Special Contribution Sample Clauses

Special Contribution a levy on the owner of a lot fixed by the Body Corporate, in accordance with the Regulation Module, where a liability arises for which no provision, or inadequate provision has been made in the Body Corporate's budget.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Special Contribution. 1. In accordance with the Decision of the Council determining the special contribution of Ireland approved during the 147th Council meeting held on 05-06.06.2018, adopted pursuant to Article VII (3) of the Convention, Ireland shall pay in cash to the Organisation a special contribution of €14,660,000 (in words: Fourteen Million Six Hundred Sixty Thousand Euros) in 2018 prices in total. This amount is firm and not subject to revision. 2. The special contribution amount shall be paid by Ireland to the Organisation in eleven instalments as set out below in Table 1: Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 M Euro 0.25 1.441 1.441 1.441 1.441 1.441 1.441 1.441 1.441 1.441 1.441 3. At the time of an invoice being issued by the Organisation the yearly instalments are subject to yearly indexation with respect to 2018, using the Organisation’s cost- variation index updated annually and approved by the Council. 4. Table 1 assumes that the year of accession to the Convention is 2018. If the accession to the Convention takes place later than 2018, any indexed instalment from earlier year(s) shall be paid in the year of accession to the Convention. 5. For 0000 Xxxxxxx shall pay the yearly instalment within 30 natural days from the receipt of the invoice issued by the Organisation after the date of accession to the Convention. 6. For 2019 and subsequent years, Ireland shall pay the indexed yearly instalments as specified in Table 1 in paragraph 1 above within 30 natural days from the receipt of the invoice issued by the Organisation. 7. In the event of late payment, the Organisation shall charge Ireland with interest. The interest to be charged shall be calculated on that portion of Ireland’s contribution which has not been paid within 90 days of the due date, as defined accordingly in paragraph 3 or 4 above. The interest rate used shall be the EURIBOR 3 months plus 1 percentage point. The Organisation shall inform Ireland of the interest due when making the call for the subsequent contributions. The modalities for payment of the interest will be defined on a case by case basis in consultation with Ireland. 8. Ireland shall be entitled to make early payments of some or all the yearly instalments in case this would be useful for Ireland. In such a case a new schedule of payments of the yearly instalments shall be agreed between Ireland and the Organisation.
Sample 1
Special Contribution. PREPA will deduct and withhold a Special Contribution to EY the equivalent of one point five percent (1.5%) from payment for services under this Contract, in compliance with Article 1, Law No. 48-2013. Notwithstanding, advertising spots, reimbursable expenses and the cost of equipment or materials are excluded.
Sample 1
Special Contribution. PREPA will deduct and withhold a Special Contribution to the Consultant, the equivalent of one point five percent (1.5%) from payment for services under this Contract, in compliance with Article 1, Law No. 48-2013. Notwithstanding, advertising spots, reimbursable expenses and the cost of equipment or materials are excluded.
Sample 1
Special Contribution. PREPA will deduct and withhold a Special Contribution to MAI the of one point five from payment for services under this Contract, in compliance with Article 1, Law No. 48-2013. Notwithstanding, advertising spots, reimbursable expenses and the cost of equipment or materials are
Sample 1
Special Contribution. 1.1 The Offeror will procure that Xxxx Xxxxx or another member of the Group makes to the Plan a special contribution of £1m in cash within 30 days of the Effective Date. 1.2 The Trustee agrees that the Plan’s schedule of contributions for the purposes of section 227 of the Pensions Xxx 0000 will, to the extent necessary, be amended to reflect the terms of Clause 1.1.
Sample 1
Special Contribution. With this agreement, the Investor in Category B shares makes the Contribution in cash available to the Company, in a lump sum, expiring on the date of signing of this agreement. The value of the Contribution represents the total gross value, subject to any withholding taxes. The contribution, although forming part of the company’s assets and therefore of the venture capital of the company, will not form part of the nominal share capital of the Company and will have to be accounted for in the liability account of the Company and will be recorded in accordance with Portuguese accounting rules and the international standards (hybrid underwriting instruments);
Sample 1
AutoNDA by SimpleDocs

Related to Special Contribution

  • 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.

  • 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.

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

  • Mutual Contribution The parties to this Agreement and their counsel have mutually contributed to its drafting. Consequently, no provision of this Agreement shall be construed against any party on the ground that a party drafted the provision or caused it to be drafted.

  • 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.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • 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.

  • 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.

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