Examples of Optional Capital Contribution in a sentence
Immediately following any Optional Capital Contribution by a Member, the Percentage Interests shall be adjusted to reflect the new relative proportions of the Capital Accounts of the Members.
However, each Member shall have the opportunity, but not the obligation, to participate in a Capital Call on a pro rata basis in accordance with its Percentage Interest by making an Optional Capital Contribution.
If some, but not all, of the Members elect to increase their Capital Commitments, the participating Members shall have the option, but not the obligation, to likewise increase their Capital Commitments by an additional amount equal up to at least their pro rata share (in relation to the Optional Capital Contribution Percentages of all participating Members) of the remaining amount which the Company is seeking.
Takashi Imai, Ph. D.Director, RadGenomics Research GroupDr. Imai received a Ph.D. from the University of Tsukuba in 1986.
If additional funds are required by the Partnership after the Transaction Effective Date for any Partnership purpose, the General Partner may elect to call for optional Capital Contributions to be funded by Oly Hightop Holding, L.P., a Delaware limited partnership, or its designee (in each case, an "Optional Capital Contribution").
In addition, a Member may elect to make its Optional Capital Contribution conditional (a "Conditional Capital Contribution") upon the other Members making their respective Optional Capital Contributions, in which event such Conditional Capital Contribution shall be deemed made, if at all, only at such time as the other Members make their respective Optional Capital Contributions.
The Management Committee may reasonably determine in good faith from time to time, that additional Capital Contributions from the Members (each, an "Optional Capital Contribution") are necessary or appropriate for the conduct of the Company's business, including without limitation, expansion or diversification thereof.
In addition, a Member may elect to make its Optional Capital Contribution conditional (a “Conditional Capital Contribution”) upon the other Members making their respective Optional Capital Contributions, in which event such Conditional Capital Contribution shall be deemed made, if at all, only at such time as the other Members make their respective Optional Capital Contributions.
Notwithstanding anything to the contrary in this Agreement, the funding of any Optional Capital Contribution shall not cause an adjustment of the Gross Asset Values of the Partnership assets until after the first to occur of (i) the date that is three years after the Transaction Effective Time or (ii) the aggregate amount of Optional Capital Contributions made pursuant to this Section 3.6 exceeds $225,000,000 (the first to occur of the events in clauses (i) and (ii) referred to as an "Adjustment Event").
If the Minority Member decides not to contribute its pro rata share of an Optional Capital Contribution prior to the expiration of the period specified in the Capital Call Notice (such amounts are hereinafter referred to as the “Declined Contribution”), the Manager, in its sole discretion, may decide to allow Xxxxx or its Affiliate to make additional Capital Contributions to the Company to fund Xxxxx’x pro rata share of its Optional Capital Contribution and all or any portion of such Declined Contribution.