Common use of Capital Contribution Events Clause in Contracts

Capital Contribution Events. (a) Notwithstanding anything in Section 4.2 to the contrary, whenever the General Partner determines in good faith that additional Capital Contributions in cash from the Partners are necessary to fund the Partnership’s operations, the General Partner may issue a notice to each Partner (a “Call Notice”) for an additional Capital Contribution by each Partner (a “Required Contribution”) in an amount equal to such Partner’s pro rata portion (based on the Percentage Interests of the Partners) of the aggregate additional Capital Contribution determined to be necessary by the General Partner not less than fifteen (15) days prior to the date the General Partner determines such additional Capital Contributions shall be made by the Partners.

Appears in 11 contracts

Samples: Noble Midstream Partners LP, Noble Midstream Partners LP, Noble Midstream Partners LP

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Capital Contribution Events. (a) Notwithstanding anything in Section 4.2 4.2(b) to the contrary, whenever the General Partner determines in good faith that additional Capital Contributions in cash from the Partners are necessary to fund the Partnership’s Annual Plan or otherwise fund its operations, the General Partner may issue a notice to each Partner (a “Call Notice”) for an additional Capital Contribution by each Partner (a “Required Contribution”) in an amount equal to such Partner’s pro rata portion (based on the Percentage Interests of the Partners) of the aggregate additional Capital Contribution determined to be necessary by the General Partner not less than fifteen (15) days prior to the date the General Partner determines such additional Capital Contributions shall be made by the Partners.

Appears in 3 contracts

Samples: CONE Midstream Partners LP, CONE Midstream Partners LP, CONE Midstream Partners LP

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Capital Contribution Events. (a) Notwithstanding anything in Section 4.2 to the contrary, whenever the General Partner determines in good faith that additional Capital Contributions in cash from the Partners are necessary to fund the Partnership’s Annual Plan or otherwise fund its operations, the General Partner may issue a notice to each Partner (a “Call Notice”) for an additional Capital Contribution by each Partner (a “Required Contribution”) in an amount equal to such Partner’s pro rata portion (based on the Percentage Interests of the Partners) of the aggregate additional Capital Contribution determined to be necessary by the General Partner not less than fifteen (15) days prior to the date the General Partner determines such additional Capital Contributions shall be made by the Partners.

Appears in 2 contracts

Samples: Original Agreement (Howard Midstream Partners, LP), Original Agreement (Howard Midstream Partners, LP)

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