Minimum Financial Commitment Sample Clauses
Minimum Financial Commitment. Community benefits described on this sheet will be supported with cash and in-kind donations from the team totaling at least 1% of annual ticket sales. This contribution shall be the greater of 1% of annual ticket sales, or $1,500,000. The cash and in-kind donations will support community needs outlined in this document and include, but not be limited to, mental health, healthcare access, youth development, domestic violence, drug addiction, veterans services, teenage sex trafficking, food insecurity, and homelessness.
Minimum Financial Commitment. (a) CONTRACTOR shall be obligated to incur the.following Minimum Financial Commitment: Phase I - US$ million Phase II - US$ million Phase III - US$ million
(b) If CONTRACTOR fulfills the Minimum Work Commitment set forth in (a) of Clause 6.2 for each Phase of the Exploration Period, then CONTRACTOR shall be deemed to have satisfied the Minimum Financial Commitment for each such Phase.