Other Capital Contributions Sample Clauses

Other Capital Contributions. Except as otherwise provided in Section 4.2(b)(ii), Section 4.2(b)(iii) and Section 4.2(b)(iv), the General Partner may, at any time, request that Partners make additional Capital Contributions to the Partnership at such times and in such amounts as determined by the General Partner (a “Capital Request”). Within twenty (20) days of a Capital Request, each Partner may, but shall not be required to, make Capital Contributions pro rata in accordance with each Partner’s respective Percentage Equity Interest. Any Partner electing not to make all or any portion of the additional Capital Contribution requested of it in a Capital Request (a “Non-Funding Partner”) shall not have its Percentage Equity Interest or Percentage Voting Interest adjusted. In the event any Partner is a Non-Funding Partner with respect to a Capital Request, each Partner making the Capital Contribution requested of it pursuant to such Capital Request (each, a “Full Participant”) shall have the option to make additional Capital Contributions representing its proportionate share (based on the relative Percentage Equity Interest of each Full Participant) of any amount not contributed by the Non-Funding Partner (any such additional Capital Contribution made by a Full Participant being an “Excess Capital Contribution”). The Percentage Equity Interest and Percentage Voting Interest of any Partner making an Excess Capital Contribution shall not be adjusted as a result of such Excess Capital Contribution.
AutoNDA by SimpleDocs
Other Capital Contributions. Unless the Member(s) otherwise agrees, no Capital Contributions other than as set forth in Section 5.1 hereof shall be required.
Other Capital Contributions. If at any time or from time to time the Managers unanimously determine that funds in excess of the Capital Contributions made or required to be made under Sections 4.01 and 4.02(a) are necessary or desirable to meet the obligations or needs of the Company or any Subsidiary, the Managers may request that the Equity Members make additional Capital Contributions. Any additional Capital Contributions will only be made by an Equity Member if that Equity Member agrees to do so and, if so agreed, shall be made by the agreeing Equity Members on a pro rata basis according to their Percentage Interests (unless such Equity Members agree otherwise). Any such request shall be in writing, shall state the aggregate amount of the funds requested and each Equity Member's share thereof, shall include a brief description of the proposed use of such Capital Contributions, and shall designate a date by which the Company must receive funds in respect of such Capital Contribution. Voting Members and Managers have no obligation, and are not required, to make Capital Contributions.
Other Capital Contributions. In the event that the LLC shall subsequent to the Effective Date require funds other than the capital contributions described in Sections 1.4 and 1.5 of this Agreement for any authorized business purpose, all such funds, unless obtained from outside sources (subject to Section 5.1, hereof), shall be contributed by Denver Post and Denver Publishing on identical terms and in equal shares, when and as such additional contributions may be authorized as provided in Sections 5.1 or 8.1(c) hereof.
Other Capital Contributions. Except as modified hereby, the Members shall continue to make all Capital Contributions as and when required pursuant to the Operating Agreement.
Other Capital Contributions. In the event that the Agency shall require funds or other capital contributions for any authorized business purpose, such funds or contributions, unless obtained from outside sources, shall be contributed by Star and Citizen on identical terms and in equal amounts when and as authorized and directed by the Agency’s Board of Directors.
Other Capital Contributions. No Partner has any obligation to make any Capital Contributions (whether as Priority Capital Contributions, Preferred Capital Contributions or otherwise) in addition to those provided for in the foregoing subparagraphs (a) and (b) except as such Partner may, in its sole discretion, agree to in writing and except as may be provided for pursuant to the Other Partnership Agreements.
AutoNDA by SimpleDocs
Other Capital Contributions. 2.2.1 Upon execution of this Agreement, the Partners shall each be deemed to have contributed to the Joint Venture as a capital contribution $ .The Joint Venture shall be owned initially by the Partners in the percentage interests (hereinafter "partnership Ownership Percentage Interests") of fifty percent (50%) each. Except with respect to such initial capital contributions, the parties do not intend to make any other or further capital contributions. However, in the event additional capital contributions are required in connection with the operation, management, leasing, or ownership of the Property, and such additional funds cannot be borrowed by the Joint Venture, the parties agree to contribute such additional capital contributions as are necessary in the same proportion as their allocation of profits and losses under Section 2.3.
Other Capital Contributions. Except as required by the Act or as otherwise provided in this Section 4.9, no Member shall be required or permitted to make any Capital Contributions to the Company in addition to those that have been made as of the date hereof.
Other Capital Contributions. Subject to Section 3.1(d), the Managing Member may, from time to time, in its discretion, admit to the Company any proposed new Member meeting the requirements of this Section 3.1(c), in order to raise additional capital for the Company for any Permitted Purpose, upon the making by such proposed new Member of a Capital Contribution (other than a Capital Contribution of Transmission Facilities which shall be made in accordance with Section 3.1(b)). Upon the making of such Capital Contribution by such proposed new Member, the Company shall issue and deliver to such proposed new Member a number of Class A Units or Class B Units (as appropriate) and, if applicable, other consideration, having a Fair Market Value equal to the Fair Market Value of such proposed new Member's Capital Contribution. To be eligible to be admitted as a Member, such proposed new Member must (i) execute and deliver to the Company a Ratification Agreement, (ii) if Class A Units are to be issued to such proposed new Member, deliver to the Company an Non-Market Participant Certification and (iii) deliver to the Company a Favorable Opinion of Counsel. Any Ratification Agreement shall be attached to and become part of this Agreement. Upon the execution and delivery by the proposed new Member and the Company of a Ratification Agreement, the making of the Capital Contribution by such proposed new Member, the issuance to such proposed new Member of Units as provided above and the satisfaction of the foregoing conditions, such proposed new Member shall be a Member of the Company for all purposes hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.