Funding Contributions Sample Clauses

Funding Contributions. 6.01. In order to enable Green Dot Cyprus to fulfil its obligations, the Packaging Responsible shall pay to Green Dot Cyprus annual contributions for financing the System. The contributions apply and shall be paid from the accreditation date of the System, the 1st of August 2006, as explained in Article 7 of this Agreement.
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Funding Contributions. Any investment in the Company will be made in the sole discretion of the Member.
Funding Contributions. 50. The Parties agree to contribute to the NDIS in accordance with Schedule B and with regard to the commitment in the Heads of Agreement between the Commonwealth and the Tasmanian Governments on the National Disability Insurance Scheme.
Funding Contributions. 1.1. All minimum nationally mandated sums as set out in the National Guidance from both health and care resources will be transferred to the BCF Pooled Fund. Partners reserve the right to review their discretionary additional contributions to the BCF Pooled Fund in line with the process referred in this Schedule, subject to the relevant notices being served and implications of any associated commitments against the resources being managed appropriately.
Funding Contributions. 67. The Parties agree to contribute to the NDIS in accordance with Schedule C to this Agreement.
Funding Contributions. C1 The Parties agree to jointly fund the development and maintenance of the National Clearance Database from 2018-19 onwards, with:
Funding Contributions. If necessary to cover the deficits of the Company, each Member will contribute additional capital pro rata in accordance with their respective Percentage Interests, with such capital calls subject to the aggregate maximum (including the initial Capital Contributions described in Section 3.1) of One Hundred Million Dollars ($100,000,000) (each, a "Mandatory Additional Cash Contribution"; and, together with the Mandatory Additional Equity Contributions, the "Mandatory Additional Capital Contributions"). A schedule of anticipated Mandatory Additional Cash Contributions for the first eight (8) quarters of the Company's operation, which contributions are expected to occur quarterly at the beginning of each quarter, will be attached hereto as Exhibit C upon completion of the Final First Business Plan. Subsequent Mandatory Additional Cash Contributions will be made as set forth in the Business Plan, as in effect from time to time. The Company will give written notice to each Member of each Mandatory Additional Capital Contribution at least fifteen (15) business days prior to the date due, stating the amount owed by each Member and the date on which such amount is due.
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Funding Contributions. Subject to Section 4, PPBE shall make a Capital Contribution to the Company (by wire transfer of immediately available funds to such account as the Company shall notify PPBE) on each date (or such earlier date as the Company and PPBE shall mutually agree) and in the amount set forth opposite such date in the following table: Date Amount February 13, 2013 $ 2,000,000 February 15, 2013 $ 500,000 3. Issuance of Units. In consideration of the Capital Contribution on February 13, 2013, the Company shall issue and deliver to PPBE (a) 2,000,000 Class E Preferred Units having such rights, preferences and privileges as set forth in the Company’s Second Amended and Restated Operating Agreement, dated as of July 13, 2009, as amended by the First Amendment thereto dated as of August 19, 2010, by the Second Amendment thereto dated as of May 31, 2011, by the Third Amendment thereto dated as of January 25, 2013 and by the Fourth Amendment thereto dated as of February 12, 2013 (as so amended, the “Operating Agreement”), and (b) 152,000 Class B Units, having such rights, preferences and privileges as set forth in the Operating Agreement. In consideration of the Capital Contribution on February 15, 2013, the Company shall issue and deliver to PPBE (a) 500,000 Class E Preferred Units described above and (b) 38,000 Class B Units described above. Upon each such issuance of such Class E Preferred Units and such Class B Units, the Company shall deliver to PPBE a cross receipt in substantially the form of Exhibit A attached hereto evidencing such issuance (the “Cross Receipt”). At PPBE’s direction the Class E Preferred Units and/or the Class B Units will be issued in the name of such other person or entity it may designate in writing to the Company.
Funding Contributions. In order to enable Green Dot Cyprus to fulfil its obligations, the Packaging Responsible shall pay to Green Dot Cyprus annual contributions for financing the System. The contributions apply and shall be paid from the accreditation date of the System, the 1st of August 2006, as explained in Article 7 of this Agreement. The annual contributions concern and will be due for the packaging placed on the market in the Territory by the Packaging Responsible during the year. These contributions shall be based on the quantity and type of packaging, as provided by the Packaging Responsible in its yearly Declaration. For the purpose of this Agreement, year n means the current year during which the Agreement is in force; year n-1 means the year preceding year n; The invoicing and payment of the contributions of the Packaging Responsible to Green Dot Cyprus for year n, shall be based on the packaging quantities placed in the market by the Packaging Responsible in the previous year (year n-1) and shall be due within 30 days from the issue date of the invoice, unless: the invoice amount is between €2,000 and €10,000 in which case it is payable in two (2) equal consecutive monthly instalments the invoice amount is between €10,001 and €20,000 in which case it is payable in three (3) equal consecutive monthly instalments the invoice amount is between €20,001 and €35,000 in which case it is payable in four (4) equal consecutive monthly instalments the invoice amount is between €35,001 and €85,000 in which case it is payable in five (5) equal consecutive monthly instalments the invoice amount is beyond €85,001 in which case it is payable in six (6) equal consecutive monthly instalments. In this case, along with the first instalment besides payment of the 1/6 of the clear amount, the total of the VAT should also be paid. Any delays in payment shall hold an interest equal to the running lending interest rate of the Central European Bank plus 1%. In derogation to the foregoing paragraph, if no Declaration from the Packaging Responsible is available, because the Packaging Responsible has not put any packaging on the market in the preceding years, the advances shall be calculated on the basis of the packaging volumes that the Packaging Responsible anticipates placing on the market during the current year (year n). Payments shall be made by credit transfer or banker’s cheque, or any other means of payment approved by Green Dot Cyprus. All invoices are payable in thirty (30) days fro...
Funding Contributions. An initial investment of $10,000,000 in the LLC has been made by HFC ("Capital"). Any additional investments in the LLC to be made by HFC shall be treated as additional Capital. An initial investment of $1,000 in the LLC has been made by LUK ("Preferred Capital"). Any additional investments in the LLC to be made by LUK shall be treated as additional Preferred Capital. Preferred Capital contributed by LUK shall be entitled to receive a preferred return pursuant to Article IV hereof.
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