Additional Capital Contributions Prior to the Tier 3 Funding Completion Date Sample Clauses

Additional Capital Contributions Prior to the Tier 3 Funding Completion Date. (i) The Class A Members hereby collectively agree to make from time to time additional cash Capital Contributions to the Company, on an as needed basis and as consistent with the applicable Approved Budget, until such time as the Class A Members have an aggregate Account Balance of $750,000,000.00 (such Capital Contributions, the “Tier 1 Class A Contributions”). Such Capital Contributions shall be made upon receipt by each Class A Member of a Capital Call properly made by the Board to such Class A Members for such amount. The Class A Members shall contribute to the Company the amount of capital so requested in proportion to their respective Class A Percentage Interests, within 15 Business Days after receipt of such Capital Call. (ii) Following the funding of the Tier 1 Class A Contributions, the Class A Members hereby collectively agree to make from time to time additional cash Capital Contributions to the Company, on an as needed basis and as consistent with the applicable Approved Budget (to the extent such cash Capital Contributions are not funded by the Class B Members pursuant to Section 4.1(b)(iii)), until such time as the Class A Members have an aggregate Account Balance of at least $950,000,000.00 (such Account Balance, the “Minimum Class A Investment”). Such Capital Contributions shall be made upon receipt by each Class A Member of a Capital Call properly made by the Board to such Class A Members for such amount. The Class A Members shall contribute to the Company the amount of capital so requested in proportion to their respective Class A Percentage Interests, within 15 Business Days after receipt of such Capital Call. Upon the first to occur of (1) the contribution of the Class A Member’s Initial Capital Contribution, each of the Tier 1 Class A Contributions, and the cash Capital Contributions required pursuant to this Section 4.1(b)(ii), or (2) the occurrence of the Trigger Date (provided that the Class A Members have not defaulted on any obligation to contribute additional capital to the Company prior to the Trigger Date pursuant to a valid request made pursuant to Section 4.1(b)(i) or Section 4.1(b)(ii) which such obligation was due prior to and remains uncured as of the Trigger Date), the Class A Members shall thereafter have no obligation to contribute any additional capital to the Company. (iii) Following the funding of the Tier 1 Class A Contributions by the Class A Members pursuant to Section 4.1(b)(i), the Class B Members will have the ...
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Related to Additional Capital Contributions Prior to the Tier 3 Funding Completion Date

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

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • 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.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Additional Funds and Capital Contributions 30 SECTION 4.4 NO INTEREST; NO RETURN................................................................... 31 SECTION 4.5 NOTE DEFICIENCY CAPITAL CONTRIBUTION..................................................... 31

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

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

  • 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.

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Member Capital Contributions (Check One)

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