Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to its accepted “Subscription Amount” (as defined in the Member’s subscription agreement, the “Subscription Agreement”) in exchange for an Interest.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to the amount that the Member subscribes for in its Subscription Agreement that is accepted “Subscription Amount” (as defined in by the Member’s subscription agreement, the “Subscription Agreement”) Manager in exchange for an Interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to its accepted “Subscription Amount” (as defined in the Member’s subscription agreement, the “Subscription Agreement”) in exchange for an Interest.Interest.
Appears in 1 contract
Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to its accepted “Subscription AmountCommitment” (as defined in the Member’s subscription agreement, the “Subscription Agreement”) in exchange for an Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to its accepted “Subscription AmountCommitment” (as defined in the Member’s subscription agreement, the “Subscription Agreement”) in exchange for an Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Freeport Holdings Series LLC)
Membership Capital. Upon Closing, each participating Member shall make a Capital Contribution in an amount equal to its accepted “Subscription Amount” Commitment (as defined in the Member’s subscription agreement, the “'s Subscription Agreement”) in exchange for an Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement