Fixed Contribution definition
Examples of Fixed Contribution in a sentence
The Fixed Contribution shall be adjusted annually commencing with the creation of the Fund based upon the increase or decrease of the Consumer Price Index (as defined in Section 7.2 above) during the preceding twelve (12) month period but shall never be less than the above-stated amount.
In the event the Landlord does create and maintain the Fund, ▇▇▇▇▇▇ agrees to contribute to such Fund, beginning upon the later to occur of (a) the Commencement Date, or (b) the date the Fund is created, the Promotional Fund Fixed Contribution set forth in Article I, payable in equal monthly installments, in advance, on the first day of each and every month (pro rated for partial months).
In the event Landlord does create and maintain the Fund, Tenant agrees to contribute to such Fund, beginning upon the later to occur of (a) the Commencement Date, or (b) the date the Fund is created, [***] per square foot of Store Floor Area, during each calendar year of the Lease Term (hereinafter referred to as "Fixed Contribution") payable in equal monthly installments , in advance, on the first day of each and every month (pro rated for partial months).
The Fixed Contribution shall be increased annually commencing with the creation of the Fund based upon the increase of the Consumer Price Index (as defined below) during the preceding twelve (12) month period, not to exceed five percent (5%) per annum on a cumulative basis.
The Fixed Contribution payable by Tenant in the event that a Marketing Fund is established shall be increased annually beginning with the second year of the Marketing Fund at the rate of six percent (6%).
The Fixed Contribution Towards Development Charges shall be paid at the following rates through a cheque payable at par/demand draft in favour of ‘Nimbua Greenfield (Punjab) Limited’ payable at Chandigarh/par.
At December 31, 2013 and 2012, the System’s liability to the Fixed Contribution Plan was $3,786 and $3,709, respectively.
The cash contribution to the Fixed Contribution Plan for the prior- year liability in 2013 and 2012 was $3,527 and $1,987, respectively.
The Service User will pay the Service User Fixed Contribution for a period of up to six weeks from admission.
In the event Landlord does create and maintain the Fund, Tenant agrees to contribute to such Fund, beginning upon the later to occur of (a) the Commencement Date, or (b) the date the Fund is created, the greater of (a) $2.00 per square foot of Store Floor Area, or (b) $2,000.00 during each calendar year of the Lease Term (hereinafter referred to as "Fixed Contribution") payable in equal monthly installments, in advance, on the first day of each and every month (pro rated for partial months).