Capital Contributions to the Partnership Sample Clauses

Capital Contributions to the Partnership. (a) The Partners initially contributed capital to the Partnership in the amounts set forth opposite their respective names on Schedule B to this Agreement. A record of any capital contributions in addition to those listed on Schedule B is maintained on the books of account and records of the Partnership. The Partners shall have no obligation to make any capital contribution other than the initial capital contributions specified on Schedule B to this Agreement. (b) Subject to Section 2.1(a), after the initial capital contributions referred to in Section 2.1(a) were made, the Partners shall make additional capital contributions to the Partnership pro rata in accordance with their respective Sharing Ratios (as defined in Section 2.1(c)). Such capital contributions shall be made from time to time if, as and when the General Partner may approve. (c) The Partners shall receive distributions from the Partnership made pursuant to this Agreement in accordance with their respective undivided percentage ownership interests in the Partnership referred to herein as the sharing ratios (the “Sharing Ratios”). The initial Sharing Ratio of each Partner is set forth opposite such Partner’s name on Schedule B to this Agreement. A record of the Sharing Rations shall be maintained on the books of account and records of the Partnership. The Sharing Ratio means, in respect of each Partner, the ratio that such Partner’s total capital contributions to the Partnership bear to the total capital contributions of all Partners to the Partnership. In the event any Partner fails to contribute its full pro rata portion of an additional capital contribution pursuant to this Section 2.1(c), the Partners’ Sharing Ratios shall be adjusted as appropriate to reflect such ratio.
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Capital Contributions to the Partnership. (a) The Capital Contribution and Profit Percentage of each Partner and the Total Capital Contribution and the aggregate of all Profit Percentages immediately prior to the Initial Closing Date and the aggregate of all Profit Percentages shall be set forth on Schedule II. Schedule II shall be amended by the General Partner from time to time, without further Consent of the Limited Partners, in accordance with this Agreement as necessary to reflect any changes in the Capital Contributions of the Partners and their Profit Percentages as set forth below. The General Partner shall cause a copy of each amended Schedule II to be dated and sent to each Partner. The amount of the Capital Contribution in respect of any Partner and the Total Capital Contribution set forth on Schedule II shall be adjusted as follows: (i) the amount of the Capital Contribution of any Partner shall be increased by the amount of money and the Net Agreed Value of any property (other than money) contributed to the Partnership by such Partner, as determined in accordance with the terms hereof, and the Total Capital Contribution shall be increased by a like amount; (ii) in the event of a redemption by the Partnership of a Partner's Interest, the Capital Contribution of such Partner shall be reduced by an amount equal to the amount of such Partner's Capital Contribution immediately prior to such redemption multiplied by the amount (expressed as a decimal) that the Profit Percentage represented by the Interest so redeemed bears to the Profit Percentage represented by all of such Partner's Interests immediately prior to such redemption, and the Total Capital Contribution shall be reduced by a like amount; (iii) in the event of a Transfer of an Interest, the Capital Contribution of the Transferor shall be reduced by an amount equal to the amount of such Partner's Capital Contribution immediately prior to such Transfer multiplied by the amount (expressed as a decimal) that the Profit Percentage represented by the Interest so Transferred bears to the Profit Percentage represented by all of such Partner's Interests immediately prior to such Transfer, and the Transferee's Capital Contribution shall be increased by (or established in, in the case of a new Partner) a like amount. Contemporaneously with any change to the amounts of any Capital Contribution pursuant to the foregoing, the General Partner shall make appropriate changes to the Profit Percentages set forth on Schedule II, in accordance with t...
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Capital Contributions to the Partnership. The Partners shall contribute or be deemed to have contributed capital to the Partnership in the amounts respectively set forth opposite their names on Schedule I to this Agreement on the Effective Date (collectively, the "Required Capital Contributions"). Also, in addition to the Required Capital Contributions, the Partners acknowledge that in order to purchase and develop the Property, the Partnership will need to secure from a third party lender (the "Lender") a term loan, which shall be in the amount set forth in the Business Plan and on terms and conditions satisfactory to the Management Committee and approved in accordance with this Agreement (the "Loan").
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Capital Contributions to the Partnership. The Partners shall contribute or be deemed to have contributed capital to the Partnership in the amounts respectively set forth opposite their names on Schedule I to this Agreement on the Effective Date (collectively, the "Required Capital Contributions"). Additionally, the Financial Partner shall obtain the Mezzanine Loan on behalf of the Partnership. Also, in addition to the Required Capital Contributions, the Partners acknowledge that in order to purchase and develop the Property, the Partnership will need to secure from a third party lender (the "Lender") a term loan, which shall be in the amount set forth in the Business Plan and on terms and conditions satisfactory to the Partners and which shall be non-recourse to the Partners (the "Loan").
Sample 1
Capital Contributions to the Partnership. Upon the effective date hereof, (i) the General Partner shall make a cash contribution to the Partnership in the sum of $1,950,000 (the "GP Capital Contribution"), and each of ALCU and GECC shall contribute all of their respective right, title and interest in and to that certain Contract of Sale by and between ALCU and Nationwide Life Insurance Company to the Partnership, pursuant to the terms and provisions of that certain Contribution Agreement dated to be effective January 29, 1998, by and among ALCU, the General Partner and the Partnership (the "Contribution Agreement"). Upon the effective date hereof, the Partners' Capital Accounts, the Partnership Units assigned to each Partner and the Percentage Interest in the Partnership represented by such Partnership Units shall be as set forth in the attached Exhibit A.
Sample 1
Capital Contributions to the Partnership. The Partners shall contribute capital to the Partnership in the amounts respectively set forth opposite their names on Schedule I to this Agreement. Such initial Capital Contribution shall be in the form of cash, property, services rendered, or a promissory note or other obligation to pay cash or transfer property to the Partnership, as specified on Schedule I. Schedule I may not be amended without the approval of the General Partner.
Sample 1
Capital Contributions to the Partnership. Upon the effective date hereof, (i) the General Partner shall make a cash contribution to the Partnership in the sum of the GP Capital Contribution (which such amount together with any additional sums contributed by the General Partner to the Partnership under Section 4.1.C shall constitute the "GP Capital Contribution"), and SWIC, acting on the behalf of AG and Shidxxx Xxxt, shall assign and contribute the Contract Rights to the Partnership, pursuant to the terms and provisions of that certain Contribution and Exchange Agreement dated September 25, 1997 by and between SWIC, the General Partner and the Partnership (the "Contribution Agreement"). Upon the effective date hereof, the General Partner shall prepare a completed Exhibit A which reflects the Partners' Capital Accounts and the Partnership Units assigned to each Partner.
Sample 1
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Capital Contributions to the Partnership. Notwithstanding any terms or provisions of the Partnership Agreement, Seller and Purchaser agree that until the earlier to occur of: (i) March 28, 2009; or (ii) the Closing Date, they will each satisfy and fund reasonable capital calls made by the Partnership in accordance with their respective Percentage Interests in the Partnership.
Sample 1

Related to Capital Contributions to the Partnership

  • 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.

  • 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:

  • 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.

  • 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.

  • 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.

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

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

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