Community Contribution definition
Examples of Community Contribution in a sentence
Community Contribution means a monetary contribution to projects benefiting the City’s Inner N/NE Target Area and the Company’s Project.
The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and other firms.
Based upon estimates in Exhibit C, it is estimated that the Company will not be required to make a Community Contribution pursuant to the terms of Section 3.10 below.
Further Community Contribution $750,000 (excluding GST) each Contribution Year plus an additional $1,000 (excluding GST) each Contribution Year for every installed one (1) megawatt over 600 megawatts for the Project, as adjusted in accordance with clause 5.1(c) of this agreement.
Dates are subject to update based on timing for signing] Total Community Contribution the Initial Community Contribution and the Further Community Contributions.