph 1 shall be independent of the payments regarding access costs and shall be determined and managed in the light of the objectives identified by mutual consent between the Parties in accordance with the implementing Protocol to this Agreement, to be achieved in the context of the sectoral fisheries policy of Seychelles and the annual and multi-annual programme for its implementation. 3. The financial contribution granted by the Union shall be paid each year in accordance with the implementing Protocol to this Agreement and subject to this Agreement: (a) the amount of the contribution referred to in point (a) of paragraph 1 may be revised by the Joint Committee in respect of: (i) exceptional circumstances, other than natural phenomena, preventing fishing activities in the Seychelles fishing zone; (ii) a reduction in the fishing opportunities granted to Union vessels, made by mutual agreement between the Parties for the purposes of managing the stocks concerned, where this is considered necessary for the conservation and sustainable exploitation of resources on the basis of the best available scientific advice; (iii) an increase in the fishing opportunities granted to Union vessels, made by mutual agreement between the Parties where the best available scientific advice concurs that the state of resources so permits; (b) the amount of the contribution referred to in point (b) of paragraph 1 may be revised as a result of a reassessment of the terms of the financial contribution for implementing the sectoral fisheries policy of Seychelles, where this is warranted by the specific results of the annual and multiannual programming observed by both Parties; (c) the contribution referred to in paragraph 1 may be suspended as a result of the application of Article 16 or 17 of this Agreement.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

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