Common use of Capital Contribution Events Clause in Contracts

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

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