Examples of Capital Campaign in a sentence
After recoupment of the Synod Shortfall Payments, the Synod shall pay any additional Capital Campaign Receipts to St. John’s in accordance with Section 1.6(d) of this Schedule 1.
On or before February 28, 2021, the Synod will pay St. John’s one-third (1/3) times the sum of (i) the Cut-Off Amount, minus (ii) all Capital Campaign Payments, but in no event less than zero.
On or before February 28, 2023, the Synod will pay St. John’s the sum of (i) the Cut-Off Amount, minus (ii) all Capital Campaign Payments, plus (iii) any previously-paid Synod Shortfall Payments, but in no event less than zero.
Upon St. John’s receipt of the sum of Capital Campaign Payments and Synod Shortfall Payments in the amount of the Cut-Off Amount, the Synod shall then retain all additional Capital Campaign Receipts in excess of the Cut-Off Amount until the Synod Shortfall Payments have been recouped by the Synod.
On or before February 28, 2022, the Synod will pay St. John’s one-half (1/2) times the sum of (i) the Cut-Off Amount, minus (ii) all Capital Campaign Payments, plus (iii) any previously-paid Synod Shortfall Payments, but in no event less than zero.