CAPITAL CONTRIBUTIONS; PARTNERSHIP INTERESTS;  FUTURE CAPITAL REQUIREMENTS Sample Clauses

CAPITAL CONTRIBUTIONS; PARTNERSHIP INTERESTS;  FUTURE CAPITAL REQUIREMENTS. 48 Section 5.1 Series LH Partnership Interests and Capital Contributions. 48 Section 5.2 Series AC Capital Contributions, AC Debt Financing and Partnership Interests. 49 Section 5.3 Reserved. 49 Section 5.4 Reserved. 49 Section 5.5 Initial Series EA Capital Contributions. 49 Section 5.6 Additional Series EA Capital Contributions. 50 Section 5.7 Initial Series ME Capital Contributions. 53 Section 5.8 Additional Series ME Capital Contributions. 54 Section 5.9 Interest and Withdrawal of Capital Contributions. 57 Section 5.10 Capital Accounts. 58 ARTICLE VI ALLOCATIONS AND DISTRIBUTIONS 58 Section 6.1 Allocations for Capital Account Purposes. 58 Section 6.2 Requirement and Characterization of Series AC Distributions; Distributions to Series AC Partners. 62 Section 6.3 Requirement and Characterization of Series EA Distributions; Distributions to Series EA Partners. 63 Section 6.4 Requirement and Characterization of Series ME Distributions; Distributions to Series ME Partners. 63 Section 6.5 Distributions to Series LH Partners. 64 ARTICLE VII MANAGEMENT AND OPERATION OF BUSINESS; LIMITED PARTNERS 65 Section 7.1 Management. 65 Section 7.2 Certificate of Limited Partnership. 66 Section 7.3 Reserved. 66 Section 7.4 Actions Requiring the Approval of the Series EA Partners. 66 Section 7.5 Actions Requiring the Approval of the Series ME Partners. 68 Section 7.6 Reserved. 70 Section 7.7 Series EA Annual Budget. 70 Section 7.8 Series ME Annual Budget. 70 Section 7.9 Collection of Series AC Revenue Entitlement. 71 Section 7.10 Collection of Series EA Revenue Entitlement. 71 Section 7.11 Collection of Series ME Revenue Entitlement. 72 Section 7.12 Compensation of General Partners. 72 Section 7.13 Indemnification. 72 Section 7.14 Interseries Indemnification. 74 Section 7.15 Liability of Indemnitees. 74 Section 7.16 Limitation of Liability. 75 Section 7.17 Management of Business. 75 Section 7.18 Outside Activities of the Limited Partners. 75 Section 7.19 Reliance by Third Parties. 76 Section 7.20 Managing General Partner. 76 Section 7.21 Conflicts of Interest. 77 Section 7.22 Shared Use of Shared Assets. 77 ARTICLE VIII BOOKS, RECORDS AND ACCOUNTING 77 Section 8.1 Records and Accounting. 77 Section 8.2 Fiscal Year. 78 ARTICLE IX TAX MATTERS 78 Section 9.1 Tax Returns. 78 Section 9.2 Partner Tax Return Information. 78 Section 9.3 Tax Elections. 78 Section 9.4 Tax Controversies. 78 Section 9.5 Withholding. 79 Section 9.6 Tax Reimbursement. 80 Section 9.7 Tax Partnership. 80 S...
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CAPITAL CONTRIBUTIONS; PARTNERSHIP INTERESTS;  FUTURE CAPITAL REQUIREMENTS. 49 Section 5.1 Series LH Partnership Interests and Capital Contributions. 49 Section 5.2 Series AC Capital Contributions, AC Debt Financing and Partnership Interests. 49
Sample 1
CAPITAL CONTRIBUTIONS; PARTNERSHIP INTERESTS;  FUTURE CAPITAL REQUIREMENTS. Section 5.1 Series LH Partnership Interests and Capital Contributions. The Percentage Interests of each Series LH General Partner and Series LH Limited Partner as of the date of this Agreement are as set forth on Exhibit A. Any Series LH Limited Partner, with the consent of the Managing General Partner of the Series LH, may, but shall not be obligated to, make additional Capital Contributions to the Series LH. Upon any such additional Capital Contribution, each Series LH General Partner and any other Series LH Limited Partner shall be obligated to make an additional Capital Contribution to the Series LH in an amount necessary to maintain its Series LH Percentage Interest.
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Related to CAPITAL CONTRIBUTIONS; PARTNERSHIP INTERESTS;  FUTURE CAPITAL REQUIREMENTS

  • CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS Section 5.1 Organizational Contributions 37 Section 5.2 Contributions by the General Partner and its Affiliates 37 Section 5.3 Initial Offering 38 Section 5.4 Interest and Withdrawal 38 Section 5.5 Capital Accounts 38 Section 5.6 Issuances of Additional Partnership Interests and Derivative Instruments 42 Section 5.7 Conversion of Subordinated Units 42 Section 5.8 Limited Preemptive Right 43 Section 5.9 Splits and Combinations 43 Section 5.10 Fully Paid and Non-Assessable Nature of Limited Partner Interests 44 Section 5.11 Issuance of Common Units in Connection with Reset of Incentive Distribution Rights 44 Section 5.12 Establishment of TexNew Mex Units. 46

  • 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.

  • 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.

  • 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 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.

  • Capital Contributions of the Partners The Partners have heretofore made Capital Contributions to the Partnership. Each Partner owns Partnership Units in the amount set forth for such Partner on Exhibit A, as the same may be amended from time to time by the General Partner to the extent necessary to reflect accurately sales, exchanges or other Transfers, redemptions, Capital Contributions, the issuance of additional Partnership Units, or similar events having an effect on a Partner’s ownership of Partnership Units. Except as provided by law or in Section 4.2, 4.3, or 10.4 hereof, the Partners shall have no obligation or, except with the prior Consent of the General Partner, right to make any additional Capital Contributions or loans to the Partnership.

  • 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.

  • 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.

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