General Partner Contribution. The General Partner has made an initial contribution of $0.01 to the capital of the Partnership and has made subsequent capital contributions prior to the date hereof of $89,055,000.
General Partner Contribution. On or before the date of this Agreement, the General Partner will contribute to the capital of the Partnership cash in an amount equal to 20% (up to $202,375) of the total cash contributed to the Partnership by the Partners in the offering made pursuant to the Summary.
General Partner Contribution. The General Partner has contributed the sum of $100 to the capital of the Partnership.
General Partner Contribution. The General Partner has made an initial contribution of $[500] to the capital of the Partnership and will make subsequent capital contributions prior to the Merger Effective Time of Transit shares and CanHoldco shares as part of the Integration.
General Partner Contribution. On dissolution of the Partnership, the General Partner will contribute to the Partnership an amount of cash equal to the lesser of (A) the deficit balance in the General Partner’s Capital Account or (B) the excess of 1.00% of the total Capital Contributions of the Limited Partner over the total Capital Contributions of the General Partner.
General Partner Contribution. Notwithstanding anything in this Agreement to the contrary, the Board shall have the right by delivery of written notice to the Members to require the Company, the Board and the Members (in their capacities as Members and, to the extent applicable, as holders of Common Units) on their own behalf and on behalf of their respective Member Groups, take all necessary action to (a) transfer all of the outstanding Membership Interests to the Partnership for no additional consideration; (b) amend the Partnership Agreement to provide the holders of Common Units with voting rights in the election of the members of the board of directors of the Company, as the general partner of the Partnership; and (c) amend this Agreement to reflect the provisions in the amended Partnership Agreement providing the holders of Common Units with voting rights in the election of the members of the board of directors of the Company, as general partner of the Partnership.
General Partner Contribution. On or immediately after the Effective Date, the General Partner shall contribute $6,641.40 in cash to the Partnership. Such contribution shall result in a credit to the General Partner's Common Sub-Account of $6,641.40.
General Partner Contribution. Article IV of the Second Restated Partnership Agreement is hereby amended by the deletion of the first sentence of Section 4.1 thereof and by the substitution of the following new sentence in its place and stead: The General Partner has contributed to the Partnership as its Capital Contribution the cash and property reflected in the Partnership's books and records as having been contributed by it, including without limitation the cash being contributed by the General Partner to the Partnership contemporaneously with the execution hereof in connection with the PIERS Offering.
General Partner Contribution. A General Partner is not required to make any Capital Contribution to the Partnership in addition to the Capital Contribution made by it pursuant to Section 4.3, provided that a General Partner shall be required to own at least 0.01% of the issued and outstanding Class A Units at all times.
General Partner Contribution. Effective as of the Effective Time, ---------------------------- the General Partner hereby grants, contributes, transfers and conveys to the Partnership, its successors and assigns, for its and their own use forever, all right, title and interest of the General Partner in and to the Operating Company LLC Interest in exchange for (i) the continuation of the General Partner's interest in the Partnership, (ii) the right to receive Incentive Distributions (as defined in the Partnership Agreement) and receipt of 1,387,963 Subordinated Units, and (iii) other good and valuable consideration, the sufficiency of which is hereby acknowledged and the Partnership hereby accepts the Operating Company LLC Interest, as a contribution to the capital of the Partnership. TO HAVE AND TO HOLD the Operating Company LLC Interest unto the Partnership, its successors and assigns, together with all and singular the rights and appurtenances thereto, subject, however, to the terms and conditions stated in this Agreement, forever.
