Financial Participation Sample Clauses

Financial Participation. Pursuant to §2155.004, Texas Government Code, the Contractor certifies that Contractor is not ineligible to receive this Contract and acknowledges that this Contract may be terminated and payment withheld if this certification is inaccurate. Section 2155.004 prohibits a person or entity from receiving a state contract if that person or entity received compensation for participating in preparing the solicitation documents, if applicable, or specifications for this Contract from a state agency.
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Financial Participation. Proposer certifies that it has not received compensation from the City to participate in preparing the specifications or RFP on which the Proposal is based and acknowledges that this contract may be terminated and/or payment withheld if this certification is inaccurate.
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Financial Participation. Within thirty (30) days of the submitting by EFL of a tax invoice following approval of the Agreement by the Board of Directors of EFL and by the competent authorities of IEC, pursuant to Paragraph 12 below, IEC will pay to EFL the NIS equivalent at the Representative Rate of $960,000 (Nine Hundred Sixty Thousand U.S. Dollars) plus V.A.T. IEC will also cover the costs of converting and adapting any IEC vehicles for electric operation with EFL zinc-air batteries, and the costs of operating said vehicles and exchanging batteries therein. [*]
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Financial Participation. 5.1.1 The allocation of financial contributions of each Member Agency is set forth in Exhibit “E”. The amount of additional funding shall be reasonably related to the population of each Member Agency and/or to the amount required to carry out the purposes of this Agreement after deducting other contributions as set out in 5.1.2.‌
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Financial Participation. Neither Party shall pay the other any sums under this Agreement.
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Financial Participation. All funds, including contractual agreements received by the Parties to support operations of TCD or to support capital expenditures, shall be provided to the Fiscal Agent, including funds provided by the State of New Mexico or the Federal Government, and any and all such other funding or grant agencies, and disbursements from the Enhanced 911 Fund. Such funds shall become the property of the Fiscal Agent but shall be expended by the Fiscal Agent solely to support operation of TCD; no party shall be entitled to a credit, offset deduction or other compensation for said funds regardless of who solicited, applied for, sought, or obtained said funding. Money received from the Enhanced 911 Fund shall be spent in accordance with rules adopted by the Local Government Division of the Department of Finance and Administration.
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Financial Participation. 2.1. The Parties agree that Galt shall have the right to advance a minimum of Five Million Dollars ($5,000,000) under the terms of this Agreement and up to a maximum of Ten Million Dollars ($10,000,000) subject to the mutual consent of the Parties.
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Financial Participation. The right of first refusal to participate in any New Project is conditional upon the Optionee (a) providing evidence satisfactory to the owner of its solvency and ability to meet the financial requirements of the New Project; (b) the Optionee paying all cash calls and making all financial commitments, including executing mortgages, and providing guarantees incidental to its participation in any New Project at the same date as the Owner or at such time as shall be agreed by the parties in writing.
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Financial Participation 
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Related to Financial Participation

  • Financial Participation Prohibited Under Section 2155.004, Texas Government Code (relating to financial participation in preparing solicitations), Contractor certifies that the individual or business entity named in this Contract and any related Solicitation Response is not ineligible to receive this Contract and acknowledges that this Contract may be terminated and payment withheld if this certification is inaccurate.

  • L/C Participations (a) The Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant, and, to induce the Issuing Lender to issue Letters of Credit hereunder, each L/C Participant irrevocably agrees to accept and purchase and hereby accepts and purchases from the Issuing Lender, on the terms and conditions hereinafter stated, for such L/C Participant’s own account and risk an undivided interest equal to such L/C Participant’s Revolving Credit Commitment Percentage in the Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued hereunder and the amount of each draft paid by the Issuing Lender thereunder. Each L/C Participant unconditionally and irrevocably agrees with the Issuing Lender that, if a draft is paid under any Letter of Credit for which the Issuing Lender is not reimbursed in full by the Borrower through a Revolving Credit Loan or otherwise in accordance with the terms of this Agreement, such L/C Participant shall pay to the Issuing Lender upon demand at the Issuing Lender’s address for notices specified herein an amount equal to such L/C Participant’s Revolving Credit Commitment Percentage of the amount of such draft, or any part thereof, which is not so reimbursed.

  • Participations By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the Issuing Bank or the Lenders, the Issuing Bank hereby grants to each Lender, and each Lender hereby acquires from the Issuing Bank, a participation in such Letter of Credit equal to such Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and in furtherance of the foregoing, each Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such Lender’s Applicable Percentage of each LC Disbursement made by the Issuing Bank and not reimbursed by the Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever.

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