Initial Contributions of the Members Sample Clauses

Initial Contributions of the Members. Any contribution made to the capital of the Company pursuant to this Section is referred to as an “Initial Contribution”.
Sample 1Sample 2
AutoNDA by SimpleDocs
Initial Contributions of the Members. The Initial Contributions of the Members of BitGiver are as follows: Xxxxxx Xxx
Sample 1
Initial Contributions of the Members. The initial capital contributions of the Members shall be made as follows:
Sample 1
Initial Contributions of the Members. (a) As of the Contribution Closing, CONSOL shall contribute the CONSOL Contributed Assets to the Company (the "CONSOL Initial Capital Contribution"). The value of the CONSOL Initial Capital Contribution on the Contribution Closing shall be determined as provided in Section 2.6 of the Contribution, Assignment and Assumption Agreement.
Sample 1
Initial Contributions of the Members. Promptly following the execution and delivery of this Agreement, each Member shall make a Capital Contribution to the Company in the amount of such Member’s Percentage Interest of (i) the total organization costs of the Company, (ii) the purchase price and other transaction costs payable by the Company pursuant to the Purchase Agreement, and (iii) initial working capital of the Company as approved by the Management Committee, which the Members anticipate will be in the approximate amount of One Hundred Ten Million Dollars ($110,000,000) in the aggregate from each Member. The Company shall enter into the Purchase Agreement and consummate the transactions as the purchaser under the Purchase Agreement. The initial Capital Contributions made pursuant to this Section shall be used first, to reimburse the Members for the organizational costs and expenses reasonably and actually incurred by each pursuant to Section 2.05(b) (to be split equally by the Members), and to pay the purchase price and other transaction costs payable by the Company under the Purchase Agreement, and the balance to establish an initial working capital reserve for the Company. Any contribution made to the capital of the Company pursuant to this Section is referred to as an “Initial Contribution”. The Initial Contribution by each Member made pursuant to this Section shall be credited to the Book Capital Account of such Member as of the date such Initial Contribution is made by Investor.
Sample 1
Initial Contributions of the Members. The Initial Contributions of the Members of CoolMellon, LLC are as follows: Cxxxxxx Xxxxxx Contribution: Intellectual Property: valued at $500.00 Gxxx Xxxxxxxx Contribution: Intellectual Property: valued at $500.00
Sample 1
Initial Contributions of the Members. (a) Initial Cash Contributions. Concurrently with the execution and delivery of this Agreement, the Members have contributed to the capital of the Company cash in that amount for each Member set forth opposite each such Member’s name on Exhibit A.
Sample 1
AutoNDA by SimpleDocs
Initial Contributions of the Members 
Sample 1Sample 2Sample 3See All (13)

Related to Initial Contributions of the Members

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • 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.

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

Time is Money Join Law Insider Premium to draft better contracts faster.