Capital Contribution Amount Sample Clauses

The Capital Contribution Amount clause defines the specific sum of money or assets that each party is required to contribute to a business, partnership, or joint venture. This clause typically outlines the timing, form (such as cash, property, or services), and method of these contributions, and may specify consequences for failure to contribute as agreed. By clearly establishing each party's financial commitment, the clause ensures transparency, prevents disputes over funding obligations, and provides a foundation for determining ownership interests or profit-sharing ratios.
Capital Contribution Amount. Pursuant to the Partnership Agreement, on the Closing Date Contributor will be credited with having made a “Capital Contribution” (as defined in the Partnership Agreement) in an amount (the “Capital Contribution Amount”) equal to (i) the “Gross Asset Value” (as defined in the Partnership Agreement) of the Property, less (ii) the amount of all of the liabilities of the Company and any other liabilities encumbering the Property as of the Closing Date, and (iii) as further adjusted as provided in Section 5.1 with respect to prorations and closing expenses. The Capital Contribution Amount will be set forth on the settlement statement executed by the Partnership and Contributor on the Closing Date (subject to post-closing adjustment as provided herein).
View SourceView Similar (4)
Capital Contribution Amount. AUC covenants in favour of the Borrower and the Agent (on behalf of the Banks) that it will pay to the Borrower (in accordance with this clause 5) the following amounts ("Capital Contribution Amounts") on or before the following dates: Date Amount 31 March 2000 $1,000,000 31 December 2000 $5,000,000
View Source

Related to Capital Contribution Amount

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Member Capital Contributions (Check One)

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions: