EG CAPITAL GRANT Sample Clauses

EG CAPITAL GRANT. Comcast shall provide the Township with a one-time EG capital grant to be used in support of the production of local EG Channel programming. The Township shall ensure the use of the capital grant is consistent with federal law. The EG grant provided by Comcast shall be in the amount of $16,572.00 (sixteen-thousand, five hundred seventy-two dollars and zero cents). Such grant is to be paid to the Township within ninety (90) days of the Effective Date. Pursuant to federal law, such capital grant shall not be offset against Franchise Fees remitted or due to the Township. Comcast and the Township agree that the cost of such grant may be designated as a “cost of franchise requirements” or “external cost” as defined by the FCC and Comcast reserves its right to pass these costs through to the Subscribers.
Sample 1
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EG CAPITAL GRANT. Comcast shall provide the County with a one-time EG capital grant to be used in support of capital costs related to the production of local EG Channel programming. The County shall ensure the use of the capital grant is consistent with federal law. The EG grant provided by Comcast shall be in the amount of Ten Thousand Dollars ($10,000). Such grant is to be paid to the County within one hundred twenty (120) days of the Effective Date. Pursuant to federal law, such capital grant shall not be offset against Franchise Fees remitted or due to the County. Comcast and the County agree that the cost of such grant may be designated as a “cost of franchise requirements” or “external cost” as defined by the FCC and Comcast reserves its right to pass these costs through to the Subscribers.
Sample 1
EG CAPITAL GRANT. Comcast shall provide the Borough with a one-time EG capital grant to be used in support of the production of local Education and/or Government Channel programming. The EG capital grant shall be in the amount of two thousand three hundred ($2,300) dollars. Such grant shall be paid within ninety (90) days of the Effective Date and upon written request of the Borough. Pursuant to federal law, such capital grant shall not be offset against Franchise Fees remitted or due to the Borough. Comcast and the Borough agree that the cost of such grant may be designated as a “cost of franchise requirements” or “external cost” as defined by the FCC and Comcast reserves its right to pass these costs through to the Subscribers.
Sample 1
EG CAPITAL GRANT. Comcast shall provide the Township with a one-time EG capital grant to be used in support of the production of local EG Channel programming. The Township shall ensure the use of the capital grant is consistent with federal law. The EG grant provided by Comcast shall be in the amount of $2,910.00. Such grant is to be paid to the Township within ninety (90) days of the Effective Date of this Agreement. Pursuant to federal law, such capital grant shall not be offset against Franchise Fees remitted or due to the Township. Comcast and the Township agree that the cost of such grant may be designated as a “cost of franchise requirements” or “external cost” as defined by the FCC and Comcast reserves its right to pass these costs through to the Subscribers SECTION 8
Sample 1
EG CAPITAL GRANT. (a) Comcast shall pay an amount equal to 0.17% of the Gross Revenues received from the operation of the Cable System to provide Cable Service in the Franchise Area to be used for capital expenses related to the EG Channels. The EG Capital Grant payments shall be made within forty-five (45) days following the end of each of the first three calendar quarters and sixty (60) days after the fourth calendar quarter. Specifically, payments shall be made on or before May 15, August 15, November 15 and March 1.
Sample 1
EG CAPITAL GRANT. (a) During the first four (4) years of this Agreement, Grantee shall pay a flat fee EG capital grant each year, based on the number of Housing Units (as defined in Section 7.3(d)) such term in the Township, as shown in the table below with the timing of such flat fee payments to be made as follows: for the first year within thirty (30) days of the Effective Date and for the second through and including fourth years within thirty (30) days of the anniversary date of this Agreement. For the first two (2) years of this Agreement, Grantee shall pay the full amount of the flat fee. In the third year, Grantee shall pay the greater of: (i) the flat fee or (ii) 50% of the flat fee plus a percentage of Gross Revenue as set forth in Sections 7.3 (b) – (c). In the fourth year, Grantee shall pay the greater of: (i) the flat fee or (ii) 25% of the flat fee plus a percentage of Gross Revenue as set forth in Sections 7.3 (b) – (c).
Sample 1
EG CAPITAL GRANT. Comcast shall provide the Borough with a one-time EG capital grant to be used in support of the production of local EG Channel programming. The Borough shall ensure the use of the capital grant is consistent with federal law. The EG grant provided by Comcast shall be in the amount of three thousand ninety-six dollars ($3,096.00). Such grant is to be paid to the Borough within ninety (90) days of the Effective Date of this Agreement. Pursuant to federal law, such capital grant shall not be offset against Franchise Fees remitted or due to the Borough. Comcast and the Borough agree that the cost of such grant may be designated as a “cost of franchise requirements” or “external cost” as defined by the FCC and Comcast reserves its right to pass these costs through to the Subscribers.
Sample 1
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Related to EG CAPITAL GRANT

  • CAPITAL GRANT 3.1 Pursuant to clause 38 of the Master Funding Agreement, the Secretary of State may, in his absolute discretion provide Capital Expenditure funding in accordance with any arrangements he considers appropriate.

  • Parental Grant (a) The parental grant is payable to a principal on production of a birth certificate or evidence of an approved adoption placement. This entitlement is payable if the principal qualifies for primary carer leave (refer the Parental Leave and Employment Protection Act 1987) or resigns because of pregnancy or adoption, except as follows: the parental grant is not payable where a principal has not produced a medical certificate confirming pregnancy, or confirmation from the relevant government department of suitability as an adoptive parent, before commencing leave or resigning. No provision is made for payment of a parental grant in the case of a miscarriage.

  • Equity Financing If there is an Equity Financing before the expiration or termination of this instrument, the Company will automatically issue to the Investor a number of shares of Safe Preferred Stock equal to the Purchase Amount divided by the Conversion Price. In connection with the issuance of Safe Preferred Stock by the Company to the Investor pursuant to this Section 1(a):

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Liquidity Event If there is a Liquidity Event before the termination of this Safe, this Safe will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds, due and payable to the Investor immediately prior to, or concurrent with, the consummation of such Liquidity Event, equal to the greater of (i) the Purchase Amount (the “Cash-Out Amount”) or (ii) the amount payable on the number of shares of Common Stock equal to the Purchase Amount divided by the Liquidity Price (the “Conversion Amount”). If any of the Company’s securityholders are given a choice as to the form and amount of Proceeds to be received in a Liquidity Event, the Investor will be given the same choice, provided that the Investor may not choose to receive a form of consideration that the Investor would be ineligible to receive as a result of the Investor’s failure to satisfy any requirement or limitation generally applicable to the Company’s securityholders, or under any applicable laws. Notwithstanding the foregoing, in connection with a Change of Control intended to qualify as a tax-free reorganization, the Company may reduce the cash portion of Proceeds payable to the Investor by the amount determined by its board of directors in good faith for such Change of Control to qualify as a tax-free reorganization for U.S. federal income tax purposes, provided that such reduction (A) does not reduce the total Proceeds payable to such Investor and (B) is applied in the same manner and on a pro rata basis to all securityholders who have equal priority to the Investor under Section 1(d). In connection with Section 1(b)(i) , the Purchase Amount will be due and payable by the Company to the Investor immediately prior to, or concurrent with, the consummation of the Liquidity Event. If there are not enough funds to pay

  • Authorized Capital The authorized capital of the Acquirer consists of 200 shares of common stock, $0.0001 par value, of which one share of common stock is presently issued and outstanding;

  • ISSUE OF REPLACEMENT NOTES, COUPONS AND TALONS 13.1 The Issuer will cause a sufficient quantity of additional forms of Notes, Coupons and Talons to be available, upon request, to the Agent at its specified office for the purpose of issuing replacement Notes, Coupons and Talons as provided below.

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

  • Debt and Stock Redemption 2. (a) Bancorp and any nonbank subsidiary shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank and the DFCS. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.

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