Common use of Documentation of Adjustments to Ownership Interests Clause in Contracts

Documentation of Adjustments to Ownership Interests. Each Member's Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments thereto, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- 4.4, 10.5, 10.6 and 11.5, shall be made monthly. The Schedule of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Members' Agreement (Battle Mountain Gold Exploration Corp.)

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Documentation of Adjustments to Ownership Interests. Each Member's ’s Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments theretoadjustments, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- 4.4Sections 4.2, 10.5, 10.6 and 11.5, shall be made monthly. The Schedule Company’s register of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Securities Purchase Agreement (American International Ventures Inc /De/)

Documentation of Adjustments to Ownership Interests. Each Member's ’s Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments thereto, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- 4.4, Sections 10.5, 10.6 and 11.5, shall be made monthly. The Schedule of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Operating Agreement (Golden Phoenix Minerals Inc)

Documentation of Adjustments to Ownership Interests. Each Member's ’s Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments theretoadjustments, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- Sections 4.4, 10.5, 10.6 and 11.5, shall be made monthly. The Schedule of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Operating Agreement (Western Goldfields Inc)

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Documentation of Adjustments to Ownership Interests. Each Member's ’s Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments theretoadjustments, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- 4.4Sections 3.7, 10.56.6, 10.6 6.7 and 11.57.5.2, shall be made monthly. The Schedule Company’s register of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Operating Agreement (Golden Phoenix Minerals Inc /Mn/)

Documentation of Adjustments to Ownership Interests. Each Member's Ownership Interest and related Equity Account balance shall be shown in the accounting records of the Company, and any adjustments theretoadjustments, including any reduction, readjustment, and restoration of Ownership Interests under SECTIONS -------- 4.4Sections 4.2, 10.5, 10.6 and 11.5, shall be made monthly. The Schedule of Members ---------------------------- attached hereto shall be amended from time to time to reflect such changes.

Appears in 1 contract

Samples: Joint Venture Agreement (Vista Gold Corp)

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