PERCENTAGE INTERESTS AND INITIAL CAPITAL CONTRIBUTIONS Sample Clauses

PERCENTAGE INTERESTS AND INITIAL CAPITAL CONTRIBUTIONS. The Members shall make the following initial capital contributions to the Company on a date as directed by the Manager and shall have the following percentage interests in the Company's distributions, profits and losses: Member Initial Capital Contribution Percentage Interest ------ ---------------------------- ------------------- XX Xxxxxx Sea Inc. $25,000 50% Magma Power Company $25,000 50%
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PERCENTAGE INTERESTS AND INITIAL CAPITAL CONTRIBUTIONS. Each ------------------------------------------------------ Partner's address and percentage interest in the Partnership ("Percentage Interest") are as follows: Percentage Partner Interest ------- -------- Limited Partner: 99% 000 Xxxxx 0/xx/ Xxxxxx X.X. Xxx 0000 Xxxxxxx, Xxxxxxxx 00000 General Partner: 1% 000 Xxxxx 0/xx/ Xxxxxx X.X. Xxx 0000 Xxxxxxx, Xxxxxxxx 00000 The General Partner's initial contribution to the capital of the Partnership shall be an undivided interest in one percent (1%) of the Properties. The Limited Partner's initial contribution to the capital of the Partnership shall be an undivided interest in ninety-nine percent (99%) of the Properties.
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Related to PERCENTAGE INTERESTS 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.

  • Capital Contributions; Percentage Interest The Members shall make contributions to the Company in an amount approved by the Members. No Member shall be required or permitted to make any additional contributions without the consent of all of the Members. The percentage interest of each Member in the Company shall be as set forth in the books and records of the Company, as amended from time to time by Managing Member consent.

  • 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.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • 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.

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

  • Capital Contributions Distributions 10 SECTION 5.1

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

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

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