Common use of Funding Plan Clause in Contracts

Funding Plan. The Operating Member (or the proposing Manager) shall provide a proposed Funding Plan to accompany each proposed Supplemental Program and Budget. Unless otherwise determined by the Board, the proposed Funding Plan shall provide that contemplated Member Contributions will be made in accordance with Section 5.6(a), to the extent the Operations contemplated by such Supplemental Program and Budget cannot be funded from Cash Available to Nevada JV, and that funds for such Member Contributions shall be contributed by the Members in their respective Proportionate Interests to Nevada JV in accordance with Section 5.6(b).

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Barrick Gold Corp), Limited Liability Company Agreement (Newmont Goldcorp Corp /De/), q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com

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Funding Plan. The Operating Member (or the proposing Manager) shall provide a proposed Funding Plan to accompany each proposed Supplemental Program and Budget. Unless otherwise determined by the Board, the proposed Funding Plan shall provide that contemplated Member Contributions will be made in accordance with Section 5.6(a), to the extent the Operations contemplated by such Supplemental Program and Budget cannot be funded from Cash Available to Nevada JV, 5.5(a) and that funds for such Member Contributions shall be contributed by the Members in their respective Proportionate Interests to Nevada JV in accordance with Section 5.6(b5.5(b).

Appears in 2 contracts

Samples: Operating Agreement (Barrick Gold Corp), Operating Agreement (Newmont Mining Corp /De/)

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