Organizational Contributions and Actions; Initial Transfer. (a) As soon as practicable after the execution hereof, Initial Member shall contribute to the Company the Loans in accordance with the provisions of the Loan Contribution and Assignment Agreement (such date, the “Contribution Date”).
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Organizational Contributions and Actions; Initial Transfer. (a) As soon as practicable after the execution hereof, the Initial Member shall contribute to the Company the Loans Assets in accordance with the provisions of the Loan Contribution and Assignment Agreement (such date, the “Contribution Date”).
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
