Additional Capital Contributions or Assessments Sample Clauses

Additional Capital Contributions or Assessments. No Partner shall be assessed or be required to contribute additional funds or other property to the Partnership, except for any such amounts which a Limited Partner may be obligated to repay under Section 5.3 or Section 13.4. Any additional funds required by the Partnership, as determined by the General Partner in its reasonable business judgment, may, at the option of the General Partner and without an obligation to do so, be contributed by the General Partner as additional Capital Contributions. If and as the General Partner or any other Partner makes additional Capital Contributions to the Partnership, each such Partner shall receive Additional Units, General Partner Units or other Partnership Interests, subject to the provisions of Section 4.2, and such Partner’s Capital Account shall be adjusted as provided in Section 4.4.
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Additional Capital Contributions or Assessments. No Member shall be assessed or required to pay, except for any such amounts which a Member may be obligated to repay under Section 10.5 or except for any such amounts which the Managing Member may be obligated to repay under Section 13.9, additional funds or other property to the Company. Any additional funds or other property required by the Company (including, but not limited to, maintenance, repair, replacement, operation or other capital requirements), as determined by the Managing Member in its sole discretion, may, at the option of the Managing Member and without an obligation to do so, be loaned by the Managing Member to the Company at the DD Borrowing Rate. Notwithstanding the foregoing, the Managing Member shall be entitled to make additional Capital Contributions to the Company or allow other Persons to make additional Capital Contributions to the Company pursuant to terms determined by the Managing Member in its sole discretion. If and as any Member or Person makes additional Capital Contributions to the Company as provided in this Section 4.1(b), each such Member shall receive additional Company Units based upon the Agreed Value of the property contributed.
Additional Capital Contributions or Assessments. No Member shall be assessed or, except for any such amounts which a Member may be obligated to repay under Section 10.5, be required to contribute additional funds, except as provided with respect to the Managing Member in Section 7.1(a)(3), or other property to the Company. Any additional funds required by the Company, as reasonably determined by the Managing Member, may, at the option of the Managing Member and without an obligation to do so (except as provided in Section 7.1(a)(3)), be contributed by the Managing Member as additional Capital Contributions. If and as the Managing Member or any other Member makes additional Capital Contributions to the Company, each such Member shall receive additional Units as provided for in Section 4.2 and such Member's Capital Account shall be adjusted as provided in Section 4.4.
Additional Capital Contributions or Assessments. No Partner shall be assessed or, except for any such amounts which a Limited Partner may be obligated to repay under Section 10.5 and, except as provided in Section 7.1, be required to contribute additional funds or other property to the Partnership. If and as any Partner makes additional Capital Contributions to the Partnership, each such Partner shall receive additional Partnership Units as provided for in Section 4.2 and such Partner's Capital Account shall be adjusted as provided in Section 4.4.
Additional Capital Contributions or Assessments. (i) Except as required by law or as set forth in subsections (ii) below, no Member shall be assessed or be required to contribute additional funds or other property to the Company. Any additional funds required by the Company, as reasonably determined by the Managing Member to not be available from operations or from lenders on commercially reasonable terms, may, at the option of the Managing Member and without an obligation to do so, be contributed by the Managing Member as additional Capital Contributions.

Related to Additional Capital Contributions or Assessments

  • 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.

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

  • 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.

  • Initial Capital Contribution On March 7, 2007, the Member made a capital contribution of One Hundred Dollars ($100.00) to the Company, and, as consideration therefor, the Member received a percentage interest of One Hundred Percent (100%) in the Company.

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

  • Members Capital Contributions (a) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

  • 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.

  • 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.

  • 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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