Capital Contributions Capital Accounts Sample Clauses

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.
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Capital Contributions Capital Accounts. 7 2.1 Initial Capital Contributions...............................................................7 2.2 Additional Capital Contributions; Additional Units..........................................7 2.3
Capital Contributions Capital Accounts. The Member shall make capital contributions to the Company from time to time, in cash, securities or other property, in amounts and at time as determined by the Member, and in proportion to its Membership Interests. A capital account shall be maintained for the Member in accordance with Treasury Regulations Section 1.794-1(b)(2)(iv).
Capital Contributions Capital Accounts. No member will be obligated to make any capital contribution to the Company except for any capital contribution agreed upon by all members. Each member will be obligated to contribute the member’s proportionate share (based on percentage interests) of any contribution approved by all of the members. If any member fails to contribute the amount agreed upon to be contributed by each member, in addition to the right of the Company to pursue all remedies available at law or in equity against the defaulting member, any member making such member’s contribution pursuant to such agreement may either withdraw the amount then contributed or elect to treat the same as a loan to the Company bearing interest at the prime rate as reported in The Wall Street Journal on the date contributed to the Company plus 5%. Any such loan shall be repaid by the Company before the Company makes any distributions to the members. No member may otherwise withdraw any capital contribution without the unanimous consent of the members. No member shall have personal liability for the repayment of any capital contribution of any other member. The Company’s accountant shall maintain a separate capital account for each member. No member shall be entitled to any interest on the balance in the member’s capital account.
Capital Contributions Capital Accounts. 19 Section 4.1 Initial Capital Contributions. 19 Section 4.2 Monthly Capital Contributions. 19 Section 4.3 Disputes Regarding Capital Contributions. 19
Capital Contributions Capital Accounts. 23 Section 4.1 Capital Contributions ........................................................................................23 Section 4.2 Capital Contribution Schedule ..........................................................................27 Section 4.3
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Capital Contributions Capital Accounts. 4 SECTION 2.1 INITIAL CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS: TAX ELECTIONS ....................................................4 SECTION 2.2 ADDITIONAL CAPITAL CONTRIBUTIONS, PAYMENTS OR LOANS...........4 SECTION 2.3
Capital Contributions Capital Accounts. 8 2.1 Initial Capital Contributions 8 2.2 Additional Capital Contributions; Additional Units 8 2.3 Capital Accounts 8 ARTICLE III. ALLOCATIONS 9 3.1 Profits 9 3.2 Losses 9 3.3 Special Allocations 9 3.4 Regulatory Allocations 10 3.5 Loss Limitation 11 3.6 Other Allocation Rules 11 3.7 Tax Allocations: Code Section 704(c) 11 3.8 Tax Credit Allocations 12 ARTICLE IV. DISTRIBUTIONS 12 4.1 Net Cash Flow 12 4.2 Amounts Withheld 12 4.3 Limitations on Distributions 12 ARTICLE V. MANAGEMENT 12 5.1 Directors 12 5.2 Number of Directors 12 5.3 Election of Directors 13 5.4 Authority of Directors 14 5.5 Director as Agent 15 5.6 Restriction on Authority of Directors 15
Capital Contributions Capital Accounts. 4.1 Capital Contributions of the Partners. The amount of each Limited Partner's original capital contribution as of the Effective Date is set forth on Exhibit A hereto. In addition, Exhibit A hereto lists for each Limited Partner the amount of any additional capital contributions such Limited Partner has agreed to make and whether such amounts are due as of a specified date or on call. Each Limited Partner hereby agrees to contribute the amount of any such additional capital contributions set forth opposite such Limited Partner's name on Exhibit A hereto on the date specified thereon or on call as specified thereon. If any Limited Partner fails to make a capital contribution provided for on Exhibit A hereto with respect to such Limited Partner, the General Partner may, in its discretion, institute suit against such defaulting Limited Partner for the amount of such capital contribution, plus interest, consequential damages and any expenses (including attorney's fees) relating to such suit, to the extent allowable, and in addition may seek contributions on a voluntary basis from other Limited Partners or other Persons for the amount of such capital contribution.
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