Other Additional Contributions Sample Clauses

Other Additional Contributions. Prior to completion of the ------------------------------ Project, any Partner may contribute additional capital to the Partnership upon the consent of the General Partner. Once the Project has been completed, if the General Partner determines in its sole discretion that the Partnership needs additional capital for any purpose, the General Partner may offer to the Partners the opportunity to make Additional Capital Contributions.
Sample 1
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Other Additional Contributions. Prior to completion of the ------------------------------ Project, any Partner may contribute additional capital to the Partnership upon the consent of the General Partner. Once the Project has been completed, if the General Partner determines in its sole discretion that the Partnership needs additional capital for any purpose, the General Partner may offer to the Partners the opportunity to make Additional Capital Contributions; provided, -------- that Xxxxxxxx shall be entitled to make his pro rata share of any Additional Capital Contributions (i.e., that portion which would preclude a change to Xxxxxxxx'x Percentage Interest under section 3.7), using the proceeds of a loan from the Partnership to Xxxxxxxx, which loan shall be repaid solely out of amounts otherwise distributable by the Partnership to Xxxxxxxx, under this Agreement.
Sample 1
Other Additional Contributions. Limited Partners may make additional Capital Contributions with the approval and under the terms and conditions set by the General Partner (including additional contributions of shares of Class A Common Stock of PubCo in exchange for Limited Partner Units of the Partnership upon the prior approval of the General Partner). The tax basis and agreed value of such contributions shall be reflected in the Partnership’s books and records. Partners shall not be required to make additional contributions.
Sample 1
Other Additional Contributions. Notwithstanding anything to the contrary herein, following the funding of the additional contributions to establish the Centerpointe Additional Interest pursuant to Section 1(a) above and except for any Reconciling Contribution made pursuant to Section 2 above, the Members shall fund Additional Contributions for the Centerpointe Project, as required in accordance with the Agreement, pro rata in accordance with their Percentage Interests. Additional Contributions funded for the Centerpointe Project from and after the date hereof, excluding additional contributions made in accordance with Section 1(a) above or Section 2 above, shall hereinafter be referred to as "Centerpointe New Equity"). For purposes of Sections 4.03(b) and 2.09(d) of the Agreement, with respect to any indemnification obligation arising out of or relating to the Centerpointe Project, the "Latest Distributions" shall mean the "Latest Distributions" solely with respect to the Centerpointe Project. Any Additional Contributions required to be made to the Company with respect to any Project other than the Centerpointe Project shall be made in accordance with the provisions of the Agreement, without regard to this Amendment.
Sample 1
Other Additional Contributions. Except as provided in Section 5.1, or as agreed to in writing by the Member, no Member shall have any obligation or liability to the Company or to the other Members to make any contributions to the capital of the Company.
Sample 1
Other Additional Contributions. Members may make additional Capital Contributions with the approval and under the terms and conditions set by the Board. The tax basis and agreed value of such contributions shall be reflected in the Company’s books and records. Members shall not be required to make additional contributions.
Sample 1

Related to Other 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 The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

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

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Organizational 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 $20.00, for a 2% General Partner Interest in the Partnership and has been admitted as the General Partner of the Partnership, and the Organizational Limited Partner made an initial Capital Contribution to the Partnership in the amount of $980 for a 98% Limited Partner Interest in the Partnership and has been admitted as a Limited Partner of the Partnership. As of the Closing Date, the interest of the Organizational Limited Partner shall be redeemed; and the initial Capital Contribution of the Organizational Limited Partner shall thereupon be refunded. Ninety-eight percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contributions shall be allocated and distributed to the Organizational Limited Partner, and the balance thereof shall be allocated and distributed to the General Partner.

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

  • 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.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

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