Common use of Capital Contributions of the Initial Members Clause in Contracts

Capital Contributions of the Initial Members. At the time of their respective execution of this Agreement, the Members (or, in the event an Initial Non-Managing Member shall be one of Contributor’s Partners, Contributor) shall make the initial Capital Contributions as set forth in Exhibit A to this Agreement and as further provided in the Contribution Agreement. The Members shall own the Managing Member Units and Non-Managing Member Units, as applicable, in the amounts set forth in the books and records of the Company. Except as required by law or as otherwise provided in Sections 4.1, 4.2, 4.3 and 4.4, no Member shall be required or permitted to make any Capital Contributions or loans to the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)

AutoNDA by SimpleDocs

Capital Contributions of the Initial Members. At the time of their respective execution of this Agreement, the Members (or, in the event an Initial Non-Managing a Member shall be one of a Contributor’s 's Partners, the Contributor) shall make the initial Capital Contributions as set forth in Exhibit A to this Agreement and as further provided in the Contribution Agreement. The Members (including each of Contributor's Partners) shall own the Managing Member Units and Non-Managing Member Units, as applicable, in the amounts set forth in the books and records of the Company. on Exhibit A. Except as required by law or as otherwise provided in Sections 4.1, 4.2, 4.3 4.2 and 4.4, no Member shall be required or permitted to make any additional Capital Contributions or loans to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)

AutoNDA by SimpleDocs

Capital Contributions of the Initial Members. At the time of their respective execution of this Agreement, the Members (or, in the event an Initial Non-Managing a Member shall be one of a Contributor’s Partners, the Contributor) shall make the initial Capital Contributions as set forth in Exhibit A to this Agreement and as further provided in pursuant to the Contribution Agreement. The Members (including, without limitation, each of Contributor’s Partners, if applicable) shall own the Managing Member Units and Non-Managing Member Units, as applicable, in the amounts set forth in the books and records of the Company. on Exhibit A. Except as required by law or as otherwise provided in Sections 4.1, 4.2, 4.3 4.3(B) and 4.4, no Member shall be required or permitted to make any additional Capital Contributions or loans to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hcp, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!