Working Capital Contribution. The Shareholders are desirous of as quickly as possible entering into a contract or contracts for the start-up of Agreed Construction at the Channahon Facility. UGE has pre-existing relationships with AMS and Block Electric, and other reputable contractors with familiarity and working knowledge of the Channahon facility. As UGE’s working capital contribution and prior to obtaining Project Financing, UGE at its own cost and expense shall perform the following:
Working Capital Contribution. NBGV and APOTHIO agree to contribute those assets and funds for specified operations as set forth on Schedule A, as budgeted by the Managers, to be used as working capital for the first year of the Company’s existence, commencing on the date of the Company’s formation (the “Working Capital Contribution”). The Working Capital Contribution shall be made pursuant to an “Annual Budget” adopted by the Managers in accordance with Section 3.7. Any contribution made by NGBV for working capital in excess of those amounts specified on Schedule A shall be considered a loan by NBGV to the Company subject to the provisions of Section 4.3(g). In the event that the Company requests additional contributions, which would be treated as loans pursuant to this Section 4.3(g), the terms of such loans shall be approved by a Majority in Interests.
Working Capital Contribution. Parent shall contribute at least $2,000,000 cash to the working capital of the Company within 180 days of the Closing. Parent, at its sole discretion, may decide the form of this cash contribution.
Working Capital Contribution. Simultaneously with the Closing (or at such other time as the parties hereto may reasonably agree), in order to satisfy net capital requirements applicable to Xxxxxx, Eastbrokers will provide Xxxxxx with $1.5 million in working capital in the form of a single lump-sum payment and the Xxxxxx Members and Special Members may withdraw capital from Xxxxxx up to an aggregate amount equal to $1.5 million.
Working Capital Contribution. Member and Company agree to contribute those assets and funds for specified operations as set forth on Schedule A, as budgeted by the Managers, to be used as working capital for the first year of the Company’s existence, commencing on the date of the Company’s formation (the “Working Capital Contribution”). The Working Capital Contribution shall be made pursuant to an “Annual Budget” adopted by the Managers in accordance with Section 3.7. Any contribution made by Member for working capital in excess of those amounts specified on Schedule A shall be considered a loan by Member to the Company subject to the provisions of Section 4.3(g). In the event that the Company requests additional contributions, which would be treated as loans pursuant to this Section 4.3(g), the terms of such loans shall be approved by a Majority in Interests.
Working Capital Contribution. The Residential Declaration is hereby amended to add the following language as Section 10.3(c) thereof:, “Notwithstanding the foregoing, the provisions set forth in Sections 10.3(a) and (b) above shall not apply to any conveyance of Residences to a Successor Residential Declarant or with respect to any transaction in which a Residence Owner purchases or acquires more than twenty five (25) Residences, and no Residential Working Capital Contribution shall be due in connection therewith.”
Working Capital Contribution. At or prior to the Closing, NM shall have delivered $1.1 million to Logicorp for working capital purposes.
Working Capital Contribution. NBGV agrees to contribute $2,000,000, over a two-year period as budgeted by the Managers, to be used as working capital for the first two (2) years of the Company’s existence, commencing on the date of the Company’s formation (the “Working Capital Contribution”). The first $150,000 of Working Capital Contribution made by NBGV shall be paid to Hydro Dynamics, Inc. (“HD”) as payment owed by EcoX to HD pursuant to a certain license agreement between EcoX and HD. The Working Capital Contribution shall be made pursuant to an “Annual Budget” adopted by the Managers in accordance with Section 3.7. Any contribution made by NGBV for working capital in excess of $2,000,000 shall be considered a loan by NBGV to the Company subject to the provisions of Section 4.3(g) and the consent of a Majority in Interests. Notwithstanding the above, NBGV shall have no obligation to fund any amount in excess of the $2,000,000 Working Capital Contribution. In the event that the Company requests additional contributions, which would be treated as loans pursuant to this Section 4.3(g), the terms of such loans shall be approved by a Majority in Interests.
Working Capital Contribution. Cadiz shall have deposited into the Cash Account, as a Capital Contribution to Borrower, the Cadiz Working Capital Contribution Amount.
Working Capital Contribution. 12 3.4 FURTHER ASSURANCES; POST-CLOSING COOPERATION.......................................................12
