Right to Make Further Capital Contributions Sample Clauses

Right to Make Further Capital Contributions. A Limited Partner shall not have any obligation to make and shall not have any right or otherwise be permitted to make any additional Capital Contributions on and after the day on which his or her employment with Lehman Brothers is terminated for any reason (other than terminaxxxx xf employment due to such Limited Partner's death, Disability, Retirement or Government Service) or following any determination that a Limited Partner has engaged in any Competitive Activity (other than following termination of employment without Cause or due to Government Service) or Detrimental Activity, whether or not such Limited Partner's interest has fully vested in accordance with the Vesting Schedule, unless, within 30 days following any such termination of employment or determination, the General Partner sends written notice by certified mail (or its equivalent) or via overnight courier to such Limited Partner offering the opportunity to continue to make such Capital Contributions. If the General Partner does not make such an offer, or if such offer is made but such Limited Partner declines or does not accept such offer within the time specified for acceptance in such notice (which date will not be less than 30 days from the date of such notice (or, if earlier, the date the next Capital Contribution is due)), such Limited Partner will not be permitted to make any further Capital Contributions, and the Partnership will return such Limited Partner's remaining interest in the Money Fund, if any.
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Related to Right to Make Further Capital Contributions

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

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

  • 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.

  • 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.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Initial Capital Contribution On March 7, 2007, the Member made a capital contribution of One Hundred Dollars ($100.00) to the Company, and, as consideration therefor, the Member received a percentage interest of One Hundred Percent (100%) in the Company.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

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