Examples of Additional Contribution in a sentence
An example of the operation of this Section 7.3 with respect to a re-allocation of Interests upon the first failure of a Noncontributing Member to make an Additional Contribution, is set forth in Schedule B attached hereto.
In the event that more than one Contributing Member desires to make an Additional Contribution, or is permitted to make a Default Loan, on account of the Noncontributing Member, each such Contributing Member shall be permitted to participate in proportion to their respective Interests.
If the Managing Member, with the concurrence of Members holding a majority in interest of the Company, shall determine there shall be a Required Amount for any Company purpose, including, without limitation, those purposes set forth in Article 5, then within fifteen (15) days of notice of such requirement, each Member may, but shall not be obligated to, contribute to the Company his Additional Contribution.
If you are still unable to resolve the error, contact CalSTRS Employer Help at (877) 277-5778 or EmployerHelp@CalSTRS.com.NOTE: Additional Contribution Lines may exist in CalSTRS system that have this business rule error for this employee.
The annual Maintenance Payments element of your Agreement and the Obligation Period will begin once your final capital and Additional Contribution claim has been paid.