Capital Sum Sample Clauses

Capital Sum. (a) The Resident upon settlement shall pay the Capital Sum as set out in the Schedule of Details.
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Capital Sum. 8.1.1 At the time of making application the Licensee will pay a deposit equal to 10% of the Capital Sum or such lesser amount as the Operator shall accept and will pay the balance of the Capital Sum on the Commencement Date, provided that if the Resident is transferring from another unit in the Village, then the Licensee will pay the balance of the Capital Sum on the earlier of the expiry of six months from the Commencement Date or the date of settlement of payments of the former unit to a new resident.
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Related to Capital Sum

  • Final Payment All items or Automated Clearing House (ACH) transfers credited to your account are provisional until we receive final payment. If final payment is not received, we may charge your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer.

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by 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). The Members shall have no duty or obligation to any creditor of the Company to make any contribution 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.

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