Examples of Additional Capital Notice in a sentence
The time for the payment of any Additional Capital Contribution to the Partnership shall be determined by the General Partner, but shall in no event be less than ten (10) days after the delivery of the Additional Capital Notice.
The time for the payment of any Additional Capital Contribution to the Company shall be determined by the BH Investor, but shall in no event be less than ten (10) days after the delivery of the Additional Capital Notice.
The time for the payment of any Additional Capital Contribution to the Partnership shall be determined by the General Partner, but shall in no event be less than fifteen (15) days after the delivery of the Additional Capital Notice.
Assume that the BH Investor sends an Additional Capital Notice for $400,000 to the Members, and that in response thereto the CP Investor makes an Additional Capital Contribution of $60,000 and BH Investor fails to make its Additional Capital Contribution of $340,000.
Assume that the General Partner sends an Additional Capital Notice for $400,000 to the Partners, and that in response thereto the Class A Limited Partner makes an Additional Capital Contribution of $200,000, and the Class B Limited Partners fail to make their Additional Capital Contribution of $200,000.
If such Initial Shareholder elects not to make such a contribution, it shall give Corporation written notice to such effect and Corporation shall have the right to sell such Additional Capital, on the terms described in the Additional Capital Notice, to third parties (provided that such third parties agree in writing to assume performance of and to be bound by the terms and conditions of this Agreement as a Stockholder hereunder) or other Initial Stockholders.
The notice (the "Additional Capital Notice") shall specify the amount of funds to be provided by each Member (each, an "Additional Capital Contribution"), the date on which funds are to be provided (the "Contribution Date"), and the account of the Company to which such funds are to be transmitted.
Any additional equity contribution pursuant to this Section 3.5 shall not have any priority current return and shall be returned without interest under the terms of Section 4.10, unless otherwise proposed in the Additional Capital Notice.
The time for the payment of any Additional Capital Contribution to the Partnership shall be determined by the General Partner, but shall in no event be less than thirty (30) days after the delivery of the Additional Capital Notice.
Corporation shall give each Initial Stockholder written notice (the "Additional Capital Notice") to such effect which notice shall contain the terms and preferences of any shares of capital stock and the terms upon which such shares are being offered, and each Initial Stockholder shall have the right, exercisable by written notice to Corporation within ten business days from receipt of the Additional Capital Notice to purchase such shares.