General Partner’s Contributions Sample Clauses

General Partner’s Contributions. The General Partner shall make Capital Contributions to the Fund in connection with each Drawdown in an amount equal to its Pro Rata Share of the Drawdown. Capital Contributions by the General Partner shall be made to the Fund on or prior to the date of the applicable Drawdown, in cash or by wire transfer of other immediately available funds, in each case in U.S. Dollars. The Remaining Capital Commitment and the Remaining Reserve Commitment of the General Partner shall be reduced in the same manner that is applicable to the Remaining Capital Commitments and the Remaining Reserve Commitments of the Limited Partners.
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General Partner’s Contributions. The General Partner’s total contributions to the Partnership shall be equal to $.01.
General Partner’s Contributions. The General Partner’s total contributions to the Partnership shall be equal to $99.99.
General Partner’s Contributions. In the event of a Drawdown, the General Partner shall make Capital Contributions to the Partnership in connection with such Drawdown in an amount equal to its pro rata share of the aggregate Capital Contributions to be made by all Partners (including the General Partner). Capital Contributions by the General Partner shall be made to the Partnership on or prior to the date of the applicable Drawdown, in cash or by wire transfer of other immediately available funds, in each case in U.S. Dollars.
General Partner’s Contributions. (a) The General Partner shall contribute to the Fund through the purchase of Units from time to time, amounts sufficient to enable the General Partner to own at all times not less than one percent (1%) of the total number of the outstanding Units. The General Partner shall not sell, assign or otherwise dispose of any Units or elect to have Units redeemed pursuant to Section 6.2 hereof, if such actions would result in the failure of the General Partner to maintain such one percent (1%) interest.
General Partner’s Contributions. Each of the initial General Partners has purchased, and/or irrevocably subscribed for the number of Shares (as defined in Section 4.3) set forth on Schedule A to this Certificate and Agreement and incorporated herein by this reference, for which he has, or will, on or prior to the Exchange Date (as defined in Section 4.5) deliver in cash, and/or securities at their value, determined in accordance with Sections 4.5 and 4.6, $25 per Share. The initial General Partners (both Managing and Non-Managing) shall as a group make a capital contribution which shall not be less than 1% of the total capital contributions of both the Limited Partners and the General Partners. The General Partners shall as a group own at all times not less than 1% of all the outstanding shares of the Partnership held by both the General and Limited Partners or any assignees thereof. Each General Partner, by execution of this Certificate and Agreement hereby commits and agrees that so long a he is a General Partner, his Shares held as General Partner will not be tendered for redemption, redeemed or assigned, nor will he accept distributions in cash if Shares held by General Partners as a group would thereby constitute less than 1% of the outstanding Shares. In the event a General Partner withdraws from the Partnership and the Partnership is continued as provided herein, if such withdrawal causes the number of shares held by the General Partners as a group to be less than 1% of the total outstanding Shares of both the Limited Partners and General Partners, the Non-Managing General Partner(s) shall contribute to the capital of the Partnership such additional capital or securities to acquire at net asset value such number of Shares as may be necessary for the General Partners as a group to hold 1% of the total outstanding Shares; provided, however, that if another General Partner makes a capital contribution in such amount as to cause the outstanding Shares of the General Partners as a group to be more than said 1%, the Non-Managing General Partner(s) shall be permitted to redeem such Shares no longer necessary to maintain said 1%.

Related to General Partner’s Contributions

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • General Partner Gross Income Allocation After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraphs 1(a) or 1(b), there shall be specially allocated to the General Partner an amount of (i) first, items of Partnership income and (ii) second, items of Partnership gain during each fiscal year or other applicable period in an amount equal to the excess, if any, of (A) the cumulative distributions made to the General Partner under Section 7.3(b) of the Agreement, other than distributions which would properly be treated as “guaranteed payments” or which are attributable to the reimbursement of expenses which would properly be either deductible by the Partnership or added to the tax basis of any Partnership asset, over (B) the cumulative allocations of Partnership income and gain to the General Partner under this subparagraph 1(c)(i).

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Contributions by Initial Limited Partners (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

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