Capital Contribution Cap definition
Examples of Capital Contribution Cap in a sentence
Within thirty (30) days after receipt of a duly issued Funding Notice, each Member shall advance to the Company as a Contribution of Initial Capital, such Member's Requested Amount, up to such Member's Capital Contribution Cap.
Upon delivery of a Specified TLC Upsize Acceptance Notice by all Class A Equity Investors, (x) the Class B Equity Investor shall make a payment of the “Specified Tax Law Change Upsize Fee” (as defined in the Fee Letter) to each Class A Equity Investor in accordance with the Fee Letter and (y) the individual Class A Capital Contribution Cap applicable to each Class A Equity Investor shall be increased by such Class A Equity Investor’s pro rata share of the amount of the Specified Capital Contributions.
The Members shall be obligated to make Contributions of Initial Capital to the Company in an aggregate amount equal to each Member's respective Capital Contribution Cap to fund Pursuit Costs, Acquisition/Redevelopment Costs, Cash Flow Deficits or other cash expenditures which have been Approved in an Approved Budget or otherwise.