Contributions and Loans Sample Clauses

Contributions and Loans. (a) Members may make contributions of any tangible or intangible benefit, cash or other property to the capital of the Company at any time. Each Member’s membership interest is listed on Schedule A(attached and incorporated into this Agreement), which the Members should update as necessary. (b) The Members may extend loans to the Company. Loans made by Members to the Company are not considered capital contributions. The Members have exclusive authority to determine whether the Company will borrow funds from a Member and to negotiate, on behalf of the Company, the terms and conditions of any loan. No Member has any obligation to loan funds to the Company at any time.
Sample 1
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Contributions and Loans. (a) Members may make contributions of any tangible or intangible benefit, cash or other property to the capital of the Company at any time. Each Member’s membership interest is listed on schedule A (attached and incorporated into this Agreement), which the Members should update as necessary.
Sample 1
Contributions and Loans. In connection with the dissolution of the J.V. Company, Tellabs shall reimburse AFC for AFC's loans and advances to the J.V. Company in the amount of $1,650,563.51. In exchange for such reimbursement, AFC shall waive the debt and accounts receivable owed to AFC by the J.V. Company in an amount of $1,650,563.51, which is comprised of a $1,000,000 loan and $650,563.51 of accounts payable owing to AFC. In addition, Tellabs shall pay to AFC (i) interest of $69,791.87 (comprised of interest expense of $60,648.50 accrued up through June 15, 1996 plus $9,143.37 in interest income on cash in bank since June 15, 1996); and (ii) $31,001.94 representing equipment lease payments paid by AFC after April 3, 1996 relating to assets retained by Tellabs hereunder. The interest payment and equipment lease reimbursements are not included in the $1,650,563.51 owing on the loan and accounts payable.
Sample 1
Contributions and Loans. (a) By execution of this Agreement, the Limited Partner hereby agrees to contribute to the capital of the Partnership all of its assets and other rights (which are described on Exhibit “A” attached hereto), subject to the liabilities and obligations relating to such assets (which are listed and described on Exhibit “B” attached hereto). The Partnership hereby agrees to accept conveyance of the assets described on Exhibit “A” and assume the liabilities and obligations described on Exhibit “B” attached hereto upon such conveyance. The General Partner agrees to contribute to the capital of the Partnership an amount of cash equal to one percent (1%) of the total capital contributions to the Partnership.
Sample 1
Contributions and Loans. (a) By execution of this Agreement, the Partners hereby agree to contribute to the capital of the Partnership the dollar amounts set forth next to each Partner’s name on Exhibit A attached hereto in exchange for their interest in the Partnership.
Sample 1
Contributions and Loans. (a) The Member may make contributions of any tangible or intangible benefit, cash or other property to the capital of the Company at any time. Each Member’s Membership interest is listed on Schedule A(attached and incorporated into this Agreement), which the Member(s) should update as necessary. (b) The Member may extend loans to the Company. Loans made by the Member to the Company are not considered capital contributions. The Member has exclusive authority to P;\CorpSec\rvlaintenance\Atlns Redi Mix\LLC_Agreemeni.DOC
Sample 1
Contributions and Loans 
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Related to Contributions and Loans

  • Investments and Loans No Company shall: (a) create, acquire or hold any Subsidiary, (b) make or hold any investment in any stocks, bonds or securities of any kind, (c) be or become a party to any joint venture or other partnership, (d) make or keep outstanding any advance or loan to any Person, or (e) be or become a Guarantor of any kind; provided, that this Section shall not apply to:

  • Advances, Investments and Loans The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, lend money or credit or make advances to any Person, or purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person, or purchase or own a futures contract or otherwise become liable for the purchase or sale of currency or other commodities at a future date in the nature of a futures contract, or hold any cash or Cash Equivalents (each of the foregoing an "Investment" and, collectively, "Investments"), except that the following shall be permitted:

  • Advances and Loans So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the Holder’s written consent, lend money, give credit or make advances to any person, firm, joint venture or corporation, including, without limitation, officers, directors, employees, subsidiaries and affiliates of the Borrower, except loans, credits or advances (a) in existence or committed on the date hereof and which the Borrower has informed Holder in writing prior to the date hereof, (b) made in the ordinary course of business or (c) not in excess of $100,000.

  • Commitments and Loans Prior to the Restatement Effective Date, certain term loans were previously made to the Borrowers and certain revolving loans were previously made to the Borrowers as “Dollar Tranche Revolving Loans” and “Multicurrency Tranche Revolving Loans” under the Existing Credit Agreement which remain outstanding as of the Restatement Effective Date (such outstanding loans being hereinafter referred to as the “Existing Loans”). Subject to the terms and conditions set forth in this Agreement, the parties hereto agree that on the Restatement Effective Date the Existing Loans shall be re-evidenced as Initial Term Loans and Revolving Loans that are “Dollar Tranche Revolving Loans” and “Multicurrency Tranche Revolving Loans”, as the case may be, under this Agreement and the terms of the Existing Loans shall be restated in their entirety and shall be evidenced by this Agreement. Subject to the terms and conditions set forth herein, (a) each Dollar Tranche Lender (severally and not jointly) agrees to make Dollar Tranche Revolving Loans to the Borrowers in Dollars from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Lender’s Dollar Tranche Revolving Credit Exposure exceeding such Lender’s Dollar Tranche Commitment or (ii) the sum of the total Dollar Tranche Revolving Credit Exposures exceeding the aggregate Dollar Tranche Commitments, (b) each Multicurrency Tranche Lender (severally and not jointly) agrees to make Multicurrency Tranche Revolving Loans to the Borrowers in Agreed Currencies from time to time during the Availability Period in an aggregate principal amount that will not result in (i) subject to Sections 2.04 and 2.11(b), the Dollar Amount of such Lender’s Multicurrency Tranche Revolving Credit Exposure exceeding such Lender’s Multicurrency Tranche Commitment, (ii) subject to Sections 2.04 and 2.11(b), the sum of the Dollar Amount of the total Multicurrency Tranche Revolving Credit Exposures exceeding the aggregate Multicurrency Tranche Commitments or (iii) subject to Sections 2.04 and 2.11(b), the sum of the Dollar Amount of the total Multicurrency Tranche Revolving Credit Exposures, in each case denominated in Mexican Pesos, exceeding $500,000,000 and (c) each Additional Term Lender with an Additional Term Loan Commitment (severally and not jointly) agrees to make an Additional Term Loan to the Company in Dollars and to LKQ Netherlands in euro, in each case, on the Restatement Effective Date in an amount equal to the amount of such Lender’s applicable Additional Term Loan Commitment by making immediately available funds available to the Administrative Agent’s designated account, not later than the time specified by the Administrative Agent. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Dollar Tranche Revolving Loans and Multicurrency Tranche Revolving Loans. Amounts repaid or prepaid in respect of Term Loans may not be reborrowed.

  • Savings and Loan The Buyer (a) is a savings and loan association, building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements.

  • The Commitments and Loans Section 2.01 Commitments 53 Section 2.02 Borrowings, Conversions and Continuations of Loans 53 Section 2.03 Letters of Credit 56 Section 2.04 Swing Line Loans 63 Section 2.05 Prepayments 66 Section 2.06 Scheduled Repayment of Loans 68 Section 2.07 Termination and Reduction of Revolving Facility Commitments 68 Section 2.08 Interest 69 Section 2.09 Fees 69 Section 2.10 Computation of Interest and Fees 71 Section 2.11 Evidence of Debt 72 Section 2.12 Payments Generally; Administrative Agent’s Clawback 72 Section 2.13 Sharing of Payments by Lenders 74 Section 2.14 Incremental Loans 75 Section 2.15 Defaulting Lenders 77 Section 2.16 Cash Collateral 80 Section 2.17 Agent Advances; Overadvances 81 Section 2.18 Settlement 82 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY Section 3.01 Taxes 84 Section 3.02 Illegality 88 Section 3.03 Inability to Determine Rates 88 Section 3.04 Increased Costs 89 Section 3.05 Compensation for Losses 91 Section 3.06 Mitigation Obligations; Replacement of Lenders 91 Section 3.07 Survival 92 ARTICLE IV

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Capital Contributions and Accounts ..................................................12 4.01 Capital Contributions.............................................................12 4.02 Additional Capital Contributions and Issuance of Additional Partnership Interests.........................................................................12 4.03

  • 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.

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