INITIAL CAPITAL CONTRIBUTIONS; UNITS Sample Clauses

INITIAL CAPITAL CONTRIBUTIONS; UNITS. Each Partner has made an initial Capital Contribution to the Partnership, and owns the number of Units set forth opposite its name, as set forth on Exhibit A, attached hereto and hereby incorporated herein.
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INITIAL CAPITAL CONTRIBUTIONS; UNITS. In connection with the formation of the Company, each Member shall be deemed to have contributed to the capital (the "Capital Contributions") of the Company the approximate amount of cash paid to Xxxxxxx-Xxxxxxx R.I.C. through November 30, 1998, respecting the payments due under that certain amortization schedule regarding the purchase of the Property, and has been credited with the number of Units, set forth opposite such Member's name set forth below: Ownership Name Contribution Units Held Percentages ------------------------------ ------------ ---------- ----------- Crown Asphalt Products Company $174,533 66.67 66.67% Foreland Asphalt Corporation $87,267 33.33 33.33%
Sample 1
INITIAL CAPITAL CONTRIBUTIONS; UNITS. (a) Subject to the BX Contribution Schedule, the Initial Capital Contribution by, and the date such Initial Capital Contribution was made or shall be made to the Company, as the case may be, by each Member is set forth opposite their respective names on Schedule 1 hereto, as amended from time to time.
Sample 1
INITIAL CAPITAL CONTRIBUTIONS; UNITS. Each Partner (or, in the case of KCH, its predecessor) has made an initial Capital Contribution to the Partnership, and owns the number of Units set forth opposite its name, as set forth on Exhibit A, attached hereto and hereby incorporated herein.
Sample 1
INITIAL CAPITAL CONTRIBUTIONS; UNITS. In connection with the formation of the Company, each Member has performed valuable services for or on behalf of the Company, or will perform such valuable services in the future, for which each such Member shall have a profits interest in the Company by virtue of the Units credited to such Members as set forth opposite such Members' names set forth below: Units Name Held ----------------------------------------- ------------ Peak Holding, LLC 5,100 Crown Energy Corporation 4,900 ----------- Total 10,000 =========== The Units credited to each Member shall reflect the interest of the Members in the future profits of the Company and shall not otherwise affect their respective capital interests.
Sample 1
INITIAL CAPITAL CONTRIBUTIONS; UNITS. Each Member has made or will complete his/her or its capital contributions within ten (10) days of the Effective Date, giving rise to such Member’s initial Capital Account and is deemed to own the number of Units and the Percentage Interest, all as set forth opposite such Member’s name in Exhibit “A”.
Sample 1
INITIAL CAPITAL CONTRIBUTIONS; UNITS 
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Related to INITIAL CAPITAL CONTRIBUTIONS; UNITS

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

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

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

  • 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.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

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