Common use of Additional Provisions Regarding Capital Accounts Clause in Contracts

Additional Provisions Regarding Capital Accounts. (a) If a Member pays any Company indebtedness, such payment shall be treated as a contribution by that Member to the capital of the Company, and the Capital Account of such Member shall be increased by the amount so paid by such Member. Exhibit “A”

Appears in 3 contracts

Samples: Development Management Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc), Limited Liability Company Agreement (Skechers Usa Inc)

AutoNDA by SimpleDocs

Additional Provisions Regarding Capital Accounts. (a) If a Member pays any Company indebtedness, such payment shall be treated as a contribution by that Member to the capital of the Company, and the Capital Account of such Member shall be increased by the amount so paid by such Member. Exhibit “A”.

Appears in 3 contracts

Samples: Lease Agreement (Skechers Usa Inc), Company Agreement (InfraREIT, Inc.), Company Agreement (InfraREIT, Inc.)

AutoNDA by SimpleDocs

Additional Provisions Regarding Capital Accounts. (a) If a Member pays any Company indebtednessindebtedness of the Company, such the payment shall be treated as a contribution by that Member to the capital of the Company, Company and the Capital Account of such the Member shall be increased by the amount so paid by such the Member. Exhibit “A”.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Parallel, L.P.)

Time is Money Join Law Insider Premium to draft better contracts faster.