SUBJECT OF CONTRIBUTION Sample Clauses

SUBJECT OF CONTRIBUTION i. Upon, and subject to the terms, covenants and conditions of this Agreement, on the Closing Date (as hereinafter defined), each of the Contributors shall contribute, convey or otherwise transfer to certain designees of MCRLP 100% of said Contributor's 105 right, title and interest (collectively, "Contributors' Interests, each individually, a "Contributor's Interest") in and to Owner.
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SUBJECT OF CONTRIBUTION. Section 1.01. Subject to and in accordance with the terms and conditions of this Agreement, the Contributors shall contribute and convey or cause to be contributed and conveyed to the Partnership, the Contributed Interests. Upon receipt of such Contributed Interests, the Partnership shall, as the beneficial owner of the Existing Owners, own all of the Existing Owners' right, title and interest in the following:
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SUBJECT OF CONTRIBUTION. In accordance with the terms and conditions of this Agreement and subject to Investor's performance and satisfaction of those conditions, covenants and obligations contained herein which are stated to be Investor's obligation hereunder, the Partnership shall contribute to Mezzanine LLC and cause Mezzanine LLC to contribute to Fee Owner on the Closing Date (as hereinafter defined) all of the Partnership's right, title and interest in, to and under, the following:
Sample 1
SUBJECT OF CONTRIBUTION. 1.1 Subject to and in accordance with the terms and conditions of this Agreement, the Contributing Parties shall transfer and convey to the Partnership, all of the Contributing Parties' right, title and interest in and to the following:
Sample 1

Related to SUBJECT OF CONTRIBUTION

  • Right of Contribution Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor’s right of contribution shall be subject to the terms and conditions of Section 2.3. The provisions of this Section 2.2 shall in no respect limit the obligations and liabilities of any Guarantor to the Administrative Agent and the Lenders, and each Guarantor shall remain liable to the Administrative Agent and the Lenders for the full amount guaranteed by such Guarantor hereunder.

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • Rights of Contribution The Guarantors agree among themselves that, in connection with payments made hereunder, each Guarantor shall have contribution rights against the other Guarantors as permitted under applicable law. Such contribution rights shall be subordinate and subject in right of payment to the obligations of such Guarantors under the Loan Documents and no Guarantor shall exercise such rights of contribution until all Obligations have been paid in full and the Commitments have terminated.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • No Right of Contribution Sellers shall have no right to seek contribution from Company or Purchaser with respect to all or any part of any of a Seller’s indemnification obligations under this Section 11.

  • Purchase and Contribution Transferor agrees to contribute and Transferee agrees to acquire the Property for the Purchase Price.

  • Other Contributions If elected by the Plan Sponsor in Section 5.01(b) of the Adoption Agreement, the Employer will credit the Participant’s Account with a contribution determined in accordance with the formula or method specified in Section 5.01(b) of the Adoption Agreement. The contribution will be treated as allocated to the Participant’s Account at the time specified in Section 5.01(b)(iii) of the Adoption Agreement.

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Other Contribution Provisions In the event that any Partner is admitted to the Partnership and is given a Capital Account in exchange for services rendered to the Partnership, unless otherwise determined by the General Partner in its sole and absolute discretion, such transaction shall be treated by the Partnership and the affected Partner as if the Partnership had compensated such partner in cash and such Partner had contributed the cash to the capital of the Partnership. In addition, with the consent of the General Partner, one or more Limited Partners may enter into contribution agreements with the Partnership which have the effect of providing a guarantee of certain obligations of the Partnership.

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