Financial contribution Methods of payment
FINANCIAL CONTRIBUTIONS 10.1 The Financial Contribution of the CCG and the Council to any Pooled Fund or Non-Pooled Fund for the first Financial Year of operation of each Individual Scheme shall be as set out in the relevant Scheme Specification.
Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.
Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.
Members Capital Contributions a.) Single Member Capital Contributions (Applies ONLY if Single-Member): The Member is able to make a contribution of capital in the amount and at the time the Member determines. The Member is not required or in any way obligated to make contributions to the Company (each instance being a “Capital Contribution”). The Member has the authority to take distributions of capital from the Company in line with any limitations set forth by the Statutes.
Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.