ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS Sample Clauses

ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. (a) If the Managers determine that the amounts contributed to the Company by the Members with regard to the Initial Capital Contributions are insufficient to carry out the purposes of the Company, the Managers may request that the Members make Additional Capital Contributions to the Company. No Member shall be required to make any Additional Capital Contribution without the consent of all of the Members.
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ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. Upon the agreement of all of the Members, a Member shall make an additional Capital Contribution (an "Additional Capital Contributions"); provided, however, that the contribution obligation of Members under Section 7.5(h) hereof shall not require unanimous approval hereunder. The cash portion of any Additional Capital Contributions to the LLC shall be made by the Members by immediately available wire transfer payable to the order of the LLC or its designated agent. The Percentage Interests of the Members shall not be adjusted to reflect any Additional Capital Contribution without the written consent of all Members.
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ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. Upon the written agreement of all of the Members, the Members shall make an additional Capital Contribution (an “Additional Capital Contributions”). Any Additional Capital Contributions to the Company shall be made by the Members by immediately available wire transfer payable to the order of the Company or its designated agent.
Sample 1
ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. (a) The Manager may from time-to-time request capital contributions from the Class B Members (such request, a “Capital Call”). Such Capital Call shall be made no later than 15 days prior to the date on which the funds are needed and shall specify each Member’s pro rata portion of the needed funds. Other than their initial Capital Contributions, the Class A Members will have no obligation to make additional capital contributions to the Company.
Sample 1
ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. (a) After the Initial Capital Contributions have been made to the Company, no Member shall have any obligation to contribute any additional capital to the Company except pursuant to a capital call that has been approved by all the Members. If at any time the Manager determines that additional funds are required by the Company to fund the anticipated cash needs of the Company, the Manager shall notify the Members in writing of such circumstance. Such notice (a "CONTRIBUTION NOTICE") shall set forth the total amount of money needed, the proposed use of such 19 funds, each Member's share of such amount determined in accordance with each Member's Capital Ratio, and the due date thereof, which shall be no earlier than thirty (30) days nor later than forty-five (45) days after the date on which such Contribution Notice is given. Each Member shall be deemed to have approved and consented to the recommendation of the Manager set forth in any Contribution Notice unless such Member notifies the Manager within fifteen (15) days of the Contribution Notice being given that such Member does not approve or consent to the additional capital call set forth in the Contribution Notice.
Sample 1
ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. No Member shall be obligated to make any contributions to the capital of the Company. If the Manager determines that it is necessary to make a capital call, any Member electing in its discretion not to participate when other Members do participate shall be proportionately diluted by the additional capital contributed by participating Members. In lieu of making an additional Capital Contribution to the Company in cxxx, Xxxxx Dxxx xxx reduce any amounts due him from the Company under the Member Loan by the amount of any additional Capital Contribution due from him.
Sample 1
ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS 
Sample 1
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Related to ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS

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

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

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • 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.

  • 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.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

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