Outstanding Capital Contribution Sample Clauses
The Outstanding Capital Contribution clause defines the amount of capital that a party has committed to contribute to a company or partnership but has not yet paid. In practice, this clause tracks the unpaid portion of each member's or shareholder's agreed investment, which may be called upon by the company as needed for operations or growth. Its core function is to ensure transparency and accountability regarding financial obligations, helping to prevent disputes over unpaid contributions and clarifying each party's remaining funding responsibilities.
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Outstanding Capital Contribution. “Outstanding Capital Contribution” shall mean the excess of (i) the aggregate amount of a Member’s Capital Contributions pursuant to Article III, over (ii) the aggregate amount previously distributed to such Member pursuant to Section 6.6(e).
