Examples of Subsequent Capital Contribution in a sentence
Except as may be required under applicable law, no Member shall be required to make any Subsequent Capital Contribution to the Company.
If the Company is required to make a capital contribution to the Partnership under the provisions of Section 5.2(b) of the Partnership Agreement, each Class B Member shall have the right to make a Subsequent Capital Contribution to the Company for that purpose in an amount equal to, and only equal to, its Membership Interest percentage of the required capital contribution to the Partnership.
The Members holding Class A Units and/or Class C Units shall have no obligation to make any Subsequent Capital Contribution to the Company in respect of such Units.
Except as otherwise expressly ---------------------------------- provided in this Agreement, no Venturer shall have the right to withdraw or receive any return of its initial or any Subsequent Capital Contribution.
The Company shall have delivered to Frontenac an Officer's Certificate setting for the use of proceeds for such Subsequent Capital Contribution and Frontenac shall be satisfied in its sole discretion with such use of proceeds.