Initial Cash Contribution definition
Examples of Initial Cash Contribution in a sentence
BR CDP, Duke and Commander have made (or are concurrently with the execution of this Agreement making) an initial cash contribution to acquire the Property ("Initial Cash Contribution"), as shown on Exhibit “B”.
The Company agrees to, accept the Initial Cash Contribution at the Closing, and that the value thereof shall reduce the Commitment of JGI by an equal amount.
All covenants, agreements, representations and warranties of the parties contained herein shall survive the execution and delivery of this Agreement, any investigation at any time made by Leucadia or on its behalf and the contribution of the Initial Cash Contribution and the JPOF II Membership Interest.
All cash contributions occurring through the date of the execution (as contrasted with the effective date) of this Agreement shall constitute part of the Initial Cash Contribution (even if made subsequent to the acquisition of the Property and even if made in multiple tranches).
BR CDP, as manager, notified Duke and Commander in writing of the timing for the Initial Cash Contribution to be delivered setting forth: (i) the total amount required; and (ii) each Co-Tenant’s Pro Rata Share thereof.
The Company agrees to accept the Initial Cash Contribution and the JPOF II Membership Interest at the Closing, and thereupon to assume all obligations with respect to the JPOF II Membership Interest arising from and after the Closing Date under the JPOF II Operating Agreement.
If, after expenditure in full of the Initial Cash Contribution, additional cash contributions are required in the reasonable discretion of BR CDP to accomplish the intent of this Agreement beyond those funds contemplated in Exhibit B (each, an “Additional Cash Contribution”), then BR CDP may make a request in writing (a "Cash Call Notice") for said Additional Cash Contribution (a “Cash Call”).
Each Cash Investor has, and will have on the Closing Date and on any Subsequent Payment Date, cash available to it in an amount sufficient to make its Initial Cash Contribution or Subsequent Cash Contribution, as the case may be, in accordance with the terms of Article 2.
Aptevo does hereby accept the Initial Cash Contribution and the Promissory Note.
All covenants, agreements, representations and warranties of the parties contained herein shall survive the execution and delivery of this Agreement, any investigation at any time made by each of Jefco or JGI or on its behalf and the contribution of the Initial Cash Contribution, the Securities and the JPOF II Membership Interest.