Recipient's Contributions and Other Contributions Sample Clauses

Recipient's Contributions and Other Contributions. It is a condition precedent to a payment of the Funds under this Agreement that: the Recipient must provide the Recipient’s Contributions referable to the payment; if requested by the Department, the Recipient must provide the Department with written evidence that the persons specified in a Research Plan will provide the Other Contributions, including the amounts to be provided, the due dates for each of these amounts and the terms and conditions of the provision of the Other Contributions; and the basis on which the Other Contributions are to be provided is satisfactory to the Department. The Recipient must ensure that the terms on which any other funding or contributions are provided to the Recipient for, or in connection with, the Activity are not inconsistent with the terms of this Agreement and do not in any way limit or affect the Recipient's ability to comply strictly with its obligations, or the Department’s ability to exercise its rights, under this Agreement. The Recipient must promptly notify the Department if the total value of the Recipient's Contributions or Other Contributions reduces, or if such a reduction is anticipated. If: the Department receives notice under clause 7.1(c); the Recipient does not provide the Recipient’s Contributions or provide them in time to enable completion of the Activity; or the Recipient is not able to obtain the Other Contributions or obtain them in time to enable completion of the Activity, then the Department may, in its absolute discretion: suspend payment of the Funds or an instalment of the Funds until the Recipient’s Contributions are provided or the Other Contributions are received; reduce the amount of the Funds, adopting the formula in clause 7.1(e), where R = the reduced amount; or terminate this Agreement in accordance with clause 19.1. If, on expiry of the Agreement or any earlier termination of this Agreement, the Recipient’s Contributions and / or the Other Contributions have not been provided in full, the Department may (without limiting its rights) require the Recipient to refund to the Department within 20 Business Days of a written notice from the Department, an amount of Funds calculated in accordance with the following formula: R = OC – AC Where: R = The refund amount; AC = The total aggregate amount of contributions actually made as Recipient’s Contributions and / or Other Contributions for the Activity pursuant to this Agreement; and OC = The total aggregate amount of the Recipient’s Contri...
Sample 1
AutoNDA by SimpleDocs
Recipient's Contributions and Other Contributions. This Item is a mandatory requirement for the Recipient to perform. The Recipient’s failure to provide Recipient's Contributions and to procure Other Contributions will be regarded as a fundamental breach of this Agreement. The minimum Recipient's Contributions and Other Contributions is calculated at one hundred (100) percent of the funds (exclusive of GST) paid by the Department under this Agreement. Recipient's Contributions and Other Contributions must be detailed in the: Research Plans;
Sample 1
Recipient's Contributions and Other Contributions. (a) It is a condition precedent to a payment of the Funds under this Agreement that:
Sample 1
Recipient's Contributions and Other Contributions. (a) This Item is a mandatory requirement for the Recipient to perform. The Recipient’s failure to provide Recipient's Contributions and to procure Other Contributions will be regarded as a fundamental breach of this Agreement.
Sample 1

Related to Recipient's Contributions and Other Contributions

  • Other Contributions ST1.1 In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

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

  • 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.

  • Annual Contributions □ Check enclosed in the amount of $ representing current contribution for tax year 20 . This contribution does not exceed the maximum permitted amount for the year of contribution as described in the Xxxx XXX Disclosure Statement. If no tax year is indicated, contribution will automatically apply to current year.

  • Employee Contributions (a) Each participant shall be allowed to contribute on a bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • 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.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!