Common use of Contribution by Members Clause in Contracts

Contribution by Members. At the discretion of the Manager, the Manager shall require that such Members promptly pay to the Company the imputed underpayment (pro rata in proportion to their respective shares of such imputed underpayment, as reasonably determined by the Manager) within fifteen days following the Partnership Representative’s request for payment.

Appears in 1 contract

Sources: Operating Agreement (Indie Semiconductor, Inc.)

Contribution by Members. At the discretion of the Manager, the Manager shall require that such Members promptly pay to the Company the imputed underpayment (pro rata in proportion to their respective shares of such imputed underpayment, as reasonably determined by the Manager) within fifteen days following the Partnership Representative’s request for payment.

Appears in 1 contract

Sources: Operating Agreement (Thunder Bridge Acquisition II, LTD)