Membership Interests; Capital Contributions Sample Clauses

Membership Interests; Capital Contributions. The “membership interests” of the Company represent the ownership interests of the Members of the Company. All membership interests in the Company shall be and are owned by the Member, and the Member is the sole and exclusive owner of the Company having all rights of a Member as set forth herein.
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Membership Interests; Capital Contributions. As of the Effective Date, and subject to having made or making when due the additional Capital Contributions to the Company pursuant to the Contribution Agreements, each Member has (or shall have) the initial Unreturned Capital and has received the Membership Interest set forth opposite such Member’s name on Schedule A attached hereto. The Members (a) have made Capital Contributions to the Company pursuant to that certain Contribution Agreement dated as of January 19, 2021, by and among the Company, the Vinco Member, and the ZASH Member, and (b) are making certain additional Capital Contributions to the Company pursuant to the Contribution Agreements.
Membership Interests; Capital Contributions. The interest of each of the Members in the LLC is set forth on Schedule A, annexed hereto and made a part hereof. The agreed value of the initial capital contribution to the LLC on behalf of each Member is set forth on Schedule A. The Members of the LLC and their interests in the profits, losses and distributions from the LLC are set forth on Schedule A.
Membership Interests; Capital Contributions. (a) Membership interests in the Company shall be represented by Units. Each Member has been issued the number of Units set forth next to such Member's name on Schedule 4.2.
Membership Interests; Capital Contributions. 23 OPERATING AGREEMENT OF KMA GLOBAL SOLUTIONS, LLC A NEVADA LIMITED LIABILITY COMPANY THIS OPERATING AGREEMENT is made and dated effective as of the 9th day of March, 2006, by and among KMA GLOBAL SOLUTIONS, LLC, a limited liability company formed under the laws of the State of Nevada and having its principal office at 0000 Xxxxx xxxxxxx Xxxxxx, Xx. 000-00, Xxx Xxxxx, Xxxxxx 00000 (hereinafter referred to as the "Company"); KMA GLOBAL SOLUTIONS INTERNATIONAL, INC., a corporation formed under the laws of the State of Nevada corporation, and those entities and/or individuals whose names are set forth on Schedule A to this Agreement, as amended from time to time (collectively, the "Members").
Membership Interests; Capital Contributions 

Related to Membership Interests; Capital Contributions

  • Additional Capital Contributions and Issuances of Additional Partnership Interests Except as provided in this Section 4.2 or in Section 4.3, the Partners shall have no right or obligation to make any additional Capital Contributions or loans to the Partnership. The General Partner may contribute additional capital to the Partnership, from time to time, and receive additional Partnership Interests in respect thereof, in the manner contemplated in this Section 4.2.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • 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.

  • 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.

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