Additional Sales and Contributions Sample Clauses

Additional Sales and Contributions. From time to time after the date hereof, TLFC may request to purchase additional assets from Trans Leasing. If Trans Leasing so agrees to sell any additional assets, the purchase price thereof shall be an amount agreed to by Trans Leasing and TLFC, which price shall represent reasonably equivalent value therefor and shall be no less than the fair market value of such assets as then determined, including consideration of then current interest rates. From time to time after the date hereof, in connection with a sale of Additional Assets or otherwise, Trans Leasing may contribute to TLFC as an additional contribution to the equity of TLFC, Additional Assets. The date on which any such sale or contribution of any Additional Assets to TLFC takes place is herein referred to as an "Addition Date". The purchase price for any Additional Assets to be purchased by TLFC will be payable by TLFC on the related Addition Date in cash. On each Addition Date, Trans Leasing will deliver to TLFC an executed assignment substantially in the form of Exhibit C attached hereto together with a schedule identifying each Additional Lease included in the Additional Assets (an "Additional Lease Schedule"). Except for the obligations of Trans Leasing pursuant to Section 3.03, the sale and contribution of the Additional Assets will be without recourse to Trans Leasing.
Sample 1
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Additional Sales and Contributions. From time to time after the date hereof, AFG Credit may request to purchase additional assets from AFG, and AFG may agree to so sell, assign, transfer and convey such additional assets. From time to time after the date hereof, in connection with a sale of Additional Assets or otherwise, AFG may contribute to AFG Credit as a contribution to capital, Additional Assets. The date on which any such sale or contribution of any Additional Assets to be purchased by AFG Credit takes place is herein referred to as an "Addition Date". On each Addition Date, AFG will deliver to AFG Credit an executed assignment substantially in the form of Exhibit B. Except for the obligations of AFG pursuant to Section 4.3, the sale and contribution of the Additional Assets will be without recourse to AFG.
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Additional Sales and Contributions. From time to time after the date hereof, TLFC may request to purchase Additional Assets from Trans Leasing. If Trans Leasing so agrees to sell any Additional Assets, the purchase price thereof shall be an amount agreed to by Trans Leasing and TLFC, which price shall represent reasonably equivalent value therefor, shall be no less than the fair market value of such Additional Assets as then determined, including consideration of then current interest rates, and shall be no less than the Discounted Lease and Residual Balance of the related Additional Lease (as determined pursuant to the Pooling and Servicing Agreement) as of the related Addition Cut-Off Date. From time to time after the date hereof, in connection with a sale of Additional Assets or otherwise, Trans Leasing may contribute to TLFC as an additional contribution to the equity of TLFC, Additional Assets. The date on which any such sale or contribution of Additional Assets takes place is herein referred to as a "Addition Date." The purchase price for any Additional Assets
Sample 1

Related to Additional Sales and Contributions

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Initial Contributions In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10.10 for an interest in the Partnership and was admitted as the general partner of the Partnership, and the Initial Limited Partner made an initial Capital Contribution to the Partnership in the amount of $989.90 for an interest in the Partnership and was admitted as a limited partner of the Partnership.

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • Purchase and Contribution Transferor agrees to contribute and Transferee agrees to acquire the Property for the Purchase Price.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Other Contributions If elected by the Plan Sponsor in Section 5.01(b) of the Adoption Agreement, the Employer will credit the Participant’s Account with a contribution determined in accordance with the formula or method specified in Section 5.01(b) of the Adoption Agreement. The contribution will be treated as allocated to the Participant’s Account at the time specified in Section 5.01(b)(iii) of the Adoption Agreement.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • Cash Flow Distributions The Cash Flow of the Company, if any, shall be distributed to the Member subject to any limitations on the Company’s ability to make distributions imposed by the Company’s lenders or by applicable law.

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