Common use of Initial Capital Contributions and Interests Clause in Contracts

Initial Capital Contributions and Interests. The deemed initial Capital Contributions of the Members will be the amount set forth opposite each Member’s name on Exhibit A, which is attached hereto and incorporated by reference herein. The initial Interest of each Member is set forth opposite each Member’s name on Exhibit A. Each Member is deemed to have contributed the initial Capital Contribution set forth opposite such Member’s name on Exhibit A at such time as the Board of Managers shall determine, in return for such Member’s initial Interest. Interests may be changed from time to time in accordance with this Agreement.

Appears in 3 contracts

Samples: Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.)

AutoNDA by SimpleDocs

Initial Capital Contributions and Interests. The deemed initial Capital Contributions of the Members will be the amount set forth opposite each Member’s name on Exhibit A, which is attached hereto and incorporated by reference herein. The initial Interest of each Member is set forth opposite each Member’s name on Exhibit A. Each Member is deemed to have contributed shall contribute the initial Capital Contribution set forth opposite such Member’s name on Exhibit A at such time as the Board of Managers shall determine, in return for such Member’s initial Interest. Interests may be changed from time to time in accordance with this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Nobilis Health Corp.), Company Agreement (Northstar Healthcare Inc)

AutoNDA by SimpleDocs

Initial Capital Contributions and Interests. The deemed initial Capital Contributions of the Members will be the amount set forth opposite each Member’s name on Exhibit A, which is attached hereto and incorporated by reference herein. The initial Percentage Interest of each Member is set forth opposite each Member’s name on Exhibit A. Each Member has contributed or is deemed to have contributed the initial Capital Contribution set forth opposite such Member’s name on Exhibit A at such time as the Board of Managers shall determine, in return for such Member’s initial InterestUnits. Interests Exhibit A may be changed from time to time in accordance with this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Park Holdings Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.