Common use of Voluntary Contribution Clause in Contracts

Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, the “Foundations”) with their important educational missions, Developer agrees to make a voluntary contribution to each of the Foundations in the amount of $50,000, which payments shall be made within two weeks of Developer’s and City’s execution of the first lease described in Section 4.13. The Foundations are an intended third party beneficiary of this provision of the Agreement, and shall have the exclusive power to enforce this provision during the term of this Agreement.

Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, the “Foundations”) with their important educational missions, Developer Builder agrees to make a voluntary contribution to each of the Foundations in the amount of $50,000, which payments shall be made within two weeks of Developer’s and City’s execution of the first lease described in Section 4.13. The Foundations are an intended third party beneficiary of this provision of the Agreement, and shall have the exclusive power to enforce this provision during the term of this Agreement.

Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, the “Foundations”) with their important educational missions, Developer agrees to make a voluntary contribution to each of the Foundations in the amount of $50,000, which payments shall be made within two weeks 50,000.00 (half to each Foundation) on the date of Developer’s and City’s execution of the first lease described in Section 4.13Lease. The Foundations are Each Foundation is an intended third party beneficiary of this provision of the Agreement, and shall have the exclusive power to enforce this provision during the term of this Agreement.

Voluntary Contribution. To assist the Tempe Union High School Foundation and the Tempe Impact Education Foundation (together, together the “Foundations”) with their important educational missions, Developer agrees to make a voluntary contribution to each of the Foundations in the amount of $50,000, which payments shall be made within two (2) weeks of Developer’s and City’s execution the issuance of the first lease described in Section 4.13Certificate of Occupancy for a building within the Project. The Foundations are an intended third party beneficiary beneficiaries of this provision of the Agreement, Section 34 and shall have the exclusive power to enforce this provision during the term of this Agreement.