Additional Contributions or Loans. Except as unanimously agreed upon by the Members of the Company as a whole, or the Members of a Series for the Series, no Member shall be obligated to make an additional capital contribution or loan to any Series or to the Company.
Additional Contributions or Loans. (a) Except for the Initial Capital Contributions and the AM Commitment Amount as set forth in Section 6.1 and as otherwise required pursuant to this Section 6.3, the Members shall not be required to make any additional Capital Contributions or loans to the Company in addition to the Initial Capital Contributions. If Managing Member reasonably determines that the Members shall make additional Capital Contributions or loans to the Company to fund a Working Capital Shortfall or a Preservation Cost of the Company or the TRS SUB (each, in the case of Working Capital Shortfalls, a “Mandatory Capital Contribution” and in the case of Preservation Cost, a “Member Loan”), then such Mandatory Capital Contribution or Member Loan shall be contributed or made, as applicable, by the Members in accordance with their respective Initial Participation Percentage. Managing Member shall deliver a notice (a “Cash Notice”) to each Member setting forth the amount of cash required from such Member (a “Required Amount”). Within the twenty (20) day period following the date of receipt by a Member of a Cash Notice, the Member shall contribute to the Company its Required Amount.
Additional Contributions or Loans. A Member associated with a Series shall be required to make such additional Capital Contributions or loans to the Company regarding such Series as determined by Voting Members associated with such Series owning a Majority Interest of such Series from time to time to be reasonably necessary to meet the expenses and obligations of such Series. After the making of any such determination, the Voting Members associated with such Series shall give written notice to each Member associated with such Series of the aggregate amount of required additional Capital Contributions or loan, and each Member associated with such Series shall deliver to theCompany its pro rata share thereof (in proportion to the respective Percentage Interest of the Member in such Series on the date such notice is given) no later than thirty (30) days following the date such notice is given. None of the terms, covenants, obligations or rights contained in this Section 8.02 is or shall be deemed to benefit any Person other than the Members associated with such Series and the Company regarding such Series, and, to the fullest extent permitted by law, no third party, including creditors of the Company or of any Series, shall under any circumstances have any right to compel any actions or payments by the Members.
Additional Contributions or Loans. No Member associated with a Series shall be required to make additional Capital Contributions or loans to the Company with respect to such Series. Not withstanding the forgoing, a Member in its sole discretion may make additional Capital Contribution to a Series, multiple Series, or the Company subject to the approval of the Manager. To the fullest extent permitted by law, no third party, including creditors of the Company or of any Series, shall under any circumstances have any right to compel any actions or payments by the Members or the Manager of any Series.
Additional Contributions or Loans. Members associated with the Series shall from time to time make additional capital contributions or loans to the Company for the Series, such as those determined by voting members who own a majority interest in that series, in order to fulfill the costs and obligations of that series. After making such a decision, the voting member associated with the Series shall give written notice relating to the full amount of the additional capital contributions or loan amounts required for each member associated with the Series, and each Member associated with the Series shall communicate to the Company the proportionality of the series (the member's proportionality on the date on which the notice was granted) (in proportion to each member's interest on the date on which such notice was granted) at the latest no later than 30 days (30 days) on the date on which such notice was granted. The terms, covenants, obligations or rights contained in section 8.02 of this Article will not be recognized in any way for the benefit of anyone other than the Member associated with the Series and the Company, and to the full extent permitted by law, the benefits of third parties, including those of the Company or the creditors of the Series, are not in the interests of any third party. Under no circumstances shall the Member have the right to impose any action or payment by the Member.
Additional Contributions or Loans. Except as provided above or in ARTICLE 6.2, no Member shall be obligated to make any additional contribution to the Company's capital or make additional Member loans.
Additional Contributions or Loans. (a) Except as provided in Section 6.1 and this Section 6.3, the Members shall not be required to make any additional Capital Contributions or loans to the Company in addition to the Initial Capital Contributions. If Managing Member or Manager reasonably determine that the Members shall make additional Capital Contributions to the Company to fund a Working Capital Shortfall or a Preservation Cost of the Company or its Subsidiaries (each, a “Mandatory Capital Contribution”), then such Mandatory Capital Contribution shall be contributed by the Members in accordance with their respective Participation Percentages. Managing Manager shall deliver a notice (a “Cash Notice”) to each Member setting forth the amount of cash required from such Member (a “Required Amount”). Within the twenty (20) day period following the date of receipt by a Member of a Cash Notice, the Member shall contribute to the Company its Required Amount. Notwithstanding the foregoing, prior to issuing a call for the Members to contribute Mandatory Capital Contribution required for any Working Capital Shortfall or Preservation Cost, the Members agree to meet and discuss (in good faith) whether any such Working Capital Shortfall can be reasonably reduced or eliminated without compromising the business of the Company. For avoidance of doubt, if the Members cannot mutually agree on a reduction or elimination of any amount of such Working Capital Shortfall and/or Preservation Cost, the Members shall nevertheless advance the approved Mandatory Capital Contribution. Any dispute over whether any amounts qualify as a Working Capital Shortfall or Preservation Cost and/or any dispute over the amount either Member claims is required to satisfy such Working Capital Shortfall or fund Preservation Costs shall be determined in accordance with the procedures set forth in Section 9.13.
Additional Contributions or Loans. Other than as provided in Section 3.1, 3.2, 3.3, 3.4 or 3.5 hereof, no Member shall be obligated to make any contributions or loans to the Company, to act as a guarantor, endorser or maker of any indebtedness of the Company or to permit such Member’s personal assets to be used as collateral for any indebtedness of the Company, unless such Member shall agree thereto in writing.
Additional Contributions or Loans. Additional capital may be required of each Member only in accordance with this Section 8.3.
Additional Contributions or Loans. The Member-Manager acknowledges that the income produced by the Company may be insufficient to pay all of the costs of operating the Company. If, as determined by the Member-Manager, additional funds are required to pay the costs of operating the Company, such additional funds may be raised through the Contributions of Additional Members, through debt financing, through additional contributions by the Member-Manager or as otherwise determined, at the sole discretion of the Member-Manager. Any additional Contributions by the Member-Manager shall be treated as additional Capital Contributions or loans, as determined by the Member-Manager.
