Initial Capital of the Company. The sums of cash or property contributed by the Member to the Company, if any, is set forth in the records of the Company; provided, however, that a Person may be admitted as a Member of the Company and receive an Interest without making a contribution or being obligated to make a contribution to the Company.
Initial Capital of the Company. The Members have made an initial Capital Contribution to the Company and have received the Initial Ownership Interests set forth in Section 1.2 above.
Initial Capital of the Company. The equity interests in the Company (including, without limitation, the Members’ “limited liability company interests,” as defined in the Act, and the Members’ rights to participate in the management of the Company as set forth herein) shall be issued in share increments. The total number of shares that the Company shall have authority to issue is one thousand (1,000). There shall be one class of shares, designated as “common stock, par value $1.00 per share” (“Shares”). Each Share shall be entitled to one vote and shall otherwise be identical in all respects with each other Share. All Shares issued hereunder shall be fully paid and non-assessable. The names of each Member and their ownership of Shares is as set forth in Schedule 1 hereof, as such schedule may be amended from time to time by the Company or as set forth in the register kept as provided in Section 9.1. Any Person who accepts Shares issued by the Company shall be deemed to have assented to each and every term of this Agreement, whether or not such Person is a signatory hereto.
Initial Capital of the Company. Initial capital
Initial Capital of the Company. The Members have made an initial Capital ------------------------------ Contribution to the Company and have received the Initial Ownership Interests set forth in Section 1.2 above.
Initial Capital of the Company. 2 Section 3.1. Membership Interests.......................... 2
Initial Capital of the Company
