Common use of Funding Mechanics Clause in Contracts

Funding Mechanics. The amount of each Capital Contribution shall be specified by the Company in a written Payment Notice delivered to each member at least thirty (30) days prior to the date that the amount due. Capital Contributions shall be made by wire transfer or immediately available funds to the account specified in the applicable Payment Notice or by such other method as the Managing Member specifies in such Payment Notice.

Funding Mechanics. The amount of each Capital Contribution shall be specified by the Company in a written Payment Notice delivered to each member at least thirty (30) days prior to the date that on which the amount is due. Capital Contributions shall be made by wire transfer or immediately available funds to the account specified in the applicable respective Payment Notice or by such other method as the Managing Member specifies in such Payment Notice.