Prior Capital Contributions Sample Clauses

Prior Capital Contributions. Upon formation of the Company, LParent on behalf of Lyondell GP and CParent on behalf of CITGO LP, contributed certain Assets to and the Company assumed certain liabilities and obligations, as provided for in the Regulations and the Contribution Agreement. From time to time prior to the Conversion Date, Lyondell GP and CITGO LP, as the two members of the Company, made Capital Contributions and loans to the Company as provided for in the Regulations. Capital Contributions and proceeds of loans made prior to the Conversion Date that were of a specific character or designated for a specific purpose shall retain such character or designation and be subject to the restrictions applicable thereto set forth in the Regulations.
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Prior Capital Contributions. The parties hereto agree that, as of the Effective Time, the respective capital contributions of the Members with respect to their Class A Units, if any, and the number of Units owned by each Member are as set forth on Exhibit A. As of the Effective time, the Members have not made any capital contributions with respect to any Class B Units.
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Prior Capital Contributions. Each Partner has heretofore made Capital Contributions as are reflected in the books and records of the Partnership in the ratio specified for that Partner on Schedule B.
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Prior Capital Contributions. The capital contribution heretofore made by Lazard is $1,000.
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Prior Capital Contributions. Upon the initial formation of the Company as a Texas limited partnership on July 31, 1993, LParent on behalf of Lyondell GP and CParent on behalf of Former CITGO LP, contributed certain Assets to and the Company assumed certain liabilities and obligations, as provided for in the Regulations and the Contribution Agreement. From time to time prior to the Conversion Date, Lyondell GP and Former CITGO LP, as the two members of the Company, made Capital Contributions and loans to the Company as provided for in the Regulations. Capital Contributions and proceeds of loans made prior to the Conversion Date that were of a specific character or designated for a specific purpose and retained such character or designation were subject to the restrictions applicable thereto set forth in the Regulations. Agreed values of property contributed by the Partners up to the Conversion Date are contained on Exhibit B.
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Prior Capital Contributions. Each Member has made capital contributions prior to March 20, 2009, which shall not affect in any manner the Members’ rights to distributions under this Agreement.
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Prior Capital Contributions. Prior to the Effective Time, the Class A Members have made capital contributions to the Company with respect to their Class A Units. As of the Effective Time, the Class B Members have not made any capital contributions to the Company with respect to their Class B Units.
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Related to Prior Capital Contributions

  • Member Capital Contributions (Check One) ☐ - Single Member LLC: The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. ☐ - Multi-Member LLC: Each Member has contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions: $ $ $ Members shall have no right to withdraw or reduce their contributions to the capital of the Company until the Company has been terminated unless otherwise set forth herein. Members shall have no right to demand and receive any distribution from the Company in any form other than cash and members shall not be entitled to interest on their capital contributions to the Company. The liability of any Member for the losses, debts, liabilities and obligations of the Company shall be limited to the amount of the capital contribution of each Member plus any distributions paid to such Member, such Member’s share of any undistributed assets of the Company; and (only to the extent as might be required by applicable law) any amounts previously distributed to such Member by the Company.

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

  • 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.

  • 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.

  • Capital Contributions Distributions 10 SECTION 5.1

  • 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.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

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