Second Capital Contribution Sample Clauses

Second Capital Contribution. After satisfaction of all of the conditions set forth below, review and approval by AHF of the items described below, and delivery by Wichita GP to AHF of the Second Payment Certificate, but in no event earlier than October 1, 2023, AHF shall make the Second Capital Contribution in the amount of $1,463,319.00, subject to reduction and withholding as provided in Sections 5.1(c) and 5.4 of this Agreement.
AutoNDA by SimpleDocs
Second Capital Contribution. Concurrent with the Third Closing Date, E&W shall contribute to 155 on behalf of the Company all of the gaming assets used in the casino portion of San Remo Hotel & Casino, including all cash, cash equivalents and deposits, which is valued at $5,000,000.00.
Second Capital Contribution. (i) Upon the date that is five (5) Business Days following the achievement of the Second Capital Contribution Conditions (the "SECOND CAPITAL CONTRIBUTION DATE"), E and Q shall (subject to SECTION 2.5 (C)) contribute an amount equal to one-half (50%) of their respective Equity Commitments, less the Subscription Price, and, in the case of Q, less EUR 25,000, and less the Initial Capital Contributions made by them, respectively, prior to such date (the "SECOND CAPITAL CONTRIBUTION"), i.e., in the case of E, EUR 15,086,353.50, and, in the case of Q, EUR 5,002,000.00.
Second Capital Contribution 

Related to Second Capital Contribution

  • Additional Funds and Capital Contributions .. 22 Section 4.4 Stock Option Plan................................... 23 Section 4.5 No Interest; No Return.............................. 24 Section 4.6 Conversion or Redemption of Preferred Shares........ 24

  • Additional Funding and Capital Contributions If the Board of the Company or Haimeng at any time or from time to time determines that funding and/ or capital contributions to the Company or Haimeng are necessary to conduct the Company’s or Haimeng’s business activities, then:

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • 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.

  • 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.

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.