Subsequent Sales and Contributions Clause Samples

The "Subsequent Sales and Contributions" clause governs the process and terms under which additional sales of interests or further capital contributions may occur after the initial agreement is in place. Typically, this clause outlines the conditions for admitting new investors, the procedures for existing parties to increase their investment, and any limitations or approvals required for such transactions. By clearly defining how future sales or contributions are handled, the clause ensures transparency and prevents disputes over ownership changes or dilution, thereby maintaining orderly management of the entity or investment.
Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of NPL) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.
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Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights obtained by Seller shall be, and shall be deemed to have been, sold or contributed by Seller to the Buyer immediately (and without further action) upon the creation of such Receivable.
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Subsequent Sales and Contributions. Subject to the terms and conditions hereof, on each day following the date hereof (or, with respect to any Seller that becomes a Seller after the Closing Date, the related Seller Addition Date), each Seller shall sell, transfer and assign, or in the case of SSCE (and in SSCE’s discretion), contribute to SRC, and SRC shall acquire from each Seller, all of the Receivables (other than Excluded Receivables) and the SA Transferred Assets related to all of the Receivables (other than Excluded Receivables) owned by such Seller on such day and not previously sold hereunder. Each SA Transfer shall be made without recourse to the applicable Seller except as specifically provided herein. All sales by Sellers hereunder shall cease on the Agreement Termination Date. Each Daily Report shall specify the amount of SA Receivables contributed to SRC on the related SA Transfer Date.
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Subsequent Sales and Contributions. On each Business Day after the date hereof, each Originator shall sell or (at the option of P66 Company) contribute and Buyer shall acquire or accept, as applicable, all of such Originator’s right, title, and interest in and to all Receivables generated by such Originator which have not previously been sold or contributed to the Buyer arising through and including the Sale and Contribution Termination Date, together with all Related Rights relating thereto. The Buyer shall be obligated to pay the Purchase Price for the Receivables purchased hereunder in accordance with Section 3.1. In connection with the acquisition of Receivables hereunder, the Buyer may request that the applicable Originator deliver, and such Originator shall deliver, such approvals, opinions, information, reports or documents as the Buyer may reasonably request.
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Related to Subsequent Sales 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.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.

  • 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.