Procedures for Additional Capital Contributions. Any existing Member wishing to make an additional Capital Contribution must notify the Manager of such Member’s proposed Capital Contribution at least ten business days (or such shorter period as may be acceptable to the Manager) before a Closing Date. The Manager may reasonably require additional representations and warranties, together with supporting reasonable documentation, as a condition to accepting any such proposed additional Capital Contribution and may refuse to accept all or any portion of any such proposed Capital Contribution. If the Manager accepts any proposed Capital Contribution, the contributing Member shall make available to the Company the cash to be contributed prior to the next Closing Date. Any such Capital Contribution will be deemed for all purposes of this Agreement to have been made on the applicable Closing Date. The amounts and effective dates of all additional Capital Contributions shall be recorded on supplements to this Agreement maintained by the Manager. The Manager may terminate the offering of Membership Interests at any time. The aggregate of all Capital Contributions shall be available to the Company to carry on its business, and no interest shall be paid by the Company to subscribers on any funds after their contribution to the Company. Unless otherwise determined by the Manager, all Membership Interests are subscribed for upon receipt of a wire of the subscriber and are issued subject to the collection of the funds represented by the wire. If the Manager determines to accept a check or draft, if a check or draft of a subscriber for Membership Interests representing payment for a Membership Interest is returned unpaid, the Company shall cancel that subscriber’s Membership Interest as represented by the returned check or draft, and the Manager shall file an amendment to the Certificate reflecting the cancellation in any jurisdiction where the filing may be necessary. Any liabilities incurred or profits earned by the Company in connection with the Company’s investing or trading allocable to any canceled Membership Interest shall be allocated among the remaining Members. Each subscriber agrees to reimburse the Company for any liabilities incurred in connection with any cancellation of Membership Interests issued to him, her or it.
Procedures for Additional Capital Contributions. (a) The Company shall promptly notify each of the Class A Members in writing of each Investment Opportunity hereunder (“Class A Contribution Notice”). Each notice shall be irrevocable and shall in each case refer to this Agreement and specify all of the following: (i) the number and Agreed Values of the proposed Purchase Opportunity Containers; (ii) the Total Contribution Amount for such Investment Opportunity, (iii) the amount and details concerning the computation of the Additional Contribution Amount for each Class A Member in accordance with the provisions of Section 2.2(b)(ii)(y) hereof, and (iv) the Contribution Date for such Investment Opportunity. The payment of the required Additional Contribution Amount for the Investment Opportunity shall be made to the Company by each Class A Member no later than three (3) Business Days prior to the date that the Manager shall have specified that funds shall be required to fund the Investment Opportunity by wire transfer in Dollars of immediately available funds by not later than 12:00 noon New York City time of such last Business Day (the “Contribution Date”).
Procedures for Additional Capital Contributions. Whenever the Company requests the Members to make additional Capital Contributions pursuant to Section 2.2 hereof, the Company shall notify the Members in writing, not later than 1:00 p.m. (Amsterdam time) on the third (3rd) Business Day prior to the date of the proposed additional Capital Contribution. Each notice shall be irrevocable and shall in each case refer to this Agreement and specify all of the following: (i) the amount of the requested additional Capital Contribution (which shall be in a minimum amount equal to the lesser of (x) $50,000 and (y) the unutilized amount of the various Commitments)), (ii) the dollar amount of such Capital Contribution allocated to each Member, and (iii) the related Acquisition Date. Each Additional Contribution Amount to be made under this Section 2.4 shall be made on or before the related Acquisition Date by wire transfer in Dollars of immediately available funds to the Borrower by not later than 1:00 p.m. (Amsterdam time).
