Members’ Initial Capital Contributions. The Member has contributed in immediately available U.S. funds, or in fair market value of property or services rendered, or a promissory note or other binding obligations to contribute cash or property or to perform services, that amount set forth opposite the Member’s name on Exhibit A hereto, for the number of Units set forth opposite the Member’s name thereon.
Members’ Initial Capital Contributions. Each of the Members have contributed their respective Holdings Membership Interests to the Company in exchange for the following Units in the Company, and the Members are deemed to have made an initial Capital Contribution to the capital of the Company as set forth in Schedule A and, in consideration therefor, the Company is issuing to each such Member the number of Units set forth opposite such Member’s name, representing the Percentage Interests in the Company as set forth in Schedule A. The Members are admitted as the Members of the Company upon their execution and delivery of this Agreement, or a joinder to this Agreement. The name, address, and Members’ Percentage Interests are as set forth on Schedule A subject to adjustment as herein provided. To the extent that any adjustment of Schedule A is required pursuant to this Agreement, whether as a result of the Capital Contribution of any Member, the Transfer of any Membership Interest (or any portion thereof), the admission of any additional Members, or otherwise as provided herein, the parties hereto acknowledge and agree that Schedule A shall automatically be deemed amended and restated to reflect the correct name and capital contribution of each Member in accordance with the books and records of the Company without further action by any of the Parties (and the Units held by the Members shall be similarly adjusted, so that each Member shall have such number of Units equal to 100,000 multiplied by such Member’s Percentage Interest) from time to time.
Members’ Initial Capital Contributions. (a) Strathmore, as its Initial Capital Contribution, hereby contributes the Property described in Appendix B to the capital of the Company.
Members’ Initial Capital Contributions. Each Member has contributed or shall be obligated to contribute such amount as is set forth in Exhibit “A” hereto as its share of the Initial Capital Contribution.
Members’ Initial Capital Contributions. Each of the Members has contributed to the Company certain cash Capital Contributions indicated on attached Exhibit A.
Members’ Initial Capital Contributions. The Initial Capital Contributions to the Company of each of the Members have been made concurrently with the Effective Date.
Members’ Initial Capital Contributions. Each Member shall be obligated to contribute such amount as is set forth in Exhibit "A" hereto as its share of the Initial Capital Contribution. The Catalyst Member is making its entire Initial Capital Contribution on the date hereof, and the BR Member shall make its Initial Capital Contribution in installments in accordance with the terms set forth herein. From time to time after the date hereof, the Catalyst Member shall call for Capital Contributions by the BR Member in order to fund the amounts set forth in the Total Project Budget; provided, that, the aggregate amount of such capital calls (each, a "Capital Call") shall not exceed the amount of the BR Member's capital commitment as set forth on Exhibit "A". The Catalyst Member shall make Capital Calls by issuing written notice thereof to the BR Member. The terms of any such Capital Call shall require the BR Member to contribute the amount subject to such Capital Call by wire transfer payable in U.S. dollars to an account designated in the Capital Call Notice, no later than the date specified therein (the "Due Date"), provided that such Due Date shall not be less than 5 business days after the date of such Capital Call Notice. Notwithstanding the foregoing, the Members agree that all Pursuit Costs (as such term is defined in the Cost-Sharing Agreement) previously incurred by a Member or its Affiliate either (i) shall be deemed an Initial Capital Contribution of such Member and reduce the amount otherwise to be contributed by it to the Company or (ii) shall be refunded to such Member.
Members’ Initial Capital Contributions. Members, their respective -------------------------------------- addresses, their initial Capital Contributions to Company (the "Initial Contributions"), and their respective initial Percentage Interests in Company are set forth on Exhibit B. All initial Capital Contributions are hereby assigned and contributed to Company.
Members’ Initial Capital Contributions. Upon the execution of this Agreement and creation of an Account, the Members with interests in that Account shall contribute to the Company cash or property as set forth on the schedule for that Account which is attached to this Agreement and incorporated by this reference.
Members’ Initial Capital Contributions. Each Member shall be obligated to contribute such amount as is set forth in Exhibit “A” hereto as its share of the Initial Capital Contribution. The Members shall make their entire Initial Capital Contribution on the date hereof. In addition to the Members’ Initial Capital Contributions, Exhibit A for informational purposes only reflects the initial capital contributions into the Borrower that will be required from and simultaneously made by the Bxxxx Co-Tenants. Notwithstanding the foregoing, the Members agree that all Pursuit Costs (as such term is defined in the Cost-Sharing Agreement) previously incurred by a Member or its Affiliate either (i) shall be deemed an Initial Capital Contribution of such Member and reduce the amount otherwise to be contributed by it to the Company or (ii) shall be refunded to such Member by the Borrower such that each of the Co-Tenants bears its pro rata share of such amount.
