CITY’s Financial Contribution for PROJECT Sample Clauses

CITY’s Financial Contribution for PROJECT. CITY agrees to contribute to the PROJECT an amount not to exceed TWO-HUNDRED THOUSAND ($200,000) dollars (hereinafter, “CITY’s Contribution”) towards the development of PROJECT. Upon execution of the Agreement, VTA shall invoice CITY for the CITY’s Contribution, and, upon receipt, will deposit the CITY’s Contribution into an interest-bearing account. CITY shall pay to VTA the CITY’s Contribution within thirty (30) calendar days after receipt of invoice. CITY’s Contribution and any interest earned will be considered toward the required minimum 10% non-2016 Measure B contribution for the listed cost of PROJECT as identified in the 2016 Measure B Program Category Guidelines for the HIGHWAY IC CATEGORY.
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CITY’s Financial Contribution for PROJECT. CITY’s financial contribution for PROJECT is TOTAL PROJECT COST less VTA’s Financial Contribution for PROJECT. CITY must not seek reimbursement from VTA toward the PROJECT prior to Effective Date of this AGREEMENT.
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CITY’s Financial Contribution for PROJECT. CITY is solely responsible for all funds CITY has expended toward the PROJECT prior to March 4, 2021, and CITY must not seek reimbursement from VTA for such costs.
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CITY’s Financial Contribution for PROJECT. CITY shall contribute to the PROJECT an amount not to exceed ONE MILLION FIVE HUNDRED THOUSAND dollars ($1,500,000) (hereinafter, “CITY’s Contribution”). Upon execution of the Agreement, VTA shall invoice CITY for the CITY’s Contribution and, upon receipt, will deposit the CITY’s Contribution into an interest-bearing account. CITY shall pay to VTA the amount set forth in the VTA invoice within thirty (30) calendar days after receipt of invoice.
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Related to CITY’s Financial Contribution for PROJECT

  • FINANCIAL CONTRIBUTIONS 10.1 The Financial Contribution of the CCG and the Council to any Pooled Fund or Non-Pooled Fund for the first Financial Year of operation of each Individual Scheme shall be as set out in the relevant Scheme Specification.

  • Financial contribution Methods of payment

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

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2019 Adjusted Gross Income* Applicable Percentage Joint Return Head of a Household All Other Cases $1–38,500 $1–28,875 $1–19,250 50 $38,501–41,500 $28,876–31,125 $19,251–20,750 20 $41,501–64,000 $31,126–48,000 $20,751–32,000 10 Over $64,000 Over $48,000 Over $32,000 0 2020 Adjusted Gross Income* Applicable Percentage Joint Return Head of a Household All Other Cases $1–39,000 $1–29,250 $1–19,500 50 $39,001–42,500 $29,251–31,875 $19,501–21,250 20 $42,501–65,000 $31,876–48,750 $21,251–32,500 10 Over $65,000 Over $48,750 Over $32,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • 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.

  • Annual Contributions □ Check enclosed in the amount of $ representing current contribution for tax year 20 . This contribution does not exceed the maximum permitted amount for the year of contribution as described in the Xxxx XXX Disclosure Statement. If no tax year is indicated, contribution will automatically apply to current year.

  • Contributions for OTPP Plan Members i. When an employee/plan member is on short term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OTPP contributions based on 100% of the employee/plan member’s regular pay.

  • Members Capital Contributions a.) Single Member Capital Contributions (Applies ONLY if Single-Member): The Member is able to make a contribution of capital in the amount and at the time the Member determines. The Member is not required or in any way obligated to make contributions to the Company (each instance being a “Capital Contribution”). The Member has the authority to take distributions of capital from the Company in line with any limitations set forth by the Statutes.

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