Common use of Schedule of Members Clause in Contracts

Schedule of Members. The Company shall maintain and keep at its principal office the Schedule of Members on which it shall set forth the name and notice address of each Member (and, upon notice of any Transfer by any Member of any Membership Interest in accordance with Article IX, each Substituted Member), the aggregate number of Membership Interests of each class and the aggregate amount of cash Capital Contributions that have been made by such Member at any time, and the Fair Market Value of any property other than cash contributed by such Member with respect to the Membership Interests (including, if applicable, a description and the amount of any liability assumed by the Company or to which contributed property is subject).

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)

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Schedule of Members. The Company shall maintain and keep at its principal office the Schedule of Members on which it shall set forth the name and notice address of each Member (and, upon notice of any Transfer by any Member of any Membership Interest in accordance with Article IX, each Substituted Member), ) and the aggregate number of Membership Interests of each class and the held by such Member. The aggregate amount of cash Capital Contributions that have been made by such Member at any timeeach Member, and the Fair Market Value of any property other than cash contributed by such each Member with respect to the its Membership Interests (including, if applicable, a description and the amount of any liability assumed by the Company or to which contributed property is subject), shall be maintained in the Company’s books and records.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Gmac LLC)

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