Increased Contributions Clause Samples

The Increased Contributions clause allows for the adjustment of the amount or frequency of contributions required under an agreement, typically in response to specific triggers or changing circumstances. For example, this clause may permit a party to increase its financial contributions if project costs rise or if additional funding is needed to meet certain objectives. Its core practical function is to provide flexibility and ensure that sufficient resources are available to fulfill the agreement’s goals, thereby addressing the risk of underfunding or unforeseen expenses.
Increased Contributions. Borrower, any Guarantor, or any other member of the Controlled Group shall have been notified by the sponsor of a Multiemployer Plan that such Multiemployer Plan is in reorganization, if as a result of such reorganization the aggregate annual contributions of Borrower, Guarantors and the other members of the Controlled Group (taken as a whole) to all Multiemployer Plans which are then in reorganization have been or will be increased over the amounts contributed to such Multiemployer Plans for the respective plan years of each such Multiemployer Plan immediately preceding the plan year in which the reorganization occurs by an amount exceeding $5,000,000.
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Increased Contributions. 69 10.11 Change in Control..............................................................................69 10.12 Dissolution....................................................................................69 10.13 Guaranty.......................................................................................69 10.14
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Increased Contributions. 71 10.11 Change in Control..............................................................................71 10.12 Dissolution....................................................................................71 10.13 Guaranty.......................................................................................71 10.14 Consolidated Tangible Net Worth Covenant.......................................................71 10.15 No Defaults....................................................................................71 ARTICLE XI ACCELERATION, WAIVERS, AMENDMENTS AND REMEDIES.......................................................72
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Related to Increased Contributions

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.