Calls for Capital Contributions Sample Clauses

Calls for Capital Contributions. The Representatives (or the Representative[s] of one Partner) may, from time to time, make a call (“Call”) upon the Partners to make additional contributions in cash (“Call Payments”) to the Partnership. “Unilateral Call” refers to a Call made by the Representative(s] of only one Partner. “Calling Partner” means the Partner whose Representative[s] made the Unilateral Call and the “Non-calling Partner” means the other Partner. The terms “Call” and “Call Payments” unless otherwise qualified, refers to both Calls made by the Representatives of both Partners or to Unilateral Calls and to the contributions made pursuant thereto.
Sample 1
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Calls for Capital Contributions. (1) Each Limited Partner shall make Capital Contributions to the Partnership in respect of the aggregate amount of such Limited Partner’s Remaining Capital Commitment. Subject to the provisions in this Article 5, the General Partner (in consultation with the Manager) may, in its sole and absolute discretion, at any time and from time to time, make a call for payment (a “Capital Call”) by a Limited Partner in respect of its Capital Commitment in such amounts as determined by the General Partner (in consultation with the Manager), in its sole and absolute discretion (each contribution of capital to the Partnership in respect of a Capital Call referred to herein as the “Called Capital Contribution”). Capital Contributions to the Partnership generally will be called from the Limited Partners in proportion to their respective Capital Commitments.
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Calls for Capital Contributions. (i) Each of the Shareholders further severally agrees that, subject to the aggregate Committed Capital Contribution and as set forth in the Company Business Plan, it shall make such capital contributions required of it in proportion to its Shareholding Percentage as at the date of the The Company - CSM - Lucent Confidential 15 call for such capital contributions. If either Shareholder (the "Non-Contributing Shareholder") fails to subscribe for its Shareholding Percentage of the call, the other Shareholder who has so subscribed for its Shareholding Percentage of such call shall, without prejudice to any other rights and remedies such Shareholder may have, be entitled (but shall not be obliged) to subscribe for the Non-Contributing Shareholder's Shareholding Percentage at the applicable subscription price.
Sample 1
Calls for Capital Contributions. 5.1 Subject to §5.3, each Limited Partner will make Capital Contributions to the Partnership in the aggregate amount equal to the Unfunded Commitment for their Units by contributing specified amounts (each such specified amount, a “Called Amount”) when and as called by the General Partner (any such request for capital, a “Capital Call”) upon not less than five days’ prior written notice from the General Partner (any such notice, a “Capital Call Notice”), and such specified instalments will be made pro rata by all Limited Partners based upon their respective Units on or before the date specified in the Capital Call Notice (the “Call Date”). Each Capital Contribution to the Partnership will be made in Canadian dollars and will be made by means of a cheque or bank draft. Each Capital Call Notice will specify the purpose(s) of the Capital Call and the amount to be allocated to each purpose.
Sample 1
Calls for Capital Contributions. (i) Each of the Shareholders further severally agrees that, subject to the aggregate Committed Capital Contribution, it shall make such capital contributions required of it in proportion to its Shareholding Percentage as at the date of the call for such capital contributions. If any Shareholder (the "Defaulting Shareholder") fails to subscribe for its Shareholding Percentage of the call, any one or more of the other Shareholders who have so subscribed for their respective Shareholding Percentages of such call shall, without prejudice to any other rights and remedies such Shareholders may have, be entitled (but shall not be obliged) to subscribe for the Defaulting Shareholder's Shareholding Percentage of such call in proportion (as nearly as practicable) to their respective Shareholding Percentages. For the purposes of this sub-Clause (E), a non-defaulting Shareholder's Shareholding Percentage shall not be deemed to be increased if such increase is due solely to a The Company - CSM - HP Confidential Defaulting Shareholder's failure to subscribe for its Shareholding Percentage of a call for capital contributions.
Sample 1
Calls for Capital Contributions. The Representatives (or the Representative(s) of one Partner) may, from time to time, make a call (“Call”) upon the Partners
Sample 1

Related to Calls for Capital Contributions

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Additional Funding and Capital Contributions If the Board of the Company or Haimeng at any time or from time to time determines that funding and/ or capital contributions to the Company or Haimeng are necessary to conduct the Company’s or Haimeng’s business activities, then:

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Additional Funds and Capital Contributions .. 22 Section 4.4 Stock Option Plan................................... 23 Section 4.5 No Interest; No Return.............................. 24 Section 4.6 Conversion or Redemption of Preferred Shares........ 24

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