Contributions Generally. The capital of the Company shall initially consist of the initial contribution of the Organizational Member. After the date hereof, the Company may offer and sell unlimited additional Units (the "Additional Units") to its existing Members who desire to increase their capital contribution to the Company (the "Increasing Members") and to additional persons and entities who desire to become Members of the Company and who agree to be bound by the terms of this Agreement by signing a subscription agreement or executing a counterpart of this Agreement, as amended from time to time (the "Additional Members"). The Directors may establish, from time to time, one or more minimum investment amounts. Such offer and sale of Additional Units shall be subject to the provisions of this Agreement.
Contributions Generally. (a) We will only accept cash contributions to your HSA. No property or in-kind transfers will be accepted. There is currently no minimum periodic contribution amount, but we reserve the right to require a minimum periodic contribution in the future, upon prior notice to you.
Contributions Generally. As of the effective date hereof, each Member shall have contributed or be deemed to have contributed to the Company the property or amount set forth opposite such Member’s name on the attached Schedule A. Each Member’s number of Class A Membership Units or Class B Membership Units is set forth opposite such Member’s name on Schedule A, which shall be amended from time to time upon admission of new Members or the acceptance of additional Capital Contributions as set forth herein.
Contributions Generally. All contributions to the capital of the LLC (each a “Contribution”) shall be set forth on Schedule A, as amended from time to time in accordance with the terms hereof. Except as set forth on Schedule A, no Member or Director shall be entitled or required to make any contribution to the capital of the LLC; however, the LLC may borrow from its Members as well as from banks or other lending institutions to finance its working capital or the acquisition of assets upon such terms and conditions as shall be approved by the Directors, and any borrowing from Members shall not be considered Contributions or reflected in their Capital Accounts. The value of all non-cash Contributions made by Members shall be set forth on Schedule A. No Member shall be entitled to any interest or compensation with respect to its Contribution or any services rendered on behalf of the LLC except as specifically provided in this Agreement or approved by the Board. Except as specifically provided in this Agreement, no Member shall have any liability for the repayment of the Contribution of any other Member, and each Member shall look only to the assets to the LLC for return of its Contribution.
Contributions Generally. Only cash and the Company’s com- mon stock are allowed to be rolled over, or transferred in a trustee-to-trustee transfer, to this Xxxx XXX. Any property (other than cash) you contribute to the Xxxx XXX must be the same property you received in the distribution. [Please note that separate Trust Account balances, e.g., the funds in a Xxxx Conversion IRA and a regular Xxxx XXX, cannot be commin- gled for investment purposes.]
Contributions Generally. The limited liability company interest of each Member in the Company shall be represented by units issued to such Member (“Membership Units”). The Membership Units shall not be issued in certificated form, unless otherwise determined by the Board. As of the effective date hereof, each Member shall have contributed to the Company the amount of Capital Contribution set forth opposite such Member’s name on Schedule A and the number of Membership Units set forth opposite each Member’s name on Schedule A shall have been issued to such Member. The Company shall update Schedule A from time to time as necessary to reflect accurately all material information regarding the Membership Units. Any amendment or revisions to Schedule A will not be deemed to be an amendment to this Agreement. Any reference in this Agreement to Schedule A shall be deemed to be a reference to Schedule A as amended and in effect from time to time.
Contributions Generally. From and after the Effective Date, no Member shall be required, or have the right, to make capital contributions to the Company except as set forth in this Section 4.01(b).
Contributions Generally. All contributions, whether in form of cash or assets, to the capital of the Company (each a “Contribution”) shall be recorded by the Company, and reflected in the Member’s Capital Account as set forth in Section 9.01. No Member shall be required to make any Contribution to the capital of the Company, and no Member shall be entitled to make any Contribution to the capital of the Company without the permission of the Board. The Company may borrow from its Members as well as from banks or other lending institutions to finance its working capital or the acquisition of assets upon such terms and conditions as shall be approved by the Board, and any borrowings from Members shall not be considered Contributions or reflected in their Capital Accounts. To the extent made, no existing Member shall be entitled to any additional interest in the Company with respect to any additional Contribution to the capital of the Company or for any services rendered on behalf of the Company except as specifically provided in this Agreement. No Member shall be entitled to any compensation with respect to any services rendered on behalf of the Company by a Member except as specifically provided in this Agreement or as approved by the Board. No Member shall have any liability for the repayment of the Contribution of any other Member, and each Member shall look only to the assets of the Company for return of such Member’s Contribution.
Contributions Generally. As of the date hereof, each Member shall have contributed or be deemed to have contributed to capital of the Company the property or amount set forth opposite such Member's name on the attached Schedule A or Schedule B, as applicable. Each Member's number of Preferred Membership Units or Common Membership Units, or any combination of the foregoing, is set forth opposite such Member's name on Schedule A or Schedule B, as applicable, which shall be amended from time to time upon admission of new Members or the acceptance of additional Capital Contributions as set forth herein or the issuance of new Membership Units by the Company. Each Member acknowledges that, for purposes of establishing the initial Capital Account balances of the Members, the total amount of cash and agreed Fair Market Value of any property contributed by each Member (net of any liabilities assumed by the Company and any liabilities to which such property is subject) is as set forth on Schedule A or Schedule B, as applicable, to such Member, under the heading "Capital Contribution."
Contributions Generally. The Employer shall contribute the following amounts, at the following times and conditioned on Executive’s continued employment through such date, to the Contribution Account described in Article 3. Date Contribution April 1, 2022 $25,000.00 December 31, 2022 $25,000.00 December 31, 2023 $25,000.00 December 31, 2024 $25,000.00 December 31, 2025 $25,000.00
