Common use of Contributions with Respect to the Preferred Securityholders Clause in Contracts

Contributions with Respect to the Preferred Securityholders. On each Closing Date, there shall be contributed to the capital of the Company, with respect to each Person who purchases a Company Preferred Security on such Closing Date, an amount in cash equal to the Purchase Price for such Company Preferred Security (such amount being such Person's capital contribution to the Company). Preferred Securityholders, in their capacity as Securityholders of the Company, shall not be required to make any additional contributions to the Company (except as may be required by law).

Appears in 8 contracts

Samples: Limited Liability Company Agreement (UBS Preferred Funding Trust VIII), Limited Liability Company Agreement (Ubs Preferred Funding Trust Iv), Limited Liability Company Agreement (UBS Preferred Funding Trust VIII)

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Contributions with Respect to the Preferred Securityholders. On each Closing Date, there shall be contributed to the capital of the Company, with respect to each Person who purchases a Company Preferred Security on such Closing Date, an amount in cash equal to the Purchase Price for such Company Preferred Security (such amount being such Person's capital contribution to the Company). Preferred Securityholders, in their capacity as Securityholders of the -15- 21 Company, shall not be required to make any additional contributions to the Company (except as may be required by law).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ubs Preferred Funding Trust Iii)

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Contributions with Respect to the Preferred Securityholders. On each Closing Date, Date there shall be contributed to the capital of the Company, with respect to each Person who purchases a Company Preferred Security on such Closing Date, an amount in cash equal to the Purchase Price for such Company Preferred Security (such amount being such Person's capital contribution to the Company). Preferred Securityholders, in their capacity as Securityholders of the Company, shall not be required to make any additional contributions to the Company (except as may be required by law).

Appears in 1 contract

Samples: Limited Liability Company Agreement (BNP Us Funding LLC)

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