Conditional Capital Contribution definition
Examples of Conditional Capital Contribution in a sentence
If a Member elects to make a Conditional Capital Contribution and the other Members decline or fail to make their respective Optional Capital Contributions, then the Company shall immediately return the Conditional Capital Contribution to the Member making such Conditional Capital Contribution and such Conditional Capital Contribution shall be deemed never to have been made.
In addition, a Member may elect to make its Optional Capital Contribution conditional (a "Conditional Capital Contribution") upon the other Members making their respective Optional Capital Contributions, in which event such Conditional Capital Contribution shall be deemed made, if at all, only at such time as the other Members make their respective Optional Capital Contributions.
Any funds so applied shall be treated at the time of application as a Conditional Capital Contribution paid by the Class A Limited Partner to the Partnership and then applied by the Partnership to pay the Management Incentive Fee.
In addition, a Member may elect to make its Optional Capital Contribution conditional (a “Conditional Capital Contribution”) upon the other Members making their respective Optional Capital Contributions, in which event such Conditional Capital Contribution shall be deemed made, if at all, only at such time as the other Members make their respective Optional Capital Contributions.
In addition, a Member may elect to make its Optional Capital Contribution conditional (a "CONDITIONAL CAPITAL CONTRIBUTION") upon the other Members making their respective Optional Capital Contributions, in which event such Conditional Capital Contribution shall be deemed made, if at all, only at such time as the other Members make their respective Optional Capital Contributions.