Xxxxxxx Contributions. The Member shall make a cash capital contribution to the Company from time to time as approved by the Member (the “Capital Contribution”). In exchange, the Member shall have 100% Membership Interest in the Company (the “Membership Interest”). The Member is not required to make any contributions of cash, assets or other property to the Company in excess of his Capital Contribution (but may do so at his election).
Xxxxxxx Contributions. (a) Upon execution of this Agreement, each Member shall have contributed to the Company the Capital Contribution as set forth on Exhibit A dated June 29, 2004 attached hereto. On July 1, 2004, each Member shall have contributed to the Company the Capital Contribution as set forth on Exhibit A dated July 1, 2004 attached hereto.
Xxxxxxx Contributions. The Member contributed property to the Company prior to the date of this Agreement and the current value of all property previously contributed by the Member to the Company is reflected on the books and records of the Member. In accordance with Section 5(c), the Special Members shall not be required to make any capital contributions to the Company.
Xxxxxxx Contributions. The Members listed on Schedule A hereto on the date hereof have made on or prior to the date hereof the Capital Contributions to the Company described on Schedule B hereto. No Member shall be entitled (except as provided in Article XI) to make any additional Capital Contributions without the approval of the Board or required to make any additional Capital Contributions without such Member’s express written agreement. In connection with any issuance of additional Units, the Board may accept such additional Capital Contributions as it determines in its discretion. Schedule B shall be updated from time to time in the event additional Capital Contributions are made by the Members and to reflect Transfers of a Member’s interest in the Company.
Xxxxxxx Contributions. Contributions to this project by non-Grantor sources are expected to be paid out at the same general rate as Grant funds.
Xxxxxxx Contributions. Section 5.1.1.
Xxxxxxx Contributions. (a) Upon execution of this Agreement, each Member shall have contributed to the Company the Capital Contribution as set forth on Exhibit A attached hereto.
Xxxxxxx Contributions. Schedule A attached hereto also sets forth the Members’ respective aggregate Capital Contributions to the Company as of the Effective Date (including, in each case, any Capital Contributions previously made by any predecessor to such Member as a member of the Company).
Xxxxxxx Contributions. The Member is deemed admitted as a member of the Company upon its execution and delivery of this Agreement.
Xxxxxxx Contributions. The initial capital contribution by the Member to the LLC was $100.00.
