Common use of Voluntary Additional Capital Contributions Clause in Contracts

Voluntary Additional Capital Contributions. (a) No Member may be required at any time to contribute any additional amounts or assets to the Company. (b) If the Corporate Manager determines that additional equity capital is required for Company operations and activities, and shall determine not to effect a Listing at that time or otherwise obtain funding in accordance with the provisions of Section 3.7, the Corporate Manager shall issue a call notice to the Members advising them of the total funding that the Company seeks, each Member’s pro rata share thereof (based upon its Percentage Interest), the price per Member Unit and the date upon which such voluntary contributions are to be payable, which shall be a date not less than 45 days subsequent to the date of such notice. (c) Each Member shall have the right, but not the obligation, to contribute its pro rata share for additional Member Units thereof by giving notice to the Company within 30 days following receipt of such call notice from the Corporate Manager. If fewer than all the Members agree to contribute their pro rata amounts, then the other Members that do contribute their pro rata amounts shall have the right to contribute such additional amounts for additional Member Units in accordance with their Percentage Interests (excluding the Percentage Interests of the non-participating Members). Notwithstanding the foregoing, Holdco shall have the right to contribute additional amounts on account of itself and any Members who also are members of Holdco, and such Members shall not be eligible to make direct additional contributions hereunder. (d) Each Member shall make payment of its portion of the capital call on or before 11:00 a.m., central time, on the due date. Payment shall be made by wire transfer of clearing house funds, if so designated in the call notice, and otherwise by check payable to the order of the Company. (e) Except as provided in Sections 3.4, 3.6(c) or 3.7, no Member shall have the right to make additional cash contributions to the Company after the Operations Date.

Voluntary Additional Capital Contributions. (a) No Member may be required at any time to contribute any additional amounts or assets to the CompanyCompany in excess of that set forth in Section 3.2, 3.5(b) or 3.8. (b) If the Corporate Manager determines that additional equity capital is required for Company operations and activities, and shall determine not to effect a Listing an IPO at that time or otherwise obtain funding in accordance with the provisions of Section 3.7, the Corporate Manager shall issue a call notice to the Members advising them of the total funding that the Company seeks, each Member’s 's pro rata share thereof (based upon its Percentage Interest), the price per Member Unit and the date upon which such voluntary contributions are to be payable, which shall be a date not less than 45 days subsequent to the date of such notice. (c) Each Member shall have the right, but not the obligation, to contribute its pro rata share for additional Member Units thereof by giving notice to the Company within 30 days following receipt of such call notice from the Corporate Manager. If fewer than all the Members agree to contribute their pro rata amounts, then the other Members that do contribute their pro rata amounts shall have the right to contribute such additional amounts for additional Member Units in accordance with their Percentage Interests (excluding the Percentage Interests of the non-participating Members). Notwithstanding the foregoing, Holdco shall have the right to contribute additional amounts on account of itself and any Members who also are members of Holdco, and such Members shall not be eligible to make direct additional contributions hereunder. (d) Each Member shall make payment of its portion of the capital call on or before 11:00 a.m., central time, on the due date. Payment shall be made by wire transfer of clearing house funds, if so designated in the call notice, and otherwise by check payable to the order of the Company. (e) Except as provided in Sections Section 3.4, 3.6(c) or Section 3.7, no Member shall have the right to make additional cash contributions to the Company after the Operations Date.

Voluntary Additional Capital Contributions. (a) No Member may be required at any time to contribute any additional amounts or assets to the CompanyCompany in excess of that set forth in Section 3.2 or 3.5(a). (b) If the Corporate Manager determines that additional equity capital is required for Company operations and activities, and shall determine not to effect a Listing an IPO at that time or otherwise obtain funding in accordance with the provisions of Section 3.7, the Corporate Manager shall issue a call notice to the Members advising them of the total funding that the Company seeks, each Member’s 's pro rata share thereof (based upon its Percentage Interest), the price per Member Unit and the date upon which such voluntary contributions are to be payable, which shall be a date not less than 45 30 days subsequent to the date of such notice. (c) Each Member shall have the right, but not the obligation, to contribute its pro rata share for additional Member Units thereof by giving notice to the Company within 30 15 days following receipt of such call notice from the Corporate Manager. If fewer than all the Members agree to contribute their pro rata amounts, then the other Members that do contribute their pro rata amounts shall have the right to contribute such additional amounts for additional Member Units in accordance with their Percentage Interests (excluding the Percentage Interests of the non-participating Members). Notwithstanding the foregoing, Holdco shall have the right to contribute additional amounts on account of itself and any Members who also are members of Holdco, and such Members shall not be eligible to make direct additional contributions hereunder. (d) Each Member shall make payment of its portion of the capital call on or before 11:00 a.m., central time, on the due date. Payment shall be made by wire transfer of clearing house funds, if so designated in the call notice, and otherwise by check payable to the order of the Company. (e) Except as provided in Sections 3.4, 3.6(c) Section 3.4 or Section 3.7, no Member shall have the right to make additional cash contributions to the Company after the Operations Date.