Common use of Xxxxxxx Contributions Clause in Contracts

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).

Appears in 9 contracts

Samples: Limited Liability Company Agreement (RSE Portfolio, LLC), Limited Liability Company Agreement (RSE Portfolio, LLC), Limited Liability Company Agreement (RSE Innovation, LLC)

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