Future Capital Requirements Sample Clauses

Future Capital Requirements. Section 5.1 Series LH Partnership Interests and Capital Contributions. The Percentage Interests of each Series LH General Partner and Series LH Limited Partner as of the date of this Agreement are as set forth on Exhibit A. Any Series LH Limited Partner, with the consent of the Managing General Partner of the Series LH, may, but shall not be obligated to, make additional Capital Contributions to the Series LH. Upon any such additional Capital Contribution, each Series LH General Partner and any other Series LH Limited Partner shall be obligated to make an additional Capital Contribution to the Series LH in an amount necessary to maintain its Series LH Percentage Interest.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Future Capital Requirements. (a) If, prior to the Implementation Date, either party requires additional debt or equity capital (in addition to the equity capital contemplated in clauses 12.1 and 12.2 and, in respect of Xxxxxx, any debt from time to time raised in connection with the Proposed Facility) (Additional Capital), the parties will discuss in good faith the sourcing of the Additional Capital in a manner and from sources that will maximise the prospects of each party sourcing its pro rata share of the Additional Capital such that the principles applied in agreeing the Exchange Ratio (immediately prior to the Execution Date) are kept intact and no adjustment to the Exchange Ratio is necessitated by the capital raising(s).
Sample 1
Future Capital Requirements. In the course of expansion, there is no guarantee that the Company will be able to raise adequate capital to fund subsequent growth, whether via the capital markets, private placements, lines of credit or other means.
Sample 1
Future Capital Requirements. (a) If the General Partner elects to increase the capital of the Partnership over and above the sum of (i) the initial Capital Contributions of the General Partner and the Original Limited Partner (including, without limitation, additional initial Capital Contributions made at Subsequent Closings) and (ii) the Additional LP Capital Contributions (irrespective of whether all of the Capital Contributions referred to in clauses (i) and (ii) are then paid in), if any such Additional LP Capital Contributions are made, the General Partner may do so through the issuance of additional limited partnership interests provided, that no additional limited partnership interests may be offered on terms which would, prior to the Put Date, (x) reduce or change the timing or priority of, any distribution or payment otherwise receivable by the Original Limited Partner in accordance with the terms of this Agreement, or (y) provide for any puts, calls, tenders or the like on terms more favorable (whether in price, timing or otherwise) to the holders of such additional limited partnership interests (the "Subsequent Limited Partners") than the terms of the Early Put, the Put, the Call and the Tender Offer provided for to the Original Limited Partner.
Sample 1
Future Capital Requirements. If any present or future applicable Legal Requirement (whether or not having the force of law) or the interpretation thereof by a court or governmental authority with appropriate jurisdiction affects the amount of capital required or expected to be maintained by the Issuing Bank, any Participant or the Agent or any corporation controlling the Issuing Bank, such Participant or the Agent and the Issuing Bank, such Participant or the Agent determines that the amount of capital required to be maintained by it or such corporation is increased by or based upon the existence of this Agreement and the other Credit Documents, then the Issuing Bank or the Agent may notify the Account Party of such fact, and the Account Party shall pay to the Issuing Bank or the Agent (for the benefit of the subject Participant, if applicable) from time to time within ten (10) days of the written demand made by the Issuing Bank or the Agent setting forth in reasonable detail the effect of the applicable Legal Requirement, as an additional fee payable hereunder, such amount as the Issuing Bank, such Participant or the Agent shall determine in good faith and certify in a notice to the Account Party to be an amount that will adequately compensate the Issuing Bank, such Participant, the Agent, or such corporation in light of these circumstances for its increased costs of maintaining such capital.
Sample 1
Future Capital Requirements. The Company's future capital requirements will depend upon many factors, including the development of new water purification products, possible requirements to maintain adequate manufacturing facilities, the progress of the Company's research and development efforts, expansion of the Company's marketing and sales efforts and the status of competitive products and services. The Company believes that it will require additional funding in order to fully exploit its plan for operations. There can be no assurance, however, that the Company will secure such additional financing. There can be no assurance that any additional financing will be available to the Company on acceptable terms, or at all. If issuing equity securities raises additional funds, further dilution to the existing stockholders will result. Private and Confidential
Sample 1
Future Capital Requirements. The Shareholders anticipate that NewCo shall require additional capital and operating funds in the future in connection with the joint venture business as contemplated herein. Subject to Section 4.3, the Shareholders contemplate that any such additional capital and operating funds shall be obtained from the following sources as may be approved by both Shareholders from time to time: (a) loans obtained by NewCo from appropriate banks or other lenders, (b) increases in share capital of NewCo, or (c) loans or guarantees provided by the Shareholders, whether jointly or separately, in proportion to their share ownership of NewCo. The details of all such additional capital and operating funds requirements of NewCo shall be provided for in the Annual Business Plans to be formulated in accordance with Section 3.1, and if such Annual Business Plans call for NewCo to take any of the actions set forth in Section 2.2(d), any such Annual Business Plan shall be subject to the requirement of approval by both of the Shareholders in accordance with Sections 2.2(b), (c) and (d). For all additional capital and operating funds that the Shareholders both agree that NewCo requires, each Shareholder shall have the right (but not the obligation) to respectively loan, guarantee loans to or subscribe for additional equity (subject to Section 4.6(b)), as jointly agreed, in proportion to their Share ownership of NewCo.
Sample 1
AutoNDA by SimpleDocs
Future Capital Requirements. (a) If, within twelve (12) months after the Closing. the Board of Directors determines that the Company requires additional capital of $3,000,000 or less for any corporate purpose, then the Company may offer shares of common stock to its existing shareholders (including the Investor), on a pro rata basis based on the relative holdings of the shareholders of the common stock of the Company (assuming all Preferred Shares have been converted), for a period of not more than sixty (60) days, at a price per share not less than (i) $3.308, if such offering is commenced within six (6) months after the Closing Date, or (ii) $3.804, if such offering is commenced after the date which is six (6) months after the Closing Date. Such offeree shareholders may assign their right to acquire shares of common stock with the consent of the Company, which may be withheld in the Company's sole discretion.
Sample 1
Future Capital Requirements 
Sample 1Sample 2

Related to Future Capital Requirements

  • Capital Requirements If any Lender or the L/C Issuer determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered.

  • Increased Capital Requirements If at any time any Lender or L/C Issuer determines that, after the date hereof, the adoption of, or any change in or in the interpretation, application or administration of, or compliance with, any Requirement of Law (other than any imposition or increase of Eurodollar Reserve Requirements) from any Governmental Authority regarding capital adequacy, reserves, special deposits, compulsory loans, insurance charges against property of, deposits with or for the account of, Obligations owing to, or other credit extended or participated in by, any Lender or L/C Issuer or any similar requirement (in each case other than any imposition or increase of Eurodollar Reserve Requirements) shall have the effect of reducing the rate of return on the capital of such Lender’s or L/C Issuer (or any corporation controlling such Lender or L/C Issuer) as a consequence of its obligations under or with respect to any Loan Document or Letter of Credit to a level below that which, taking into account the capital adequacy policies of such Lender, L/C Issuer or corporation, such Lender, L/C Issuer or corporation could have achieved but for such adoption or change, then, upon demand from time to time by such Lender or L/C Issuer (with a copy of such demand to the Administrative Agent), the Borrower shall pay to the Administrative Agent for the account of such Lender amounts sufficient to compensate such Lender for such reduction.

  • Financial Requirements A report of monthly and cumulative financial requirements; and

  • Compliance with Capital Requirements You represent that your commitment to purchase the Securities will not result in a violation of the financial responsibility requirements of Rule 15c3-1 under the 1934 Act or of any similar provision of any applicable rules of any securities exchange to which you are subject or, if you are a financial institution subject to regulation by the Board of Governors of the U.S. Federal Reserve System, the U.S. Comptroller of the Currency, or the U.S. Federal Deposit Insurance Corporation, will not place you in violation of any applicable capital requirements or restrictions of such regulator or any other regulator to which you are subject.

  • Collateral Requirements The Collateral Requirements in relation to all positions held in the accounts established pursuant to the 40 Act Financing Agreements (the “Positions”) shall be the greatest of:

  • Environmental Requirements C7.1 The Contractor shall, when working on the Premises, perform its obligations under the Contract in accordance with the Authority’s environmental policy, which is to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment.

  • General Requirements The Contractor hereby agrees:

  • Additional Requirements As a condition precedent to the execution and Delivery, the registration of issuance, transfer, split-up, combination or surrender, of any ADS, the delivery of any distribution thereon, or the withdrawal of any Deposited Property, the Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of ADSs or of an ADR of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees and charges of the Depositary as provided in Section 5.9 and Exhibit B, (ii) the production of proof reasonably satisfactory to it as to the identity and genuineness of any signature or any other matter contemplated by Section 3.1, and (iii) compliance with (A) any laws or governmental regulations relating to the execution and Delivery of ADRs or ADSs or to the withdrawal of Deposited Securities and (B) such reasonable regulations as the Depositary and the Company may establish consistent with the provisions of the representative ADR, if applicable, the Deposit Agreement and applicable law.

  • Governmental Requirements The Provider warrants and represents that it will comply with all governmental ordinances, laws and regulations.

  • General Requirement Any notice, election, demand, request, consent, approval, or other communication required or permitted to be given under this Contract shall be in writing signed by an officer or duly authorized representative of the party making same and shall be delivered personally or shall be sent by certified or statutory mail, postage prepaid, return receipt requested, shall be effective as of the date on which it is received or would have been received but for the refusal of the addressee to accept delivery, and shall be addressed as shown in the Contract. The persons and addresses to which notices should be given may be changed by notice given in accordance with this Article.

Time is Money Join Law Insider Premium to draft better contracts faster.