Credit to Capital Account. Except as otherwise specified herein, each Capital Contribution by a Member to the LLC pursuant to this Agreement shall be credited to the Capital Account of that Member as of the date such Capital Contribution is received by the LLC from the Member in immediately available funds.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.)
