Common use of ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS Clause in Contracts

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.

Appears in 8 contracts

Samples: Company Agreement (Environmental Procedures Inc), Company Agreement (Golfsmith International Holdings Inc), Company Agreement (Golfsmith International Holdings Inc)

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ADDITIONAL CAPITAL CONTRIBUTIONS OF THE MEMBERS. (a) If the Managers determine that the amounts contributed A Member may make an optional Additional Capital Contribution to the Company by at any time at the Members with regard to request of and upon receiving the Initial Capital Contributions are insufficient to carry out the purposes consent of the Company, the Managers may request that the Members make Additional Capital Contributions to the CompanyManager. No Member shall be required to make any Additional Capital Contribution without the consent of all of the Membersunless such Member consents thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (At Track Communications Inc)

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