Capital Contributions; Percentage Interests. 6.1. Simultaneously with the execution and delivery of this Agreement the Members are making the following contributions to the capital of the Company: (a) SSPC the Property 6.2. The Members' percentage interests in the Company ("Percentage Interests") shall be as follows: (a) SSPC 100% 6.3. If the Company shall require any additional funds after the date hereof, as determined by South Seas, the Members shall contribute such funds to the Company in proportion to their respective Percentage Interests. 6.4. Except as expressly provided in this Article 6, no Member shall be required to make any capital contributions or loans to the Company and no
Appears in 3 contracts
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)
Capital Contributions; Percentage Interests. 6.1. Simultaneously with the execution and delivery of this Agreement the Members are making the following contributions to the capital of the Company:
(a) SSPC SSLRP the Property
6.2. The Members' percentage interests in the Company ("Percentage Interests") shall be as follows:
(a) SSPC SSLRP 100%
6.3. If the Company shall require any additional funds after the date hereof, as determined by South Seas, the Members shall contribute such funds to the Company in proportion to their respective Percentage Interests.
6.4. Except as expressly provided in this Article 6, no Member shall be required to make any capital contributions or loans to the Company and no
Appears in 1 contract
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)
Capital Contributions; Percentage Interests. 6.1. Simultaneously with the execution and delivery of this Agreement the Members are making the following contributions to the capital of the Company:.
(a) SSPC the Property
6.2. The Members' percentage interests in the Company ("Percentage Interests") shall be as follows:
(a) SSPC 100%
6.3. If the Company shall require any additional funds after the date hereof, as determined by South Seas, the Members shall contribute such funds to the Company in proportion to their respective Percentage Interests.
6.4. Except as expressly provided in this Article 6, no Member shall be required to make any capital contributions or loans to the Company and nono 5 6 Member shall make any capital contributions or loans to the Company without the consent of the other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)
Capital Contributions; Percentage Interests. 6.1. Simultaneously with the execution and delivery of this Agreement the Members are making the following contributions to the capital of the Company:
(a) SSPC the Property
6.2. The Members' percentage interests in the Company ("Percentage Interests") shall be as follows:
(a) SSPC 100%
6.3. If the Company shall require any additional funds after the date hereof, as determined by South Seas, the Members shall contribute such funds to the Company in proportion to their respective Percentage Interests.
6.4. Except as expressly provided in this Article 6, no Member shall be required to make any capital contributions or loans to the Company and nono Member shall make any capital contributions or loans to the Company without the consent of the other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)
