Common use of Capital Contribution of Limited Partner Clause in Contracts

Capital Contribution of Limited Partner. (a) Upon execution of this Agreement, the Limited Partner shall contribute equity of $5,000,000.00 to the Partnership as its total capital contribution to the Partnership. (b) No further capital contributions shall be required of the Limited Partner, and the Limited Partner shall not be required to make any loans to the Partnership. (c) The Limited Partner understands that time is of the essence with respect to such capital contribution. In addition to any other appropriate remedies available to the General Partner, the Limited Partner shall not at any time be entitled to any distributions from the Partnership if it fails to make any capital contributions to the Partnership when same are due under the terms of this Agreement.

Capital Contribution of Limited Partner. (a) Upon execution of this Agreement, the Limited Partner shall contribute equity of $5,000,000.00 2,500,000.00 to the Partnership as its total capital contribution to the Partnership. (b) No further capital contributions shall be required of the Limited Partner, and the Limited Partner shall not be required to make any loans to the Partnership. (c) The Limited Partner understands that time is of the essence with respect to such capital contribution. In addition to any other appropriate remedies available to the General Partner, the Limited Partner shall not at any time be entitled to any distributions from the Partnership if it fails to make any capital contributions to the Partnership when same are due under the terms of this Agreement.

Capital Contribution of Limited Partner. (a) Upon execution of this Agreement, the Limited Partner shall contribute equity of $5,000,000.00 3,150,000.00 to the Partnership as its total capital contribution to the Partnership. (b) No further capital contributions shall be required of the Limited Partner, and the Limited Partner shall not be required to make any loans to the Partnership. (c) The Limited Partner understands that time is of the essence with respect to such capital contribution. In addition to any other appropriate remedies available to the General Partner, the Limited Partner shall not at any time be entitled to any distributions from the Partnership if it fails to make any capital contributions to the Partnership when same are due under the terms of this Agreement.

Capital Contribution of Limited Partner. (a) Upon execution of this Agreement, the Limited Partner shall contribute equity of $5,000,000.00 500,000.00 to the Partnership as its total capital contribution to the Partnership. (b) No further capital contributions shall be required of the Limited Partner, and the Limited Partner shall not be required to make any loans to the Partnership. (c) The Limited Partner understands that time is of the essence with respect to such capital contribution. In addition to any other appropriate remedies available to the General Partner, the Limited Partner shall not at any time be entitled to any distributions from the Partnership if it fails to make any capital contributions to the Partnership when same are due under the terms of this Agreement.