Additional Series EA Capital Contributions Sample Clauses

Additional Series EA Capital Contributions. (a) Each Series EA Partner hereby agrees to make additional Capital Contributions to the Series EA (the “Additional Series EA Capital Contributions”) in proportion to such Series EA Partner’s Series EA Percentage Interest at such times and in such amounts as the Managing General Partner of the Series EA shall specify in a notice delivered to the Series EA Partners pursuant to Section 5.6(b) or Section 5.6(c) (“Series EA Capital Contribution Notice”); provided that in no event shall any Series EA Partner be required to make, in the aggregate, Capital Contributions in excess of such Series EA Partner’s respective Maximum Commitment with respect to Series EA set forth on Exhibit A. All Additional Series EA Capital Contributions shall be contributed to the Series EA in immediately available U.S. dollars on the date specified in the applicable Series EA Capital Contribution Notice. No Series EA Partner shall be required to make any Additional Series EA Capital Contribution, or to otherwise contribute any amount, to the Series EA unless such Additional Series EA Capital Contribution is reflected on the Series EA Annual Budget for such fiscal year or is otherwise approved by the Managing General Partner of the Series EA and a Supermajority Interest of Series EA Partnership Interests.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Additional Series EA Capital Contributions. (a) (i) Except as otherwise provided in Section 5.6(a)(ii), each Series EA Partner hereby agrees to make additional Capital Contributions to the Series EA (the “Additional Series EA Capital Contributions”) in proportion to such Series EA Partner’s Series EA Percentage Interest at such times and in such amounts as the Managing General Partner of the Series EA shall specify in a notice delivered to the Series EA Partners pursuant to Section 5.6(b) or Section 5.6(c) (“Series EA Capital Contribution Notice”); provided that, except as a result of the operation of Section 5.6(a)(ii), in no event shall any Series EA Partner be required to make, in the aggregate, Capital Contributions in excess of such Series EA Partner’s respective Maximum Commitment with respect to Series EA set forth on Exhibit A. All Additional Series EA Capital Contributions shall be contributed to the Series EA in immediately available U.S. dollars on the date specified in the applicable Series EA Capital Contribution Notice. No Series EA Partner shall be required to make any Additional Series EA Capital Contribution, or to otherwise contribute any amount, to the Series EA unless such Additional Series EA Capital Contribution is reflected on the Series EA Annual Budget for such fiscal year or is otherwise approved by the Managing General Partner of the Series EA and a Supermajority Interest of Series EA Partnership Interests.
Sample 1Sample 2

Related to Additional Series EA Capital Contributions

  • 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

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

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Member Capital Contributions (Check One) ☐ - Single Member LLC: The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. ☐ - Multi-Member LLC: Each Member has contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions: $ $ $ Members shall have no right to withdraw or reduce their contributions to the capital of the Company until the Company has been terminated unless otherwise set forth herein. Members shall have no right to demand and receive any distribution from the Company in any form other than cash and members shall not be entitled to interest on their capital contributions to the Company. The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to the amount of the capital contribution of each Member plus any distributions paid to such Member, such Member’s share of any undistributed assets of the Company; and (only to the extent as might be required by applicable law) any amounts previously distributed to such Member by the Company.

  • 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.

  • Additional Capital Contributions and Issuances of Additional Partnership Interests Except as provided in this Section 4.2 or in Section 4.3, the Partners shall have no right or obligation to make any additional Capital Contributions or loans to the Partnership. The General Partner may contribute additional capital to the Partnership, from time to time, and receive additional Partnership Interests in respect thereof, in the manner contemplated in this Section 4.2.

  • 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 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.

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.