Initial Capitalization. If, by December 31, 1993, OSIRIS has not received funding of at least $2 million ($2,000,000), this Agreement shall terminate, unless extended by mutual agreement and OSIRIS shall, at its sole expense, transfer to CWRU all right, title and interest in the Existing Patent Rights.
Initial Capitalization. BIOCERES and ARCADIA will each contribute Ten Thousand Dollars (US$10,000) to the Company, which shall be paid in cash. The resulting Member interests in the Company at Closing will be Fifty Percent (50%) for ARCADIA and Fifty Percent (50%) for Bioceres, Inc., all as set forth in the Operating Agreement.
Initial Capitalization. Set forth on Schedule 6.22 is a schedule of the initial capitalization of Holdings, LTC and each of LTC's Subsidiaries, after giving effect to the transactions contemplated to take place on the LTC Closing Date, specifying each class of interest held and the amount and holder thereof.
Initial Capitalization. BIOCERES and FD will each contribute [•] Thousand Uruguayan Pesos (UYU [•],000) or their US dollar equivalent to the Company, to be paid in cash. The resulting Member interests in the Company at the Closing Date will be Fifty Percent (50%) for FD and Fifty Percent (50%) for BIOCERES.
Initial Capitalization. ITEM 6.10(c) Real Property Assets.
Initial Capitalization. To provide for the initial capitalization of the Company, each Member will contribute the following: AD will contribute the following:
Initial Capitalization. The Company shall, as of the Establishment Date, have authorized capital stock consisting of one class of shares designated as Common Stock with the rights set forth in the Memorandum and the Articles. The Memorandum and the Articles shall initially provide for 100,000 authorized shares of Common Stock with par value of US$0.001 per share. The Company’s initial equity shall be funded as follows:
Initial Capitalization. (a) The equity capitalization of the Company as of the date hereof is as set forth in Exhibit A hereto.
Initial Capitalization. The Company shall, as of the Establishment Date, have authorized capital stock consisting of two classes of shares designated as Preferred Stock and Common Stock. The Company's initial equity shall be funded as follows:
Initial Capitalization. Upon the mutual execution and delivery of this Agreement, the Members shall be obligated to, and shall contribute cash to the Company in the respective amounts set forth on attached Exhibit A.
