Subsequent Capital Contribution definition
Examples of Subsequent Capital Contribution in a sentence
Except as may be required under applicable law, no Member shall be required to make any Subsequent Capital Contribution to the Company.
The Company shall have delivered to Frontenac an Officer's Certificate setting for the use of proceeds for such Subsequent Capital Contribution and Frontenac shall be satisfied in its sole discretion with such use of proceeds.
Except as provided herein with respect to MarkWest, no Member shall be required to make any Subsequent Capital Contribution to the Company, except as may be required under applicable law.
Any loan or capital advanced to the partnership, as a "Subsequent Capital Contribution", by either Partner shall accrue interest at the rate of 10% per annum.
The Contributed Capital account of any Additional Member that is not a Permitted Transferee of a Member shall be equal to (x) its initial Capital Contribution (including the amount attributed to any non-cash assets provided as Capital Contributions) or (y) such other amount, if any, as may be determined by the Members at the time such Additional Member is admitted as a Member, to which shall be added any Subsequent Capital Contribution.