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.
(b) No Member shall be required to make any additional Capital Contributions to the Company. However, a Member may make additional Capital Contributions to the Company on terms and conditions satisfactory to, and only with the prior written consent of, the Manager.
Xxxxxxx Contributions. The Member hereby agrees to contribute to the Company such cash, property, or services from time to time, or loan funds to the Company, in each case as the Member may determine in the Member’s sole and absolute discretion; provided, that absent such determination, the Member is under no obligation whatsoever, either express or implied, to make any such contribution or loan to the Company.
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. Contributions to this project by non-Grantor sources are expected to be paid out at the same general rate as Grant funds.
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. The initial capital contribution by the Member to the LLC was $100.00.
Xxxxxxx Contributions. Educational audio-visual payments shall be considered to be scale wages and the Employer shall make pension contributions on them to the American Federation of Musicians and Employers’ Pension Fund as provided in Article XXII.
Xxxxxxx Contributions. The Partners will each make minimum monthly investments of $[Amount] at regular monthly meetings. Partners may also make optional additional contributions in any $[Amount] increment(s). Regular monthly contributions, normally collected at meetings, are due prior to the scheduled meeting in the case of any planned absence, or by the end of the third day after the meeting from anyone who was unable to attend that monthly meeting due to an emergency or illness. No Partner's capital account shall exceed twenty percent (20%) of the capital accounts of all Partners.
Xxxxxxx Contributions. Section 5.1.1.
