Limited Partner Capital Contributions. Each Limited Partner has heretofore contributed, or is deemed to have contributed, as its Capital Contribution to the capital of the Partnership, the property reflected in the Partnership’s books and records as having been contributed by it.
Limited Partner Capital Contributions. Except as expressly provided in Sections 4.3, 4.4, 4.5 and 4.8 below, no Partner may make, and no Partner shall have the obligation to make, additional contributions to the capital of the Partnership without the consent of the General Partners.
Limited Partner Capital Contributions. (a) On the terms and subject to the conditions set forth in this Agreement, on the date hereof, each Partner shall make its Capital Contribution in the amount set forth opposite its name on Schedule I. Capital Contributions shall be payable in immediately available funds. In no event shall a Limited Partner be required to contribute capital to the Partnership in excess of its Capital Contribution. In exchange for its Capital Contribution, each Partner shall be issued the number and class of Partnership Units set forth opposite such Partner’s name on Schedule I and upon such issuance pursuant to this Agreement, the Partnership Units so issued shall be deemed to be duly issued and fully paid and nonassessable Partnership Interests in the Partnership.
Limited Partner Capital Contributions. Prior to or concurrent with the Completion of the Offering, certain Limited Partners contributed, or caused to be contributed, as its initial Capital Contribution to the capital of the Partnership, all of such Limited Partner’s right, title and interest in the Purchase Contracts, the Contributed Interests and the Plumtree Property.
Limited Partner Capital Contributions. (a) Each Limited Partner had made contributions to the capital of the Partnership and has the Common Units, Convertible Preferred Units or Series C Preferred Units set forth opposite its name on EXHIBIT A.
(b) The General Partner is authorized to cause the Partnership to issue Series C Preferred Units to an institutional investor from time to time pursuant to that certain Series C Purchase Agreement dated as of August 8, 1997 by and among such institutional investor, the General Partner and the Partnership (the "Series C Preferred Purchase Agreement") for the consideration set forth therein, and upon payment of such consideration such Person shall be admitted as a Limited Partner of the Partnership.
(c) The General Partner is authorized to cause the Partnership to issue Common Units and Convertible Preferred Units to limited partners of Horizon Limited Partnership as contemplated by the Merger Agreement, and upon issuance thereof upon consummation of the Merger, such Persons shall be admitted as Limited Partners of the Partnership.
Limited Partner Capital Contributions. The Limited Partner shall contribute as a Capital Contribution the property described in an assignment and assumption agreement dated as of the date hereof (the “Assignment and Assumption Agreement”), the form of which is attached as Appendix A hereto. Such Capital Contribution shall be a net contribution comprising certain assets which will be assigned to the Partnership by the Limited Partner net of certain liabilities which will be assumed by the Partnership, all pursuant to the Assignment and Assumption Agreement. It is intended that the Limited Partner’s Capital Contribution shall result in a 99% Percentage Interest for the Limited Partner.
Limited Partner Capital Contributions. (a) Each Initial Limited Partner shall contribute, as a contribution to the capital of the Partnership, the Property and other assets described on Exhibit B next to the name of such Initial Limited Partner. In exchange for such Contributed Limited Partner Property to be contributed by the Initial Limited Partners, the Partnership shall issue to each Initial Limited Partner the number of Partnership Units set forth on Exhibit B next to the name of each such Initial Limited Partner.
(b) At such time as additional Limited Partners are admitted to the Partnership or additional Partnership Units are issued to Limited Partners pursuant to Section 9.3, such Limited Partners shall contribute, or cause to be contributed, as their initial (or additional, as the case may be) contribution to the capital of the Partnership, in exchange for Partnership Units, Property or other assets as shall be set forth in, and in accordance with and subject to the terms and conditions of, Contribution Agreements.
Limited Partner Capital Contributions. The Limited Partner shall contribute as a Capital Contribution the property described in an assignment and assumption agreement dated as of the date hereof (the “Assignment and Assumption Agreement”), the form of which is attached as Appendix A hereto. Such Capital Contribution shall be a net contribution comprising certain assets which will be assigned to the Partnership by the Limited Partner net of certain liabilities which will be assumed by the Partnership, all pursuant to an the Assignment and Assumption or Agreement. It is intended that the Limited Partner’s Capital Contribution shall result in a 99% Percentage Interest for the Limited Partner. [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91
Limited Partner Capital Contributions. 3.3.1. Each Partner shall make Capital Contributions to the Partnership up to the amount of its Capital Commitment, as set forth in its Subscription Agreement.
3.3.2. Each Limited Partner shall be obligated to make Capital Contributions in response to a written notice from the General Partner (a “Drawdown Notice”), as follows:
(a) Drawdown Notices shall specify the amount of the Capital Contribution and any additional payments, the due date for such Capital Contribution and additional payments, the procedure for payment and, for informational purposes only, a description as to the intended use of such Capital Contribution; provided, that the General Partner, in its sole discretion, may use any such Capital Contribution for other purposes provided for in this Agreement.
(b) The date specified for the payment of the Capital Contribution shall not be less than ten (10) Business Days after the date of the Drawdown Notice.
(c) The General Partner shall issue Drawdown Notices in accordance with the Partner Percentages of the Limited Partners (limited to Limited Partners who are still in their Commitment Period, except as provided in Paragraph 3.3.2(e)), or otherwise as may be contemplated by this Agreement.
(d) A Drawdown Notice may be issued during the Commitment Period to:
(i) pay Acquisition Costs for Investments (including Follow-On Investments);
(ii) pay or provide for the payment of Organizational Expenses, Partnership Expenses and liabilities of the Partnership or other Partnership Entities, including Management Fees and including the repayment of any borrowing under a Credit Facility or other obligations incurred under or in connection with a Credit Facility; or
(iii) fund reserves reasonably established for any of the general purposes set forth in Clauses (d)(i)–(ii) above.
(e) A Drawdown Notice may be issued after the end of the Commitment Period only to the extent that any such Drawdown Notice calls for Capital Contributions that will be used to:
(i) pay or provide for the payment of Organizational Expenses and Partnership Expenses that the General Partner determines, in its sole discretion, have been incurred or that the General Partner reasonably believes, in its sole discretion, may become due within six
Limited Partner Capital Contributions. At such a time as additional Limited Partners are admitted to the Partnership or additional Partnership Units are issued to Limited Partners pursuant to Section 9.3, such Limited Partners shall contribute, or cause to be contributed, as their initial (or additional, as the case may be) contribution to the capital of the Partnership, in exchange for Partnership Units, Property or other assets as shall be set forth in, and in accordance with an subject to the terms and conditions of, Contribution Agreements.
