Loans/Additional Contributions Sample Clauses

Loans/Additional Contributions. 6.4.1The Managing Partner shall promptly provide notice to the Partners of any Capital Requirement and the nature thereof, including without limitation as to whether the same relates to a TI Cost. The Odyssey Entities shall not be required to make any contributions or loans to the Partnership on account of any Capital Requirement unless they so elect. If the Odyssey Entities elect to make a contribution to the Partnership on account of any Capital Requirement, then each Partner shall make a contribution (each, an "Additional Contribution") to the Partnership on account of such Capital Requirement in proportion to their respective Percentage Interests within thirty (30) days (or any shorter period (but not less than ten (10) business days) as may be required under the circumstances) following the giving of notice by the Managing Partner of such Capital Requirement. In no event shall the Odyssey Entities' Percentage Interests, share of Profits or Losses or distribution of Net Ordinary Cash Flow or Net Extraordinary Cash Flow be reduced or diminished by reason of any contributions or loans made by Reckson on account of any Capital Requirement nor shall the Capital Accounts of the Odyssey Entities be adjusted as a result of their election not to make any contribution or loan to the Partnership on account of any Capital Requirement.
Sample 1
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Related to Loans/Additional Contributions

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Initial Contributions In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10.10 for an interest in the Partnership and was admitted as the general partner of the Partnership, and the Initial Limited Partner made an initial Capital Contribution to the Partnership in the amount of $989.90 for an interest in the Partnership and was admitted as a limited partner of the Partnership.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Initial Contribution The capital contributions to be made by the Member and with which the Company shall begin business are as follows: Member Name Contribution Membership Interest Century Land Holdings, LLC $ 1,000.00 100 %

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • ALLOCATION OF CONTRIBUTIONS If the application is in good order, the initial Contribution will be applied within two Business Days of receipt at the Retirement Resource Operations Center. During the right to cancel period, all Contributions will be allocated in one or more of the Sub-Account(s) as specified in the application. During the right to cancel period, the Owner may change the allocations to the Sub-Accounts. Subsequent Contributions will be allocated to the Annuity Account in the proportion Requested by the Owner. If there are no accompanying instructions, then allocations will be made in accordance with standing instructions. Allocations will be effective upon the Transaction Date.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

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