Additional Capital Contributions Sample Clauses

Additional Capital Contributions. The General Partner, on behalf of the Partnership, may obtain any Additional Funds by accepting Capital Contributions from any Partners or other Persons. In connection with any such Capital Contribution (of cash or property), the General Partner is hereby authorized to cause the Partnership from time to time to issue additional Partnership Units (as set forth in Section 4.2 above) in consideration therefor and the Percentage Interests of the General Partner and the Limited Partners shall be adjusted to reflect the issuance of such additional Partnership Units.
Additional Capital Contributions. The Member shall not be obligated to make additional Capital Contributions to the Company.
Additional Capital Contributions. No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.
Additional Capital Contributions. The Members shall have the right, but shall not be obligated, to contribute any additional funds essential to conducting Company operations in such amounts and proportions as the Original Member determines.
Additional Capital Contributions. With the consent of the General Partner, any Limited Partner may, but shall not be obligated to, make additional Capital Contributions to the Partnership. Contemporaneously with the making of any Capital Contributions by a Limited Partner, in addition to those provided in Sections 5.1 and 5.2, the General Partner shall be obligated to make an additional Capital Contribution to the Partnership in an amount equal to 0.001 divided by 99.999 times the amount of the additional Capital Contribution then made by such Limited Partner. Except as set forth in the immediately preceding sentence and in Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.
Additional Capital Contributions. Except to the extent required under the Act, no Member shall be required at any time to make any additional contributions to the capital of the Company.
Additional Capital Contributions. Subject to Section 6.1(b)(vi), the Managing General Partner shall determine whether and to what extent the Partners shall contribute additional amounts to the capital of the Partnership. Each Partner shall contribute to the Partnership as an additional Capital Contribution (an "Additional Capital Contribution"), an amount equal to its respective Percentage Interest multiplied by the aggregate amount that the Managing General Partner determines shall be contributed on the date scheduled by the Managing General Partner. Each Additional Capital Contribution shall be made in cash. Additional Capital Contributions shall include all Capital Contributions required for the Partnership to purchase the Units pursuant to the Offer, as it may be modified in accordance with Section 3.2 hereof, plus all Tender Costs. The right of the Managing General Partner to require any Additional Capital Contribution shall not be construed as conferring any rights or benefits upon any person not a party to this Agreement. In the event that a Partner (the "Delinquent Partner") fails to contribute to the Partnership all or any portion of an Additional Capital Contribution on the date scheduled for such contribution, the other Partners may at their option, exercisable within five days after such date, (a) advance to the Partnership, on a fully recourse basis to the Partnership, for the account of the Delinquent Partner the amount of such deficiency, (b) request the Partnership to return to such Partner all or the portion of the Additional Capital Contribution made by the Partner that corresponds to the Additional Capital Contribution that the Delinquent Partner failed to make or (c) make a contribution to the Partnership equal to, and in lieu of, the Delinquent Partner's Additional Capital Contribution, in which event the Capital Account and the Percentage Interest of the Delinquent Partner shall be reduced by one-half, such reduction to be reallocated as an increase to the Capital Account and Percentage Interest of the Advancing Partners (as hereinafter defined) -10- 16 proportionately in accordance with their Percentage Interests immediately prior thereto. If the option referred to in clause (b) is exercised, the Partnership shall return such Additional Capital Contribution to the Partner within five days after the date of such exercise. If the option referred to in clause (a) is exercised, the amount advanced by the Partner (the "Advancing Partner") on behalf of the Delinquent Partn...
Additional Capital Contributions. If, at any time and from time to time after the Closing Contributions required to be contributed pursuant to Article 3 have been contributed to the LLC, Administrative Member determines that additional funds are necessary to meet the needs or obligations of the LLC or any of its Subsidiaries, but solely to the extent of costs and expenses that: (a) are related to any Emergency, (b) are described and set forth in the Approved Budget or Approved Business Plan (but solely to the extent that the Approved Budget or Approved Business Plan provides that Additional Capital Contributions will be required to fund such costs and expenses), (c) are needed to pay for (i) any uncontested liability or obligation of a Member or an Affiliate of a Member under any Guaranty in accordance with Section 6.13 or by the LLC to pay any uncontested obligation guaranteed under a Guaranty for which the LLC is the primary obligor, or (ii) to make any payment due or perform any obligation of any Subsidiary under the Loan Documents or Franchise Agreement, and/or (e) subject to the Condor Member’s approval, are otherwise necessary in the Administrative Member’s judgment, the Administrative Member shall have the right to deliver a Notice to the Members (a “Capital Call Notice”) that additional cash Capital Contributions (“Additional Capital Contributions”) are required to be made to the LLC in the amount of such additional funds. If, at any time and from time to time after the Closing Contributions have been contributed to the LLC, Condor Member reasonably determines that additional funds are necessary for any of the purposes described in (a) to (e) above or to meet the operational needs or the obligations of the LLC or its Subsidiaries, then Condor Member shall have the right to deliver a Capital Call Notice for Additional Capital Contributions to the Members. Each Capital Call Notice shall specify in writing (A) the specific purpose for which the Additional Capital Contributions are required, (B) the aggregate amount of the Additional Capital Contributions being called, (C) each Member’s share of such Additional Capital Contributions, and (D) the due date for funding such Additional Capital Contributions, which due date shall not be less than ten (10) Business Days (or such sooner date as required with respect to any Emergency) after the date on which such Capital Call Notice is given. Each Member shall fund its share of each Additional Capital Contribution on or prior to the due date s...
Additional Capital Contributions. No Member shall be required to make any additional capital contribution to the Company in respect of the Interests then owned by such Member. A Member may make further capital contributions to the Company, but only with the written consent of the Board acting by majority vote. The provisions of this Section 6.3 are intended solely to benefit the Members and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any additional capital contributions or to cause the Board to consent to the making of additional capital contributions.
Additional Capital Contributions. The Member shall not be required to make any additional capital contributions to the Company. The Member may make additional capital contributions to the Company at such times and in such amounts as it deems appropriate.