Project Contribution means a contribution to the Project (whether money, Assets, Personnel, facilities or services but not including IPR) to be contributed by a Party to the Project as set out in Item 2 of the Project Plan and detailed in the Project Budget.
Project Contribution means a contribution to the cost of the Transmission Project to be made by or on behalf of a Participant (i) pursuant to Section 3.02 in response to a cash call, (ii) pursuant to any agreement or understanding among the Participants to make such contributions in the event of the default of one or more other Participants hereunder or (iii) with respect to Additional
Project Contribution shall not include any interest payable pursuant to Section 3.05 or insurance proceeds remitted to IID pursuant to Section 2.08(b), and in computing the total amount of Project Contributions made by a Participant a deduction shall be made for any amounts received by such Participant from Additional Participants which become such before the Completion Date, pursuant to Section 8.02 (as modified by Section 8.09).
Examples of Project Contribution in a sentence
On the terms of and subject to the conditions set forth in this Agreement, Old Lyme Shores and Old Colony agree to reimburse Miami Beach for the Costs related to the Operation and Maintenance attributable to each such Association based upon the flow apportionment data for the prior Operations Year as prepared by an independent consultant (each an “O&M Contribution”, and collectively with a Project Contribution, a “Contribution”).
More Definitions of Project Contribution
Project Contribution has the meaning set forth in Section 2(d)(i).
Project Contribution means the cumulative net cash flow in respect of the closing of home sales, construction and operating activities (including sales and marketing) relating to the CantaMia Property (“Net Cash Flow”), without taking into account any Land Development Expenditures, for the period commencing on October 1, 2010 (the “Commencement Date”) and ending on the Milestone Date. For the purposes of this Agreement, Net Cash Flow will be determined in accordance with GAAP, subject to the following paragraph, and based on the general categories reflected on the model attached as Exhibit B hereto, it being acknowledged and agreed that the categories listed on Exhibit B are intended to be an illustrative and not a comprehensive list of such general categories, subject to adjustments to: (1) exclude expenditures relating to the construction of homes on the CantaMia Property, the sale of which is not closed prior to the Milestone Date, (2) include any amounts paid or accrued after the Milestone Date and relating to closing of home sales on the CantaMia Property which closings occurred prior to the Milestone Date, and (3) be reduced by an additional amount equal to one percent of the gross revenue relating to closed home sales with unexpired warranties as of the Milestone Date (which amount shall include the amounts in respect of the base home price, and any premiums and options, less any incentives paid), as warranty and other reserves for home sales on the CantaMia Property closed prior to the Milestone Date. For the purpose of calculating the cash outflows included in Net Cash Flow, selling, general and administrative expenses (“SG&A”) included in the calculation shall: (a) include the direct expenditures or costs, as set forth on Exhibit C-1, associated with the sales of homes on the CantaMia Property that are closed prior to the Milestone Date, (b) include all of the divisional SG&A directly allocable to the CantaMia Property as set forth in Exhibit C-2A, following the Commencement Date but prior to the Milestone Date, and (c) include an allocation of the other components of divisional SG&A, as set forth in Exhibit C-2B, from the homebuilding operations of the Arizona Operations following the Commencement Date but prior to the Milestone Date, multiplied (in the case of clause (c) only) by a fraction the numerator of which is the number of actual closings prior to the Milestone Date relating to the CantaMia Property and the denominator of which is the total number of closing...
Project Contribution shall have the meaning given to such term in Section 2.1(b) hereof.
Project Contribution. The amount described in Section 4.1(c)(i).
Project Contribution means a financial aid towards the costs of a single, localised and temporary undertaking;
Project Contribution means a financial aid towards the costs of a single, localized and temporary undertaking;
Project Contribution means the Project Resources to be contributed by the Researcher(s) and includes both the Initial Project Contribution and any Further Project Contribution as the context requires.