Members and Initial Capital Contributions Sample Clauses

Members and Initial Capital Contributions. The names, addresses, initial Capital Contributions and Percentage Interests of the Members are set forth on Exhibit A attached hereto.
Sample 1
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Members and Initial Capital Contributions. The names and initial Capital Contributions of the initial Members and the number of Units acquired by each are as follows: WS Technologies LLC Name Initial Capital Contribution Units microHelix, Inc. 1,000,000 shares of the Series D Preferred Stock of microHelix, Inc. and warrants to purchase up to 65,100,917 shares of microHelix, Inc. Class B Common Stock at an exercise price of $0.001 per share, as described and defined in the Contribution Agreement between microHelix, Inc. and the Company dated December 30, 2009. 99 Aequitas Capital Management, Inc. All of the Assets described and defined in the Contribution Agreement between Aequitas Capital Management, Inc. and the Company dated December 30, 2009. 56 CarePayment, LLC All of the Assets described and defined in the Contribution Agreement between CarePayment, LLC and the Company dated December 30, 2009. 44 The Members will make their initial Capital Contributions upon the Manager's request.
Sample 1
Members and Initial Capital Contributions. The Members of the Company are Imperial-Savannah, SUGAR, and Cargill. If a Member fails to make its respective Initial Capital Contribution, as set forth in Schedule 4.1 and the Member Contribution Agreement, on or before the Closing Date, this Agreement shall terminate, the Company will be dissolved pursuant to Article XIII, and the Company will promptly return the Initial Capital Contribution, if any, made by the other Members. In consideration of the Initial Capital Contributions, Imperial-Savannah, SUGAR, and Cargill will each acquire the initial Membership Interests in the Company set forth in Schedule 4.1. Membership Interests are personal to each Member and, except as otherwise set forth in this LLC Agreement, do not give any Member any rights in the Property of the Company.
Sample 1
Members and Initial Capital Contributions. A. The Members shall be divided into Class A Members and Class B Members. Unless otherwise expressly provided in this Agreement to the contrary, (i) Creditrust and each subsequent holder of one or more Units who has been admitted to the Company as a Member shall be referred to herein as a "Class A Member" and Global, and any successor thereto, shall be referred to as the "Class B Member" and (ii) any reference to "Members" or a "Member" shall include the Class A Members and the Class B Member. The Members, their respective Class designations, capital contributions, addresses and number of Units (if any) are set forth on Schedule A hereto. Schedule A shall be amended ---------- ---------- from time to time to reflect any changes to the information set forth thereon.
Sample 1
Members and Initial Capital Contributions. A. The Members shall be divided into Class A Members and Class B Members. Unless otherwise expressly provided in this Agreement to the contrary, (i) Creditrust and each subsequent holder of one or more Units who has been admitted to the Company as a Member shall be referred to herein as a "Class A Member" and Global, and any successor thereto, shall be referred to as the "Class B Member" and (ii) any reference to "Members"
Sample 1
Members and Initial Capital Contributions 
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Related to Members and Initial Capital Contributions

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • Initial Capital Contribution On March 7, 2007, the Member made a capital contribution of One Hundred Dollars ($100.00) to the Company, and, as consideration therefor, the Member received a percentage interest of One Hundred Percent (100%) in the Company.

  • 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) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Initial Contributions In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10.10 for an interest in the Partnership and was admitted as the general partner of the Partnership, and the Initial Limited Partner made an initial Capital Contribution to the Partnership in the amount of $989.90 for an interest in the Partnership and was admitted as a limited partner of the Partnership.

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