No Additional Contribution Sample Clauses

No Additional Contribution. Except as provided in this Section 4.1(a)(2), no Member shall be required to contribute any additional capital to the Company, and no Member shall have any personal liability for any obligation of the Company or any other Member. Notwithstanding the foregoing, the Managing Member shall be liable to repay to the Special Member 50% of any additional capital contributions made by the Special Member in excess of the additional capital contributions contemplated by Section 4.1(a)(2)(i) and 4.1(a)(2)(ii) hereof in connection with (A) any settlement of a Proceeding (as defined in Section 7.1 below) involving the Company agreed to by the Managing Member and the Special Member and (B) any judgement issued or fine assessed against the Company.
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No Additional Contribution. Each Partnership Unit on issuance shall be fully paid and shall not be subject to any assessment for additional Capital Contributions.
No Additional Contribution. No Member shall be required to make any contributions to the capital of the Company except to the extent provided by Section 3.4 or Section 4.6(a).
No Additional Contribution. Except as provided in Article 2242 of the Civil Code, a Special Partner may not be required to make any contribution in addition to its agreed contribution to the Capital of the Limited Partnership pursuant to Section 4.3 hereof. Nothing herein shall relieve the General Partner from its responsibility for debts, obligations and liabilities of the Limited Partnership as provided by the Civil Code.
No Additional Contribution. No Partner shall be required to make any Capital Contributions to the Partnership beyond those described in this Agreement or otherwise agreed to in writing by the Partner from whom such additional Capital Contribution is sought.

Related to No Additional Contribution

  • 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.

  • 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.

  • No Additional Compensation Notwithstanding any other provision of this Agreement, the obligation of Agency to return Referred Accounts, provide current status reports of all such accounts or information reasonably required by Client shall be without right to any additional Contingent Fee, administrative fees or other compensation of any kind or type whatsoever after such termination date, including, without limitation, in quantum meruit, for any Services rendered prior to termination (except on recoveries received and remitted to Client pursuant to this Agreement prior to termination) whether or not said Services result in or contribute to recoveries received after termination.

  • No Additional Consideration For the avoidance of doubt, the transfer or assumption of any Assets or Liabilities under this Section 2.7 shall be effected without any additional consideration by either party.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • No Additional Payments There is no obligation on the part of the Company or any other party to make payments in addition to those made by the Mortgagor;

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

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