Participants' Initial Contributions. Each Participant, as its Initial Contribution, hereby contributes all its undivided right, title and interest in and to the Properties to the Business.
Participants' Initial Contributions. (a) UPC, as part of its Initial Contribution, hereby pledges to contribute 100% of its right, title and interest to be acquired in the Properties at the time of Closing after full payment of the purchase price contained in paragraph 4 as provided in the PSA. 164067
Participants' Initial Contributions. The Participants, as their Initial Contributions, hereby contribute their respective interests in the Properties to the purposes of this Agreement.
Participants' Initial Contributions. Pursuant to Section 3.1 the initial Participating Interests of the parties are as set forth in Section 6.1. The agreed value of each party's Initial Contribution is $16,000 and the receipt by the Venture of the Initial Contribution of each Participant is hereby acknowledged by the parties hereto.
Participants' Initial Contributions. (a) USI, as its Initial Contribution, hereby (i) contributes the Assets described in Exhibit A to the purposes of this Agreement, and (ii) after Sprott’s $15,000,000 contributed to fund the Improvements Program and Budget has been expended, shall contribute the next $5,000,000 for expenditures under the Improvements Program and Budget. The amount of Thirty Million Dollars ($30,000,000) shall be credited to USI’s Equity Account with respect to USI’s Initial Contribution.
Participants' Initial Contributions. GP, as its Initial Contribution, hereby contributes the Properties to the purposes of this Agreement. The agreed value of GP's Initial Contribution shall be $ _________. Kennecott, as its Initial Contribution, shall make certain payments and contribute certain amounts for Operations on the Properties pursuant to the terms of Section 5.2 hereof. The value of Kennecott's Initial Contribution shall be $________.
Participants' Initial Contributions. (a) United Nuclear as its Initial Contribution, hereby contributes its nineteen percent (19%) undivided interest in the Assets described in Exhibit A-1 to the purposes of this Agreement. The amount of $5,828,319.00 shall be credited to the United Nuclear Equity Account on the Effective Date with respect to United Nuclear’ Initial Contribution.
Participants' Initial Contributions. . . . 9 5.2 Failure to Make Initial Contribution . . . . . . . . . 10 5.3 Additional Contributions . . . 11
Participants' Initial Contributions. (a) BATTLE MOUNTAIN, as its Initial Contribution, hereby contributes the Assets described in Exhibit A to the purposes of this Agreement. The amount of Six Hundred Fifty Thousand Dollars ($650,000) shall be credited to BATTLE MOUNTAIN's Equity Account, on the Effective Date, with respect to BATTLE MOUNTAIN's Initial Contribution.
Participants' Initial Contributions. (a) Miranda, as its Initial Contribution, hereby contributes the Assets described in Exhibit A to the purposes of this Agreement. The amount of One Million Three Hundred Thirty-Three Thousand Three Hundred and Thirty-Three and 60/100 Dollars ($1,333,333.60) shall be credited to Miranda’s Equity Account on the Effective Date with respect to Miranda’s Initial Contribution.
