Additional Series ME Capital Contributions. (a) Each Series ME Partner hereby agrees to make additional Capital Contributions to the Series ME (the “Additional Series ME Capital Contributions”) in proportion to such Series ME Partner’s Series ME Percentage Interest at such times and in such amounts as the Managing General Partner of the Series ME shall specify in a notice delivered to the Series ME Partners pursuant to Section 5.8(b) or Section 5.8(c) (“Series ME Capital Contribution Notice”); provided that in no event shall any Series ME Partner be required to make, in the aggregate, Capital Contributions in excess of such Series ME Partner’s respective Maximum Commitment with respect to Series ME set forth on Exhibit A. All Additional Series ME Capital Contributions shall be contributed to the Series ME in immediately available U.S. dollars on the date specified in the applicable Series ME Capital Contribution Notice. No Series ME Partner shall be required to make any Additional Series ME Capital Contribution, or to otherwise contribute any amount, to the Series ME unless such Additional Series ME Capital Contribution is reflected on the Series ME Annual Budget for such fiscal year or is otherwise approved by the Managing General Partner of the Series ME and a Supermajority Interest of Series ME Partnership Interests.
(b) On the 12th day of each month beginning prior to the Mainline Expansion Final In-Service Date, the Managing General Partner of the Series ME shall deliver a Series ME Capital Contribution Notice to each of the Series ME Partners setting forth (i) the estimated cash construction costs related to the Mainline Expansion Project for such month, adjusted for the difference between (A) the actual construction costs related to the Mainline Expansion Project for the immediately preceding month and (B) the estimated construction costs set forth in the Series ME Capital Contribution Notice for the immediately preceding month (the “Series ME Monthly Capital Requirement”), (ii) the amount of the required Additional Series ME Capital Contribution to be made by such Series ME Partner, which shall be an amount equal to such Series ME Partner’s Pro Rata portion of the Series ME Monthly Capital Requirement, (iii) that such Additional Series ME Capital Contribution is due on the 15th day of such month and (iv) the Person or the account to which such Additional Series ME Capital Contribution is to be made.
(c) From time to time following the Mainline Expansion Final In-Service Date, the Managing Ge...
Additional Series ME Capital Contributions. (a) (i) Except as otherwise provided in Section 5.8(a)(ii), each Series ME Partner hereby agrees to make additional Capital Contributions to the Series ME (the “Additional Series ME Capital Contributions”) in proportion to such Series ME Partner’s Series ME Percentage Interest at such times and in such amounts as the Managing General Partner of the Series ME shall specify in a notice delivered to the Series ME Partners pursuant to Section 5.8(b) or Section 5.8(c) (“Series ME Capital Contribution Notice”); provided that, except as a result of the operation of Section 5.8(a)(ii), in no event shall any Series ME Partner be required to make, in the aggregate, Capital Contributions in excess of such Series ME Partner’s respective Maximum Commitment with respect to Series ME set forth on Exhibit A. All Additional Series ME Capital Contributions shall be contributed to the Series ME in immediately available U.S. dollars on the date specified in the applicable Series ME Capital Contribution Notice. No Series ME Partner shall be required to make any Additional Series ME Capital Contribution, or to otherwise contribute any amount, to the Series ME unless such Additional Series ME Capital Contribution is reflected on the Series ME Annual Budget for such fiscal year or is otherwise approved by the Managing General Partner of the Series ME and a Supermajority Interest of Series ME Partnership Interests.
