Funding Mechanism. The Sponsor’s designation of available investment options under paragraphs (a) and (b) above, the maintenance of accounts for each Participant under the Plan and the crediting of investments to such accounts, and the exercise by Participants of any powers relating to notional investments are solely for the purpose of providing a mechanism for measuring the obligation of the Sponsor to any particular Participant under the Plan. As further provided in the Agreement, no Participant or beneficiary will have any preferential claim to or beneficial ownership interest in any asset or investment held in the Trust, and the rights of any Participant and his or her beneficiaries under the Plan and the Agreement are solely those of an unsecured general creditor of the Sponsor with respect to the benefits of the Participant under the Plan.
Funding Mechanism. 1. Subject to the availability of funds authorized and made available by each Party’s government and subject to paragraph 2 of this Section, funding for the activities under this Implementation Agreement shall be borne by the Parties, to help ensure the long-term and stable financial support to move the objectives of the Center forward. Private industry and academia also may provide funding in accordance with written terms to be mutually decided by the Parties.
Funding Mechanism. 60 10.4 Exclusive Remedy..........................................................................60 10.5
Funding Mechanism. Any payment to be made to the Buyer Indemnitees or the Pro-Fac Indemnitees pursuant to this Article X shall be effected by wire transfer of immediately available funds from Pro-Fac or Buyer, as the case may be, to an account designated in writing by Buyer or Pro-Fac, as the case may be, within 30 days after the determination of the amount due; provided, that Pro-Fac may in lieu of such payment in immediately available funds elect, within 30 days after the determination of the amount due, in a written notice to Buyer and the Company, to either (i) instruct the Company to set off any such amount due from Pro-Fac against future payments due to Pro-Fac from the Company either (A) under the Termination Agreement, or (B) under accounts payable existing in Pro-Fac's favor at that time for crops purchased by the Company pursuant to the Amended and Restated Marketing and Facilitation Agreement, in each case, in the order that such payments become due, or (ii) surrender to the Company that number of Pro-Fac Common Units (the "Surrendered Units") which when multiplied by a fraction, the numerator of which is the Common Unit Purchase Price and the denominator of which is the number of newly-issued Common Purchase Units is equal to the amount due (provided, that this option to surrender Pro-Fac Common Units shall not be available to Pro-Fac, unless at the time that any amount due is payable hereunder for which Pro-Fac intends to surrender Pro-Fac Common Units, the Company has realized EBITDA of at least $135,000,000 for the last twelve month period, ending on the last day of the month that precedes the month in which the determination of the amount due has been made). If Pro-Fac elects to satisfy any amount due to the Buyer Indemnitees with Surrendered Units, the notice required in the proviso above shall have attached to it Pro-Fac's original unit certificate, if any, and a unit transfer power executed in blank, if certificated units have been issued. Holdings LLC shall, in the event that Pro-Fac surrenders a unit certificate for shares of Pro-Fac Common Units in excess of the Surrendered Units, execute and deliver a new certificate of like kind for that number of excess Pro-Fac Common Units. Any indemnification payments shall be made together with interest accruing thereon from the date written notice of the indemnification claim is made to the date of payment at a fluctuating Borrowing Rate.
Funding Mechanism. The funding mechanisms available hereunder for Qualified Projects will consist of two components (“Funding Package”):
Funding Mechanism. Cooperative Agreement Anticipated Total Available Funding: $6,211,000 per year Estimated Number of Awards: 1 Estimated Award Amount: $6,211,000 year Length of Project Period: Up to 3 years Proposed budgets cannot exceed $6,211,000 per year in total costs (direct and indirect) in any year of the proposed project. Applicants will be expected to submit one budget. The proposed budget must include a separate column for the use of Lifeline funds not to exceed $5,288,000 and DDH not to exceed $923,000 funds. Grantees will be expected to track and report the Lifeline and DDH funds separately. Annual continuation awards will depend on the availability of funds, grantee progress in meeting project goals and objectives, timely submission of required data and reports, and compliance with all terms and conditions of award. Cooperative Agreement These awards are being made as cooperative agreements because they require substantial post-award federal programmatic participation in the conduct of the project. Under this cooperative agreement, the roles and responsibilities of grantees and SAMHSA staff are: Role of Grantee: Seek SAMHSA approval for key positions to be filled. Key positions include project director; associate project director; director of standards, training, and practices; and director of information technology. Seek SAMHSA approval of hotline, chat, and text networking systems prior to implementation and accept SAMHSA proposed modifications. Consult with and accept guidance from XXXXXX staff on performance of activities to achieve goals of the cooperative agreement. Report connectivity data electronically on calls, chats, and text received throughout the Network to SAMHSA on a weekly basis. Respond to requests for information from SAMHSA. Manage the multiple SAMHSA toll-free telephone numbers through the end of the cooperative agreement period and relinquish control of the telephone numbers to SAMHSA or to another organization, if required. Manage the Lifeline and DDH websites, chat platform, mobile communication system, and social media sites through the end of the cooperative agreement period and relinquish control of the platform, system, and social media sites to SAMHSA or another organization, if required. Coordinate with XXXXXX’s Suicide Prevention Branch to rapidly follow up on letters or e-mails to the White House or other Federal officials that communicate suicide risk. Participate in monthly grantee calls with XXXXXX and key Li...
Funding Mechanism. The founder will provide 400Ha of cleared farmland from one of her very many plots of lands and lease it to members of the cooperative. will also lease 6,000MT capacity silo as equity contribution Equity investor to provide equity for equipment and vehicles purchase Where possible equity investor to provide equity for working capital or otherwise secure loan at the rate of 7q% through government intervention window at the Bank of Agriculture, Bank of Industry and Commercial banks.
Funding Mechanism. Almat will provide the 200Ha of farmland for the building of the shed in the farm and lease it to members of the cooperative. Almat will also help in the distribution of the fertilizers. Also, the equity investor to provide equity for the equipment’s and vehicles purchase. The possible equity investor will also provide equity for the working capital or secure a loan at the rate 0f 4% through the government intervention window at the bank of agriculture and commercial banks.
Funding Mechanism. Cooperative Agreement Estimated Total Available Funding: $105,000,000 Estimated Number of Awards: Up to 56 Estimated Award Amount: $105,000,000 to states and territories. For accepted proposals, funding will be awarded based upon a formula using FY 2021 Lifeline calls received across states and territories. Appendix M lists the FY 2021 call volume and maximum funding amount each state and territory can request for the grant period. Length of Project Period: 2 years Anticipated Start Date: 04/30/2022 Proposed budgets cannot exceed the maximum total amount identified in Appendix M for the state or territory represented in total costs (direct and indirect) for the entire 2-year project period.
Funding Mechanism. 4.1 Agria Parent and New Hope will promptly and diligently consult together in good faith in order to agree and implement a fair and equitable arrangement under which Agria bvi and Agria Singapore will be funded (Funding Arrangement) so as to satisfy the funding obligations of Agria Parent and New Hope under clause 3.
