Sufficiency of Contribution Sample Clauses

Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Chevron Disclosure Schedule, as of the Closing, Chevron holds, and shall transfer and convey to the Company at Closing, all right, title and interest of Chevron and its Affiliates to all properties, rights, assets and Liabilities (other than the Chevron Excluded Assets and the Chevron Excluded Liabilities) of the chemicals businesses of Chevron and its Affiliates as conducted as of the date of this Agreement and as of the Closing.
Sample 1Sample 2Sample 3
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Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Phillips Disclosure Schedule, the PGC Subsidiaries collectively hold xxx xxxxt, title and interest of Phillips and its Affiliates in and to all properties, rights, assets xxx xxxxilities (other than the Phillips Excluded Assets and Liabilities) used by Phillips and its Afxxxxxxxx in conducting their midstream natural gas xxxxxxxng, processing and marketing operations in the continental United States and Canada as of the date of this Agreement.
Sample 1
Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Duke Disclosure Schedule, the DEFS Subsidiaries (excluding any Duke Excluded Assets and Liabilities but including the contract referred to in Section 5.10(e)) collectively hold all right, title and interest of Duke and its Affiliates, in and to all properties, rights, assets and liabilities (other than the Duke Excluded Assets and Liabilities) used (i) by Duke in conducting its midstream natural gas gathering and processing operations in the continental United States and Canada as of the date of this Agreement and (ii) by DEFS Subsidiaries in conducting its natural gas marketing operations as of the date of this Agreement.
Sample 1
Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Xxxxxxxx Disclosure Schedule, as of the Closing, Xxxxxxxx holds, and shall transfer and convey to the Company at Closing, all right, title and interest of Xxxxxxxx and its Affiliates to all properties, rights, assets and Liabilities (other than the Xxxxxxxx Excluded Assets and the Xxxxxxxx Excluded Liabilities) of the chemicals businesses of Xxxxxxxx and its Affiliates as conducted as of the date of this Agreement and as of the Closing.
Sample 1
Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Philxxxx Xxxclosure Schedule, as of the Closing, Philxxxx xxxds, and shall transfer and convey to the Company at Closing, all right, title and interest of Philxxxx xxx its Affiliates to all properties, rights, assets and Liabilities (other than the Philxxxx Xxxluded Assets and the Philxxxx Xxxluded Liabilities) of the chemicals businesses of Philxxxx xxx its Affiliates as conducted as of the date of this Agreement and as of the Closing.
Sample 1
Sufficiency of Contribution. Except as disclosed elsewhere in this Agreement or in the Phillips Disclosure Schedule, xx xx the Closing, Phillips holds, and shall tranxxxx xxx convey to the Company at Closing, all right, title and interest of Phillips and its Affiliates to xxx xxoperties, rights, assets and Liabilities (other than the Phillips Excluded Assets and xxx Xxillips Excluded Liabilities) xx xxx chemicals businesses of Phillips and its Affiliates as xxxxxxxed as of the date of this Agreement and as of the Closing.
Sample 1
Sufficiency of Contribution. The Empress System Business to be conveyed to Duke Transferee on the Applicable Closing Date by the Asset Conveyance Documents delivered at that time will constitute all property, rights and assets that are necessary for Duke Transferee to continue the operation of the Empress System Business after the Applicable Closing Date on substantially the same basis as the Empress System Business is presently being operated by COP, ES Transferor, PTC and their respective Affiliates.
Sample 1
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Related to Sufficiency of Contribution

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • 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.

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

  • 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.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Form of Contribution The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, additional contributions in the same proportion shall be made by each member, except as may be approved by all member(s). A capital account shall be maintained for each member, to which contributions and profits shall be credited and against which distributions and losses shall be charged. At any time that there is more than one member, capital accounts shall be maintained in accordance with the tax accounting principles prescribed by the Treasury Regulations promulgated under Code Section 704 (the "Allocation Regulations"), so that the tax allocations provided in this Agreement shall, to the extent possible, have "substantial economic effect" within the meaning of the Allocation Regulations, or, if such allocations cannot have substantial economic effect, so that they may be deemed to be "in accordance with the member(s') interests in the Company" within the meaning of the Allocation Regulations.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • 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.

  • 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.

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