Use of Capital Clause Samples

Use of Capital. Capital will be used for purposes as the Board of Directors shall determine in accordance with Section 3.2.

Use of Capital. ‌ The Manager, in its discretion, may return capital to facilitate distributions to the Unitholders.

Use of Capital. All capital contributions shall be available to the Partnership to carry out purposes and objectives of the Partnership.

Use of Capital. All capital contributed to the LLC shall only be employed in the business and for the benefit and advantage of the LLC.

Use of Capital. Capital will be used for purposes as the -------------- Board of Directors shall determine (consistent with any budget or business plan approved pursuant to Section 3.2(b)), including for the payment of Construction Costs.

Use of Capital. If you’re using the business plan to seek financing from lenders or investors, provide a breakdown of how you will the capital and what results you expect. For example, perhaps you will use the money to buy new equipment and expect that to double your production capacity. After reading the Financial Plan section, the reader should understand the assumptions behind your financial projections and be able to judge whether these projections are realistic.

Use of Capital. The source of funds for the Partnership shall be drawn upon in the following order of priority: first, from contributions to capital made by the Partners as provided in Section 6.1.; secondly, from the funds reserved pursuant to Section 11.1.; and thirdly, from the funds available pursuant to Section 7.1., but only for the purposes provided therein.

Use of Capital. All Capital Contributions shall be used solely for the purpose of the Company.

Use of Capital. The Trust Capital can be used to: a) pay initial expenses; b) pay the per capita distribution; c) purchase lands for the WRFN; d) purchase Authorized Investments; e) for community development purposes; f) help pay for Natural Disasters or Emergencies; g) provide Authorized Loans and Authorized Loan Payments; and h) pay the Authorized Expenses.