Operations While FGMI Is Making Its Initial Contribution Sample Clauses

Operations While FGMI Is Making Its Initial Contribution. 9.03 Presentation of Programs and Budgets
Sample 1
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Operations While FGMI Is Making Its Initial Contribution. Until FGMI has fulfilled its Initial Contribution, FGMI shall have the sole right to determine the nature, timing, scope, extent, and method of all Operations without any obligation to hold meetings of the Management Committee, to prepare Programs and Budgets for review, comment or approval by XXXXX, or to obtain the approval or consent of XXXXX or the Management Committee. In conducting such Operations, FGMI shall be entitled, but shall not be obligated, to exercise any of the applicable powers of the Manager in Section 8.02, except that until FGMI has completed its Initial Contribution it shall not be entitled or required to perform the activities described in Section 8.02(g) or Section 8.02(i) that would otherwise require consent of the Management Committee or XXXXX. Prior to completion of its Initial Contribution, FGMI, in lieu of any reporting requirements under this Agreement, shall do the following:
Sample 1

Related to Operations While FGMI Is Making Its Initial Contribution

  • Contributions by Initial Limited Partners (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.

  • 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.

  • 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 %

  • Capital Expenditures, etc With respect to Capital Expenditures, the parties covenant and agree as follows:

  • Initial Contribution of Trust Property; Organizational Expenses The Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of any Trustee, promptly reimburse such Trustee for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

  • 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.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

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