Initial Cash Contribution Sample Clauses
The Initial Cash Contribution clause defines the requirement for one or more parties to provide a specified amount of money at the outset of an agreement or project. Typically, this clause outlines the exact amount, timing, and method of payment, and may specify which party is responsible for the contribution. For example, in a joint venture, each partner might be required to deposit their share of capital before operations begin. The core function of this clause is to ensure that sufficient funds are available from the start, thereby facilitating the commencement of activities and clarifying each party’s financial commitment.
Initial Cash Contribution. BR CDP, Duke and Commander have made (or are concurrently with the execution of this Agreement making) an initial cash contribution to acquire the Property ("Initial Cash Contribution"), as shown on Exhibit “B”. All cash contributions occurring through the date of the execution (as contrasted with the effective date) of this Agreement shall constitute part of the Initial Cash Contribution (even if made subsequent to the acquisition of the Property and even if made in multiple tranches). BR CDP, as manager, notified Duke and Commander in writing of the timing for the Initial Cash Contribution to be delivered setting forth: (i) the total amount required; and (ii) each Co-Tenant’s Pro Rata Share thereof. Each Co-Tenant delivered (or is concurrently with the execution of this Agreement delivering) said Co-Tenant’s Pro Rata Share as set forth in BR CDP’s written notice within one (1) day from the date of said notice. The Co-Tenants agree that all pre-development costs, ▇▇▇▇▇▇▇ money deposits, due diligence costs, professional fees and other pursuit costs previously incurred by BR CDP shall be trued up by Duke and Commander contributing their Pro Rata Share thereof.
Initial Cash Contribution. The initial cash contribution of the partnership shall be as follows: Larse Corporation $________ ▇▇▇▇▇▇▇▇▇ Construction $________ ▇▇▇▇ ▇. ▇▇▇▇▇ $________ ▇▇▇▇ ▇. ▇▇▇▇▇ $________ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, ▇▇. $________ ___________________________ $________ ___________________________ $________ TOTAL INITIAL CASH CONTRIBUTION $________
Initial Cash Contribution. BR CDP, Duke and Commander agree to make an initial cash contribution to acquire the Property ("Initial Cash Contribution"), as shown on Exhibit “B”. BR CDP, as manager, shall notify Duke and Commander in writing of the timing for the Initial Cash Contribution to be delivered setting forth: (i) the total amount required; and (ii) each Co-Tenant’s Pro Rata Share thereof (based on the percentages set forth above). Each Co-Tenant shall deliver to said Co-Tenant’s Pro Rata Share as set forth in BR CDP’s written notice within one (1) day from the date of said notice. The Co-Tenants agree that all pre-development costs, e▇▇▇▇▇▇ money deposits, due diligence costs, professional fees and other pursuit costs previously incurred by BR CDP shall be trued up by Duke and Commander contributing their Pro Rata Share thereof.
Initial Cash Contribution. Attached as Exhibit "B" is a schedule that ------------------------- ----------- sets forth the aggregate cash contributions of the Cash Equity Investors and the Management Stockholders as of the date hereof.
Initial Cash Contribution. On the date hereof, Schein does hereby contribute cash in the amount of approximately $400,000,000 as a capital contribution to HSFR, Inc. its wholly-owned subsidiary.
Initial Cash Contribution. 28 INVESTORS........................................................................................................21 LARKSPUR LANDING..................................................................................................1