Capital Commitment Interests, etc Clause Samples
The 'Capital Commitment Interests' clause defines the obligations and rights related to the amount of capital that investors agree to contribute to a fund or partnership. It typically outlines how and when these commitments are to be funded, the consequences of failing to meet capital calls, and the allocation of interests or shares based on the committed amounts. This clause ensures that all parties understand their financial responsibilities and helps maintain the fund's liquidity and operational stability by securing reliable capital inflows.
Capital Commitment Interests, etc. (a) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Member Interests and the Capital Commitment Fund Interest and matters related to the Capital Commitment Member Interests and the Capital Commitment Fund Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Member Interests or the GP-Related Fund Interest.
(b) Each Member, severally, agrees to make contributions of capital to the Company (“Capital Commitment-Related Capital Contributions”) as required to fund the Company’s capital contributions to the Funds in respect of the Capital Commitment Fund Interest, if any, and the related Capital Commitment Fund Commitment, if any (including, without limitation, funding all or a portion of the Blackstone Capital Commitment). No Member shall be obligated to make contributions of capital to the Company in an amount in excess of such Member’s Capital Commitment-Related Commitment. The Commitment Agreements and SMD Agreements of the Members may include provisions with respect to the foregoing matters. It is understood that a Member will not necessarily participate in each Capital Commitment Investment (which may include additional amounts invested in an existing Capital Commitment Investment) nor will a Member necessarily have the same Capital Commitment Profit Sharing Percentage with respect to (i) the Company’s portion of the Blackstone Capital Commitment or (ii) the making of each Capital Commitment Investment in which such Member participates; provided, that this in no way limits the terms of any Commitment Agreement or SMD Agreement. In addition, nothing contained herein shall be construed to give any Member the right to obtain financing with respect to the purchase of any Capital Commitment Interest, and nothing contained herein shall limit or dictate the terms upon which the Company and its Affiliates may provide such financing. The acquisition of a Capital Commitment Interest by a Member shall be evidenced by receipt by the Company of funds equal to such Member’s Capital Commitment- Related Commitment then due with respect to such Capital Commitment Interest and such appropriate documentation as the Managing Member may submit to the Members from time to time.
(c) The Company or one of its Affiliates (in such capacity, the “Advancing Party”) may in its sole dis...
Capital Commitment Interests, etc. (a) (i) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Partner Interests and the Capital Commitment SP RE VI Interest and matters related to the Capital Commitment Partner Interests and the Capital Commitment SP RE VI Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Partner Interests or the GP-Related SP RE VI Interest.
Capital Commitment Interests, etc. (a) (i) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Partner Interests and the Capital Commitment BREP Asia Interest and matters related to the Capital Commitment Partner Interests and the Capital Commitment BREP Asia Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Partner Interests or the GP-Related BREP Asia Interest.
Capital Commitment Interests, etc. (a) (i) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Partner Interests and the Capital Commitment BREP Europe III Interest and matters related to the Capital Commitment Partner Interests and the Capital Commitment BREP Europe III Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Partner Interests or the GP-Related BREA Europe III Interest.
Capital Commitment Interests, etc. (a) (i) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Member Interests, the Company’s Capital Commitment BREMA VI Partner Interest and the Capital Commitment BREP VI Interest and matters related to the Capital Commitment Member Interests, the Company’s Capital Commitment BREMA VI Partner Interest and the Capital Commitment BREP VI Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Member Interests, the Company’s GP-Related BREMA VI Partner Interest or the GP-Related BREA VI LP Interest.
Capital Commitment Interests, etc. (a) (i) This Article VII and Article VIII hereof set forth certain terms and conditions with respect to the Capital Commitment Member Interests and the Capital Commitment BCEP Interest and matters related to the Capital Commitment Member Interests and the Capital Commitment BCEP Interest. Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Member Interests or the GP-Related BCEMA Interest.