THE CONTRIBUTIONS, PURCHASES AND SALES Sample Clauses

THE CONTRIBUTIONS, PURCHASES AND SALES. On the Closing Date, the Parties agree that the following transactions shall be completed in the order set forth below.
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THE CONTRIBUTIONS, PURCHASES AND SALES. Purchase and Sale of 30% Interest in Seadrill Xxx and Seadrill Ghana 9 Section 2.2 Contribution of 70% Interest in Seadrill Xxx and Seadrill Ghana 9
THE CONTRIBUTIONS, PURCHASES AND SALES. On the Closing Date, the Parties agree that the following transactions shall be completed in the order set forth below. Section 2.1 Purchase and Sale of 30% Interest in Seadrill Xxx and Seadrill Ghana. Seadrill shall sell and transfer to the Company, and the Company shall purchase from Seadrill, a 30% ownership interest in each of Seadrill Xxx and Seadrill Ghana, in exchange for $229.35 million in cash (the “Xxxx Xxx Purchase Price”).
THE CONTRIBUTIONS, PURCHASES AND SALES. Issuance of Capricorn Holdings Units to the Company in Exchange for Cash 6 Section 2.2 Issuance of Capricorn Holdings Units to Seadrill in Exchange for Cash 6 Section 2.3 Purchase and Sale of 100% Interest in Seadrill Gulf Auriga 6 Section 2.4 Purchase and Sale of 100% Interest in Seadrill Auriga Hungary 7 Section 2.5 Closing 7 Section 2.6 Purchase Price Adjustment 7 Section 2.7 Satisfaction of Intercompany Receivables 7 Section 2.8 Set-Off 7
THE CONTRIBUTIONS, PURCHASES AND SALES. Issuance of Capricorn Holdings Units to the Company in Exchange for Cash 6 Section 2.2 Issuance of Capricorn Holdings Units to Seadrill in Exchange for Cash 6 Section 2.3 Purchase and Sale of 100% Interest in Seadrill Gulf Xxxx 6 Section 2.4 Purchase and Sale of 100% Interest in Seadrill Xxxx Hungary 6 Section 2.5 Transfer of West Xxxx Acquisition Receivable 6 Section 2.6 Closing 6 Section 2.7 Working Capital Purchase Price Adjustment 6 Section 2.8 Satisfaction of Intercompany Receivables 6 Section 2.9 Set-Off 6 Section 2.10 Withholding Taxes 6 Section 2.11 West Xxxx BOP Charges 6 Section 3.1 Representations and Warranties 8

Related to THE CONTRIBUTIONS, PURCHASES AND SALES

  • 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.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

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

  • 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.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Other Contributions 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>

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

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