Common use of Failure to Fund Approved Capital Contribution Commitment or Loan Commitment Clause in Contracts

Failure to Fund Approved Capital Contribution Commitment or Loan Commitment. If a Member fails to fund a Capital Contribution Commitment or a Loan Commitment that is required to be funded by such Member pursuant to this Agreement, then the following provisions of this Section 3.2.3 shall apply:

Appears in 4 contracts

Samples: Operating Agreement (Caterpillar Inc), Joint Venture (Navistar International Corp), Truck Business Relationship Agreement (Navistar International Corp)

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