Subsequent Contributions, Sales and Transfers Sample Clauses

Subsequent Contributions, Sales and Transfers. On December 28, 1995, April 1, 1996, June 10, 1996, August 1, 1996 and October 1, 1996 (the "Subsequent Closing Dates"), Trans Leasing made capital contributions to TLFC of certain of the Contributed Assets and sold certain of the Purchased Assets to TLFC for a purchase price of $18,001,338, $30,033,803, $18,195,640, $30,290,594 and $15,615,668, respectively (the "Subsequent Purchase Prices"), in cash, and certain Assets described below. In each case, Trans Leasing delivered to TLFC an executed assignment with respect thereto. Except for the obligations of Trans Leasing pursuant to Section 3.03, the contributions of such Contributed Assets and the sales of such Purchased Assets were made without recourse to Trans Leasing. In addition, on the Subsequent Closing Dates, TLFC transferred to Trans Leasing certain Assets which theretofore constituted Contributed Assets and Purchased Assets, and, in each case, TLFC executed an assignment with respect thereto.
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Subsequent Contributions, Sales and Transfers. On June 19, 1995, and August 8, 1995 (the "Subsequent Closing Dates"), Trans Leasing made capital contributions to TLFC of certain of the Contributed Assets and sold certain of the Purchased Assets to TLFC for a purchase price of $15,375,000 and $16,000,000, respectively, in cash, and certain Assets described below. In each case, Trans Leasing delivered to TLFC an executed assignment with respect thereto. Except for the obligations of Trans Leasing pursuant to Section 3.03, the contributions of such Contributed Assets and the sales of such Purchased Assets were made without recourse to Trans Leasing. In addition, on the Subsequent Closing Dates, TLFC transferred to Trans Leasing certain Assets which theretofore constituted Contributed Assets and Purchased Assets, and, in each case, TLFC executed an assignment with respect thereto.

Related to Subsequent Contributions, Sales and Transfers

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • Initial Contributions In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10.10 for an interest in the Partnership and was admitted as the general partner of the Partnership, and the Initial Limited Partner made an initial Capital Contribution to the Partnership in the amount of $989.90 for an interest in the Partnership and was admitted as a limited partner of the Partnership.

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Contributions by Initial Limited Partners (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.

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