Contributions of Members. The Members shall contribute to the Company the cash or other assets set forth in Exhibit A to this Agreement. In conjunction with such contributions, each Member shall receive a credit to its Capital Account equal to its Capital Contribution and a Percentage Interest in the Company as set forth on Exhibit A.
Contributions of Members. Members shall acquire units in accordance with the terms of the Subscription Agreement or any future subscription materials approved by the Manager. The names, addresses, date of admissions and Capital Contributions of the Members shall be set forth in a schedule maintained by the Manager. The Manager shall update the schedule to reflect the then-current ownership of units without any further need to obtain the consent of any Member, and the schedule, as revised from time to time by the Manager, shall be presumed correct absent manifest error. Any Member shall have a right to inspect such schedule upon written request to the Manager.
Contributions of Members. The Members shall contribute capital as follows:
(a) HHBF shall own at least a fifty-one percent (51%) Membership Interest in the Company and shall contribute to the Company for its Membership Interest One Million Five Hundred Thirty Thousand Dollars ($1,530,000).
(b) The Investor Members shall own in the aggregate up to a forty-nine percent (49%) Membership Interest and shall contribute to the Company for their Membership Interests an amount, in the aggregate, of up to One Million Four Hundred Seventy Thousand Dollars ($1,470,000). The Membership Interests of the Investor Members shall be owned as shown on the Information Exhibit attached hereto. The Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5.
Contributions of Members. The Members shall contribute capital as follows:
(a) AHH Management shall own a fifty-one percent (51%) Membership Interest in the Company and shall contribute to the Company for its Membership Interest One Million Five Hundred Thirty Thousand Dollars ($1,530,000.00).
(b) The Investor Members shall own in the aggregate a forty-nine percent (49%) Membership Interest and shall contribute to the Company for their Membership Interests an amount, in the aggregate, One Million Four Hundred Seventy Thousand Dollars ($1,470,000.00). The Membership Interests of the Investor Members shall be owned as shown on Schedule A attached hereto. The Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5. The final percentage Membership Interest of each Member shall be based on his/its pro rata Capital Contribution to the Company.
Contributions of Members. (a) The Members shall have made Capital Contributions as of the Effective Date as follows:
(i) SAHI shall have contributed Nine Hundred Sixty-Six Thousand Three Hundred Sixty-Four and No/100 Dollars ($966,364.00) to the Company (an additional $53,636 of Capital Contributions made by SAHI prior to the date hereof is being returned to SAHI in order to provide for equal Capital Contributions under (i), (ii) and (iii)) and accordingly shall own at least a thirty-three and one-third percent (33 1/3%) Membership Interest in the Company;
(ii) CHN shall have contributed the Program Property, which has a fair market value of Nine Hundred Sixty-Six Thousand Three Hundred Sixty-Four and No/100 Dollars ($966,364.00), to the Company and accordingly shall own at least a thirty-three and one-third percent (33 1/3%) Membership Interest in the Company;
(iii) Investor Members shall have contributed Nine Hundred Sixty-Six Thousand Three Hundred Sixty-Four and No/100 Dollars ($966,364.00) to the Company and accordingly shall own at least thirty-three and one-third percent (33 1/3%) Membership Interest in the Company.
(b) New Investor Members may make additional Capital Contributions of up to an additional Three Hundred Thousand Dollars ($300,000.00) to the Company, in which event CHN and SAHI shall, within thirty (30) days thereafter also make additional Capital Contributions of up to Three Hundred Thousand Dollars ($300,000) each in order to maintain their respective thirty-three and one-third percent (33%)
Contributions of Members. The Members shall contribute capital as follows:
(a) MedCath shall own at least a fifty-one percent (51%) Membership Interest in the Company and shall contribute to the Company for its Membership Interest One Million Five Hundred Thirty Thousand Dollars ($1,530,000.00) (which amount has heretofore been contributed as capital to MedCath by MedCath Incorporated).
(b) The Investor Members shall own in the aggregate up to a forty-nine percent (49%) Membership Interest and shall contribute to the Company for their Membership Interests an amount, in the aggregate, of up to One Million Four Hundred Seventy Thousand Dollars ($1,470,000.00). The Membership Interests of the Investor Members shall be owned and determined based upon the Capital Contributions as shown on Schedule A attached hereto. The Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the North Carolina Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5.
Contributions of Members. Only Class A Members shall be required to contribute capital to the Company. MGM shall not be required to contribute to the Company unless, and to the extent that, it chooses to become a Class A Member and make contributions as such. The capital contributions of Members are referred to in this Agreement as “Capital Contributions.”
Contributions of Members. (a) The Members shall contribute capital as follows:
(i) SAHI shall own at least a fifty-one percent (51%) Membership Interest in the Company and shall contribute to the Company for its Membership Interest the amount shown on Schedule A.
(ii) The Investor Members shall own in the aggregate up to a forty-nine percent (49%) Membership Interest and shall contribute to the Company for their Membership Interests amounts as shown on Schedule A attached hereto. The Members may be liable to the Company for amounts distributed to them as a return of capital as provided by the North Carolina Act. The Members shall not be required to contribute any additional capital to the Company except as provided in Section 3.5.
Contributions of Members. 3.1 [Reserved].
Contributions of Members. 4 SECTION 3.2. LIABILITY OF MEMBERS - FOR CAPITAL............................................4 SECTION 3.3. MEMBERS' ACCOUNTS AND WITHDRAWALS.............................................4 SECTION 3.4. INTEREST ON CAPITAL CONTRIBUTIONS OR CAPITAL ACCOUNTS.........................4 SECTION 3.5.
