Additional Capital Needs. If at any time the Company determines that the Company, operating in accordance with the Company Strategic Plan, requires capital to pay operating or capital costs and expenses incurred by the Company with respect to the Properties or for the Company’s operating needs, the Company shall notify the Members and upon the Members’ mutual agreement to do so, the Members shall contribute such capital to the Company in cash in proportion to their respective Percentage Interests.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Plum Creek Timber Co Inc), Contribution Agreement (Plum Creek Timber Co Inc)