Project Funds and Contributions Clause Samples

Project Funds and Contributions. (a) Each Project Participant will pay its Cash Contributions to the CRC Entity at the times and in the manner specified in accordance with the Core Participants Agreement, as may be restated in the Project Plan. (b) Each Project Party must make its non-cash Project Contributions (as set out in Item a of Annexure 2) available to the Project at the times and in the manner set out in the Project Plan, which will be valued in accordance with the approved FTE values under the Grant Agreement and must exclude the value of Intellectual Property contributions. (c) Subject to clauses 4.1(d) and 4.1(e), the CRC Entity will pay the Project Funds to the Project Participants in accordance with the Project Plan, Project Budget and this Agreement.
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Project Funds and Contributions. 5.1 Subject to clauses 5 and 20, the Lead Agent must pay the Project Funds to the Operating Institution from the IMOS Funds in the manner set out in the Project Plan. 5.2 Each Project Participant must make its Contribution to the IMOS Project for the purpose of pursuing the IMOS Project in the manner set out in the Project Plan or as otherwise reasonably required to ensure the Milestones and Project Objectives are met. 5.3 The Operating Institution will enter into any agreements it deems necessary to secure contributions from third parties. 5.4 The Lead Agent may, on direction of the Governing Board, withhold a payment to the Operating Institution under clause 5.1 if the Operating Institution is primarily responsible for a Milestone that has not been met or a Deliverable that has not been delivered until such time as the Milestone is met or the Deliverable is delivered to the reasonable satisfaction of the Governing Board. 5.5 If IMOS Funds are identified as unexpended in the Financial Statement provided at the Project Completion Date, those funds must be repaid to the Lead Agent.
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Related to Project Funds and Contributions

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

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • 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.

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.