Common use of Calls for Additional Capital Clause in Contracts

Calls for Additional Capital. Whenever it is determined by the written ---------------------------- agreement of partners holding more than 80% of the capital interest of the partnership that the partnership's capital is or is presently likely to become insufficient for the conduct of its business, those partners may, by written notice to all partners, call for additional contributions to capital. These contributions shall be payable in cash no later than the date specified in the notice, and no sooner than forty-five (45) days after the notice is given. Each partner shall be liable to the partnership for that partner's share of the aggregate contributions duly called for under this paragraph. Each partner's share shall be in proportion to his or her share of the partnership's profits, but no partner shall be required in the event of such a call or calls to contribute more than $100,000.00 in the aggregate unless otherwise agreed.

Calls for Additional Capital. Whenever it is determined by the written ---------------------------- agreement of partners the Partners holding more than 80% at least two-thirds (2/3) of the capital ownership interest of in the partnership Partnership that the partnershipPartnership's capital is or presently is presently likely to become insufficient for the conduct of its business, those partners Partners may, by written notice to all partnersPartners, call for additional contributions to capital. These Such contributions shall be payable in cash no later than the date specified in the notice, notice and no sooner than forty-five twenty (4520) days after the notice is given. Each partner Partner shall be liable to the partnership Partnership for that partner's his share of the aggregate contributions duly called for under this paragraph. Each partnerPartner's share of such required additional contribution to capital shall be in the same proportion to as his or her share interest in ownership of the partnership's profits, but no partner shall be required Partnership without regard to the cash contributions of the parties reflected in the event of such a call or calls to contribute more than $100,000.00 in the aggregate unless otherwise agreedparagraph 2.01.

Calls for Additional Capital. Whenever it is determined by unanimous ---------------------------------- agreement of the two initial partners or by written ---------------------------- agreement of partners holding more than eighty percent (80% of the %) in capital interest of the partnership that the partnership's its capital is or is presently likely to become insufficient for the conduct of its business, those partners may, by written notice to all partners, call for additional contributions to capital. These contributions shall be payable in cash no later than the date specified in the notice, and no sooner than forty-five ten (4510) days after the notice is given. Each partner shall be liable to the partnership for that partner's share of the aggregate contributions duly called for under this paragraph. Each partner's share shall be in proportion to his or her share of the partnership's profits, but no partner call shall be required in the event of such a call or calls to contribute for more than an aggregate of hundred thousand dollars ($100,000.00 100,000) in any calendar quarter except with the aggregate unless otherwise agreedunanimous agreement of all partners.