Further Capital Contributions. Unless it agrees otherwise in writing or in an amendment to this Agreement, no Member shall be required to make Capital Contributions other than those it has committed to make hereunder as set forth in Sections 5.01, 5.02 and 5.03 and
Further Capital Contributions. No Party shall be required to provide any cash contributions to the capital of the Company without its consent other than those forming part of the Initial Contributions and the Additional Contributions as well as funding approved in accordance with Sections 9.2, 9.5 and 16.2(b).
Further Capital Contributions. No Limited Partner shall be required to purchase additional Units or make any Capital Contribution to the Partnership in excess of such Limited Partner's Capital Commitment. After all Capital Contributions in respect of Capital Commitments have been made and all contributions, including required General Partner contributions, have been invested by the Partnership, if the General Partner determines it to be in the best interests of the Partnership, the Partnership may offer all Limited Partners the opportunity to make additional contributions to the Partnership's capital on a pro rata basis, as determined by the General Partner.
Further Capital Contributions. If the Managing Member determines that the Company needs additional funds that the Managing Member determines should be funded with additional Capital Contributions from the Members, the Company shall give each Member at least Twenty (20) days’ notice of the Company’s need for the additional funds, the amount of the funds needed, the reason therefor, the Member’s additional Capital Contribution required thereby (which shall be equal to his Percentage of the aggregate funds being called), and the date by which the additional Capital Contribution is required to be made (each a “Call”). Notwithstanding the foregoing, the Members may prohibit the Manager or Managing Member from making an additional Capital Contribution vis-à-vis a Call through an affirmative vote of Members owning a majority of the Percentages of the Members to be held within Five (5) days of a Call being announced.
Further Capital Contributions. Subject to Section 6.03, no Partner shall make any further Capital contributions to the Partnership except with the unanimous agreement of the other Partners.
Further Capital Contributions. From and after the execution hereof, Tejon and Rockefeller shall fund pro rata based on their relative Percentage Interests the activities of the Company, including, without limitation, pre-leasing activities and pre-development expenditures such as consulting fees, architecture and engineering costs and marketing costs, and shortfalls in capital needed to fund the Company’s current or projected financial requirements, as and when necessary to fund the operations of the Company. The Managing Member may give written notice (the “Capital Call Notice”) of the need for such Capital Contributions to the other Member, which notice shall include a contribution date (“Contribution Date”) (which shall not be less than ten (10) business days following the effective date of such notice) upon which each Member shall have the obligation to contribute to the capital of the Company, in cash, such Member’s Percentage Interest of the amount specified in the Capital Call Notice. Tejon and Rockefeller shall receive credit to their respective Book Capital Accounts and Contribution Accounts at the time and in the amount that each such capital contribution is made. The Members may determine the amount and timing of contributions. Any such determination(s) shall constitute binding obligations of the Members. If the Company has insufficient funds to meet its current or projected financial requirements and the Managing Member fails to deliver a Capital Call Notice, then Rockefeller may give the Capital Call Notice pursuant to this Section 3.01(d).
Further Capital Contributions. (a) Subject to Section 5.02(f), from time to time after the Effective Date but prior to the Sandpiper Project In-Service Date, and following the issuance of a Call Notice, the Class A Members shall make additional cash contributions to the Company (i) in amounts and at such times as shall be determined by the Management Committee in accordance with the terms and provisions of this Agreement (including, without limitation, the provisions of Section 8.01(d)) and (ii) in an amount equal to the amount that the Company is required to pay to the Operator (or otherwise) pursuant to (and in accordance with) the terms and provisions of the Operating and Construction Management Agreement (in each case other than any amounts as may be necessary for the Design, Construction and Procurement of the Sandpiper Facilities and all other capital and operating expenses (including, for the avoidance of doubt, construction costs) attributable to the Sandpiper Facilities, which amounts shall be subject to capital calls pursuant to Section 5.02(b) below). All such capital contributions shall be made by the Class A Members to the Company in proportion to their respective Class A Percentage Interests. The Class A Members shall not be issued any Units in exchange for any capital contributions made in accordance with this Section 5.02(a).
Further Capital Contributions. 18 6.4. DEFAULTING LIMITED PARTNER......................................18 6.5. INTEREST........................................................19 6.6. ACCOUNTING PERIODS AND TAXABLE YEARS............................19 ARTICLE 7 Allocations.........................................................19 7.1. ALLOCATION OF PROFITS AND LOSSES; OTHER ALLOCATIONS.............19
Further Capital Contributions. 13 7.3 INTEREST................................................................................................13 7.4 ACCOUNTING PERIODS AND TAXABLE YEARS....................................................................13 ARTICLE VIII ALLOCATIONS.........................................................................................14
Further Capital Contributions. No Limited Partner shall be required to purchase additional Units or make any Capital Contribution to the Partnership in excess of such Limited Partner's initial Capital Contributions.
