Capital Contribution of the General Partner. The General Partner shall make a Capital Contribution to the Partnership of $1.00, payable in full in cash upon admission as the General Partner.
Capital Contribution of the General Partner. As of the date of this Agreement, the General Partner has made a Capital Contribution to the Partnership with an Agreed Value as set forth on Schedule A. Except to the extent required under the Virginia RULPA, the General Partner shall not be required to make any additional Capital Contributions to the Partnership.
Capital Contribution of the General Partner. The General Partner shall contribute a total of $1,000 to the capital of the Partnership upon the formation of the Partnership. In exchange for such Capital Contribution, the General Partner shall receive the General Partner-ship Interest and General Partnership Percentage.
Capital Contribution of the General Partner. The General Partner shall contribute cash and/or other assets to the Partnership.
Capital Contribution of the General Partner. In consideration for its interest in the Partnership, the General Partner will transfer intangible assets and certain other current assets associated with the operation of the Center to the Partnership, in accordance with Section 7.3.5 hereof.
Capital Contribution of the General Partner. (a) The General Partner has made a Capital Contribution in the amount set forth on Schedule A.
(b) The General Partner shall not be required to make any contributions to the capital of the Partnership other than as set forth in in Section 5.3 or in Section 5.5(b).
Capital Contribution of the General Partner. The General Partner has contributed to the Partnership the amount set forth on EXHIBIT B. The General Partner shall not be obligated to pay any Partnership expenses or make any capital contributions to the Partnership except as provided in this Section 5.1 and Section 5.3 and in Section 2.2(d) of Exhibit C hereof.
Capital Contribution of the General Partner. The parties acknowledge that the General Partner has made a capital contribution to the Partnership in the amount of one dollar ($1.00) upon execution of the Limited Partnership Agreement.
Capital Contribution of the General Partner. The General Partner may, but (except as provided in this Section 4.10) is not required to, make capital contributions to the Partnership. If the General Partner does not make capital contributions and fails to maintain a capital account balance equal to the lesser of (a) 1.01% of the capital contributions and Capital Account balances, respectively, of the Limited Partners or (b) $500,000, the General Partner shall be required, upon the occurrence of a Termination Event, to contribute for the benefit of the Limited Partners (but not for creditors of the Partnership) an amount equal to the lesser of (i) the deficit capital account balance of the General Partner after the final distribution pursuant to Section 12.2 hereof (disregarding the contribution required by this Section 4.10), or (ii) the excess of 1.01% of total capital contributions of the Limited Partners over the life of the Partnership over capital contributions by the General Partner.
Capital Contribution of the General Partner. Upon Closing, BPP shall contribute to the Operating Partnership as a capital contribution such amounts as may be required to pay the Cash Reimbursement Component and to fund closing costs and other items for the account of the Operating Partnership, pursuant to the terms of this Agreement.
