Deemed Value of Initial Contributions Sample Clauses

Deemed Value of Initial Contributions. Upon the payment by NV 2 of the Initial NV 2 Contribution, the value of the Initial NV 2 Contribution shall be the amount of the Initial NV 2 Contribution, and the value of Surgold’s initial contribution shall be an amount equal to the product of (i) the Total Value multiplied by (ii) the Participating Interest of Surgold.
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Deemed Value of Initial Contributions. Subject to Subsection 5.2.3.2, at such time as NEWMONT has completed Phase-I Earn-In, the value of NEWMONT’s Initial Contribution shall be deemed to be Two Million Five Hundred and Thirty Thousand Dollars (US$2,530,000) and the value of COMPANY’s Initial Contribution shall be deemed to be One Million Six Hundred Eighty-Six Thousand Six Hundred Sixty-Seven Dollars (US$1,686,667).
Sample 1

Related to Deemed Value of Initial Contributions

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • FINANCIAL CONTRIBUTIONS (§5.d): Owner shall use reasonable efforts to seek contributions and grants from Capital Metro Transit Authority (CMTA) and Xxxxxx County.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Interest on Capital Contributions No Member shall be entitled to any interest on its capital contribution.

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

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