Initial Book Capital Accounts. The Book Capital Accounts of the Partners as of the date hereof (and after the contributions described in Section 3.01 of the Agreement have been made) shall be as more fully reflected on the Partnership’s books and records.
Initial Book Capital Accounts. The “Initial Book Capital Account” of a Member as of the date of the Agreement shall be equal to the amount theretofore or concurrently contributed by such Member in accordance with Section 4.02 of the Agreement.
Initial Book Capital Accounts. As used herein, the ----------------------------- "INITIAL BOOK CAPITAL ACCOUNT" of each Member means the Book Capital Account as of the date hereof but following the making of the contributions required as described in Section 3-1 of the Operating Agreement, The Initial Book Capital Account of each Member shall be as follows: Overseas $79,697,540.00 JMB $39,848,770.00 Xxxxxx $_____________
Initial Book Capital Accounts. The "Initial Book Capital Account" of a Member, as of the Effective Date, shall be the amount contributed by such Member on or before the Effective Date pursuant to Section 3.1 of the Limited Liability Company Agreement to which this Exhibit is attached (the "LLC Agreement").
Initial Book Capital Accounts. The “Initial Book Capital Account” of each Member, as of the date hereof, shall be the amount contributed to date by such Member pursuant to Sections 4.1 and 4.3B of the Limited Liability Company Agreement to which this Appendix is attached (the “LLC Agreement”). The Book Capital Account of a Member shall be thereafter increased, without duplication, by any Capital Contributions made by such Member pursuant to Sections 4.2, 4.3, 4.4, 4.5 and/or 4.6 of the LLC Agreement.
Initial Book Capital Accounts. The initial Book Capital Account ----------------------------- balances of the Members as of the date hereof shall, based upon the Capital Contributions made by the Members under Sections 3.1(a) and 3.2, be as follows: SWC $120,000 Inland $120,000
Initial Book Capital Accounts. As used herein, the "Initial Book Capital Account" of each Partner means the Book Capital Account as of the date hereof but following the making of the contributions described in Section 3.1A of the Partnership Agreement. The Initial Book Capital Account of each Partner as of the date hereof shall be as follows: Partner Book Capital Account Limited Partner $16,335,000.00 General Partner $165,000.00
Initial Book Capital Accounts. Prior to the transaction described in Recital “D” of the Agreement and Section 4.01(b) of the Agreement, the Company has been treated as a “partnership”, within the meaning of Section 301.7701-3 of the Income Tax Regulations, comprised of TPGA and the KC Members. The “Initial Book Capital Account” of TPGA and the KC Members as of the date of the Agreement shall be equal to each such Member’s Book Capital Account as it existed immediately following the transaction described in Recital “D” of the Agreement and Section 4.01(b) of the Agreement and after the application of Section 2.9A of this Appendix. The Initial Book Capital Account of CNP Investor shall be equal to its total Capital Contribution under Section 4.01(c) of the Agreement, which the Members agree is the fair market value of CNP Investor’s contribution.
