Maintenance of Capital Accounts. (a) The Company shall maintain for each Member a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:
Appears in 19 contracts
Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Natural Resource Partners Lp), Limited Liability Company Agreement (Plains All American Pipeline Lp)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a “Capital Account”) on its books and records in accordance with this Section 5.03. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 13 contracts
Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a “Capital Account”) on its books and records in accordance with this Section 5.2. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 9 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a “Capital Account”) on its books and records in accordance with this Section 3.03. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement (Lendway, Inc.), Limited Liability Company Agreement (BIT ORIGIN LTD)
Maintenance of Capital Accounts. (a) The Company shall maintain for each Member Member, a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:
Appears in 6 contracts
Samples: Operating Agreement (Duberstein Gary K), Operating Agreement (Chiles Offshore LLC), Operating Agreement (Greenmarine Acquisition Corp)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a “Capital Account”) on its books and records in accordance with this Section 3.04. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 6 contracts
Samples: Operating Agreement (Singing Machine Co Inc), Limited Liability Company Agreement (Rayven Properties, LLC), Limited Liability Company Agreement
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a "Capital Account") on its books and records in accordance with this Section 3.03. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (iPower Inc.), Limited Liability Company Agreement (Tecogen Inc.), LLC Operating Agreement
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Company Member a separate capital account (a “Capital Account with respect to the Membership Interest owned by such Member Account”) on its books and records in accordance with the following provisions:this Section 5.3.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a "Capital Account") on its books and records in accordance with this Section 5.03. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Good Hemp, Inc.), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)
Maintenance of Capital Accounts. (a) The Company shall maintain for each Member a separate Capital Account with respect to the Membership Interest owned by such for each Member in accordance with the following provisions:this Section 4.3.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Wcof, LLC), Operating Agreement (Riggs National Corp), Operating Agreement (Riggs National Corp)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain Capital Accounts for each Member a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:and assignee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Pepsi Bottling Group Inc), Limited Liability Company Agreement (Bottling Group LLC)
Maintenance of Capital Accounts. (a) The In the event that there are two or more Members of the Company, the Company shall establish and maintain capital accounts for each Member a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Acco Brands Corp), Limited Liability Company Agreement (Acco Brands Corp)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate capital account (a “Capital Account”) on its books and records in accordance with this Section 3.06. Each Capital Account with respect to the Membership Interest owned by such Member shall be established and maintained in accordance with the following provisions:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)
Maintenance of Capital Accounts. (a) The Company shall maintain for each Member a separate Capital Account with respect to the Membership Interest owned by such for each Member in accordance with the following provisions:this Section 4.4.
Appears in 2 contracts
Samples: Venture and Operating Agreement, License Agreement (Solazyme Inc)
Maintenance of Capital Accounts. (a) The Company shall maintain a separate capital account for each Member a separate (“Capital Account with respect to the Membership Interest owned by such Member Account”) in accordance with the following provisions:this Section 4.6.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (MorningStar Partners, L.P.), Limited Liability Company Agreement (MorningStar Partners, L.P.)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain Capital Accounts for each Member a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Radio One Distribution Holdings, LLC), Limited Liability Company Operating Agreement (Radio One Distribution Holdings, LLC)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate Capital Account with respect to the Membership Interest owned by such Member on its books and records in accordance with the following provisions:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Fintech Investor Holdings, LLC)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain for each Member a separate Capital Account for each Member. Separate Capital Accounts shall be maintained with respect to the Membership Interest owned various classes and series of Interest. Each Member's Capital Account shall initially equal the fair market value (as such fair market value is determined by the Board at the time of contribution), net of liabilities assumed by the Company, of the property contributed by such Member in accordance with to the following provisions:capital of the Company for such Member's Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Blue Holdings, Inc.)
Maintenance of Capital Accounts. (a) The Company shall establish and maintain a capital account ("Capital Account") for each Member a separate Capital Account with respect to the Membership Interest owned by such Member in accordance with the following provisions:
Appears in 1 contract
Samples: Operating Agreement (Barton Protective Services LLC)
