Contribution Payment(s) definition
Examples of Contribution Payment(s) in a sentence
The Borrower will not declare or make any direct or indirect distribution, dividend or other payment to any person on account of any Equity Interests in, or ownership of any similar interests or securities of the Borrower, except for (i) Permitted Distributions or distributions made pursuant to Sections 6.4 and 9.1 and (ii) Contribution Payments.
This Powerbank Agreement deals with your participation in Powerbank and your obligation to pay Powerbank Contribution Payments.
Borrower and Parent each hereby acknowledges and agrees that the Capital Contribution Agreement is amended pursuant to the Reaffirmation and Amendment of Capital Contribution Agreement provided herewith and the terms and conditions pursuant to which Contributors are required to make Capital Contribution Payments are set forth in the Capital Contribution Agreement, as amended by the Reaffirmation and Amendment of Capital Contribution Agreement provided herewith.
Due to the School District’s reliance on the Voluntary Education Contribution Payments in its budgetary matters, the School District may impose a late charge on the Voluntary Education Contribution Payments in the event that UPMC fails to make all or any portion of the Voluntary Education Contribution Payments as required by Paragraph 2 hereof within thirty (30) days of the due date.
The total Powerbank is made up of each Member's Powerbank Contribution Payments for each Premises to which we supply electricity.
In that case, the provisions in Failure Of The Policyholder To Make Contribution Payments will apply.
In addition to the above, there will be Additional Contribution Payments if such is necessary for realising the recovery up to the level of the Minimum Required Funding Ratio within the statutory term of five years.
This Agreement contains the entire understanding of the parties concerning the tax status of the Property and the Voluntary Education Contribution Payments, and there are no other understandings, agreements, covenants, or conditions relating to the subject matter thereof.
If the Supplementation-Corrected-Funding-Ratio is lower than the TBI Funding Ratio plus 5% point, there will be Additional Contribution Payments.
Purchaser shall have delivered to Shareholder the Purchase Price, as provided in Sections 1.2 and 1.3 hereof, and all of the Capital Contribution Payments required herein.