Contribution Notice Sample Clauses

A Contribution Notice clause requires a party to formally notify the other party when a contribution—such as funds, resources, or services—is made under the agreement. This notice typically includes details about the nature, amount, and timing of the contribution, and may specify the method and timeframe for providing such notice. The core function of this clause is to ensure transparency and accurate record-keeping regarding contributions, thereby preventing disputes and misunderstandings about what has been provided or received.
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Contribution Notice. The Operator must immediately, after an amount has become a Default Amount in respect of a Defaulting Participant by notice to the Non-defaulting Participant, require payment by it of the Default Amount (“Contribution Notice”) and, within ten (10) Business Days of receipt of a Contribution Notice, the Non-defaulting Participant may elect to pay to the Operator the Default Amount. If a Contribution Notice is given, the Non-defaulting Participant may, despite Section 8.8(b), convene a meeting of the Management Committee on two (2) Business Days’ notice to consider the giving of directions to the Operator to reduce or defer the Joint Venture Activities proposed to be carried out in the next quarter. At that meeting of the Management Committee, the members of the Management Committee appointed by the Defaulting Participant will not be entitled to vote on any question concerning the reduction or deferral of Joint Venture Activities. If the Operator is directed to reduce or defer Joint Venture Activities, it must immediately re-issue the last issued Cash Call Notice and the Contribution Notice taking due account of the effect of the reduction or deferral and the Default Amount will be reduced to an amount equal to the Defaulting Participant’s required contribution on the basis of the re-issued Cash Call Notice.
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Contribution Notice. The term “
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Contribution Notice a contribution notice issued by the Pensions Regulator in the UK under section 38 or section 47 of the Pensions ▇▇▇ ▇▇▇▇ (UK).
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Contribution Notice. 4.2 CEO............................................................2.3 CFO............................................................2.3 Director.......................................................
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Contribution Notice. The Operator must immediately, after an amount has become a Default Amount in respect of a Defaulting Participant by notice to the Non-defaulting Participant, request payment by it of the Default Amount (“Contribution Notice”) and, within 40 Business Days of receipt of a Contribution Notice, the Non-defaulting Participant may pay to the Operator the Default Amount or where there is more than one Non-defaulting Participant, a pro-rata proportion (determined in proportion to the respective Participating Interests of the Non-defaulting Participants) of the Default Amount. If a Contribution Notice is given, whether or not any Non-defaulting Participant has paid to the Operator its pro-rata amount of the Default Amount, any Non-defaulting Participant may, despite clause 10.15, convene a meeting of the Management Committee on five Business Days notice to consider the giving of directions to the Operator to reduce or defer the Joint Venture Activities proposed to be carried out in the next calendar month, taking into account the fact that the Default Amount is not available. At that meeting of the Management Committee, the members of the Management Committee appointed by the Defaulting Participant despite clause 10.13 will not be entitled to vote on any question concerning the reduction or deferral of Joint Venture Activities. If such reduced or deferred Joint Venture Activities are approved by the Management Committee, then the funding thereof shall be solely by the Non-defaulting Participants and such activities and funding shall not in any manner affect the status of the Defaulting Participant or of the Default Amount.
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Contribution Notice. When the Managing Member desires to have UPK contribute Properties to the Company or to grant Surface Rights, the Managing Member shall: (a) Give UPK written notice ("Contribution Notice") of the Properties to be contributed or the Surface Rights required, together with a specific identification by legal description of the real property which is the subject of such notice unless the required easement is temporary or is not subject to precise definition because a blanket easement, surface right or Deed Restriction is required or the precise location cannot be determined until a later time in which case a general description of the desired area shall be included, and the nature of any remediation under the Mine Hazard Protocol or the Environmental Protocol, and the date or approximate time a contribution is required as set forth in subsection (b) below. (b) Give UPK 30 days written notice of a required contribution with respect to Properties to be contributed upon which no Mine Site or Facilities or Mine Waste remediation is required. With respect to Properties to be contributed where remediation is required under the Environmental Protocol, UPK shall endeavor to enter into a contract which will require the independent contractor to commence and to diligently proceed to complete the remediation promptly in accordance with the time frames set forth in the written notice of contribution or under the Business Plan and require the Protocol Manager to certify to UPK, DMB and the Company that the remediation has been completed in accordance with the Environmental Protocol ("Protocol Certification"). UPK does not guarantee any remediation times but UPK will exercise reasonable diligence to supervise the independent contractor and shall contractually require that such remediation shall be accomplished within such time frames after notification to the contractor unless the contractor can demonstrate that a longer time is required because of force majeure or other factors beyond his control ("Remediation Time"). The Properties to be contributed by UPK shall be contributed within ten day after receipt of the Protocol Certification by UPK, DMB and the Company. (c) Not less than 15 days prior to the required date of conveyance or transfer, the Company shall furnish the exact form of instrument of conveyance, assignment, easement, surface rights, dedication or Deed Restriction required by the Managing Member and subject to the reasonable right of UPK to reasonably object ...
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Related to Contribution Notice

  • Contribution Deadline The deadline for making a ▇▇▇▇ ▇▇▇ contribution is your tax return due date (not including extensions). You may designate a contribution as a contribution for the preceding taxable year in a manner acceptable to us. For example, if you are a calendar-year taxpayer and you make your ▇▇▇▇ ▇▇▇ contribution on or before your tax filing deadline, your contribution is considered to have been made for the previous tax year if you designate it as such. If you are a member of the Armed Forces serving in a combat zone, hazardous duty area, or contingency operation, you may have an extended contribution deadline of 180 days after the last day served in the area. In addition, your contribution deadline for a particular tax year is also extended by the number of days that remained to file that year’s tax return as of the date you entered the combat zone. This additional extension to make your ▇▇▇▇ ▇▇▇ contribution cannot exceed the number of days between January 1 and your tax filing deadline, not including extensions.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out: (i) in sufficient detail the underlying Force Majeure Event; (ii) the Termination Date which shall be a date occurring not earlier than 60 (sixty) days from the date of Termination Notice; (iii) the estimated Termination Payment including the details of computation thereof and; (iv) any other relevant information.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.