Common use of Terms and Conditions; Capital Contributions Clause in Contracts

Terms and Conditions; Capital Contributions. Except as otherwise provided in this Agreement, the Capital Contributions of the Limited Partners shall be paid in separate Drawdowns in amounts determined pursuant to the terms of this Section 6.2 (Terms and Conditions; Capital Contributions), subject to the following terms and conditions: the General Partner shall provide each Limited Partner with a notice of any Drawdown (a “Drawdown Notice”), describing in reasonable detail the purposes of such Drawdown consistent with the requirements of the ILPA Capital Call and Distribution Notice Template (and including at least a description of any relevant Portfolio Investment and Portfolio Company and a breakdown of the amounts of such Drawdown to be used to pay the Acquisition Cost of any Portfolio Investment, Fund Expenses or Management Fees), to be delivered at least ten (10) Business Days prior to the date on which such Drawdown is due and payable (the “Due Date”);

Appears in 4 contracts

Samples: Ilpa Model, Ilpa Model, Ilpa Model

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Terms and Conditions; Capital Contributions. Except as otherwise provided in this Agreement, the Capital Contributions of the Limited Partners shall be paid in separate Drawdowns in amounts determined pursuant to the terms of this Section 6.2 (Terms and Conditions; Capital Contributions.), subject to the following terms and conditions: the General Partner shall shall, subject to any applicable confidentiality obligations of the Fund, provide each Limited Partner with a notice of any Drawdown (a "Drawdown Notice"), describing in reasonable detail the purposes of such the Drawdown consistent with the requirements of the ILPA Capital Call and Distribution Notice Template (and including at least a description of any relevant Portfolio Investment and Portfolio Company and a breakdown of the amounts of such the Drawdown to be used to pay the Acquisition Cost of any Portfolio Investment, Fund Expenses or Management Fees), to be delivered at least ten (10) [10 Business Days Days] prior to the date on which such the Drawdown is due and payable (the "Due Date");

Appears in 1 contract

Samples: Limited Partnership Agreement

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Terms and Conditions; Capital Contributions. Except as otherwise provided in this Agreement, the Capital Contributions of the Limited Partners shall be paid in separate Drawdowns in amounts determined pursuant to the terms of this Section 6.2 (Terms and Conditions; Capital Contributions), subject to the following terms and conditions: the General Partner shall provide each Limited Partner with a notice of any Drawdown (a “Drawdown Notice”), describing in reasonable detail the purposes of such Drawdown consistent with the requirements of the ILPA Capital Call and Distribution Notice Template (and including at least a description of any relevant Portfolio Investment and Portfolio Company and a breakdown of the amounts of such Drawdown to be used to pay the Acquisition Cost of any Portfolio Investment, Fund Expenses or Management Fees), to be delivered at least ten (10) Business Days prior to the date on which such Drawdown is due and payable (the “Due Date”);

Appears in 1 contract

Samples: ilpa.org

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