Louisiana Clauses Relating to Capital Calls

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Multi-State
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US-P0607-2BAM
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This sample form, containing Clauses Relating to Capital Calls document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

A capital call arises when management determines the need for additional funds and issues a notice to shareholders. The notice requests shareholders to contribute more money or assets. Typically, these contributions are made in proportion to the number of shares owned by each individual.

Capital Call Example Say you commit $100k to a $100M fund. The LPA states that the initial drawdown is 30%?that is, you must contribute $30k to the fund now and hold onto your remaining $70k until it's called.

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Louisiana Clauses Relating to Capital Calls