Cash Fund Sample Clauses

Cash Fund. “Cash Fund” is defined in Paragraph 4.1.1.
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Cash Fund. 4.1.1 Ally will pay a total of five million U.S. dollars ($5,000,000) (the “Cash Fund”) as follows. Within ten (10) Business Days after the later of (a) entry of the Preliminary Approval Order and (b) receipt by Ally’s Counsel of written confirmation of the establishment of the QSF Account, written wiring instructions for the QSF Account, and a completed W-9 Tax Form from Class Counsel and the Settlement Administrator, Ally will deliver fifty thousand U.S. dollars ($50,000) by wire transfer to a qualified settlement fund account (within the meaning of 468B- 1 of the Treasury Regulations (26 C.F.R. § 1.468B-1)) established by Class Counsel and the Settlement Administrator in accordance with Paragraph 15 (the “QSF Account”), to be used by the Settlement Administrator solely to pay costs of notice as described in Paragraph 7.4. Within ten (10) Business Days after the Effective Date, Ally will deliver the remaining four million, nine-hundred-and-fifty thousand U.S. dollars ($4,950,000) of the Cash Fund by wire transfer to the QSF Account.
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Cash Fund. In accordance with Section 2.1(f) of this Settlement Agreement, Defendants will pay $12.5 million to establish the Gross Cash Fund to be used to pay any and all fees and costs, including, but not limited to, all claims administration fees and costs, court-approved Class Counsel’s fees and costs award, and court-approved Named Plaintiffs’ enhancement awards. The remaining balance – Net Cash Fund – shall be distributed to Authorized Claimants as described below. If the Court approves the Settlement of this Action, and subject to Section 2.1(f) of this Settlement Agreement, Defendants shall make their payments within seven (7) days after the Final Settlement Date. The Gross Cash Fund will pay for, in order: 5 of 19
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Cash Fund. Defendants will pay a total of $12.5 million to establish the Gross 25 Cash Fund to be used to pay any and all fees and costs, including, but not limited to, all claims 26 administration fees and costs, Class Counsel’s fees and costs award set forth below, and 27 Plaintiffs’ enhancement awards set forth below, with the remaining balance, defined as the Net 28 Cash Fund under the Settlement Agreement, to be distributed to Class Members who are eligible 1 for and validly and timely submit Claim Forms in the form of Settlement Payments as described 2 under Section 2.1(d) of the Settlement Agreement.
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Cash Fund. “Cash Fund” means the amount to be paid under Paragraph 3.a.
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Cash Fund a. Within ten (10) business days after the Effective Date and receipt by Defendant’s Counsel in writing of wiring instructions and a completed W-9 Tax Form from the qualified settlement fund, Alltru shall deliver $4,750,000 into the qualified settlement fund established by Class Counsel through the Settlement Administrator, subject to Paragraph 15 below, by wire transfer at its own expense or by cashier’s check or some other mutually agreeable form of payment. The account shall be labeled “Xxxxx Class Action Qualified Settlement Fund.” This payment is the only payment that shall ever be required of Alltru.
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Cash Fund. The Funds referred to in clauses (f), (g), (i) and (j) are not required to be separate accounts but may be maintained as subaccounts of the Revenue Fund. To the extent the Debt Service Reserve Fund is fully funded or the amounts in such Fund, together with the Debt Service Reserve Letter of Credit, equal the Debt Service Reserve Required Balance, interest on the amounts in such Funds shall be transferred to the Revenue Fund. The following six sub-funds are hereby established and created within the Loss Proceeds Fund:
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Cash Fund. No later than five days after the Court enters an order granting preliminary approval of the Settlement, Fastenal will establish a non-reversionary cash fund in the amount of $1,300,000 (the "Cash Fund"), and will transfer the full amount of the Cash Fund to a bank account designated and maintained by the Settlement Administrator for purposes of this Settlement.
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Cash Fund. 10.1.1 Clause 5.4 of the Transaction specifies that CGQL and QDLSA will each contribute monies annually for course and infrastructure improvements.
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Related to Cash Fund

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

  • Cash Distributions Whenever the Depositary receives confirmation from the Custodian of the receipt of any cash dividend or other cash distribution on any Deposited Securities, or receives proceeds from the sale of any Deposited Securities or any other entitlements held in respect of Deposited Securities under the terms hereof, the Depositary will (i) if at the time of receipt thereof any amounts received in a Foreign Currency can in the judgment of the Depositary (pursuant to Section 4.8) be converted on a practicable basis into Dollars transferable to the United States, promptly convert or cause to be converted such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.8), (ii) if applicable, establish the ADS Record Date upon the terms described in Section 4.9, and (iii) distribute promptly the amount thus received (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes withheld) to the Holders entitled thereto as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date. The Depositary shall distribute only such amount, however, as can be distributed without attributing to any Holder a fraction of one cent, and any balance not so distributed shall be held by the Depositary (without liability for interest thereon) and shall be added to and become part of the next sum received by the Depositary for distribution to Holders of ADSs outstanding at the time of the next distribution. If the Company, the Custodian or the Depositary is required to withhold and does withhold from any cash dividend or other cash distribution in respect of any Deposited Securities an amount on account of taxes, duties or other governmental charges, the amount distributed to Holders on the ADSs representing such Deposited Securities shall be reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the Depositary to the relevant governmental authority. Evidence of payment thereof by the Company shall be forwarded by the Company to the Depositary upon request.

  • Tax Funds 49 Section 9.2. Insurance Premium Funds..........................................50 Section 9.3. Ordinary Capital Expenditures Funds..............................51

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

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