Common use of CAPITAL CONTRIBUTIONS BY THE MEMBERS Clause in Contracts

CAPITAL CONTRIBUTIONS BY THE MEMBERS. 6.1 (a) Upon execution hereof, or at such other times as determined by the Managing Member, each Member shall contribute in cash to the capital of the Company an amount in the aggregate equal to that set forth opposite his/her/its name on Schedule A attached hereto.

Appears in 15 contracts

Samples: Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B)

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CAPITAL CONTRIBUTIONS BY THE MEMBERS. 6.1 (a) Upon execution hereof, or at such other times as determined by the Managing MemberManager, each Member shall contribute in cash to the capital of the Company an amount in the aggregate equal to that set forth opposite his/her/its name on Schedule A attached hereto. (b) A Member's interest in the Company shall be represented by the percentage interest held by such Member. Each Member's respective initial interest in the Company is set forth opposite her/its name on Exhibit B attached hereto.

Appears in 7 contracts

Samples: Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B)

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