Trust Contribution definition

Trust Contribution. Means (a) tranches of the Award Amount paid by the Trust to PTC and (b) in the event a Milestone has been completed but PTC (i) has failed to submit a Milestone Report or request payment of the next tranche of the Award Amount, or (ii) is otherwise in breach of the Agreement and such breach would give rise to a termination right on the part of the Trust pursuant to Clause 20.2 or 20.3, those tranches of the Award Amount that would have been payable by the Trust to PTC but for PTC’s omission or breach;
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Trust Contribution is defined in Section 6.12.
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Trust Contribution shall have the meaning specified in Section 5.1.
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Examples of Trust Contribution in a sentence

  • Congoleum shall be obligated to repay ABI for the Additional Plan Trust Contribution, which repayment obligation shall be evidenced by a promissory note substantially similar in form and content to the Promissory Note with any amount paid by ABI with regard to the Additional Plan Trust Contribution constituting principal that shall be treated in substantially the same manner as the Original Principal Amount is treated under the Promissory Note.

  • Congoleum will be obligated to repay ABI for the Additional Plan Trust Contribution, which repayment obligation will be evidenced by a promissory note substantially similar in form and content to the Promissory Note with any amount paid by ABI with regard to the Additional Plan Trust Contribution constituting principal that will be treated in substantially the same manner as the Original Principal Amount is treated under the Promissory Note.

  • On the Effective Date, Congoleum will contribute the Additional Plan Trust Contribution to the Plan Trust, which consists of (i) 50% of the amount of accrued and unpaid interest from the Petition Date through and including the Effective Date on the Senior Notes, which, if the Effective Date occurs on December 31, 2006, will total approximately $15 million and (ii) $7.3 million in Cash.

  • On the Supporting Lender Transaction Effective Date or as soon as reasonably practicable thereafter and provided that the Global Settlement Term Sheet remains in full force and effect and has not been terminated, the Vatera GUC Trust Contribution Amount will be transferred to the GUC Trust.

  • Xxxxxxxx Title: Executive Vice President and Chief Financial Officer EXHIBIT A Partners, Capital Contributions and Percentage Interests As of June 29, 2019 Name and Address of Partners Partnership Units Percentage Interest General Partner Americold Realty Trust Contribution pursuant to Americold Contribution Agreement 189,718,115 99% Limited Partner Americold Realty Operations, Inc.

  • First enrolment of a subject in a Phase 1 Clinical Trial of a Product: 0.15x the Trust Contribution.

  • The Trust acknowledges receipt of the property now or hereafter transferred to the Trust pursuant to the Charter Preferred Trust Contribution Agreement, including all the beneficial interests represented by shares in the Origination Trust now owned by Charter, which shall constitute the Trust Property.

  • The Trust will not, and will not permit any of its Subsidiaries to engage in any Affiliate Transactions, other than (i) Permitted Affiliate Transactions, (ii) pursuant to the Charter Preferred Trust Contribution Agreement and (iii) Affiliate Transactions on terms that are no less favorable to the Trust or such Subsidiary, as the case may be, than could reasonably be obtained at such time in a comparable transaction on an arm's-length basis from an unaffiliated third party.

  • The Liquidation Trust Assets shall include the following: (i) the Causes of Action and Estate Litigation; (ii) the Liquidation Trust Proceeds; (iii) the Liquidation Trust Contribution (as defined in section 1.54, above); and (iv) all remaining Assets not sold to Purchaser pursuant to the Sale Order or assigned to Laurus pursuant to Article 7 of the Reorganization Plan.

  • The following shall occur at or before the Effective Date, and shall be effective as of the Effective Date, provided that Laurus actually funds the Liquidation Trust Contribution and the other payments provided for in Section 5.1.2.


More Definitions of Trust Contribution

Trust Contribution is defined in Section 13 of the Ground Lessee Limited Liability Company Agreement.
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Related to Trust Contribution

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan (including this Plan) or individual retirement account in accordance with Section 4.6 are allocated.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Payments in lieu of contributions means the money payments to

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.