Further Contributions. 11.1 The Scheme Specification shall set out any further contributions of each Partner to cover including staff (including the Pooled Fund Manager), premises, IT support and other non-financial resources necessary to perform its obligations pursuant to this Agreement (including, but not limited to, management of service contracts and the Pooled Fund).
Further Contributions. Except as specifically set forth in Section 4.02, no Partner shall be required or permitted to make further Capital Contributions to the Partnership.
Further Contributions. No Member shall be required to contribute any capital to the LLC for any reason whatsoever, except as provided in Section 3.2.
Further Contributions. (a) If the Company becomes obligated to make an indemnification payment (or to expend funds, or to make payments to third parties) pursuant to either of the Subscription Agreements with respect to Losses (as defined in each of the Subscription Agreements) and it does not at such time have sufficient Available Cash after payment of all amounts otherwise due or owing at such time, then the Crestwood Member shall promptly make a contribution of immediately available funds into the Company in an amount sufficient to permit the Company promptly to make such indemnification payment (or to pay such expense, or to pay any such third party) in full, and the Company shall promptly make such indemnification payment (or pay such expense, or pay any such third party) upon receipt; provided, however, that, following a Conversion, indemnification payments (as well as payments of expenses and payments to third parties) pursuant to either of the Subscription Agreements with respect to Losses (as defined in each of the Subscription Agreements) shall not be made by the Company from Available Cash but instead the Crestwood Member shall promptly make a contribution of immediately available funds into the Company in an amount sufficient to make the full amount of such indemnification or other payments in full from such contributed funds. Notwithstanding anything else in this Agreement to the contrary, (i) any such indemnification payment made by the Company from Available Cash (or any funds expended by the Company, or paid by the Company to a third party from a source other than a contribution by the Crestwood Member to the Company pursuant to this Section 4.05(a)) with respect to Losses (as defined in each of the Subscription Agreements) giving rise to such indemnification obligation (an “Indemnification Payment”) shall be deemed
Further Contributions. No further Capital Contributions (including any cash that may be required to pay Company costs and expenses) shall be required of any Member.
Further Contributions. If the total contributions payable to the Manager each year by the Owners as aforesaid shall become insufficient then the Owners shall upon request by the Manager and after approval by the Owners’ Committee make further contributions towards such costs charges and expenses in proportion to the Management Shares allocated to each of them.
Further Contributions. The liability of the Members to the Company is limited to the Capital Contributions as specified in Schedule 3.2 attached hereto, as it may be amended from time to time pursuant to Section 14.2. No additional Capital Contributions, or other funds, whether by way of contribution of capital, loan or otherwise, shall be required of any Member except by Supermajority Vote of the Members; provided. however, that each of the parties hereto shall contribute in cash to the capital of the Company (a) the amounts of US$375,000 within five (5) business days after execution of an agreement between SGI and LFC Co with respect to the First Transfer; and (b) the amounts of US$375,000 within (5) business days after execution of an agreement between SGI and LFC Co with respect to the Second Transfer, if any. Further, no interest shall accrue on any Capital Contribution and no Member shall have the right to withdraw or be repaid any Capital Contribution except as provided in the Agreement and any amendments thereto.
Further Contributions. 23 Section 3.3 Withdrawal of Capital.................................. 23 Section 3.4 Loans.................................................. 23 Section 3.5 Interest............................................... 24 Section 3.6
Further Contributions. Except as provided in Section 3.1, no --------------------- ----------- further Capital Contributions (including any cash that may be required to pay Company Costs and Expenses) shall be required of any Class A Member. From time to time after all Capital Commitments have been (or have deemed pursuant to Section 3.1(b)(v) to have been) called by the Company as Capital Contributions pursuant to a Contribution Notice, the Board may accept, on behalf of the Company, additional Capital Contributions by existing or new Class A Members in addition to those required of the Class A Members under Section 3.1(b), provided -------------- that if the Board accepts such additional Capital Contributions, the Board shall give each Class A Member a written notice (an "Acceptance Notice") thereof at ----------------- least ten days prior to the date of such acceptance pursuant to which each Class A Member may (but is not obligated to) make additional Capital Contributions such that such Class A Member retains its Fully Contributed Profit Percentage. The Board shall describe the procedures (which shall be determined by the Board in its sole and absolute discretion, except that such procedures will be equally applicable to all Class A Members) for exercising such right of the Class A Members to make additional Capital Contributions in the Acceptance Notice. Notwithstanding anything in this Agreement to the contrary, no capital called by the Company pursuant to any Contribution Notice or Acceptance Notice or otherwise shall be deemed an asset of, or contribution to, the Company for twenty (20) Business Days after receipt of such capital, unless and until such capital is released from custodial or escrow accounts by the Board and is (i) invested by and for the account of the Company in stock or other securities that the Board designates as Company portfolio assets or (ii) used for Company Costs and Expenses or other purposes that the Board expressly authorizes.
Further Contributions. 1.2.2.1 For each of the years 2011, 2012 and 2013, each Member shall pay an annual contribution based on the tonnage criteria in 1.2.
1. Such contributions will be based on the financing requirements of the Consortium for the year in question. Any consortium member whose tonnage of boron and/or phosphorus is less than 5 tonnes shall not be required to pay any further contribution in respect of such substance(s) beyond those levied prior to January 1st 2013.
1.2.2.2 For 2011 such contributions shall be determined and advised to members no later than June 30th of that year.
1.2.2.3 For the years 2012 and 2013, such contributions shall be determined and advised to members no later than November 30th of the year prior to the year in question.
