Contributions to Capital. (a) The minimum initial contribution of each Partner to the capital of the Fund shall be $50,000 ($25,000 for employees or directors of the General Partner and its affiliates, and members of their immediate families, and, in the sole discretion of the General Partner, attorneys, accountants or other professional advisors engaged on behalf of the Fund, and members of their immediate families) or such other amount as the General Partner may determine from time to time. The amount of the initial Capital Contribution of each Partner shall be recorded by the General Partner upon acceptance as a contribution to the capital of the Fund.
Appears in 3 contracts
Samples: Agreement (Gam Avalon Multi-Europe Lp), Gam Avalon Multi-Global Lp, Gam Avalon Multi Technology Lp
Contributions to Capital. (a) The minimum initial contribution of each Partner Member to the capital of the Fund shall be $50,000 ($25,000 for employees or directors of the General Partner Advisor and its affiliates, and members of their immediate families, and, in the sole discretion of the General PartnerBoard, attorneys, accountants or other professional advisors engaged on behalf of the Fund, and members of their immediate families) or such other amount as the General Partner Board may determine from time to time. The amount of the initial Capital Contribution of each Partner Member shall be recorded by the General Partner Fund upon acceptance as a contribution to the capital of the Fund.
Appears in 3 contracts
Samples: Gam Avalon Multi-Global LLC, Gam Avalon Multi Us LLC, Gam Avalon Multi Market Neutral LLC
Contributions to Capital. (a) The minimum initial contribution Capital Contribution of each Partner to Member (other than the capital of Managing Member and the Fund shall Special Member) will be $50,000 ($25,000 for employees or directors of the General Partner and its affiliates, and members of their immediate families, and, in the sole discretion of the General Partner, attorneys, accountants or other professional advisors engaged on behalf of the Fund, and members of their immediate families) 1,000,000 or such other amount as the General Partner may determine Managing Member determines from time to time. The amount of the initial Capital Contribution of each Partner shall Member will be recorded by the General Partner Fund upon acceptance as a contribution to the capital of the Fund.the
Appears in 1 contract
Samples: Limited Liability Company Agreement (J P Morgan Atlas Global Long / Short Equity Fund LLC)
