Closing Date Capital Contributions Sample Clauses

Closing Date Capital Contributions. As provided in Section 6.4(b), on the Closing Date, X Member shall (subject to the provisions of Section 6.4(b)) cause the Land Contribution to be made to the Company, which shall be treated as a Capital Contribution to the Company by the X Member of the Agreed Land Value. Other Capital Contributions. Other Capital Contributions (including Capital Contributions required by the Company to fund the cost of maintaining the existence of the Company and approved change orders under the Design/Build Contract, to the extent notcovered by the Project Loan), shall be funded by the Members proportionately in accordance with their respective Percentage Interests.
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Closing Date Capital Contributions. After the Development Agreement has been executed and delivered by the Company and the Builder, Manager shall provide each Member with a notice setting forth such Member’s Commitment as recalculated pursuant to the definition of “Commitment” in Section 1. On the Closing Date each Member shall contribute its percentage share, in proportion to its Commitment of the total amount of capital specified by Manager.
Sample 1
Closing Date Capital Contributions. On the Store Distribution Closing Date, the Designs Partner shall make the Designs Partner Closing Contribution in accordance with Section 4.1 of this Distribution Agreement and the LOS Partner shall make the LOS Partner Closing Contribution in accordance with Section 4.2 of this Distribution Agreement.
Sample 1

Related to Closing Date Capital Contributions

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Member Capital Contributions (Check One)

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Contributions and Accounts 12 4.1 Capital Contributions..........................................................................12 4.2 Additional Capital Contributions and Issuances of Additional Partnership Interests.............12 4.3

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Additional Funds and Capital Contributions 30 SECTION 4.4 NO INTEREST; NO RETURN................................................................... 31 SECTION 4.5 NOTE DEFICIENCY CAPITAL CONTRIBUTION..................................................... 31

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