Common use of Member Capital Contributions Clause in Contracts

Member Capital Contributions. The Sole Member has contributed $10 in exchange for all of the interests in the Company. The Sole Member shall not be required to make any additional capital contributions to the Company. Any additional members shall contribute such cash, property or services as are agreed between the Sole Member and the proposed new member (each, a “Member” and together with the Sole Member, collectively, the “Members”), as a condition of the proposed Member’s admission to the Company.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC), Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC), Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC)

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