PROPORTIONATE FUNDING. Allowable costs for personnel, major equipment and other significant purchases must be limited to the portion utilized on the project.
PROPORTIONATE FUNDING Sample Clauses
Related to PROPORTIONATE FUNDING
Proportionate Amounts Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned.
Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.
Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .
