Additional Calls Sample Clauses
The "Additional Calls" clause defines the circumstances under which a party, typically an investor or shareholder, may be required to provide further funds or resources beyond their initial commitment. In practice, this clause outlines the process for issuing requests for additional capital, specifying the conditions, notice requirements, and limits on such calls. Its core function is to ensure that the entity can secure necessary funding to meet unforeseen expenses or obligations, thereby maintaining operational stability and addressing potential shortfalls.
Additional Calls. During regular rehearsals the Engager agrees to inform the Artist at least fifteen (15) minutes before additional rehearsals are due to begin. The Artist may not be required to rehearse more than three (3) hours of additional rehearsal in any one (1) day. If the Artist shall be required to rehearse in excess of three (3) hours of additional rehearsal, the Artist shall invoice the Engager for the additional services at double Rate 1 as specified in Clause 11:09(C) per hour or portion thereof, except in the case of emergency rehearsals. The Artist is forbidden to make any exception to this Clause regardless of the number of operas which appear on any single COA Engagement Contract. In cases where the Artist reports for scheduled overtime hours, the Artist shall invoice and be paid in accordance with this Agreement for the hours scheduled, regardless of if the Artist is released prior to the end of the call. Should the Artist be required to rehearse hours in excess of those scheduled, the Artist shall invoice and be paid for the hours worked in accordance with this Clause.
Additional Calls. During regular rehearsals the Engager will endeavour to inform the Artist at least fifteen (15) minutes before additional rehearsals are due to begin. The Artist may not be required to rehearse more than three (3) hours of additional rehearsal in any one (1) day. If the Artist rehearses in excess of three (3) hours of additional rehearsal, the Artist shall invoice the Engager at double the additional services Rate 1 of Clause 13:09(D) per hour or portion thereof, except emergency rehearsals. There is no compensation for emergency rehearsals except as provided for in Clause 16:12.
Additional Calls. Unscheduled calls or sessions will be billed at the regular rate after a grace period of 15 minutes.
Additional Calls. The Managing Member may from time to time require Members to make additional contributions ("Additional Contributions" and together with the Initial Contribution, the "Total Contributions") to the capital of the Company in amounts and at times the Managing Member reasonably deems necessary, for the purpose of (i) funding the cost of purchasing Units in connection with Units accepted for purchase in the Acquisitions (the "Offer Call") or (ii) funding any other costs, expenses or liabilities of the Company reasonably incurred or to be incurred within the six months following such call in connection with the business activities contemplated by this Agreement (an "Operating Call"). The amounts of the required Additional Contributions shall be specified in written notices (each a "Call Notice") given to the Members. Each Call Notice shall specify (i) the aggregate amount of capital required to be contributed by all Members; and (ii) each Member's pro rata Additional Contribution of that amount, which shall be the aggregate amount of additional capital so required multiplied by the percentage which represents the total number of Shares owned of record by a Member divided by the total number of Shares then outstanding ("Ownership Percentage"); and (iii) a date (not less than two (2) business days after the date of a Call Notice relating to an Offer Call, or five (5) business days in the case of a Call Notice which relates solely to an Operating Call) by which each Member is to pay the required amount to the Company in immediately available funds. An Offer Call notice shall not be sent more than five (5) business days before the date the Additional Contributions are anticipated to be disbursed.
Additional Calls. The Train Operator has Contingent Rights to have Scheduled, in respect of any Passenger Train Slot, calls at one or more of the stations set out opposite the Service in column 3 of Table 4.1 being stations which do not form part of the Regular Calling Pattern.