CAPITAL NEEDS Sample Clauses

CAPITAL NEEDS. ProMedCo-Temple shall be responsible for the capital necessary to maintain, expand and grow KDCP, subject to the approval of the Policy Committee.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
CAPITAL NEEDS. As of the date hereof, the Company has only nominal capital with which to operate. The Company anticipates using funds from the sale of the Shares for working capital purposes and paying down pre-existing debt. There can be no assurance that the Company will be able to raise sufficient funds for these purposes or that such funds will be available on terms and conditions which will permit a reasonable rate of return to investors in the Company.
Sample 1Sample 2
CAPITAL NEEDS. Beginning July 1, 1999 and each July 1 thereafter the State shall pay to the City Board the following sums for construction and site acquisition costs to accommodate any reasonably anticipated net enrollment increase caused by any reduction or elimination of the voluntary transfer plan: July 1, 1999 $28.5 million July 1,2005 $13 million July 1, 2000 $25 million July 1, 2006 $12 million July 1, 2001 $20 million July 1, 2007 $11 million July 1, 2002 $20 million July 1, 2008 $10 million July 1, 2003 $16.5 million July 1, 2009 $9 million July 1, 2004 $15 million These payments shall be made by the State each July 1 into a separate account established by the City Board. All interest will accrue to the benefit of the City Board. These payments shall not be considered desegregation payments. Newly constructed schools will be built in conformity with area standards for school construction. If unused and unobligated funds remain four years after the last student terminates participation in the interdistrict transfer program, the parties shall discuss the use of these funds, including but not limited to reversion of those funds to the State.
Sample 1Sample 2
CAPITAL NEEDS. BMM shall be required to fund the Brazilian Subsidiary’s exploration activities in the amount of $1,832,235 USD, which is in addition to its initial capital contribution. As of the date this Operating Agreement is executed, BMM has contributed approximately $1,800,000 USD that has been used to fund the Subsidiary’s exploration activities. BMM shall be required to contribute or finance no more than $2,000,000 USD to the Partnership, whether by cash or by property capital contribution. No Partner shall be obligated to make any additional contributions to Partnership capital or loans to the Partnership without such Partner’s consent. Partners may make additional capital contributions, however, to the Partnership upon the determination of the General Partner and with the approval of a Majority in Interest of the Partners. Further, in the event the Partnership has insufficient capital for its needs, it may raise additional capital by borrowing from Partners or third parties upon such commercially reasonable terms and conditions as the parties shall agree. 4824-1329-4339.8
Sample 1
CAPITAL NEEDS. (a) The Managers may make a capital call on all Members on a pro rata basis on their then held Membership Units; provided, however, no Member shall be required to make any further Capital Contributions unless agreed to in writing by the contributing Member. In the event a Member declines to make a pro rata capital contribution, the Member or Members who do particiate in the capital contribution shall receive a return of their capital contributions in full before distributions are made in accordance with the Percentage Interests, and subject to the Challa Preferred Return.
Sample 1
CAPITAL NEEDS. As of the date hereof, the Company has only limited capital with which to operate. The Company anticipates using funds from the sale of the Shares and certain promissory notes issued to officers and directors but which will automatically convert to Shares upon approval by the Company's shareholders for the Company's working capital purposes. The Company may require additional equity capital within the next twelve months and there can be no assurance that the Company will be able to raise sufficient funds or that such funds will be available on terms and conditions which will permit a reasonable rate of return to current investors in the Company. When the Company requires additional future financing, there is no assurance that such financing will be available on commercially reasonable terms, if at all.
Sample 1
CAPITAL NEEDS. The Company has limited capital with which to operate and must raise substantial funds in order to meet its business goals. For the past eighteen months, the Company has operated using the proceeds of previous private placements of stock and warrants to purchase Common Stock which provided $_____________ in operating capital. The Company anticipates using funds from the sale of the Securities to continue to fund its operating expenses and for general working capital purposes. There can be no assurance that the Company will be able to raise additional capital if and when needed or that such funds will be available on terms and conditions which will permit a reasonable rate of return to investors in the Company. The failure to raise needed funds on sufficiently favorable terms could have a material adverse effect on the Company's operations, financial condition and future prospects.
Sample 1
AutoNDA by SimpleDocs

Related to CAPITAL NEEDS

  • 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 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.

  • Capital Changes Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.

  • Additional Funding and Capital Contributions If the Board of the Company or Haimeng at any time or from time to time determines that funding and/ or capital contributions to the Company or Haimeng are necessary to conduct the Company’s or Haimeng’s business activities, then:

  • Capital Resources Parent has sufficient cash to pay the aggregate Merger Consideration.

  • Capital 1. Capital represented by immovable property referred to in Article 6, owned by a resident of a Contracting State and situated in the other Contracting State, may be taxed in that other State.

  • Capital Improvements The Department has identified the following possible opportunities for Capital Improvements:

  • Minimum Working Capital The Borrower shall maintain at all times Working Capital (which shall mean Current Assets less Current Liabilities) of at least $500,000.

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