Additions to Capital Accounts Sample Clauses

Additions to Capital Accounts. Subsequent to the opening Capital Account, a Partner’s Capital Account will be increased by the following items:
AutoNDA by SimpleDocs
Additions to Capital Accounts. To each Member's Capital ----------------------------- Account there shall be added the Member's Capital Contributions and the Member's distributive share of Profits and any items of income or gain which are allocated separately from Profits under Section 4.2.
Additions to Capital Accounts. Subsequent to the opening Capital Account, a Partner's Capital Account will be increased by the following items: (a) Such Partner's cash contributions to the Partnership's capital; (b) The fair market value, as agreed upon, of any property contributed to the capital of the Partnership by a Partner (net of liability secured by such contributed property that the Partnership is considered to assume or take subject to under Code Section 752); (c) Such Partner's share of the Partnership realized and unrealized profits and any gains (whether or not any such items are exempt from tax); (d) Such Partner's share of income described in Code Section 705(a)(1)(B); and (e) Such other amounts that are required for the Capital Account to be determined and maintained in accordance with Treasury Regulations.
Additions to Capital Accounts. There shall be established and maintained for each Member on the books of the Company as of the date hereof a capital account ("Capital Account") which shall initially equal the amount of their Initial Cash Contribution. Each Member's Capital Account shall be increased by:
Additions to Capital Accounts. To each Partner’s Capital Account there shall be added the Partner’s Capital Contributions and the Partner’s distributive share of Profits and any items of income or gain which are allocated separately from Profits under Section 4.3.
Additions to Capital Accounts. Each Member's Southwest I Capital Account or Kerrville Capital Account shall be increased, as appropriate, by:
Additions to Capital Accounts. The Company shall increase a Member's capital account by the following:
AutoNDA by SimpleDocs

Related to Additions to Capital Accounts

  • Adjustments to Capital Accounts At the end of each Fiscal Period, the Capital Accounts of the Partners shall be adjusted in the following manner:

  • Contributions to Capital (a) The minimum initial contribution of each Member to the capital of the Company shall be $75,000, subject to the discretion of the Manager to accept initial investments in lesser amounts. The amount of the initial contribution of each Member shall be recorded on the books and records of the Company upon acceptance as a contribution to the capital of the Company. The Directors shall not be entitled to make voluntary contributions of capital to the Company as Directors of the Company, but may make voluntary contributions to the capital of the Company as Members.

  • Book Capital Accounts The Book Capital Account balance of each Holder shall be adjusted each day by the following amounts:

  • Negative Capital Accounts No Member shall be required to pay to any other Member or the Company any deficit or negative balance which may exist from time to time in such Member’s Capital Account (including upon and after dissolution of the Company).

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Deficit Capital Accounts No Member will be required to pay to the Company, to any other Member or to any third party any deficit balance that may exist from time to time in the Member’s Capital Account.

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply:

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Capital Accounts The Company will maintain a Capital Account for each Member on a cumulative basis in accordance with federal income tax accounting principles.

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