Initial Capital Account is defined in Section 3.5.
Initial Capital Account is defined in Section 5.1.
Initial Capital Account means, with respect to each Member, the Capital Account for such Member existing immediately after the Capital Contributions described in Section 5.1 of this Agreement were made.
Examples of Initial Capital Account in a sentence
Inland's Initial Capital Account balance shall be equal to Inland's Initial Capital Contribution set forth in the preceding sentence.
A capital account shall be established for each Partner in such Partner's Initial Capital Account Amount.
The Initial Capital Account of the Class A Member reflects the transfer of the Revolving Credit Loans to the Company by the Class A Member as its Initial Capital Contribution, net of the value of the Class B Ownership Interests.
Each Member shall make the Initial Capital Contribution and shall have the Initial Capital Account described for that Member on Exhibit A at the time and on the terms specified in Exhibit A.
The Initial Capital Account Balance of each Partner shall be as specified in Article I.
More Definitions of Initial Capital Account
Initial Capital Account means, as to each of the Partners admitted prior to the Effective Time, the amount recorded on the Partnership’s books as the value of such Person’s Capital Account as of such date; and as to each Partner admitted to the Partnership after the Effective Time, the amount recorded on the Partnership’s books as such Person’s Initial Capital Account at the time such Person is admitted to the Partnership.
Initial Capital Account means, with respect to any Member, the capital account of such Member as of the Tax Effective Date, as calculated pursuant to Section 3.2.
Initial Capital Account means the amount indicated as the Initial Capital Account in the Notice of Class C Unit Grant.
Initial Capital Account means, with respect to the Managing Member and the Class A Member, the Capital Account balance of such Member as of the Closing Date after giving effect to its initial Capital Contribution pursuant to Section 2.1 and the Contribution Agreement and the transfer of the Initial Class A Members’ Interest to the Class A Member and the transfer of the Initial Class B Member’s Interest to the Managing Member.
Initial Capital Account means, for each Partnership Interest, the amount set forth therefore in Schedule A, which shall be the Capital Account for such Partnership Interest as of the Effective Date.
Initial Capital Account means the Capital Account of a Member as of the date of this Agreement, as set forth on Exhibit A.
Initial Capital Account means the amount of the contribution by the Trust and the Managing Member in Sections 3.1(a) and (b) hereof.