Contribution to Fund Sample Clauses
The 'Contribution to Fund' clause defines the obligations of parties to provide financial resources or assets to a specified fund. Typically, it outlines the timing, amount, and method of contributions, and may specify whether contributions are made as lump sums, installments, or in response to capital calls. This clause ensures that the fund receives the necessary capital to operate or invest, clarifying each party's financial commitment and reducing the risk of underfunding.
Contribution to Fund. All Employers signatory to this Labor Agreement shall contribute twenty cents ($0.20) an hour for each hour worked under this Agreement to the Administrative Maintenance Fund (AMF) of the NECA Chapter where the work is being performed. The moneys are for the purpose of administration of the collective bargaining Agreement, grievance handling and other management duties and responsibilities in this Agreement. These moneys will not be used to the detriment of the Local Union or the IBEW. Payment will be made on a monthly basis and submitted along with the monthly report, which is due by the fifteenth of the following month. The Fund is to be administered solely by the Chapter. The enforcement for delinquent payments to the Fund shall be the sole responsibility of the Fund or the Chapter and not the Local Union.
Contribution to Fund. In the event Owner desires to further promote the Shopping Center through advertisements and other promotional events, Tenant shall pay to Owner as additional rent a contribution to the Shopping Center advertising fund (“Advertising Fund”) based on Tenant's pro-rata share. The funds in the Advertising Fund may used by Owner, in its sole discretion, to advertise the Shopping Center and to promote the Shopping Center with events, activities and promotions in the Common Areas and elsewhere. Such events, activities and promotional programs may include, without limitation, marketing that targets specific customer groups. Tenant shall participate in such events, activities and promotions as reasonably requested by Owner.