Common use of Contributions of Property Clause in Contracts

Contributions of Property. In the event that property (other than cash) is contributed by a Shareholder to the Trust, the computation of Capital Accounts, as set forth in this Section 9.4, shall be adjusted as follows:

Appears in 5 contracts

Samples: Trust Agreement (Centerline Holding Co), Trust Agreement (Charter Municipal Mortgage Acceptance Co), Trust Agreement (Chartermac)

AutoNDA by SimpleDocs

Contributions of Property. In the event that property (other than cash) is contributed by a Shareholder Holder to the Trust, the computation of Capital Accounts, as set forth in this Section 9.410.03, shall be adjusted as follows:

Appears in 1 contract

Samples: Trust Agreement (Municipal Mortgage & Equity LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.