Xxxxxxx Contribution. The Member shall not be obligated to make any capital contributions to the Company but may, in its sole discretion, make capital contributions to the Company from time to time. Any and all capital contributions to the Company may be made by the Member in the form of cash or other assets.
Xxxxxxx Contribution. The parties hereto acknowledge and agree that Xx. Xxxxxx (i) prior to the Closing, may contribute his interests in the Five Point Venture or Newhall Land, whether in the form of Five Point LP Interests, Five Point Shares, Newhall Land Units or otherwise, and (ii) following the Closing, may contribute his interests in the Company and its Subsidiaries, whether in the form of Class A Common Shares, Class B Common Shares, Five Point LP Class B Interests or otherwise, in each case, to one or more wholly owned entities in one or more contributions, and that upon any such contribution, the recipient of such interests shall be (a) obligated to become a party to the Voting and Standstill Agreement, and (b) entitled to become party to such agreements and other documents, including the Registration Rights Agreement and the Tax Receivable Agreement, and to otherwise have such rights and benefits as are provided to Xx. Xxxxxx in connection with this Agreement and the transactions contemplated hereby; provided, that no such assignment shall relieve Xx. Xxxxxx of his obligations hereunder.
Xxxxxxx Contribution. Producer agrees to be bound by the Trust Indenture dated, 10/2/59, as amended from time to time, providing for contributions to the AFM and Employers’ Pension Fund, and further agrees to contribute to such fund on behalf of the musicians engaged by the employer an amount equal to 8.8% of the scale wages earned by said musicians, inclusive of all amounts required by the Fund’s Rehabilitation Plan. 9.09% of the total contribution amount will not be considered when calculating future benefit payments to the fund. April 5, 2022 L. Health and Welfare payments of $30.54 per day will apply to each session musician and sideline musician. Producer shall make such payments on their behalf to the health and welfare fund of the Local in whose jurisdiction the work is being performed. Pro- ducer payments on behalf of Music Preparation musicians shall be computed and paid based upon the then current formula for Low Budget Films in Paragraph 63 of the Basic Theatrical Motion Picture Agreement. With respect to musicians who are members of Federation Locals 47 (Los Angeles), 802 (New York), and any other Local which hereafter establishes a Health and Welfare Plan and notifies Industry, Health and Welfare payments for musicians rendering services under this Agreement shall be sent to the plan designated by the local union in which the individual musician is a member, regardless of the place where the musician performed the services. In such case, such payment shall be expressly contingent on the infor- mation set forth on the B Report Form as to the member’s local affiliation.
Xxxxxxx Contribution. Lessor agrees to reimburse Lessee for the cost of construction of Lessee’s Work; provided, however, Lessor’s reimbursement obligation (the “Construction Allowance”) shall in no event exceed the sum of $8,000.00. Lessor’s payment of the Construction Allowance shall be due in its entirety within thirty (30) days following completion of Lessee’s Work provided that Lessee has provided Lessor (i) a copy of Lessee’s Certificate of Occupancy, (ii) a Release of Lien from the General Contractor, and (iii) a copy of the certificate(s) evidencing the existence and amounts of the insurance required under Paragraphs 8.2(a) and 8.4 of the Lease. Exhibit 6.5 Date: November 21, 2008 Client: Cross Cart Xxxxxxx X. Xxxxxxxx Project Address: 00000 Xxxxxxxxx Xx. Xxx Xxxxxxx, XX
Xxxxxxx Contribution. XXXXXX shall not be required to make any cash contribution to the capital of the Partnership, but XXXXXX agrees to contribute its best efforts in the form of its professional services reasonably necessary for the planning and development of the project, and through consultation with the realtors, engineers and architects as necessary during construction of the proposed office and commercial building, and any other property development of the property. The sole contribution of XXXXXX shall be in the form of its services to the Partnership, and the Partnership shall not be responsible for payment to XXXXXX for any such services. The general scope of such services required by XXXXXX, without further compensation, shall be all those services listed above which are reasonably necessary in order to accomplish the purposes of this Agreement. Notwith- standing anything herein provided to the contrary, XXXXXX will not act as the general contractor with respect to the development of the Partnership real property. C. OUT-OF-POCKET EXPENSES. Except as provided in Paragraphs 5.A. and 5.B., neither Partner shall be entitled to reimbursement for actual out-of- pocket expenses for its own personnel, who work on the Project, which costs shall be borne by each Partner individually. Each Partner shall pay all salaries and other expenses of its own operations as part of its own unreimbursed contribution. D. INDIVIDUAL CAPITAL ACCOUNTS. Individual capital accounts shall be maintained for each Partner to which shall be credited, or from which shall be deducted, a Partner's capital contributions and withdrawals, as the case may be. 6.
Xxxxxxx Contribution. The total amount of money and the agreed upon fair market value of property contributed to the Company by a Member on the date of contribution, net of liabilities secured by that contributed property that the Company is considered to assume or to be subject to under Section 752 of the Code.
Xxxxxxx Contribution. XxXxxx, Inc., on behalf of XxXxxx as a capital contribution to the Company and on behalf of the Company as a capital contribution to the appropriate Sub, hereby grants, contributes, bargains, sells, conveys, assigns, transfers, sets over and delivers to
Xxxxxxx Contribution. 2.1.The INVESTOR grants investment under the procedure (§6) of the Present Agreement to the PARTNER for Re-Distribution and Financing of future’s projects.
Xxxxxxx Contribution
