Common use of Capitalization and Financing Clause in Contracts

Capitalization and Financing. The Member shall make an initial capital contribution of $100. The Member may, but shall have no obligation to, make additional capital contributions.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Reit I, Inc.)

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Capitalization and Financing. The Member shall make an initial capital contribution of $1009,900. The Member may, but shall have no obligation to, make additional capital contributions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Development REIT I, Inc.)

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