Contributing Members Sample Clauses
The 'Contributing Members' clause defines who qualifies as a contributing member within an organization or agreement and outlines their rights and responsibilities. Typically, this clause specifies the criteria for membership, such as payment of dues, participation in activities, or contribution of resources, and may detail the process for becoming or ceasing to be a contributing member. Its core function is to establish clear guidelines for membership status, ensuring transparency and consistency in how members are recognized and what is expected of them.
Contributing Members. Those Members making additional contributions to the Company or contributions as a result of the failure of a Delinquent Member to make the contributions required by the Commitment as described in Article 7.
Contributing Members. TIC TPS Fort Worth 8, LLC, a Delaware limited liability company By: /s/ S▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ S▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, an individual, its sole member
Contributing Members. By executing the signature page to this Agreement, subject to the terms and conditions hereof, (i) each Contributing Member, if an Accredited Investor, hereby agrees, in exchange for such Contributing Member’s Contributing Member Interests, to subscribe for and receive, and the OP agrees to issue, the Contributing Member’s portion of the Offered OP Units to such Contributing Member on the closing date of the IPO (the “Closing Date”) as set forth in Section 1.02, and (ii) each Contributing Member (A) consents to the Consolidation Transactions and to the applicable Assignment and Assumption Agreements with respect to the Existing Entities in which such Contributing Member holds a Contributing Member Interest, (B) waives any right such Contributing Member may have to elect to receive any cash or other consideration, respectively, under the organizational documents for any of the Existing Entities, and (C) irrevocably agrees, upon satisfaction of the conditions in Sections 2.01 of this Agreement, to receive in exchange for such Contributing Member Interests (1) the Offered OP Units or, (2) if the Contributing Member is not an Accredited Investor, to accept the Non-Accredited Investor Payment, or (3) if, in certain limited circumstances set forth in Section 1.01(c), the Company or the OP determine to pay cash, to accept the Cash in Lieu Payment (as hereinafter defined).
Contributing Members. TIC TPS Fort Worth 5, LLC, a Delaware limited liability company By: /s/ W▇▇▇▇▇▇ ▇. ▇▇▇▇▇ W▇▇▇▇▇▇ ▇. ▇▇▇▇▇, as husband and wife as joint tenants with right of survivorship By: /s/ S▇▇▇▇▇ ▇. ▇▇▇▇▇ S▇▇▇▇▇ ▇. ▇▇▇▇▇, as husband and wife as joint tenants with right of survivorship
Contributing Members. TIC TPS Fort Worth 14, LLC, a Delaware limited liability company By: /s/ G▇▇▇ ▇▇▇ T▇▇▇▇▇ ▇▇▇▇ L▇▇ ▇▇▇▇▇▇, as Trustee of The G▇▇▇ and B▇▇▇▇▇▇ ▇▇▇▇▇▇ Revocable Trust dated August 12, 1994, its sole member By: /s/ B▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ B▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, as Trustee of The G▇▇▇ and B▇▇▇▇▇▇ ▇▇▇▇▇▇ Revocable Trust dated August 12, 1994, its sole member
Contributing Members. TIC TPS Fort Worth 4, LLC, a Delaware limited liability company By: GRW Properties, LLC, a Utah limited liability company, its sole member By: /s/ G▇▇▇▇▇▇ ▇. ▇▇▇▇▇ G▇▇▇▇▇▇ ▇. ▇▇▇▇▇, its Manager
Contributing Members. TIC TPS Fort Worth 10, LLC, a Delaware limited liability company By: /s/ G▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ G▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, as Co-Trustee of the Winnacker Family Trust dated November 15, 1996, its sole member By: /s/ M▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ M▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, as Co-Trustee of the Winnacker Family Trust dated November 15, 1996, its sole member
Contributing Members. TIC TPS Fort Worth 9, LLC, a Delaware limited liability company By: The Moine Family Limited Partnership, a Texas limited partnership, its sole member By: /s/ H▇▇▇▇▇▇ ▇. ▇▇▇▇▇ H▇▇▇▇▇▇ ▇. ▇▇▇▇▇, as Trustee of the Moine Family Management Trust, its general partner
Contributing Members. TIC TPS Fort Worth 1, LLC, a Delaware limited liability company By: Golden Phoenix LLC, a California limited liability company, its sole member By: Lai Investments & Management, LLC, a California limited liability company, its sole member By: /s/ A▇▇▇▇▇ ▇▇▇ A▇▇▇▇▇ ▇▇▇, as Trustee of the A▇▇▇▇▇ ▇▇▇ Living Trust dated June 1, 1994, its sole member
Contributing Members. Each Class A Member shall receive a credit to such Class A Member’s Capital Account in the amount of any additional Capital Contribution(s) which he, she or the entity makes to the Company or a Company Series and shall receive such other rights as have been approved by the Manager in connection with such additional Capital Contribution in accordance with the terms of this Agreement or Series Designation.