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. 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)
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 0.10 divided by 99.9 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. The assets of the Company are expected to generate a return sufficient to satisfy all obligations of the Company under this LLC Agreement and the Basic Documents and any other obligations of the Company. It is expected that no capital contributions to the Company will be necessary after the purchase of the Recovery Property. On or prior to the date of issuance of any series of Recovery Bonds, the Member shall make an additional contribution to the Company in an amount equal to at least 0.50% of the initial principal amount of such series or such greater amount as agreed to by the Member in connection with the issuance by the Company of the Recovery Bonds, which amount the Company shall deposit into the capital subaccount of the applicable Collection Account established by the Indenture Trustee as provided under the applicable Indenture relating to such series of Recovery Bonds. No capital contribution by the Member to the Company will be made for the purpose of mitigating losses on Recovery Property that has previously been transferred to the Company, and all capital contributions shall be made in accordance with all applicable limited liability company procedures and requirements, including proper record keeping by the Member and the Company. Each capital contribution will be acknowledged by a written receipt signed by any one of the Managers. The Managers acknowledge and agree that, notwithstanding anything in this LLC Agreement to the contrary, such additional contribution will be invested only in Eligible Investments, and all income earned thereon shall be allocated or paid by the Indenture Trustee in accordance with the provisions of the related Indenture under which such contribution is held.
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. If at any time or from time to time after all of the Mandatory Capital Contributions have been contributed, either Member determines that additional funds (a “Shortfall”) are reasonably required (i) to meet the ongoing obligations, liabilities, expenses or other reasonable business needs of the Company in accordance with the then applicable Budget or Operating Plan or (ii) to fund Necessary Expenses, and such Member has determined to request additional capital to fund such Shortfall, then such Member shall deliver notice (a “Participation Notice”) to each of the Members offering each Member the right to contribute (subject to the consequences specified herein) its pro rata share (based upon the Percentage Interests of the Members at the time of such request) of such Shortfall (such pro rata share, an “Additional Capital Contribution”). If so requested by the such Member, each Member who elects to fund any Additional Capital Contribution shall do so within ten (10) Business Days after receipt of a Participation Notice; provided that any Member may provide funds sooner if it reasonably determines to do so. Notwithstanding anything to the contrary contained herein, a failure by any Member to make any Additional Capital Contribution to the extent requested hereunder shall not constitute an Event of Default by such Member, and the sole consequence of a failure by any Member to fund any Additional Capital Contributions shall be as set forth in Section 4.03, other than Section 4.03(a)(iii).