Key Contribution definition

Key Contribution means a Contribution, in-kind or financial, committed by a Party which pursuant to Sec- tion 6.1.3 is deemed to be a determinant factor to the real- isation of the Project as it is planned. Know-How – shall mean applied or applicable technical knowledge, methods and data; which is specific, detailed and identifiable; which is used for realizing or carrying out in practice techniques serving industrial purposes; and which is secret in character and may be of commercial value to the holder. Managing Party – shall be the Party so named in the list of Parties. Materials – shall mean materials, compounds and/or substances made available for use in the Project. Primary Party – shall be a Party so named in Section 3, and any reference to a Primary Party shall be under- stood as comprising also any and all of such Party’s Group Companies.
View Source
Key Contribution means a Contribution, in- kind or financial, committed by a Party which pursuant to Section 6.1.3 is deemed to be a determinant factor to the realisation of the Project as it is planned. Managing Party – shall be the Party so named in the list of Parties. Materials – shall mean materials, compounds and/or substances made available for use in the Project. Party - shall mean a participant in the Project who is party to this Agreement, and any reference to a Party shall be understood as comprising also any and all of such Party’s Group Companies.
View Source

Examples of Key Contribution in a sentence

  • Following the written permission of the other Parties such obligation pertaining to a Key Contribution may be assigned and transferred to a third party.

  • Should the contributing Party not accept that the Contribution be defined as a Key Contribution, said Party shall without undue delay with- draw such contribution from the Project.

  • Should the contributing Party not accept that the Contribution be defined as a Key Contribution, said Party shall without undue delay withdraw such contribution from the Pro- ject.

Related to Key Contribution

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.