Common use of Agreement to Contribute Capital Clause in Contracts

Agreement to Contribute Capital. The Members agree to make their respective Capital Contributions on or before the Closing of the Property. In the event additional capital is required by the Company, the Manager shall, in its sole discretion, take one or more of the following actions: (i) cause the Company to obtain such additional funds from the Preferred Members and the Common Members in accordance with the terms hereof; (ii) cause the Company to obtain funds from additional investors; and (iii) cause the Company to seek to borrow the required additional funds from any third-party lender.

Agreement to Contribute Capital. The Members agree to make their respective have made Capital Contributions on at or before prior to the Closing of the Propertydate hereof. In the event additional capital is required by the Company, the Manager shall, in its sole discretion, take one or more of the following actions: (i) cause the Company to obtain such additional funds from the Preferred Members and the Common Members in accordance with the terms hereof; (ii) cause the Company to obtain funds from additional investors; and (iii) cause the Company to seek to borrow the required additional funds from any third-party lender.

Agreement to Contribute Capital. The Members agree to make their respective Capital Contributions on or before the Closing of the PropertyTIC Interest. In the event additional capital is required by the Company, the Manager shall, in its sole discretion, take one or more of the following actions: (i) cause the Company to obtain such additional funds from the each Preferred Members Member and the Common Members in accordance with the terms hereof; (ii) cause the Company to obtain funds from additional investors; and (iii) cause the Company to seek to borrow the required additional funds from any third-party lender.

Agreement to Contribute Capital. The Members agree to make their respective Capital Contributions on or before the Closing of the Property. In the event additional capital is required by the Company, the Manager shall, in its sole discretion, take one or more of the following actions: (i) cause the Company to obtain such additional funds from the each Preferred Members Member and the Common Members in accordance with the terms hereof; (ii) cause the Company to obtain funds from additional investors; and (iii) cause the Company to seek to borrow the required additional funds from any third-party lender.