Failure to Contribute definition
Examples of Failure to Contribute in a sentence
In the event that Macklowe does not make the foregoing payment to the Partnership within such three (3) business days period, Icahn shall be entitled to collect from Macklowe, and Macklowe shall pay to Icahn or its designee, the Failure to Contribute Amount.
Notwithstanding anything in this Agreement to the contrary, the Failure to Contribute Amount shall be the sole and exclusive remedy against Macklowe with respect to any failure to pay to the Partnership its pro rata share of any Shared Expenses in accordance with this Section 3.8(b).
Notwithstanding anything in this Agreement to the contrary, the Failure to Contribute Amount shall be the sole and exclusive remedy against a Non-Contributing Partner with respect to any Failure to Contribute.
In addition, any Failure to Contribute for which an Advancing Party makes an advance hereunder shall be subject to the exercise by the Advancing Party of any and all available collection remedies.
In addition, any Failure to Contribute shall be subject to the exercise by the Company of any and all available collection remedies.
Failure to Contribute Remaining Entitlement Period Contributions and Pre-Development Period Contributions.
In Connection with a Failure to Contribute Capital Contributions.
Notwithstanding anything in this Agreement to the contrary, the Failure to Contribute Amount shall be the sole and exclusive remedy against Macklowe with respect to any failure to pay to the Partnership its pro rata share of any Shared Expenses in accordance with this Section 3.8(b) .
Any Failure to Contribute Obligations received by Lender shall be used to satisfy Obligations in accordance with the Credit Agreement.