Amount Timing and Form Sample Clauses

The "Amount, Timing and Form" clause defines the specific sum to be paid, the schedule or deadlines for payment, and the manner in which payment must be made under an agreement. For example, it may specify that a party must pay $10,000 within 30 days of invoice receipt, and that payment must be made via wire transfer. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes over payment terms and helping to manage cash flow expectations.
Amount Timing and Form. Except as specifically set forth otherwise, distributions may be made as, when, and if determined by the General Partner, in its sole and absolute discretion. Any distributions to the Partners may be made in cash, in kind (including securities, property, or other assets), or in any combination thereof, as determined by the General Partner in its sole and absolute discretion. It is expected that no cash proceeds will be available to the Partnership except in connection with the repayment of Loans, and it is further anticipated that, during the Investment Period, any repaid loan principal will be reinvested rather than distributed. Payments made by Additional Limited Partners pursuant to Section 9.09 are not subject to the distribution provisions set forth below.
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Amount Timing and Form. (a) The Advisory Committee, after soliciting the recommendation of the Managing Member, shall determine the amount, timing and form (including whether such distribution shall be made in cash or in securities) of all distributions made by the Company and the decision of the Advisory Committee shall be binding upon the Members. Notwithstanding the foregoing, the Advisory Committee shall cause the Company to distribute the net proceeds from the disposition of Portfolio Securities within ten (10) days after the end of the fiscal quarter in which such disposition occurs. (b) Unless otherwise determined by the Advisory Committee, each class of securities to be distributed in kind shall be distributed to the Members in proportion to their respective shares of the proposed distribution as provided in Section 10.02, except to the extent that a disproportionate distribution of such securities is necessary in order to avoid distributing fractional shares. For purposes of the preceding sentence, each lot of stock or other securities having a separately identifiable tax basis or holding period shall be treated as a separate class of securities. (c) Notwithstanding anything to the contrary set forth herein, in the event that the distribution of securities to any Member would result in the recognition of gain by any Member under federal, state or local income tax laws, the Advisory Committee, in its sole discretion, shall have the authority to make such adjustments to the amounts distributable to the Members under this Article X as it may deem to be necessary or appropriate, including but not limited to causing the Company to refrain from making any distribution of securities to any Member.
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Amount Timing and Form 
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Related to Amount Timing and Form

  • Repayment of Amounts Advanced for Network Upgrades Upon the Commercial Operation Date, the Interconnection Customer shall be entitled to a repayment, equal to the total amount paid to the Participating TO for the cost of Network Upgrades. Such amount shall include any tax gross-up or other tax-related payments associated with Network Upgrades not refunded to the Interconnection Customer, and shall be paid to the Interconnection Customer by the Participating TO on a dollar-for- dollar basis either through (1) direct payments made on a levelized basis over the five- year period commencing on the Commercial Operation Date; or (2) any alternative payment schedule that is mutually agreeable to the Interconnection Customer and Participating TO, provided that such amount is paid within five (5) years from the Commercial Operation Date. Notwithstanding the foregoing, if this Agreement terminates within five (5) years from the Commercial Operation Date, the Participating TO’s obligation to pay refunds to the Interconnection Customer shall cease as of the date of termination. Any repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this Agreement is in effect. The Interconnection Customer may assign such repayment rights to any person. If the Small Generating Facility fails to achieve commercial operation, but it or another Generating Facility is later constructed and makes use of the Network Upgrades, the Participating TO shall at that time reimburse Interconnection Customer for the amounts advanced for the Network Upgrades. Before any such reimbursement can occur, the Interconnection Customer, or the entity that ultimately constructs the Generating Facility, if different, is responsible for identifying the entity to which reimbursement must be made.

  • Are There Penalties for Early Distribution from a ▇▇▇▇ ▇▇▇ As indicated above, earnings on your contributions, as well as amounts contributed to a ▇▇▇▇ ▇▇▇ as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about ▇▇▇▇ ▇▇▇ rules and restrictions.