Contributions to the Venture Sample Clauses

Contributions to the Venture. As and when the Venture determines -------- ---------------------------- by unanimous consent from time to time that it requires cash, each Venturer hereby agrees that it shall make cash contributions to the Venture in an amount equal to such Venturers respective interest in the Venture of each such cash requirement.
Sample 1
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Contributions to the Venture. Subject to the terms and conditions set forth in this Agreement, on the Closing Date, (a) RREEF shall contribute to the Venture the Contribution Amount, (b) CarrAmerica shall contribute, assign, and transfer to the Venture, and RREEF and CarrAmerica shall cause the Venture to accept from CarrAmerica, CarrAmerica’s right, title and interest in and to the Real Property and the Personal Property; and (c) CarrAmerica shall contribute, assign, and transfer to the Venture, and RREEF and CarrAmerica shall cause the Venture to accept and assume (except as otherwise provided herein) from CarrAmerica, CarrAmerica’s rights under the Intangible Property and all obligations that accrue thereunder from and after the Closing.
Sample 1
Contributions to the Venture. A. Scafholding shall provide the Scafholding Venture with funds sufficient for acquisition of Property and the tax certificates and the tax deeds for Property, as well as provide working capital as determined to be necessary to carry out the purposes of this Agreement. The interest rate on the outstanding debt shall be equal to the prime rate as of July 1, 2001 plus one percent. The Scafholding Venture shall not be required to make interest payments. A capital contributions account shall be established and maintained for Scafholding. Scafholding shall be credited with the amount of all cash contributions to the capital of the Venture, plus all interest accrued thereon.
Sample 1

Related to Contributions to the Venture

  • Contributions to Capital (a) The minimum initial contribution of each Member to the capital of the Company 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 Company upon acceptance as a contribution to the capital of the Company. The Directors shall not be entitled to make voluntary contributions of capital to the Company as Directors of the Company, but may make voluntary contributions to the capital of the Company as Members.

  • Initial Contributions In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10.10 for an interest in the Partnership and was admitted as the general partner of the Partnership, and the Initial Limited Partner made an initial Capital Contribution to the Partnership in the amount of $989.90 for an interest in the Partnership and was admitted as a limited partner of the Partnership.

  • Capital Contributions Distributions 10 SECTION 5.1

  • 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.

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • 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.

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

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

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