Return of Initial Contribution Sample Clauses

Return of Initial Contribution. Immediately after the initial deposit of Deposited Shares pursuant to Section 2.4, the Voting Trustee will return the initial contribution set forth in Section 2.1 to the Corporation.
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Return of Initial Contribution. As of the Closing Date, after giving effect to the transactions contemplated by Section 4.3 hereof, the interest in the Partnership of the Organizational Limited Partner shall be terminated, the Capital Contribution by the Organizational Limited Partner as an initial Capital Contribution shall be refunded and the Organizational Limited Partner shall withdraw as a limited partner of the Partnership. 98% of any interest or other profit which may have resulted from the investment or other use of such initial Capital Contributions shall be allocated and distributed to the Organizational Limited Partner, the balance thereof shall be allocated and distributed to the General Partner.

Related to Return of Initial Contribution

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

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

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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