Examples of Initial Capital Contribution Date in a sentence
On the Initial Capital Contribution Date, Zoullas and the other Management Members listed on Schedule B hereto shall be allocated the number and type of Points set forth opposite their respective names.
Each of the Members has made or is concurrently making (i) an initial cash contribution to the capital of the Company and/or (ii) an initial advance of cash funds constituting Special Membership Interest Funds, in an aggregate amount equal to its Initial Capital Commitment on or before the Initial Capital Contribution Date.
Any contributions of property on or after the Initial Capital Contribution Date shall be valued at their Fair Market Value.
Any contributions of property after the Initial Capital Contribution Date shall be valued at their Fair Market Value.
Each of the Members hereby commits to make an initial cash contribution to the capital of the Company in the amount equal to its Initial Capital Contribution set forth opposite each Members name on Schedule A upon the Initial Capital Contribution Date.