Initial Contribution definition

Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.
Initial Contribution means the amount of $10 paid by the Initial Unitholder to the Trustees for the purpose of settling the trust constituted by this Declaration of Trust.
Initial Contribution shall have the meaning assigned to such term in Section 7.1(a).

Examples of Initial Contribution in a sentence

  • Each Participant, as its Initial Contribution, hereby contributes all its undivided right, title and interest in and to the Properties to the Business.

  • Each Participant's Equity Account shall be credited with the value of its Initial Contribution under Sections 5.2 and shall be credited with amounts contributed by such Participant under Section 5.4. Each Participant's Equity Account shall be charged with the cash and the fair market value of property distributed to such Participant (net of liabilities assumed by such Participant and liabilities to which such distributed property is subject).


More Definitions of Initial Contribution

Initial Contribution means the first contribution (if any) of Receivables and Receivables Assets related thereto, made pursuant to Section 2.01 of the Contribution Agreement.
Initial Contribution means Capital Contributions made by a Member to acquire an interest in the Company.
Initial Contribution. [Gift defined] irrevocably made payable to the Community Foundation of Northeast Alabama for the benefit [Fund Name].
Initial Contribution shall have the meaning ascribed to the term in Clause 3.2.1.
Initial Contribution means the amount of $10 paid by the Initial Unitholder to the Initial Trustees for the purpose of establishing the Trust;
Initial Contribution the consideration in the form of cash payable by Funding to the Mortgages Trustee in respect of the Funding Share of the Trust Property pursuant to and in accordance with the Mortgages Trust Deed, which Contribution is to fund the payment to the Seller by the Mortgages Trustee of (and is equal to) the Initial Purchase Price in respect of the Initial Mortgage Portfolio or (if any is payable) any New Mortgage Portfolio sold and assigned to the Mortgages Trustee and is to be funded from the proceeds of the First Issuer Intercompany Loan or any New Intercompany Loan;
Initial Contribution means the amount of $10.00 transferred and paid by the Settlor to the Trustees on December 4, 2001 for the purpose of establishing the Trust;