Contingency Amount Clause Samples

Contingency Amount. (a) You may wish to set aside part of your individualised budget as a contingency amount for emergencies, unplanned events or increased care needs which may arise in the future. (b) If you and we agree to set aside a contingency amount: (i) we will identify the contingency amount on your individualised budget; (ii) if there is any contingency amount remaining in the event we cease providing Home Care to you, the contingency amount will be calculated and transferred as part of the Unspent Home Care Amount in accordance with clause 7.8 below.

Contingency Amount. Section 2.5.1.2

Contingency Amount. A. Grantee understands that, of the maximum dollar obligation listed in Section 5.1 of this Agreement, $0 is included as a contingency amount and is neither to be used in Program Budgets attached to this Appendix, or available to Contractor without a modification to this Agreement executed in the same manner as this Agreement or a revision to the Grant Budgets of Appendix B, which has been approved by Contract Administrator. Contractor further understands that no payment of any portion of this contingency amount will be made unless and until such modification or budget revision has been fully approved and executed in accordance with applicable City and Department of Public Health laws, regulations and policies/procedures and certification as to the availability of funds by Controller. Contractor agrees to fully comply with these laws, regulations, and policies/procedures.

Contingency Amount. A contingency of Dollars ($ ) (“Contingency”) is included in the Guaranteed Project Cost and may be used at the Contractor's request only upon obtaining the District's prior written approval consistent with the requirements herein.

Contingency Amount. As soon as practicable, and in no event more ------------------ than the sixtieth (60th) day following the Closing Date, if, and only if, the Sellers have complied with, and are in compliance with, the covenants of the Sellers set forth in Section 6.16 hereto, as certified in writing by Seller within such sixty (60) day period Buyer shall pay to the Sellers by wire transfer upon such wire instructions delivered by ICS to Buyer at least two (2) business days prior to such anniversary, the Contingency Amount.

Contingency Amount. Purchaser will pay to the Members’ Representative, by wire transfer of immediately available funds to an account designated in writing by the Members’ Representative, an amount equal to $500,000.00 (the “Contingency Amount”). The Contingency Amount will be used, in the sole and absolute discretion of the Members’ Representative, to pay the costs and expenses, if any, incurred by the Members’ Representative in accordance with or otherwise related to this Agreement and the Escrow Agreement and the transactions contemplated hereby and thereby, and any other costs or expenses incurred by the Members’ Representative in the performance of its obligations as the Members’ Representative. The retention by the Members’ Representative of any amounts in the Contingency Amount shall not be used as evidence that the Members have any liability hereunder. Any amounts received by the Members’ Representative, in its capacity as such, may be used at the Members’ Representative’s discretion to increase the Contingency Amount. If the Members’ Representative determines to release all or a portion of the Contingency Amount, such amounts will be distributed to the Members in accordance with the proportions set forth in the Closing Consideration Spreadsheet.

Contingency Amount. On the first anniversary of the Closing Date, Purchaser shall pay to Seller, in immediately available funds by wire transfer to such account as Seller may designate in writing, the sum of Three Hundred Fifty Thousand Dollars ($350,000.00) (the "Contingency Amount"), less such amount as Purchaser may set off against the Contingency Amount pursuant to Section 13.10, hereof, together with interest on the amount so paid from the Closing Date to the date paid at the rate of ten percent (10%) per annum.

Contingency Amount. The Contingency Amount is equal to the sum of the Monthly Margin for each calendar month during an Annual Payment Period, where the Monthly Margin = Refinery Crude Throughput × Threshold Margin × 0.20

Contingency Amount. (a) In the event that the consent set out in Part A of schedule 16 has not been obtained prior to the Completion Date, the provisions set out in that schedule will apply. (b) Each of the Sellers, the Company, the Buyer and Vignette must do all that they are reasonably able to do (which, without limitation, would not include the payment of any money by Vignette, the Buyer or any Group Company) to obtain the consent set out in Part A of schedule 16 including but not limited to the matters set out in Part B of schedule 16 and the matters set out in clause 3.7 of the draft agreement comprising schedule 17.