Common use of Capital Contributions by Members Clause in Contracts

Capital Contributions by Members. Each Member shall contribute to the Company the amount of such Member’s Capital Contribution. The Company intends to offer for subscription limited liability company interests (“Units”), priced at $500 per Unit (payable as provided in Article 4.2), and each Investor who subscribes for at least One (1) Unit will acquire an Interest in the Company subject to the provisions of Article 4.2 of this Agreement. The Capital Contributions described herein shall constitute the full obligation of the Members to furnish funds to the Company. No additional funds or other Property shall be required of any Member. The Capital Contributions may be used by the Managers for any Business Purpose.