Form of Contribution. The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, additional contributions in the same proportion shall be made by each member, except as may be approved by all member(s).
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Form of Contribution. The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, The members may make additional contributions in the same proportion shall be made by each member, except as may be approved by all member(s)future in the amounts and to the extent the Board of Managers determines.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Form of Contribution. (a) The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) members must consent in writing to contributions of property. To the extent there is more than one member, each member shall make additional contributions in the same proportion shall be made by each memberproportion, except as may be approved by all member(s)members. No member is required to make any contribution of property or money to the Company in excess of the property or money it has agreed to contribute to the Company. The Cinergy Member shall not be required to make a contribution in connection with its admission pursuant to Section 3.1 hereof.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cinergy Corp)
Form of Contribution. (a) The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, additional contributions in the same proportion shall be made by each member, except as may be approved by all member(s). No member is required to make any contribution of property or money to the Company in excess of the property or money it has agreed to contribute to the Company.
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