BREA, ESC and Columbia Sample Clauses

BREA, ESC and Columbia. (1) On or about the date hereof, BREA, ESC and Columbia made contributions to the Company in the following amounts: BREA: $ ESC: $ Columbia: $ (2) BREA, ESC and Columbia shall be required to make one or more additional capital contributions in the aggregate amounts set forth below (each, a “Required Contribution”), at such times and in such amounts (pro-rata from each of BREA, ESC and Columbia) as BREA may direct from time to time (upon at least ten (10) business days revocable notice), provided that such aggregate amounts set forth below are required to be funded in total no later than the second anniversary of the date hereof: BREA: $ ESC: $ Columbia: $ In the event that BREA, ESC or Columbia fail to contribute its respective Required Contribution it shall be in default under this Agreement and shall be liable to the Company and the Members for damages as a result of such failure to fund its respective Required Contribution.
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BREA, ESC and Columbia. (1) On or about the date hereof, BREA, ESC and Columbia made contributions to the Company in the following amounts in connection with the acquisition of the Properties acquired on the Initial Closing Date: BREA: $220,000,000 ESC: $18,988,662 Columbia: $36,011,338 Included in the amounts set forth above are funds for the acquisition of the Deferred Properties (as defined in Exhibit B) and the payment of related closing costs. If the Company fails to acquire any Deferred Property, it may elect to return to BREA, ESC and Columbia the capital contribution allocable to such Deferred Property. BREA, ESC and Columbia agree from time to time to fund such additional amounts as are required to fund such other amounts required to be funded by Purchaser after the Closing pursuant to the Purchase & Contribution Agreement, including the payment of any amounts which may be required pursuant to Section 2.6(d) of the Purchase & Contribution Agreement, in each case, to the extent such funds have not been previously contributed by BREA, ESC and Columbia and reserved with the Company. (2) BREA, ESC and Columbia shall be required to make one or more additional capital contributions in the aggregate amounts set forth below (each, a “Required Contribution”), at such times and in such amounts (pro-rata from each of BREA, ESC and Columbia) as BREA may direct from time to time (upon at least ten (10) business days revocable notice), provided that such aggregate amounts set forth below are required to be funded in total no later than the second anniversary of the date hereof: BREA: $23,600,000 ESC: $2,036,966 Columbia: $3,863,034 In the event that BREA, ESC or Columbia fail to contribute its respective Required Contribution it shall be in default under this Agreement and shall be liable to the Company and the Members for damages as a result of such failure to fund its respective Required Contribution.
Sample 1
BREA, ESC and Columbia. (1) On or about the date hereof, BREA, ESC and Columbia made contributions to the Company in the following amounts: (2) BREA, ESC and Columbia shall be required to make one or more additional capital contributions in the aggregate amounts set forth below (each, a “Required Contribution”), at such times and in such amounts (pro-rata from each of BREA, ESC and Columbia) as BREA may direct from time to time (upon at least ten (10) business days revocable notice), provided that such aggregate amounts set forth below are required to be funded in total no later than the second anniversary of the date hereof: In the event that BREA, ESC or Columbia fail to contribute its respective Required Contribution it shall be in default under this Agreement and shall be liable to the Company and the Members for damages as a result of such failure to fund its respective Required Contribution.
Sample 1

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