Examples of Capital Contribution Agreements in a sentence
No payments will be made with respect to assets in Class P2 Shares, Class R6 Shares or Class Z Shares of the funds.
The Partnership and Xxxxxx each agree to enter into the respective Capital Contribution Agreements, and Xxxxxx to the extent it receives funds from the Partnership in respect of these Bank Legacy Commitments and the Partnership to the extent it pays funds in respect thereof (a "Bank Legacy Contribution") agree to pay over such funds as the bank requesting the contribution may direct.
Except as otherwise provided in this Agreement, no Member shall have priority over any other Member regarding the return of a Capital Contribution; provided, however, that until all amounts due and payable under the Strides Capital Contribution Agreements and the Akorn Draw Down Note have been paid in full, any return of a Capital Contribution which Strides is eligible to receive under this Agreement shall be applied first to the repayment of the Strides Capital Contribution Agreements.
Pursuant to the Capital Contribution Agreements, each of the persons listed on Exhibit A hereto as of the Effective Date has contributed all of such person’s respective limited liability company interests in TWMH, TIG GP and/or TIG MGMT, as applicable, in exchange for the number and class of Units set forth opposite such person’s name on Exhibit A hereto as of the Effective Date.
Capital Contribution Agreements" are those certain Capital Contribution Agreements, between National Westminster Bank USA and ENI, dated June 18, 1985, between National Westminster Bank USA and Realty, dated June 18, 1985 and between National Westminster Bank USA and Project Capital, as contemplated by Section 3.1(c) hereof, as the same may be amended and/or restated from time to time.
Except as provided in the Capital Contribution Agreements, no Partner will be required to make contributions to the Partnership and the negative Capital Account balance of a Partner shall not be considered an asset of the Partnership.
Minimum future lease payments are computed based on the base rent of each lease, as defined, and are as follows for the years ending December 31: In connection with the formation of the Partnership, Capital Contribution Agreements (the Contribution Agreements) were entered into between FelCor Lodging Limited Partnership (FLLP), a limited partner of the Lessor, and various subsidiaries of the Partnership.
Simultaneously with the execution of this Agreement, the Partners shall each contribute to the Partnership their interests in Parnassos pursuant to the Contribution and Assignment Agreement (99% Interest) and the Contribution and Assignment Agreement (1% Interest) (the "Capital Contribution Agreements").
Notwithstanding the foregoing, the Manager appointed by Strides shall be automatically removed, with no action required by the Company or any other Member or other Manager immediately upon the occurrence of (i) a default by Strides under the Strides Capital Contribution Agreements, or (ii) the Company becoming eligible to receive any amount under the Letter of Credit pursuant to the terms of the OEM Agreement.
In accordance with the terms of this Section 3.6 and Section 7.2A below, Strides hereby irrevocably authorizes and instructs the Company to apply any return of a Capital Contribution to which Strides is eligible to receive under this Agreement to the repayment of the Strides Capital Contribution Agreements, until paid in full.