Common use of Additional Funds and Adjustments Clause in Contracts

Additional Funds and Adjustments. The Members recognize that the Company may require additional funds to pay the costs of conducting its business and operating its properties. If, in the judgment of a majority in interest of the Members, additional capital funds are required to pay such costs, the Members shall be required to make additional contributions to the capital of the Company on a pro rata basis in accordance with their respective Membership Interest in the Company. In the event any Member fails to make additional contributions of capital deemed necessary by a majority in interest of the Members, and fails to cure such default within thirty (30) days of notice of the same, the non-defaulting Members shall have the option to (i) deem this Agreement amended such that the Member who fails to make such contribution shall have such Member’s respective Membership Interest in the Company diminished pro rata in the ratio that such Member’s total amount of capital contributed bears to the total amount contributed by the other Members, or (ii) to purchase the Membership Interest of the Member who fails to make such contribution on the same basis as if that Member’s Membership Interest is subject to Section 4.8.

Additional Funds and Adjustments. The Members recognize that the Company may require additional funds to pay the costs of conducting its business and operating its properties. properties If, in the judgment of a majority in interest of the Members, additional capital funds are required to pay such costs, the Members shall be required to make additional contributions to the capital of the Company on a pro rata basis in accordance with their respective Membership Interest in the Company. In the event any Member fails to make additional contributions of capital deemed necessary by a majority in interest of the Members, and fails to cure such default within thirty (30) days of notice of the same, the non-defaulting Members shall have the option to (i) deem this Agreement amended such that the Member who fails to make such contribution shall have such Member’s respective Membership Interest in the Company diminished pro rata in the ratio that such Member’s total amount of capital contributed bears to the total amount contributed by the other Members, or (ii) to purchase the Membership Interest of the Member who fails to make such contribution on the same basis as if that Member’s Membership Interest is subject to Section 4.8.

Additional Funds and Adjustments. The Members recognize that the Company may require additional funds to pay the costs of conducting its business and operating its properties. If, in the judgment of a majority in interest of the Members, additional capital funds are required to pay such costs, the Members shall be required to make additional contributions to the capital of the Company on a pro rata basis in accordance with their respective Membership Interest in the Company. In the event any Member fails to make additional contributions of capital deemed necessary by a majority in interest of the Members, and fails to cure such default within thirty (30) days of notice of the same, the non-defaulting Members shall have the option to (i) deem this Agreement amended such that the Member who fails to make such contribution shall have such Member’s respective Membership Interest in the Company diminished pro rata in the ratio that such Member’s total amount of capital contributed bears to the total amount contributed by the other other’ Members, or (ii) to purchase the Membership Interest of the Member who fails to make such contribution on the same basis as if that Member’s Membership Interest is subject to Section 4.8.

Additional Funds and Adjustments. The Members recognize that the Company may require additional funds to pay the costs of conducting its business and operating its properties. If, in the judgment of a majority in interest of the Members, additional capital funds are required to pay such costs, the Members shall be required to make additional contributions to the capital of the Company on a pro rata basis in accordance with their respective Membership Interest in the Company. In the event any Member fails to make additional contributions of capital deemed necessary by a majority in interest of the Members, and fails to cure such default within thirty (30) days of notice of the same, the non-defaulting Members shall have the option to (i) deem this Agreement amended such that the Member who fails to make such contribution shall have such Member’s 's respective Membership Interest in the Company diminished pro rata in the ratio that such Member’s 's total amount of capital contributed bears to the total amount contributed by the other Members, or (ii) to purchase the Membership Interest of the Member who fails to make such contribution on the same basis as if that Member’s 's Membership Interest is subject to Section 4.8.