Common use of Contributions to Fund Clause in Contracts

Contributions to Fund. (a) If a Contribution Event occurs prior to the occurrence of a Termination Event, the Support Provider will make a Capital Contribution in an amount equal to the lower of (i) the Loss incurred as a result of such Contribution Event, or (ii) the Maximum Contribution Amount reduced by the amount of any Capital Contribution previously made by either Support Provider to the Fund under this Agreement.

Appears in 6 contracts

Samples: Capital Support Agreement (Legg Mason Inc), Capital Support Agreement (Legg Mason Inc), Capital Support Agreement (Legg Mason Inc)

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Contributions to Fund. (a) If a Contribution Event occurs prior to the occurrence of a Termination Event, the Support Provider will make a Capital Contribution in an amount equal to the lower least of (i) the Loss incurred as a result of such Contribution Event, (ii) the Required Contribution Amount, or (iiiii) the Maximum Contribution Amount reduced by the amount of any Capital Contribution previously made by either the Support Provider to the Fund under this AgreementFund.

Appears in 4 contracts

Samples: Capital Support Agreement (Sei Investments Co), Capital Support Agreement (Sei Investments Co), Capital Support Agreement (Sei Investments Co)

Contributions to Fund. (a) If a Contribution Event occurs prior to the occurrence of a Termination Event, the Support Provider will make a Capital Contribution in an amount equal to the lower of (i) fifty percent (50%) of the Loss incurred as a result of such Contribution Event, or (ii) the Maximum Contribution Amount reduced by the amount of any Capital Contribution previously made by either Support Provider to the Fund under this Agreement. The parties hereto acknowledge that the Related CSA provides for a Capital Contribution to be made by the Related Support Providers under the Related CSA in an identical amount.

Appears in 2 contracts

Samples: Capital Support Agreement (Legg Mason Inc), Capital Support Agreement (Legg Mason Inc)

Contributions to Fund. (a) If a Contribution Event occurs prior to the occurrence of a Termination Event, the Support Provider will make a Capital Contribution in an amount equal to the lower of (i) the Loss incurred as a result of such Contribution EventEvent minus, to the extent not already taken into account in the calculation of Loss, all LC Contributions received by the Fund or which the Fund is entitled to receive under the Letter of Credit, or (ii) the Maximum Contribution Amount reduced by the amount of any Capital Contribution previously made by either Support Provider to the Fund under this Agreement.

Appears in 1 contract

Samples: Capital Support Agreement (Legg Mason Inc)

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Contributions to Fund. (a) If a Contribution Event occurs prior to the occurrence of a Termination Event, the Support Provider will make a Capital Contribution in an amount equal to the lower of (i) the Loss incurred as a result of such Required Contribution Event, or (ii) the Maximum Contribution Amount reduced by the amount of any Capital Contribution previously made by either Support Provider to the Fund under this AgreementAmount.

Appears in 1 contract

Samples: Capital Support Agreement (Sei Investments Co)

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