Special Additional Capital Contributions Sample Clauses

Special Additional Capital Contributions. If, in any Fiscal Year, AHF's Capital Account balance may be reduced to or below zero, AHF may, in its sole and absolute discretion, make a special additional Capital Contribution to the Partnership in an amount reasonably required to avoid the reduction of AHF's Capital Account balance to or below zero (a "Special Additional Capital Contribution"). If AHF makes a Special Additional Capital Contribution to the Partnership pursuant to this Section 5.1(b)(vi), AHF shall receive a guaranteed payment pursuant to Section 5.7 of this Agreement for the use of its Special Additional Capital Contribution.
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Special Additional Capital Contributions. If, in any Taxable Year of the Partnership, the Investor Limited Partner’s Capital Account balance may be reduced to or below zero, such Investor Limited Partner may, in its sole and absolute discretion, make a special additional Capital Contribution to the Partnership, in an amount reasonably required to avoid the reduction of such Investor Limited Partner’s Capital Account balance to or below zero (“Special Additional Capital Contribution”). If such Investor Limited Partner makes a Special Additional Capital Contribution to the Partnership pursuant to this paragraph, such funds shall be deposited in a separate Partnership reserve account, withdrawals from which shall require the Consent of the Investor Limited Partner. All interest earned on such account shall be payable to such Investor Limited Partner, and an amount of income equal to the amount of such interest shall be specifically allocated to such Investor Limited Partner. Such Investor Limited Partner shall receive a guaranteed payment pursuant to Section 5.7 for the use of its Special Additional Capital Contribution. Whenever the Investor Limited Partner makes a Special Additional Capital Contribution to the Partnership pursuant to this paragraph, the General Partners have the option, in their sole and absolute discretion, to make Special Additional Capital Contributions to the Partnership, up to the same amount and on the same terms in the aggregate as the Special Additional Capital Contribution made by the Investor Limited Partner at that time.

Related to Special Additional Capital Contributions

  • 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.

  • 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 The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Member Capital Contributions (Check One)

  • 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.

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

  • Additional Funds and Capital Contributions 30 SECTION 4.4 NO INTEREST; NO RETURN................................................................... 31 SECTION 4.5 NOTE DEFICIENCY CAPITAL CONTRIBUTION..................................................... 31

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

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