Permanent Contribution. If the Additional Contribution/Loan Members elect under Section 4.06(a)(ii) to have the Additional Contribution/Loan with respect to a Series treated as a permanent Capital Contribution, then the Sharing Ratios in respect of the Additional Contribution/Loan Members and the Non-Contributing/Loan Member will be automatically adjusted to equal each Member’s total Capital Contributions in respect of the Applicable Adjustment Series when expressed as a percentage of all such Members’ Capital Contributions (after giving effect to the Capital Contribution made by the Additional Contribution/Loan Members) in respect of such Series.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (RGC Resources Inc)
Permanent Contribution. If the Additional Contribution/Loan Members elect under Section 4.06(a)(ii) to have the Additional Contribution/Loan with respect to a Series treated as a permanent Capital Contribution, then the Sharing Ratios in of each Member with respect of to the Additional Contribution/Loan Members and the Non-Contributing/Loan Member Series will be automatically adjusted to equal each Member’s total Capital Contributions in with respect of to the Applicable Adjustment Series when expressed as a percentage of all such Members’ Capital Contributions with respect to the Series (after giving effect to the Capital Contribution made by the Additional Contribution/Loan Members) in respect of such Series).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (EQT Corp), Limited Liability Company Agreement (EQT Corp)
Permanent Contribution. If the Additional Contribution/Loan Members elect under Section 4.06(a)(ii) to have the Additional Contribution/Loan with respect to a Series treated as a permanent Capital Contribution, then the Sharing Ratios in respect of the Additional Contribution/Loan Members and the Non-Contributing/Loan Member will be automatically adjusted to equal each Member’s total Capital Contributions in respect of the Applicable Adjustment Series when expressed as a percentage of all such Members’ Capital Contributions (after giving effect to the Capital Contribution made by the Additional Contribution/Loan Members) in respect of such Series).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP)
