Common use of Liability for Promised Contributions Clause in Contracts

Liability for Promised Contributions. A Member is obligated for promises to make Capital Contributions, even if the Member is unable to perform because of death, disability, or any other reason. If a Member does not make the Member's required contribution of property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution.

Appears in 24 contracts

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

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Liability for Promised Contributions. A Member is obligated for promises agreements to make Capital Contributionscapital contributions, even if the Member is unable to perform because of death, disabilitybankruptcy, or any other reason. If a Member does not make the Member's required agreed upon contribution of services or property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required agreed upon contribution.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/)

Liability for Promised Contributions. A Member is obligated for promises to make Capital Contributions, even if the Member is unable to perform because of death, disability, or any other reason. If a Member does not make the Member's ’s required contribution of property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

Liability for Promised Contributions. A Member is obligated for promises to make Capital Contributions, even if the Member is unable to perform because of death, disability, or any other reason. If a Member does not make the Member's required contribution of services or property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Prologis Trust), Limited Liability Company Agreement (Prologis Trust)

Liability for Promised Contributions. A Member is obligated for promises any ------------------------------------ promise to make a Capital ContributionsContribution, even if the Member is unable to perform because of death, for any reason (including death or disability, or any other reason. If a Member does not make the Member's required contribution of property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)

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Liability for Promised Contributions. A Member is obligated for promises to make Capital Contributions, even if the Member is unable to perform because of death, disability, or any other reason. If a Member does not make the Member's required contribution of property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

Liability for Promised Contributions. A Except as otherwise expressly ------------------------------------ provided herein, a Member is obligated for promises any promise to make a Capital ContributionsContribution, even if the Member is unable to perform because of death, for any reason (including death or disability, or any other reason. If a Member does not make the Member's required contribution of property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required contribution).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Point West Capital Corp)

Liability for Promised Contributions. A Member is obligated for promises agreements to make Capital Contributionscapital contributions, even if the Member is unable to perform because of death, disabilitybankruptcy, or any other reason. If a Member does not make the Member's required ’s agreed upon contribution of services or property, the Member is obligated, at the option of the Company, to contribute cash equal to the value of the required agreed upon contribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Urs Corp /New/)

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