Funding of Construction. Once the Program is adopted by the Parties and after the Operative Date, the Participants will fund the Program in accordance with each of their proportionate Shares in the Property. If any Participant elects not to contribute to a Program, it will have its Interest diluted in the manner contemplated in Sections 15.5 and 15.6.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (American Uranium Corp), Limited Liability Company Operating Agreement (Strathmore Minerals Corp.)
Funding of Construction. Once the Program is adopted by the Parties and after the Operative DateMembers, the Participants Members will fund the Program in accordance with each of their proportionate Shares pro-rata interests in the PropertyCompany. If any Participant Member elects not to contribute to a Program, it will have its Ownership Interest diluted in the manner contemplated in Sections 15.5 15.4 and 15.615.5.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Strathmore Minerals Corp.), Limited Liability Company Operating Agreement (Yellowcake Mining Inc.)
