Certain Capital Contributions. The Partners intend (i) that the General Partner or SHC LP make 100% of the Capital Contributions required by the Company to fund the Company’s indirect investment, through the Subsidiaries, in SHC Hotel Del Tenant Corp., that any future equity capital required by SHC Hotel Del Tenant Corp. be funded, through the Subsidiaries, directly or indirectly solely by the General Partner or SHC LP (including by use of amounts otherwise allocable to them), and that notwithstanding the acquisition of such investment for the General Partner’s or SHC LP’s account, the allocable portion of the Company’s direct and indirect interests in the Subsidiaries and the Tenant shall become and remain property of the Company and the respective Subsidiaries and be deemed part of the capital contributed by the General Partner; and (ii) that the Class A Limited Partners other than SHC LP, pro rata in accordance with their Class A Percentage Interests, make 100% of the Capital Contributions required by the Company to fund the Company’s indirect investment, through the Subsidiaries, in its interest in the Tenant, that any future equity capital required by the Tenant, to the extent required to be funded directly by SHC Hotel Del Tenant Corp. be funded, through the Subsidiaries, directly or indirectly solely by the Class A Limited Partners other than SHC LP, pro rata in accordance with their Class A Percentage Interests (including by use of amounts otherwise allocable to them), and that notwithstanding the acquisition of such investment for the Class A Limited Partners’ other than SHC LP’s accounts, the allocable portion of the Company’s direct and indirect interests in the Subsidiaries and the Tenant shall become and remain property of the Company and the respective Subsidiaries and be deemed part of the capital contributed by the Class A Limited Partners other than SHC LP, consistent, in all respects, and for all purposes, with Rev. Rul. 55-39, 1955-1 CB 403.
Certain Capital Contributions. Xxxxx Financial hereby agrees that to the extent any dividends or distributions of equity are made by the Home Equity Business Segment out of funds held by Xxxxx Union Bank within such business segment, and such dividends or distributions are in excess of or are made subsequent to repayment in full of all capital contributed thereto by Xxxxx Financial or any of its affiliates (including without limitation other business segments of Xxxxx Union Bank), Xxxxx Financial shall make a corresponding contribution to the capital of the Corporation to be accounted for as Common Stock, without dilution to Xxxxxxx.
Certain Capital Contributions. Each of VI and MSAP shall have made a cash capital contribution to GSHS in the amount of $163,333.
Certain Capital Contributions. The capital projects approved by the Boards of Directors for Dakota Access and Energy Transfer Crude Oil Company as of September 19, 2017. SCHEDULE 3.4 Consents
Certain Capital Contributions. The Minority Stockholders covenant and agree that any Minority Stockholder that exercises any right to exchange shares of Common Stock pursuant to the Exchange Agreement prior to the time that all payments to be made to participants under the GSHS Long-Term Compensation Plan (as defined in the Stock Purchase Agreement) in connection with the termination or amendment of such plan pursuant to Section 6.12 of the Stock Purchase Agreement have been made shall pay to the Corporation prior to such exchange an amount in cash equal to $163,333 times a fraction, the numerator of which is the number of shares of Common Stock so to be exchanged and the denominator of which is the number of shares of Common Stock beneficially owned by such Minority Stockholder on the date of this Agreement.
Certain Capital Contributions
