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.
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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. (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:
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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 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. 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 Partners have made the Capital Contributions as set forth in Exhibit A.

  • 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) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners 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 On March 7, 2007, the Member made a capital contribution of One Hundred Dollars ($100.00) to the Company, and, as consideration therefor, the Member received a percentage interest of One Hundred Percent (100%) in the Company.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

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