SEMOUNT specific contribution of Parties Sample Clauses

SEMOUNT specific contribution of Parties. All Parties will actively collaborate to determine the applications scenarios and boundary conditions and to compile the necessary specifications for the design of the SGD monitoring equipment. CAU will lead the customisation of Radon sensors for mobile underwater applications and their evaluation, in subsequent field tests. XXX will assist with the hardware adaptation and experimental field work. The two SME partners (EVO and NOA) will focus on Industrial Research and jointly conduct the Experimental Development of the remote sensing technology. EVO will be the main responsible for the design and testing of the whole underwater monitoring system, including sensor integration, design and manufacturing of the ROV and AUV carrier platforms, autonomous bottom stations and surface control units plus software development for the entire underwater navigation, communication and monitoring network system (iSMN‐A setup). NOA will be main responsible for the design and development of the unique squid drive system module to be integrated in the SEAMOUNT ROV and AUV. The bidirectional know-how and technology transfer will result in mutual benefits related to the mutual exploitation of final results (foreground) as well as developing the approved concept further beyond the project. The technology to be developed has been conceived to serve the research needs of the scientific partners. For this reason, scientific partners will actively participate in several steps of the design process and in the testing of the technology on the sea. Particularly IOW and MIG will assist with the technology development by providing expertise, consultancy as well as equipment and logistics, helping with evaluation, etc. Both institutions are interested in SGD studies and have a vital interest the forthcoming of the RTD as potential end-users. The remaining scientific partners will also provide input, share practical experiences, evaluate drafts and developments, and they will apply the technology to perform periodic test-missions with pilot data collection, case studies completed with data processing and modeling to close the value chain. The SGD field surveys will be combined with complementary studies on the geological characteristics and seabed morphology in the relevant coastal catchments. Thus, the work of the scientific partners will be focused on comprehensive Fundamental Research, whereby CAU, GEUS, IOW, GTK and MIG will actively collaborate to make the scientific results availab...
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  • How Do I Correct an Excess Contribution? If you make a contribution in excess of your allowable maximum, you may correct the excess contribution and avoid the 6% penalty tax for that year by withdrawing the excess contribution and its earnings on or before the date, including extensions, for filing your tax return for the tax year for which the contribution was made (generally October 15th). Any earnings on the withdrawn excess contribution may also be subject to the 10% early distribution penalty tax if you are under age 59½. In addition, although you will still owe penalty taxes for one or more years, excess contributions may be withdrawn after the time for filing your tax return. Excess contributions for one year may be carried forward and applied against the contribution limitation in succeeding years. An individual who is partially or entirely ineligible to make contributions to a Xxxx XXX may transfer amounts of up to the yearly contribution limits to a non-deductible Traditional IRA (subject to reduction for amounts remaining in the Xxxx XXX plus other Traditional IRA contributions).

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • Unbundled Subloop Distribution (USLD) 2.8.2.1 The USLD facility is a dedicated transmission facility that BellSouth provides from an End User’s point of demarcation to a BellSouth cross-connect device. The BellSouth cross-connect device may be located within a remote terminal (RT) or a stand-alone cross-box in the field or in the equipment room of a building. The USLD media is a copper twisted pair that can be provisioned as a 2-wire or 4-wire facility. BellSouth will make available the following subloop distribution offerings where facilities exist: USLD – Voice Grade (USLD-VG) Unbundled Copper Subloop (UCSL) USLD – Intrabuilding Network Cable (USLD-INC (aka riser cable))

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

  • Contribution Rates ‌ The Employer's contribution rate to the pension fund shall be 8% of each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings 6% and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

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