Capital Contributions by General Partner Sample Clauses

Capital Contributions by General Partner. The General Partner has contributed cash to the Partnership in the amount set forth on Schedule A, in exchange for the number of Units set forth on Schedule A. The General Partner shall not be required to make any additional capital contributions to the Partnership.
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Capital Contributions by General Partner. The General Partner has made Capital Contributions in the amount of $442,000 in cash.
Sample 1
Capital Contributions by General Partner. A. The General Partner has made a Capital Contribution in the amount of $418,182. The General Partner shall not be permitted to make any additional Capital Contributions without the Consent of the Limited Partners except as required pursuant to Sections 3.04B, 3.04C, or 8.02E. B. In the event that the Partnership makes any tax payment on behalf of or with respect to the General Partner, except to the extent (i) the Partnership withholds such payment from a distribution which would otherwise be made to the General Partner or (ii) the General Partner determines, in its reasonable discretion, that such payment may be satisfied out of the available funds of the Partnership which would, but for such payment, be distributed to the General Partner, the General Partner shall contribute to the Partnership an amount equal to such tax payment within 5 days of the date such payment is made. C. The General Partner shall contribute to the Partnership an amount equal to the lesser of (i) the excess of (A) Partnership administrative expenses for Fiscal Years 1989 (if the closing of the private placement pursuant to the Private Placement Memorandum occurs in 1989), 1990, 1991 and 1992 over (B) interest paid to the Partnership on "Partnership working capital" (which, as used herein, shall not include reserves established pursuant to the Management Agreement to provide funds for FF&E replacements or "Working Capital" as that term is used in the Management Agreement) for each such Fiscal Year or (ii) $50,000 for each of 1989 and 1990, $52,500 for 1991, and $55,000 for 1992. An estimate of the amount by which Partnership administrative expenses exceed interest paid to the Partnership on Partnership working capital for the first nine Accounting Periods for each Fiscal Year through December 31, 1992, shall be made by October 1 of each such Fiscal Year, and the General Partner shall pay such amount, if any, to the Partnership in cash on or before such date. (For 1989 and 1990, the first estimate would be based upon the actual number of Accounting Periods ending prior to September 8, 1990). A determination of the total amount by which Partnership administrative expenses exceed interest paid to the Partnership on Partnership working capital for each such Fiscal Year shall be made by March 15 of the succeeding Fiscal Year, and the General Partner shall pay to the Partnership in cash on or before such date such amount reduced by the amount of the payment, if any, made by the General ...
Sample 1
Capital Contributions by General Partner. The General Partner has made a Capital Contribution in the amount of $752,525. The General Partner shall not be permitted to make any additional Capital Contributions without the Consent of the Limited Partners except as required pursuant to Section 8.02D.
Sample 1
Capital Contributions by General Partner. The General Partner has contributed cash or other assets to the Partnership in exchange for the number of General Partner Units set forth on Exhibit A. The General Partner also owns the number of General Partner Units set forth on Exhibit A which were acquired by Regency upon the exchange by Regency of Shares pursuant to the exercise by former Limited Partners of Redemption Rights or were issued pursuant to Section 4.2(b).
Sample 1
Capital Contributions by General Partner. Centex Land Vista Ridge Lewisville III General Partner, LLC, as General Partner, shall contribute to the capital of the Partnership, as soon as practicable after the date hereof, cash in the amount of $1.00.
Sample 1

Related to Capital Contributions by General Partner

  • Capital Contributions of the Partners (a) The General Partner and Initial Limited Partner have made the Capital Contributions as set forth in Exhibit A to this Agreement. (b) To the extent the Partnership acquires any property by the merger of any other Person into the Partnership or the contribution of assets by any other Person, Persons who receive Partnership Interests in exchange for their interests in the Person merging into or contributing assets to the Partnership shall become Partners and shall be deemed to have made Capital Contributions as provided in the applicable merger agreement or contribution agreement and as set forth in Exhibit A, as amended to reflect such deemed Capital Contributions. (c) Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately exchanges, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on any Partner’s Percentage Interest. (d) The number of Partnership Units held by the General Partner, in its capacity as general partner, shall be deemed to be the General Partner Interest. (e) Except as provided in Sections 4.2 and 10.5, the Partners shall have no obligation to make any additional Capital Contributions or provide any additional funding to the Partnership (whether in the form of loans, repayments of loans or otherwise) and no Partner shall have any obligation to restore any deficit that may exist in its Capital Account, either upon a liquidation of the Partnership or otherwise.

  • Member Capital Contributions (Check One)

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Member and Capital Contribution The name and the business address of the Member and the amount of cash or other property contributed or to be contributed by the Member to the capital of the Company are set forth on Schedule A attached hereto and shall be listed on the books and records of the Company. The managers of the Company shall be required to update the books and records, and the aforementioned Schedule, from time to time as necessary to accurately reflect the information therein. The Member shall not be required to make any additional contributions of capital to the Company, although the Member may from time to time agree to make additional capital contributions to the Company.

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

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