Common use of Contributions to Capital Clause in Contracts

Contributions to Capital. (a) The minimum Capital Contribution of each Member to the capital of the Company shall be such amount as the Board in its sole and absolute discretion may determine from time to time. The amount of the initial Capital 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. The Investment Manager may make voluntary contributions to the capital of the Company as a Member.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (Feg Absolute Access Fund LLC), Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC), Limited Liability Company Operating Agreement (FEG Absolute Access Fund I LLC)

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Contributions to Capital. (a) The minimum Capital Contribution of each initial contribution by a Member to the capital of the Company shall be $50,000 (not including any placement or similar fees) or such other amount as may be approved by the Board in of Directors or its sole and absolute discretion may determine delegate from time to time. The Each Member will receive Units with a net asset value equal to such Member's initial capital contribution, and the amount of the initial Capital Contribution 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. The Investment Manager may make voluntary contributions Notwithstanding the foregoing, the Tax Matters Partner shall contribute at least $1,000 to the capital of the Company and shall be treated as a MemberMember for all purposes of this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (BlackRock Alternatives Allocation Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation TEI Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation Master Portfolio LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Adviser may make voluntary contributions to the capital of the Company as a Member.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Susa Registered Fund, L.L.C.), Limited Liability Company Agreement (Robeco-Sage Triton Master Fund, L.L.C.), Limited Liability Company Agreement (Old Mutual 2100 Absolute Return Master Fund, L.L.C.)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time, but in no event shall be less than $100,000. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Management Services Provider may make voluntary contributions to the capital of the Company as a Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Ramius IDF LLC), Limited Liability Company Agreement (Excelsior Directional Hedge Fund of Funds (Te) LLC), Limited Liability Company Agreement (Excelsior Directional Hedge Fund of Funds (Ti) LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Directors, in its sole and absolute discretion discretion, may determine from time to time, but in no event shall be less than $50,000. The amount of the initial Capital Contribution 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. The Investment Manager Management Services Provider may make voluntary contributions to the capital of the Company as a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grosvenor Registered Multi-Strategy Fund (Te), LLC), Limited Liability Company Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time, but in no event shall be less than $50,000. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Management Services Provider may make voluntary contributions to the capital of the Company as a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Excelsior Multi-Strategy Hedge Fund of Funds (Te 2), LLC), Limited Liability Company Agreement (Excelsior Multi-Strategy Hedge Fund of Funds (Ti 2), LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time, but in no event shall be less than $1,000,000. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Adviser may make voluntary contributions to the capital of the Company as a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ramius IDF Master Fund LLC)

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Contributions to Capital. (a) The minimum Capital Contribution of each Member to the capital of the Company shall be such amount as the Board in its sole and absolute discretion may determine from time to time. The amount of the initial Capital 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. The Investment Manager may make voluntary contributions to the capital of the Company as a Member.. Exhibit (a)(1)

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (FEG Directional Access TEI Fund LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Adviser may make voluntary contributions to the capital of the Company as a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mount Yale Opportunity Fund, LLC)

Contributions to Capital. (a) The minimum Capital Contribution initial contribution of each Member to the capital of the Company shall be such amount as the Board of Managers, in its sole and absolute discretion discretion, may determine from time to time, but in no event shall be less than $150,000. The amount of the initial Capital Contribution 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 Managers shall not be entitled to make voluntary contributions of capital to the Company as Directors Managers of the Company, but may make voluntary contributions to the capital of the Company as Members. The Investment Manager Adviser may make voluntary contributions to the capital of the Company as a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sawgrass Fund LLC)

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