Capital Contribution Obligations. (a) The Committed Party hereby irrevocably and unconditionally agrees to contribute capital to SPGLP (the “Committed Contribution”) in an amount, up to a maximum amount set forth opposite its name on Exhibit A hereto (the “Maximum Amount”), equal to the Committed Party’s Proportionate Share of any Loan Recovery Shortfall Amount (such amount, with respect to the Committed Party, being adjusted as provided herein and, as so adjusted, being referred to herein as its “Capital Contribution Obligation”) at the time and manner as required hereunder.
(b) The Committed Party shall be permitted to designate a new Maximum Amount at the following times: (i) on or before December 31, 2010, (ii) upon the fourth anniversary of the date hereof or, if later, the expiration of the Refinancing Guaranties (as defined in the Tax Matters Agreement dated as of the date hereof, by and among the parties hereto, the REIT, and Prime Outlets Acquisition Company LLC, a Delaware limited liability company (the “LVP Tax Matters Agreement”)) that are in effect on such anniversary and (iii) as of the first repayment in full or in part of the CMBS Debt (as defined in the Tax Matters Agreement), other than through regularly scheduled principal payments that are made prior to maturity. SPGLP shall provide the Committed Party with written notice of any repayment described in clause (iii) of the preceding sentence at least ninety (90) days prior to such repayment.
(c) For the purposes of this Agreement, (x) the term “Proportionate Share” shall mean the proportion that the Committed Party’s Committed Contributions bears to Total Committed Capital, (y) “Loan Recovery Shortfall Amount” shall mean the excess of (i) Total Committed Capital (up to a maximum of the aggregate amount due under the Loans at the time that notice is given under Section 5 of this Agreement ), over (ii) all Remedy Proceeds, and (z) the term “Remedy Proceeds” shall mean the aggregate amount received by one or more Lenders with respect to Loans that are declared in default by the Lender, after the date of the declaration of default with respect to each such Loan, and/or realized by any Lender in any exercise of its remedies, whether under the applicable Loan Documents or otherwise in connection with any Loan that is declared in default by the Lender, and shall include all additional amounts any Lender would be entitled to receive if such Lender realized on all remedies available to it, whether by agreement or under law. For av...
Capital Contribution Obligations. Annual Reconciliation of Capital Contribution Obligations ...
Capital Contribution Obligations. In order to provide the funds needed by THVG2 to make the payments called for by Section 2 hereof (but subject to Section 4 hereof), USP and Baylor agree as follows:
(a) In consideration for the issuance to Baylor of a 49% membership interest in THVG2, Baylor agrees to contribute to THVG2 on the Closing Date the amount that THVG2 is required to pay to USP pursuant to Section 2.2(a) (ii).
(b) USP and Baylor each agrees to contribute to THVG2 its pro rata share (based upon their respective ownership interests in THVG2 at the time such payment is due) of the amount needed by THVG2 to make any payment it is required to make under the HealthFirst Purchase Agreement pursuant to Section 2.2(b) hereof or Section 8(e) of the HealthFirst Purchase Agreement; provided, however, that the parties acknowledge that Baylor's obligations under this Section 3(b) and Section 3(c) are subject to its rights under Sections 4(b) and (d).
(c) Subject to Sections 4(b) and (d), USP and Baylor each agrees to contribute to THVG2 its pro rata share (based upon their respective ownership interests in THVG2 as of the date any such payment IS due) of the amount needed by THVG2 to make any payment that results from an exercise of a HealthFirst Option by THVG2.
Capital Contribution Obligations. 22 Section 3.20. Investments ................................................................................. 22 Section 3.21. Year 2000 ................................................................................... 22 Section 3.22. Interests of Officers, Directors and Shareholders............................................ 23 Section 3.23.
Capital Contribution Obligations. The only contractual obligations of the shareholders of the Company to make capital contributions to the Company and its Subsidiaries are pursuant to (a) the Fourth Amended and Restated Capital Contribution Agreement dated as of December 29, 1997 between Tryco III and the Company, (b) the Amended and Restated Capital Contribution Agreement dated as of December 29, 1997 between Exel and the Company and (c) the Second Amended and Restated Capital Contribution Agreement dated as of December 29, 1997 between RCRe and the Company.
Capital Contribution Obligations. (1) iSoftStone shall make capital contribution in cash in the amount of RMB75 million (¥75,000,000), constituting 75% of the registered capital;
(2) Huawei shall make capital contribution in cash in the amount of RMB25 million (¥25,000,000), constituting 25% of the registered capital.
Capital Contribution Obligations. A Member or prospective member’s promise to make a Capital Contribution to the Company is enforceable if in writing and signed by the Person making the promise and shall be enforceable against the Member’s heirs, legal representatives, or successors without regard to death, disability, or other changed circumstances of the Member. A prospective member whose subscription documents have been accepted and approved by the Manager shall not be deemed admitted as a Member unless/until such investor’s Capital Contribution is received by the Company. Operating Agreement ofStrata Capital Real Estate Opportunity Fund I LLC6
Capital Contribution Obligations. (i) Anadarko shall cause a cash contribution to be made to WGRAH in the amount of $200,000,000 upon the first occurrence of a Capital Contribution Event and shall ensure that such amount is deposited into the Pledged Accounts.
(ii) Anadarko shall cause a cash contribution to be made to WGRAH on the each date that financial statements are to be delivered pursuant to Section 4.01 of the WGRAH Loan Agreement in an amount equal to the Commodity Payment Amount relating to the Payment Period to which such financial statements relate.
(iii) Anadarko shall cause cash contributions to be made to WGRAH in the amounts and on the dates as set forth on Schedule 5.2(n)(iii) attached hereto.
Capital Contribution Obligations. A Member or prospective member’s promise to make a Capital Contribution to the Company is enforceable if in writing and signed by the Person making the promise and shall be enforceable against the Member’s heirs, legal representatives, or successors without regard to death, disability, or other changed circumstances of the Member. A prospective member whose subscription documents have been accepted and approved by the Manager shall not be deemed admitted as a Member unless such investor’s Capital Contribution is received by the Company. Prospective Members purchasing Units through a private securities offering shall not be deemed admitted as Members until the Company breaks impounds pursuant to the terms of such private offering.
Capital Contribution Obligations
