Financial Commitments Clause Samples

Financial Commitments. RA’s obligations upon expiration or termination of this Agreement with respect to the Financial Commitments are set forth on Exhibit E.

Financial Commitments. In respect of the Assets, except in connection with the AFE’s, there are no financial commitments of the Vendor which are due as of the date hereof or which may become due by virtue of matters occurring or arising prior to the date hereof, other than usual operating expenses incurred in the normal conduct of operations;

Financial Commitments. Other than as disclosed in the Caza Public Record or the Disclosure Letter, and expenditures or other financial commitments referred to in Section 6.16 and Section 6.17, and except for operating costs incurred in the ordinary course of business, as of the date hereof, Caza has no outstanding authorizations for expenditures or other financial commitments.

Financial Commitments. A. Over the duration of the Term (as defined herein), TeamCo shall fund or cause to be funded an aggregate amount of $31,333,334 (the “Supplemental TeamCo Financial Commitment”) to the TeamCo Financial Commitment Account to be used for such programs and initiatives that advance the development and well-being of the Jacksonville community and its residents which programs and initiatives shall be mutually agreed upon by the City and TeamCo in writing within thirty (30) days of the date hereof (the “Supplemental TeamCo Allocations”) and attached hereto as Schedule II.A. On or before the first day of the first year of the Term, and on or before the first day of each year of the Term thereafter, the Supplemental TeamCo Financial Commitment shall be paid out in immediately available cash in equal distributions of $1,044,444.47, to the TeamCo Financial Commitment Account, to then be allocated as set forth in Section III. B. On the timelines specified in Section III below, the City shall fund, cause to be funded, or set aside an aggregate amount of $94,000,000 (inclusive of any interest accruing thereon, the “Supplemental City Financial Commitment”), to then be allocated as set forth in Section III.

Financial Commitments. The Parties agree to use their own funds or financial resources to fulfill their respective responsibilities under this MoU. This MoU shall not cause any financial obligations on any one of the Parties hereto as a result of enforcing any of its rights or executing any of its obligations hereunder.

Financial Commitments. Service Provider shall: (i) fail to promptly and consistently provide to ALU the MSA Financial Reports; (ii) *****; or (iii) permit a “default” or “event of default,” as those terms, mutatis mutandis, may be defined by any credit agreement, credit facility, or any type of equity funding facility or commitment to fund equity (cumulatively, a “Funding Mechanism”), or any such Funding Mechanism is terminated or suspended by the funding entity, in each case with respect to a Funding Mechanism upon which Service Provider or any of its affiliates rely upon to finance THE COMPANY HAS REQUESTED AN ORDER FROM THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED, GRANTING CONFIDENTIAL TREATMENT TO SELECTED PORTIONS. ACCORDINGLY, THE CONFIDENTIAL PORTIONS HAVE BEEN OMITTED FROM THIS EXHIBIT, AND HAVE BEEN FILED SEPARATELY WITH THE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS EXHIBIT WITH “*****”. MASTER SERVICES AGREEMENT TERMS AND CONDITIONS (whether by debt or equity) any portion of the Services and such “default,” “event of default,” termination, or suspension is not thereafter amended, cured or waived under the terms and conditions of the impacted Funding Mechanism within the time frame or pursuant to the conditions set forth in such Funding Mechanism and in each such case, Service Provider shall provide ALU written notice of such amendment, default, termination, or suspension relating to any Funding Mechanism within ten (10) days after receiving notice thereof and shall provide ALU written notice of failure to cure within the time frame or pursuant to the conditions set forth in such Funding Mechanism no later than ten (10) days after such failure.

Financial Commitments. A. It is the intent of the SLSYO to ensure every Musician qualified to play in the SLSYO may do so, regardless of ability to pay. B. Tuition is $600.00. The SLSYO must receive tuition payments prior to the second SLSYO concert. If payment is not received by this date, the Musician will not be allowed to participate in the third concert cycle. ▇. ▇▇▇▇▇▇▇ for auxiliary instruments and substitute players (i.e. harp, keyboards, percussion) will be assessed each concert cycle on a pro rata basis.

Financial Commitments. Royal Gold shall be entitled to draw down all advances under Royal Gold’s committed credit facilities existing as of the date of this Agreement that Royal Gold needs in order to pay the Initial Cash Portion and consummate the Transactions contemplated by this Agreement;

Financial Commitments. LDOE agrees to seek funding to support the expansion of the TAP model to all Zone schools, the work of the District Management Group to review district efficiencies, and National Board Certification for teachers through May 2020. LDOE also agrees to seek funding to support the sustainability analysis described in Section 8 of this document. The Caddo Parish School Board shall support all compensation costs contained in this Agreement that are not associated with the state-­‐supported initiatives, which include the Teacher Advancement Program, the District Management Group, and National Board Certification Teacher support as described in this agreement.