Common use of Initial Capital Clause in Contracts

Initial Capital. The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 66 contracts

Samples: Operating Agreement (Cleco Power LLC), Limited Liability Company Agreement (Ameren Missouri Securitization Funding I, LLC), Limited Liability Company Operating Agreement (SWEPCO Storm Recovery Funding LLC)

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Initial Capital. The initial capital of the Company shall be the sum of cash contributed to the Company by the Sole Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

Initial Capital. The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Entergy Texas, Inc.), Limited Liability Company Agreement (Entergy Texas, Inc.), Limited Liability Company Agreement (Consumers Funding LLC)

Initial Capital. The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the "Capital Contribution") in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC), Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC), Limited Liability Company Agreement (Central & South West Corp)

Initial Capital. The initial capital of the Company shall be the sum of cash and the Value of other property contributed to the Company by the Initial Member (the “Capital Contribution”) in the amount set out opposite the name of the Initial Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Barings BDC, Inc.), Limited Liability Company Agreement (Corporate Capital Trust, Inc.)

Initial Capital. The initial capital of the Company shall be the sum Capital Contribution of cash contributed the Member on or prior to the Company by the Member (the “Capital Contribution”) date hereof in the amount or value as is set out forth opposite the name of the Member on Schedule A I attached hereto, as amended from time . The Capital Contribution was made in exchange for a 100% ownership interest in the capital and the profits of the Company. The Member is not required to time and incorporated herein by this referencemake any additional Capital Contributions to the Company.

Appears in 2 contracts

Samples: Operating Agreement (Majestic Investor Capital Corp), Operating Agreement (Majestic Star Casino LLC)

Initial Capital. The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the “Initial Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (RSB Bondco LLC), Limited Liability Company Agreement (RSB Bondco LLC)

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Initial Capital. The initial capital of the Company --------------- shall be the sum of cash contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Txu Transition Bond Co LLC)

Initial Capital. The initial capital of the Company shall be the sum Capital Contribution of cash contributed the Member on or prior to the Company by the Member (the “Capital Contribution”) date hereof in the such amount or value as is set out forth opposite the name of the Member on Schedule A I attached hereto, as amended from time such Capital Contribution made in exchange for a 100% ownership interest in the capital and the profits of the Company. The Member is not required to time and incorporated herein by this referencemake any additional Capital Contributions to the Company.

Appears in 1 contract

Samples: Operating Agreement (Majestic Investor Capital Corp)

Initial Capital. The initial capital of of, the Company shall be the sum Capital Contribution of cash contributed the Member on or prior to the Company by the Member (the “Capital Contribution”) date hereof in the such amount or value as is set out forth opposite the name of the Member on Schedule A I attached hereto, as amended from time to time such Capital Contribution made in exchange for a 100% ownership and incorporated herein by this reference.profits interest in the

Appears in 1 contract

Samples: Operating Agreement (GNLV Corp)

Initial Capital. The initial capital of the Company shall be the sum of cash or assets contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC)

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