Partners and Contributions Sample Clauses

Partners and Contributions. The General Partner has made a -------------------------- contribution of $50 in cash to the capital of the Partnership. Subject to the terms and conditions of the Capital Contribution Agreement, the initial capital contribution of the Limited Partner specified in Section 2(a) (i) thereof shall be made on the Initial Capital Contribution Date. Subject to the terms and conditions of the Capital Contribution Agreement, the Limited Partner shall make the additional capital contributions specified in Section 2(a) (ii) thereof (a) in respect of the Common Limited Partnership Interest, on or prior to the Second Capital Contribution Date and (b) in respect of the Preferred Limited Partnership Interest, on the Second Capital Contribution Date. The General Partner shall contribute to the Partnership on the Second Capital Contribution Date its $25,000,000 account receivable from the Partnership, and thereafter shall contribute to the Partnership an amount equal to the excess of (i) all costs of constructing the Project (including those reflected in the Completion Budget) over (ii) the sum of (I) the balance in the Revenue Account as of the Second Capital Contribution Date, (II) TO the extent included as a cost of constructing the project, the $25,000,000 account receivable of the General Partner referred to above and (III) $500,000,000. The Gross Asset Values of the licenses, permits, contracts and other intangible assets of the Partnership will be increased, pursuant to clause (ii) (1) of the definition of Gross Asset Value, at the time of each contribution by the Limited Partner, by an amount equal to one-half of the aggregate Limited Partner contributions at such time, and the Capital Account balance of the General Partner will be increased by a corresponding amount pursuant to the proviso at the end of subsection 5.5 hereof. The Limited Partner shall have no rights as a Preferred Limited Partner until it has acquired the Preferred Limited Partnership Interest on the Second Capital Contribution Date.
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Partners and Contributions. Subject to the terms and conditions of the Capital Contribution Agreement, the initial capital contribution of the GE Capital Limited Partner specified in Section 2(a)(i) thereof shall be made on the Initial Capital Contribution Date. Subject to the terms and conditions of the Capital Contribution Agreement, the GE Capital Limited Partner shall make the additional capital contributions specified in Section 2(a)(ii) thereof on or prior to the Second Capital Contribution Date. Pursuant to the Capital Contribution Agreement, TPC One and TPC Two shall make the capital contributions specified in Section 3(a) thereof on or prior to the Tomen Equity Contribution Date. Prior to the Second Capital Contribution Date, SECI shall have no Capital Account balance attributable to any contributions to the Partnership other than in respect of cash contributions, if any, to fund Cost Overruns pursuant to Section 3.3 of the Original Partnership Agreement and Section 8.4. On the Second Capital Contribution Date, the Capital Account balance of SECI General and SECI Limited will be increased by the amount required to result in SECI General and SECI Limited having an aggregate Capital Account balance equal to the sum of the Capital Account balances of SECI General, SECI Limited, TPC One and TPC Two multiplied by the sum of the Initial Allocation Percentages of SECI General and SECI Limited. Such increase in the aggregate Capital Account balances of SECI General and SECI Limited shall be attributable to the agreed fair market value as of the Second Capital Contribution Date of the Contributed Assets and the Gross Asset Value of such Contributed Assets shall be adjusted accordingly.
Sample 1
Partners and Contributions. Section 3.1 ---------------------------------------------------- of the Partnership Agreement is hereby amended by (i) adding after "Section 2(a)(ii)" appearing in the third sentence "or Section 2(f)" and (ii) inserting at the end thereof the following sentence: "If the Limited Partner shall, pursuant to Section 7.12, request the General Partner to prepay the Tranche A Term Loans, the Tranche B Term Loans or the Tranche C Term Loans in whole or in part, the Limited Partner shall make a capital contribution to the Partnership in an amount equal to the principal amount to be prepaid plus, unless an Event of Default shall have occurred and be continuing, any Yield Maintenance Premium or Settlement Amount (as defined in the Interest Rate Hedging Agreement) payable as a result of such prepayment."
Sample 1
Partners and Contributions. 25 3.2 Interest on Capital Contributions.................................. 25 3.3 Withdrawal of XxXxxx............................................... 25 ARTICLE IV
Sample 1
Partners and Contributions. The General Partner has agreed to make -------------------------- a contribution of $200 in cash to the capital of the Partnership. Subject to the terms and conditions of the Capital Contribution Agreement, the initial capital contribution of the Limited Partner specified in Section 2(a)(i) thereof shall be made on the Initial Capital Contribution Date. Subject to the terms and conditions of the Capital Contribution Agreement, the Limited Partner shall make the additional capital contributions specified in Section 2(a)(ii) thereof on or prior to the Second Capital Contribution Date.
Sample 1
Partners and Contributions 
Sample 1

Related to Partners and Contributions

  • 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.

  • 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.

  • 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.

  • Other Contributions If elected by the Plan Sponsor in Section 5.01(b) of the Adoption Agreement, the Employer will credit the Participant’s Account with a contribution determined in accordance with the formula or method specified in Section 5.01(b) of the Adoption Agreement. The contribution will be treated as allocated to the Participant’s Account at the time specified in Section 5.01(b)(iii) of the Adoption Agreement.

  • 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.

  • 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.

  • 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.

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Members Capital Contributions (a) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

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