Contribution by Members Clause Samples
Contribution by Members. At the discretion of the Manager, the Manager shall require that such Members promptly pay to the Company the imputed underpayment (pro rata in proportion to their respective shares of such imputed underpayment, as reasonably determined by the Manager) within fifteen days following the Partnership Representative’s request for payment.
Contribution by Members. (a) At the Closing, ▇▇▇▇▇▇ shall contribute to the Company the Contributed ▇▇▇▇▇▇ Assets pursuant to a contribution agreement executed by ▇▇▇▇▇▇ and Diblo on the date hereof in the form attached hereto as Exhibit C (the “▇▇▇▇▇▇ Contribution Agreement”). ▇▇▇▇▇▇ agrees to deliver to Diblo, no less than thirty (30) days prior to the date set forth in subsection (i) of Section 9.2, a pro-forma balance sheet of the ▇▇▇▇▇▇ Business as of the Closing Date (the “Estimated ▇▇▇▇▇▇ Balance Sheet”).
(b) At the Closing, and following the contribution by ▇▇▇▇▇▇ contemplated by Section 2.4(a), Diblo shall cause the Modelo Party to contribute to the Company the Contributed Modelo Party Cash.
Contribution by Members. Members in 1990, shall contribute 4% of their total compensation in a manner consistent with Board established policy. If a member terminates prior to becoming eligible for any benefit, he shall be entitled to his accumulated contributions, interest and any excess investment monies allocated to his member account. Members in 1991 shall contribute 4 ½% of their total compensation in a manner consistent with Board established policy. If a member terminates prior to becoming eligible for any benefit, he shall be entitled to his accumulated contributions, interest and any excess investment monies allocated his member accounts. Members in 1992 shall contribute 5% of their total compensation in a manner consistent with Board established policy. If a member terminates prior to becoming eligible for any benefit, he shall be entitled to his accumulated contributions, interest and any excess investment monies allocated to his member account.