Future Capital Contributions. If the Partnership requires additional funding to provide working capital or for any other purpose, no Partner shall have any obligation to advance such funds personally to the Partnership except as otherwise provided herein.
Future Capital Contributions. No Member will be required to make any loans to the Company or any Capital Contribution, other than the Initial Capital Contributions, without such Member’s prior written consent. No Member will be permitted to make any such additional Capital Contribution unless requested to do so by the Managing Member. Members do not have the right to participate, on a pro rata basis or otherwise, in any such additional Capital Contributions.
Future Capital Contributions. (a) If the Company is, or anticipates that it will be, unable to meet its obligations as they become due, or to fund its anticipated capital requirements pursuant to an approved budget, the Board of Managers shall use its commercially reasonable efforts to obtain and will have authority to cause the Company to incur indebtedness in order to fund the obligations. If the Company is unable to obtain third party financing, the Company may negotiate with Members and with Affiliates of Members in an effort to fund the obligations or capital requirements through indebtedness to any of these Persons. Any indebtedness of the Company to a Member or an Affiliate of a Member will be subject to the provisions of this Agreement concerning loan transactions with related parties.
Future Capital Contributions. Upon receipt by Holdings of any Cash proceeds (any such proceeds net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the issuance of any equity Securities of Holdings or any other contributions to the capital of Holdings, Holdings shall contribute such net Cash proceeds to Borrower as a contribution to capital (provided that if Holdings receives any capital stock of Borrower as a result of such contribution it shall be common stock) to be used by Borrower in accordance with subsection 2.4B(iii)(e).
Future Capital Contributions. Shareholders' Loans, and/or Subordinated Debt.
Future Capital Contributions. In the event the Company requires additional working capital and is unable to obtain financing on commercially reasonable terms, as determined by the Managing Member, the Managing Member may, after obtaining the consent of the Members holding a Super-Majority of the Percentage Interests of the Company if required pursuant to Section 3.4 hereof, from time to time request in the manner hereinafter provided in this Section 5.2 that the Members make capital contributions in excess of such Member’s Initial Capital Contributions (each a “Capital Contribution” and collectively, the “Capital Contributions”), in amounts equal to the product of such Member’s then current Interest Percentage, multiplied by the amount required. If it is so determined that a Capital Contribution is required, the Managing Member may issue a capital call to the Members in the form of a written notice requesting that each Member fund its Interest Percentage of such amount within twenty (20) business days following delivery of such capital call (the “Funding Period”) and each Member shall fund its share of such amount directly to the Company by an irrevocable and unconditional wire transfer of immediately available funds pursuant to the wire transfer instructions for the Company contained in such capital call. If the Managing Member issues a notice requesting Capital Contributions, the Managing Member, at the same time the notice is given, shall deposit its required portion of the requested amount into the Company’s operating account and provide evidence thereof to the other Members. When all Members have made such Capital Contributions, the Managing Member shall utilize such funds for the applicable expenses. The failure of a Member to make a Capital Contribution as described above shall give the other contributing Member(s) the right to make a Member Loan as provided in Section 5.4.
Future Capital Contributions. The Holder and the Company are currently discussing a broader business relationship which will consist of future capital contributions to the Company by the Holder or its affiliates. The Company agrees that it will first use any such future contributions to repay this Note and the January 30, 2017 Unsecured Promissory Note made by the Company for the benefit of the Holder, and such contributions will be made at the same valuation of the Company underlying the September 30, 2016 Unsecured Convertible Promissory Note made by the Company for the benefit of the Holder's affiliate.
Future Capital Contributions. All future funding needs for the JV Company shall be satisfied in accordance with Section 7.3 of this Annex subject to the following:
Future Capital Contributions. Contributions of capital to Ets. Brancher that have not been anticipated at the date of this Amended Agreement, and therefore not scheduled, shall be made by the Shareholders as follows:
Future Capital Contributions. In the event that Buyer or any member of Buyer makes a contribution of capital to HHI for the purpose of funding a Plan for the Debtor, whether in the form of a rights offering, or otherwise, AIP or an Affiliate will have the right, but not the obligation, to also make a contribution on the same terms and conditions as Buyer or such member of Buyer, but on a basis which reflects AIP's pro rata ownership of shares of Common Stock of HHI Common Stock as compared to the number of shares of Common Stock owned by Buyer at the time of the determination by Buyer or such member of Buyer to make such contribution.
