Additional Capital Contributions of the Partners Sample Clauses

Additional Capital Contributions of the Partners. The Partners shall not be required to make additional Capital Contributions to the Partnership unless they otherwise agree.
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Additional Capital Contributions of the Partners. (a) If the General Partner reasonably determines that Available Funds are insufficient to satisfy projected needs of the Partnership, then in addition to the Initial Capital Contribution of the Partners required to be made pursuant to Section 3.1, the General Partner may require that the Partners make one or more additional capital contributions to the Partnership. Each Partner shall make an Additional Capital Contribution to the Partnership within ten (10) days following receipt of the demand therefor by the General Partner, pro rata in accordance with their respective Sharing Ratios.
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Additional Capital Contributions of the Partners. Throughout the term of this Agreement, the Partners shall collectively contribute, in cash, to the capital of the Partnership, in accordance with their respective Partnership Percentages, any additional funds required to meet Partnership cash requirements as determined by the Managing Partners.
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Additional Capital Contributions of the Partners. No Partner shall be required to make Additional Capital Contributions to the Partnership. However, at the direction of the General Partner, the Partnership may from time to time make an offering of additional Limited Partnership Interests in exchange for Capital Contributions to the Partnership. Prior to accepting any Capital Contributions and/or Additional Capital Contributions from any Person, the General Partner shall, if required pursuant to Paragraph 4F of the Securities Purchase Agreement, send to all Partners the notice required by such Paragraph 4F (the "Paragraph 4F Notice"). Any Partner who fails to reply to the Paragraph 4F Notice within the twenty (20) day period described in Paragraph 4F of the Securities Purchase Agreement shall be deemed to have elected not to participate. If all Partners elect to contribute their respective pro rata portion of the total amount of Capital Contributions described in the Paragraph 4F Notice, no adjustment of Partnership Interests of the Partners shall be necessary, although the General Partner shall be authorized to issue additional Units to the Partners. If all Partners do not elect to contribute their respective pro rata portions of the total amount of Capital Contributions described in the Paragraph 4F Notice, or if Paragraph 4F of the Securities Purchase Agreement is not applicable to such offering of additional Limited Partnership Interests, the General Partner shall (x) accept contributions from electing Partners of their respective pro rata portions of the Capital Contributions requested in the Paragraph 4F Notice, if any, and (y) may, in its sole discretion, take any steps to raise any remaining additional Capital Contributions from Persons other than Partners ("New Limited Partners"). In the event that the Partners or any New Limited Partners make Capital Contributions, the General Partner is authorized to issue Units to such Partners being adjusted. The General Partner is hereby authorized to make any necessary amendments to this Agreement, including Schedule 1 attached hereto, to reflect the issuance of such Units and adjustments of such Partnership Interests. The Capital Contributions made pursuant to this Section 3.2 shall constitute Additional Capital Contributions, if made by an existing Partner, or an Initial Capital Contribution if made by a New Limited Partner.
Sample 1
Additional Capital Contributions of the Partners. (a) Except as set forth in Section 3.2(b) below, no Partner shall be required to make Additional Capital Contributions to the Partnership, nor shall any Partner be obligated to satisfy any deficit in its Capital Account and no Partner shall be permitted to make an Additional Capital Contribution without the approval of the other Partners. Except as provided in Section 3.1 or this Section 3.2, no Partner shall be required to make Capital Contributions to the Partnership except as required by law or as otherwise provided in this Agreement. No Partner shall ever be required to contribute any amounts to the Partnership for the benefit of any creditor or other Third Party.
Sample 1

Related to Additional Capital Contributions of the Partners

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Members Capital Contributions (a) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

  • Initial Capital Contribution On March 7, 2007, the Member made a capital contribution of One Hundred Dollars ($100.00) to the Company, and, as consideration therefor, the Member received a percentage interest of One Hundred Percent (100%) in the Company.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Additional Funds and Capital Contributions .. 22 Section 4.4 Stock Option Plan................................... 23 Section 4.5 No Interest; No Return.............................. 24 Section 4.6 Conversion or Redemption of Preferred Shares........ 24

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