Common use of Mandatory Additional Capital Contributions Clause in Contracts

Mandatory Additional Capital Contributions. Upon the request of the General Partner in accordance with Section 2.2(c) below (a “Capital Call”), each Partner shall contribute to the capital of the Partnership an amount equal to the product of such Partner’s then Percentage Interest multiplied by the aggregate amount of the Capital Call (a “Mandatory Additional Capital Contribution”).

Appears in 1 contract

Sources: Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.)

Mandatory Additional Capital Contributions. Upon the request of the General Partner in accordance with Section 2.2(c2,2(c) below (a “Capital Call”), each Partner shall contribute to the capital of the Partnership an amount equal to the product of such Partner’s then Percentage Interest multiplied by the aggregate amount of the Capital Call (a “Mandatory Additional Capital Contribution”).

Appears in 1 contract

Sources: Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.)