Preemptive Contribution definition
Examples of Preemptive Contribution in a sentence
Such Election Notice shall contain the amount of the additional Capital Contribution, if any, the Partner is to make (such additional Capital Contribution not to exceed the respective Pro Rata Contribution of such Partner) equal to all or any portion of its Pro Rata Contribution (with all or such portion thereof that such partner elects to make hereinafter referred to as the "Preemptive Contribution").
Such Election Notice shall contain the amount of the additional Capital Contribution, if any, the Common Limited Partner is to make (such additional Capital Contribution not to exceed the respective Pro Rata Contribution of such Common Limited Partner) equal to all or any portion of its Pro Rata Contribution (with all or such portion thereof that such Common Limited Partner elects to make hereinafter referred to as the "Preemptive Contribution").
From and after the time that Starwood shall have made the entire Starwood Initial Capital Contribution and BH/RE shall have made the entire BH/RE Initial Capital Contribution, one Membership Unit shall be issued in respect of each dollar of Additional Capital Contribution, Preemptive Contribution or Reimbursement Shortfall Contribution made by any Member except as may be otherwise approved by the Board of Managers.