Capital Contributions by Partners. (a) Each Partner shall be required to make capital contributions to the Partnership (“GP-Related Capital Contributions”) at such times and in such amounts (the “GP-Related Required Amounts”) as are required to satisfy the Partnership’s obligation to make capital contributions to BREP VII in respect of the GP-Related BREP VII Interest with respect to any GP-Related BREP VII Investment and as are otherwise determined by the General Partner from time to time or as may be set forth in such Limited Partner’s Commitment Agreement or SMD Agreement, if any; provided, that additional GP-Related Capital Contributions in excess of the GP-Related Required Amounts may be made pro rata among the Partners based upon each Partner’s Carried Interest Sharing Percentage. GP-Related Capital Contributions in excess of the GP-Related Required Amounts which are to be used for ongoing business operations (as distinct from financing, legal or other specific liabilities of the Partnership (including those specifically set forth in Sections 4.1(d) and 5.8(d)) shall be determined by the General Partner. Limited Partners shall not be required to make additional GP-Related Capital Contributions to the Partnership in excess of the GP-Related Required Amounts, except (i) as a condition of an increase in such Limited Partner’s GP-Related Profit Sharing Percentage or (ii) as specifically set forth in this Agreement; provided, that the General Partner and any Limited Partner may agree from time to time that such Limited Partner shall make an additional GP-Related Capital Contribution to the Partnership; provided further, that each Investor Limited Partner shall maintain its GP-Related Capital Accounts at an aggregate level equal to the product of (i) its GP-Related Profit Sharing Percentage from time to time and (ii) the total capital of the Partnership related to the GP-Related BREP VII Interest.
(b) The General Partner may elect on a case by case basis to (i) cause the Partnership to loan any Partner (including any additional Partner admitted to the Partnership pursuant to Section 6.1 but excluding any Partners who are also executive officers of The Blackstone Group L.P. or any Affiliate thereof) the amount of any GP-Related Capital Contribution required to be made by such Partner or (ii) permit any Partner (including any additional Partner admitted to the Partnership pursuant to Section 6.1 but excluding any Partners who are also executive officers of The Blackstone Group L.P. or any Aff...
Capital Contributions by Partners. Partners shall make the following contributions of cash, property or services as shown next to each partner's name below. Unless otherwise noted, cash and property described below shall be paid or delivered to the General Partnership on or by . The fair market values of items of property or services as agreed between the Partnership and the contributing partner are also shown below. The percentage interest in the Partnership that each partner shall receive in return for his or her capital contribution is also indicated for each partner. NAME & ADDRESS CONTRIBUTION % INTEREST IN PARTNERSHIP
Capital Contributions by Partners. (a) Subject to Section 2.2(c), Fremont shall contribute to the Partnership 90% of all capital contributions and Shurgard shall contribute 10% of all capital contributions, with such capital contributions by Fremont and Shurgard funding 30% of the total estimated capital needs of the Partnership. Any and all capital contributions made by Fremont and Shurgard shall be made in cash, except those contributions made by Shurgard as contemplated in Section 4.
1. All capital contributions shall be made from time to time pursuant to a Capital Budget (as defined in Section 4.1(b)) or an Annual Budget (as defined in Section 5.4) as funds are needed by the Partnership and requested by Shurgard in accordance with the procedures described below.
Capital Contributions by Partners. (a) Each Limited Partner may be required to make capital contributions to the Partnership at such times and in such amounts as may be determined by the General Partner from time to time or as may be mutually agreed (including, where applicable, as set forth in such Limited Partner’s Admission Letter). Special Partners shall not be required to make capital contributions to the Partnership except as specifically set forth in this Agreement or as they otherwise agree; provided, that the General Partner and any Special Partner may agree from time to time that such Special Partner shall make an additional capital contribution to the Partnership.
(b) Each capital contribution by a Partner shall be credited to the appropriate Capital Account (or sub account) of such Partner in accordance with Section 5.2 and maintained in the books and records of the Partnership.
(c) The General Partner may elect on a case-by-case basis with respect to any Partner (including any additional Partner admitted to the Partnership pursuant to Section 6.1 but excluding any Partner that is also an executive officer of Blackstone) to (i) cause the Partnership to loan to any such Partner the amount of any capital contribution to the Partnership by such Partner on terms determined by the General Partner, (ii) permit any such Partner to make a required capital contribution to the Partnership in installments on terms determined by the General Partner or (iii) permit any such Partner to incur indebtedness to the Lender or Guarantor for the purpose of financing the purchase of an Interest in the Partnership and/or the amount of one or more capital contributions to the Partnership, which indebtedness shall be evidenced by an Investor Note and secured by such Interest, all other Interests of such Partner in the Partnership (if any) and, if applicable, interests of such Partner in any Blackstone Collateral Entities, in each case on terms which were or are approved by the General Partner.
Capital Contributions by Partners. G.P. and L.P., in consideration of the issuance of one (1) general partnership units ("General Partner Units") and ninety-nine (99) limited partnership units ("Limited Partner Units" and, together with General Partner Units, "Units"), respectively, shall hereafter cause the merger of Home Shopping Club LLC with and into the Partnership, with the Partnership to be the surviving limited partnership. Except for the foregoing consideration, no Partner shall be obligated to make additional contributions to the capital of the Partnership and all Units issued to a Partner shall be nonassessable.
Capital Contributions by Partners. The Partners shall make additional Capital Contributions to the Partnership as shall be mutually agreed upon by the Partners.
Capital Contributions by Partners. Each Regular Limited Partner shall be required to make capital contributions to the Partnership (“GP-Related Capital Contributions”) at such times and in such amounts (the “GP-Related Required Amounts”) as are required to satisfy the Partnership’s obligation to make capital contributions to GCOF II in respect of any GP-Related GCOF II Investment and as are otherwise determined by the Delaware GP from time to time or as may be set forth in such Regular Limited Partner’s Commitment Agreement or SMD Agreement, if any. Special Limited Partners shall not be required to make GP-Related Capital Contributions to the Partnership in excess of the GP-Related Required Amounts, except (i) as a condition of an increase in such Special Limited Partner’s GP-Related Profit Sharing Percentage or (ii) as specifically set forth in this Agreement; provided, that the Delaware GP and any Special Limited Partner may agree from time to time that such Special Limited Partner shall make an additional GP-Related Capital Contribution to the Partnership; provided further, that each Investor Special Limited Partner shall maintain its GP-Related Capital Accounts at an aggregate level equal to the product of (i) its GP-Related Profit Sharing Percentage from time to time and (ii) the total capital of the Partnership related to the GP-Related GCOF II Interest.
Capital Contributions by Partners. (a) Initial Contributions. Silver King Broadcasting of Massachusetts, Inc. hereby assigns to the Partnership as a Capital Contribution all of its right, interest and title in and to the licenses, permits, and authorizations issued by the Federal Communications Commission and now held by Silver King Broadcasting of Massachusetts, Inc., in connection with the business and operations of the Station which are set forth on Attachment A hereto, The Partners agree that such licenses, permits, and authorizations have a fair market value equal to the value assigned thereto on the books of Silver King Broadcasting of Massachusetts, Inc. UHF Investments, Inc. shall make a pro rata cash contribution to the Partnership.
Capital Contributions by Partners. (a) Initial Contributions. Silver King Broadcasting of Dallas, Inc. hereby assigns to the Partnership as a Capital Contribution all of its right, interest and title in and to the licenses, permits, and authorizations issued by the Federal Communications Commission and now held by Silver King Broadcasting of Dallas, Inc., in connection with the business and operations of the Station which are set forth on Attachment A hereto. The Partners agree that such licenses, permits, and authorizations have a fair market value equal to the value assigned thereto on 2 3 the books of Silver King Broadcasting of Dallas, Inc. UHF Investments, Inc. shall make a pro rata cash contribution to the Partnership.
Capital Contributions by Partners. (a) Initial Contributions. Silver King Broadcasting of Tampa, Inc. hereby assigns to the Partnership as a Capital Contribution all of its right, interest and title in and to the licenses, permits, and authorizations issued by the Federal Communications Commission and now held by Silver King Broadcasting of Tampa, Inc., in connection with the business and operations of the Station which are set forth on Attachment A hereto. The Partners agree that such licenses, permits, and authorizations have a fair market value equal to the value assigned thereto on the books of Silver King Broadcasting of Tampa, Inc.. UHF Investments, Inc. shall make a pro rata cash contribution to the Partnership.
