Contribution Request definition
Examples of Contribution Request in a sentence
Administrative Member shall have the obligation to notify BREA of anticipated capital requirements, in which event BREA may submit a Contribution Request.
Each Member shall contribute, on or before the Additional Capital Contribution Date, such Member’s pro rata share of the aggregate Additional Capital Contributions specified in such Additional Capital Contribution Request.
Notwithstanding the foregoing, BREA shall not be permitted to deliver a Termination Notice with respect to a Default Loan that results from a Contribution Request made upon BREA’s decision pursuant to its rights under Section 5.1.C, unless such Contribution Request is made in connection with an emergency or for necessary capital contributions (e.g., to meet the requirements of any Project Financing, to pay any applicable taxes, to prevent physical waste to any Property).
Each of Icahn and Macklowe shall cause each of Icahn Company and Macklowe Company, respectively, to make an Additional Capital Contribution to the Partnership on the date, in the amount and otherwise in accordance with the terms prescribed by a Capital Contribution Request Letter, provided that such Additional Capital Contribution does not cause such General Partner to make an Additional Capital Contribution beyond its Additional Capital Commitment pursuant to the last in time Commitment Letter.
BREA may rescind any Contribution Request at any time and may submit Contribution Requests to the Common Members no more frequently than once each month, unless there is an emergency, in which event BREA shall immediately notify the Common Members in writing.
To cash out District Sick Leave, an eligible employee must submit a written HSA Contribution Request to the District.
Within fifteen (15) business days after a Contribution Request is delivered to the Common Members, each Member shall contribute to the Company by deposit into the “Operating Accounts” (as hereinafter defined) the amount to be contributed by such Member under such Contribution Request.
Within five (5) business days following receipt of the Contribution Request, each solvent Indemnifying Guarantor required to make a contribution payment pursuant to this Section shall deliver the same by certified check to such Indemnified Guarantor.
Spring Lane shall not be obligated to make a Subsequent Contribution until Parent has made all required Contributions set forth in all Contribution Requests, including the Contribution Request for which this condition to make a Subsequent Contribution relates, on a pro rata basis calculated based on the amount of Class B Membership Interests held by Parent and Spring Lane.
Each Contribution Request shall state separately for each Project the capital being requested for that Project.