Time of Adjustment for Capital Contributions. For purposes of computing the balance in a Member's Capital Account, no credit shall be given for any Capital Contribution which such Member is to make until such contribution is actually made. "Capital Contribution" refers to the total amount of cash and the agreed fair market value (net of liabilities) contributed to the LLC by that Member and any subsequent contributions of cash and the agreed fair market value (net of liabilities) of any other property subsequently contributed to the LLC by that Member.
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Samples: Operating Agreement (Kennedy Wilson Inc), Operating Agreement (Tsecrp Inc), Operating Agreement (G&l Realty Corp)
Time of Adjustment for Capital Contributions. For purposes of computing the balance in a Memberthe member's Capital Account, no credit shall be given for any Capital Contribution which such the Member is to make until such contribution is actually made. "Capital Contribution" refers to the total amount of cash and the agreed fair market value (net of liabilities) contributed to the LLC by that the Member and any subsequent contributions of cash and the agreed fair market value (net of liabilities) of any other property subsequently contributed to the LLC by that the Member.
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Samples: Company Agreement (Citi TeeVee LLC), Company Agreement (Citi TeeVee LLC)
Time of Adjustment for Capital Contributions. For purposes -------------------------------------------- of computing the balance in a Member's Capital Account, no credit shall be given for any Capital Contribution which such Member is to make until such contribution is actually made. "Capital Contribution" refers to the total amount of cash and the agreed fair market value (net of liabilities) contributed to the LLC by that Member and any subsequent contributions of cash and the agreed fair market value (net of liabilities) of any other property subsequently contributed to the LLC by that Member.
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