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 Board of Directors and shall have the following percentage interests in the Company's distributions, profits and losses ("Percentage Interests"): Member Initial Capital Contribution Percentage Interest ------ ---------------------------- ------------------- Salton Sea Funding Corporation $ 1.00 1% Magma Power Company $99.00 99%
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Samples: Limited Liability Company Agreement (Niguel Energy Co), Limited Liability Company Agreement (Niguel Energy Co)
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 Board of Directors Manager and shall have the following percentage interests in the Company's distributions, profits and losses ("Percentage Interests"): losses: Member Initial Capital Contribution Percentage Interest ------ ---------------------------- ------------------- Salton XX Xxxxxx Sea Funding Corporation $ 1.00 1Inc. $25,000 50% Magma Power Company $99.00 9925,000 50%
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Samples: Operating Agreement (Niguel Energy Co), Operating Agreement (Niguel Energy Co)
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 Board of Directors and shall have the following percentage interests in the Company's distributions, profits and losses ("Percentage Interests"): Member Initial Capital Contribution Percentage Interest ------ ---------------------------- ------------------- Salton Sea Funding Corporation $ 1.00 1% Magma Vulcan Power Company $99.00 99100.00 100%
Appears in 1 contract
Samples: Limited Liability Company Agreement (Niguel Energy Co)
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 Board of Directors Manager and shall have the following percentage interests in the Company's distributions, profits and losses ("Percentage Interests"): losses: Member Initial Capital Contribution Percentage Interest ------ ---------------------------- ------------------- Salton Sea Funding Corporation $ 1.00 1CalEnergy Minerals, Inc. $25,000 50% Magma Power Company $99.00 9925,000 50%
Appears in 1 contract
