Capital Contributions and Issuance of Units. Each Member and Series A Preferred Owner shall contribute, has contributed, or is committed to contribute the contribution amount, as set forth next to such Member’s or Series A Preferred Owner’s name on Exhibit “A” hereto as the Member’s or Series A Preferred Owner’s Capital Contribution. Each Member’s or Series A Preferred Owner’s Capital Contribution and the number and class of Units owned by each Member or Series A Preferred Owner shall be reflected on the books and records of the Company. All calls for payment of additional Capital Contributions, other than the initial Capital Contributions, will be made in accordance with Section 9.2. The issuance of Units is reflected and set forth in Exhibit “A”. The Company shall pay Alcentra a closing fee equal to one percent (1%) of all amounts funded as part of its initial Capital Contribution, which closing fee shall be paid in cash and fully earned at the time of such funding. Notwithstanding anything to the contrary in this Agreement, each of the Members and the Series A Preferred Owners hereby acknowledges and agrees that up to $3,981,543.39 of the proceeds of the Series A Preferred Units may be distributed or otherwise used to make payments to Holdings and its Subsidiaries in the Qualified Reorganization.
Capital Contributions and Issuance of Units. Upon the signing of this Agreement, each Member shall contribute the amount of money set forth on Exhibit A to the Company's capital. Each Unit shall represent a capital contribution of Six Dollars and Forty-
Capital Contributions and Issuance of Units. (a) Initial Issuances of Common Units. Prior to or contemporaneously --------------------------------- with the execution of this Agreement, each Member set forth on the attached Schedule of Units as holding Common Units has made Capital Contributions to the ----------------- Company in the aggregate amount set forth opposite such Member's name on the attached Schedule of Units in exchange for, and the Company has issued to such ----------------- Member, the number of Common Units set forth opposite such Member's name on the attached Schedule of Units. -----------------
Capital Contributions and Issuance of Units. Upon the signing of this Agreement, each Member shall contribute the amount of money or number of Warrants set forth on Exhibit A to the Company's capital. Each Unit shall represent a capital contribution of One Dollar ($1.00) and the Warrant contributions shall be valued at the amount of taxable income recognized by the contributing Members upon receipt of such Warrants. No further capital contributions shall be required of the Members, provided, however, that (i) in the event that the Manager determines that the Warrants should be exercised in a manner that requires the payment of a cash exercise price, each Member that contributed Warrants shall contribute, upon ten (10) days' advance written notice, cash to the Company in an amount necessary to fund the exercise price of the Warrants contributed by that Member and (ii) at the final liquidation and winding up of the Company, the Manager shall contribute to the Company's capital the amount, if any, of the Overdistribution.
Capital Contributions and Issuance of Units
