Common use of Limit on Contributions Clause in Contracts

Limit on Contributions. Notwithstanding any other provision of this Agreement, in no event shall any Participant be required to make any Project Contribution after the cumulative total of Project Contributions made by or on behalf of that Participant equals PS(i) TB x ----- x 1.2 100% where TB is the Total Budget as of the date of this Agreement and PS(i) is the Project Share of that Participant.

Appears in 4 contracts

Samples: Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.), Funding and Construction Agreement (Ormat Technologies, Inc.)

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