Common use of Contributions to Capital Clause in Contracts

Contributions to Capital. (a) The minimum initial contribution of each Member to the capital of the Master Fund shall be $75,000, subject to the discretion of the Manager to accept initial investments in lesser amounts. The amount of the initial contribution of each Member shall be recorded on the books and records of the Master Fund upon acceptance as a contribution to the capital of the Master Fund. (b) The Members may make additional contributions to the capital of the Master Fund of at least $10,000 (subject to the discretion of the Manager to accept additional contributions in lesser amounts), effective as of such times as the Manager, in its discretion, may permit, subject to Section 2.7 hereof, but no Member shall be obligated to make any additional contribution to the capital of the Master Fund except to the extent provided in Section 5.7 hereof. (c) Except as otherwise permitted by the Board, (i) initial and any additional contributions to the capital of the Master Fund by any Member shall be payable in cash, and (ii) initial and any additional contributions in cash shall be payable in readily available funds.

Contributions to Capital. (a) The minimum initial contribution of each Member to the capital of the Master Fund Portfolio shall be $75,000100,000, subject to the discretion of the Manager to accept initial investments in lesser amounts. The amount of the initial contribution of each Member shall be recorded on the books and records of the Master Fund Portfolio upon acceptance as a contribution to the capital of the Master FundPortfolio. (b) The Members may make additional contributions to the capital of the Master Fund Portfolio of at least $10,000 50,000 (subject to the discretion of the Manager to accept additional contributions in lesser amounts), effective as of such times as the Manager, in its discretion, may permit, subject to Section 2.7 hereof, but no Member shall be obligated to make any additional contribution to the capital of the Master Fund Portfolio except to the extent provided in Section 5.7 hereof. (c) Except as otherwise permitted by the Board, (i) initial and any additional contributions to the capital of the Master Fund Portfolio by any Member shall be payable in cash, and (ii) initial and any additional contributions in cash shall be payable in readily available funds.