Additional Capital Contributions Pursuant to Capital Calls Sample Clauses

Additional Capital Contributions Pursuant to Capital Calls. (i) After the amount of Capital Contributions made by CPP pursuant to Section 2.2(d) equals the CPP Required Cash Contribution and the amount of Capital Contributions made by Holdings pursuant to Section 2.2(c) equals the Holdings Required Cash Contribution, the Managing Partner may from time to time, subject to the right of the Non-Managing Partner to consent to such request pursuant to Section 5.1(d), request Additional Capital Contributions from the Partners to fund the cash needs of the Partnership by delivering a written notice which shall: (A) state the amount of Additional Capital Contributions being requested of all Partners, which shall not exceed the amount that the Managing Partner reasonably anticipates will be required to fund the cash needs of the Partnership, based upon the Budget then in effect, for the six (6) months following the Contribution Date specified in the Managing Partner's request; (B) specify in reasonable detail the purposes for which the requested Additional Capital Contributions are required; (C) identify the Contribution Date upon which the requested Additional Capital Contributions are to be made, which shall be not more than forty-five (45) days nor less than thirty (30) days after the date of such notice; (D) specify the account of the Partnership to which requested Additional Capital Contributions are to be made; and (E) if the consent of the Non-Managing Partner was not required pursuant to Section 5.1(d) with respect to such request for Additional Capital Contributions, state the Base Value, the estimated Gross Appraised Value and the estimated aggregate Adjusted Net Equity of the Interests of all Partners as of the applicable Contribution Date. (ii) Except as otherwise provided in this Section 2.3(a)(ii), with respect to each request for Additional Capital Contributions pursuant to Section 2.3(a), each Partner shall be required to make an Additional Capital Contribution to the Partnership in an amount equal to such Partner's Percentage Interest times the amount of Additional Capital Contributions requested by the Managing Partner, except that, if the consent of the Non-Managing Partner was (A) the Non-Managing Partner may decline to make all or part of the Additional Capital Contribution requested of it by giving written notice to the Managing Partner within fifteen (15) days of its receipt of the Managing Partner's request for Additional Capital Contributions; and (B) if the Non-Managing Partner declines to make all...
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Related to Additional Capital Contributions Pursuant to Capital Calls

  • 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 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.

  • 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:

  • 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 $ .

  • Member Capital Contributions (Check One)

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

  • Capital Contributions of the Partners (a) The General Partner and Initial Limited Partner have made the Capital Contributions as set forth in Exhibit A to this Agreement. (b) To the extent the Partnership acquires any property by the merger of any other Person into the Partnership or the contribution of assets by any other Person, Persons who receive Partnership Interests in exchange for their interests in the Person merging into or contributing assets to the Partnership shall become Partners and shall be deemed to have made Capital Contributions as provided in the applicable merger agreement or contribution agreement and as set forth in Exhibit A, as amended to reflect such deemed Capital Contributions. (c) Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately exchanges, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on any Partner’s Percentage Interest. (d) The number of Partnership Units held by the General Partner, in its capacity as general partner, shall be deemed to be the General Partner Interest. (e) Except as provided in Sections 4.2 and 10.5, the Partners shall have no obligation to make any additional Capital Contributions or provide any additional funding to the Partnership (whether in the form of loans, repayments of loans or otherwise) and no Partner shall have any obligation to restore any deficit that may exist in its Capital Account, either upon a liquidation of the Partnership or otherwise.

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