Common use of Working Capital Contribution Clause in Contracts

Working Capital Contribution. NBGV and APOTHIO agree to contribute those assets and funds for specified operations as set forth on Schedule A, as budgeted by the Managers, to be used as working capital for the first year of the Company’s existence, commencing on the date of the Company’s formation (the “Working Capital Contribution”). The Working Capital Contribution shall be made pursuant to an “Annual Budget” adopted by the Managers in accordance with Section 3.7. Any contribution made by NGBV for working capital in excess of those amounts specified on Schedule A shall be considered a loan by NBGV to the Company subject to the provisions of Section 4.3(g). In the event that the Company requests additional contributions, which would be treated as loans pursuant to this Section 4.3(g), the terms of such loans shall be approved by a Majority in Interests.

Working Capital Contribution. NBGV and APOTHIO KH agree to contribute those assets and funds for fund specified operations as set forth on Schedule A, as budgeted by the Managers, to be used as working capital for the first year of the Company’s existence, commencing on the date of the Company’s formation (the “Working Capital Contribution”). The Working Capital Contribution shall be made pursuant to an “Annual Budget” adopted by the Managers in accordance with Section 3.7. Any contribution made by NGBV for working capital in excess of those amounts specified on Schedule A shall be considered a loan by NBGV to the Company subject to the provisions of Section 4.3(g). In the event that the Company requests additional contributions, which would be treated as loans pursuant to this Section 4.3(g), the terms of such loans shall be approved by a Majority in Interests.