Contribution Business definition
Examples of Contribution Business in a sentence
Monetary Contribution Business Innovation Space Fitout $8,140,000 (as estimated) being an amount calculated on a rate of $2,200 per square metre x net lettable area of the Premises and indexed in accordance with paragraph 2.2 below To be paid no later than 3 months prior to Completion of the Business Innovation Space Base Building Works for the Premises as reasonably anticipated by the Developer See clause 2 of Schedule 3.
All amounts of the First Payment, the Second Payment, any Additional Contribution, Business Profits, or other assets of Seller or its Subsidiaries not necessary to satisfy the obligation of Buyer set forth above may be contributed to the Subsidiaries as additional capital at the discretion of the Board of Directors of Seller, subject to the obligations of Seller pursuant to Section 1.5.
If such contribution is not made on or before the second anniversary of the NDI IPO Date, then the Business shall cease to and no longer include the Special Contribution Business.
If such contribution is not made on or before the first anniversary of the NDI IPO Date, then the Business shall cease to and no longer include the Special Contribution Business.
Upon such contribution, subject to subsections (iii) and (iv) of this Section 4.01(b), the Business shall include the Special Contribution Business.
In addition, NatWest agreed to transfer the Contribution Business in exchange for the Purchaser procuring the issue of Contribution Securities and Contribution Cash to the Contribution Party.