Unreturned Capital Contributions. Unreturned Capital Contributions means, regarding a Membership Class, all capital contributed by such Membership Class, less any amounts returned to such the Members of such Membership Class as a result of a Capital Transaction pursuant to Section 5.2(a)ii. The initial Unreturned Capital Contributions for Class A Units is expected to be $1,000 times the total number of Class A Units Issued.
Appears in 5 contracts
Samples: Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement (Cardone REIT I, LLC)
