Use of Capital Contributions. All Capital Contributions shall be expended only in furtherance of the business purpose of the Company as set forth in Section 2.3.
Use of Capital Contributions. The Capital Contributions made pursuant to this Article shall be used, together with other funds available to the Company, to engage in the business and for the payment of the liabilities and obligations of the Company.
Use of Capital Contributions. All contributions to capital of the Company shall be available to the Company to carry out the purposes of the Company.
Use of Capital Contributions. The aggregate of the Capital Contributions shall be used to carry out the purposes of the Partnership.
Use of Capital Contributions. Use any cash contributions to Borrower’s capital made by Holdings for any purpose other than general corporate purposes, including working capital and short term financing of Capital Expenditures.
Use of Capital Contributions. The Capital Contribution of each Venturer shall be utilized for the conduct of the Joint Venture business pursuant to the terms of this Agreement.
Use of Capital Contributions. Amounts contributed to the Partnership shall be used for the following purposes: (i) upgrading and rehabilitating the Project, (ii) payment of legal and accounting expenses of the Partnership, and (iii) payment of operating expense deficits, including without limitation, such extraordinary cash requirements as shall be required to pay in full any indebtedness of the Partnership which mature in due course or whose maturity is accelerated.
Use of Capital Contributions. All Capital Contributions must be spent in furtherance of the business of the Company. Pending the use of Capital Contributions in Company operations, Capital Contributions may not be commingled with the funds of any other Person or entity, except that the funds may be deposited in an account in the name of the Company in such bank or other financial institution as a Majority of the Managers may deem appropriate.
Use of Capital Contributions. 11 Section 4.04
Use of Capital Contributions. The Capital Contributions of the Partners shall be utilized to pay for the development of Operations and the payment of all expenses in connection therewith.
