Prior Contributions. Prior to the date hereof, the General Partner made certain Capital Contributions to the Partnership in exchange for an interest in the Partnership and has been admitted as the General Partner of the Partnership, and EPC Partners II made certain Capital Contributions to the Partnership in exchange for an interest in the Partnership and has been admitted as a Limited Partner of the Partnership.
Prior Contributions. (a) In connection with formation of the Partnership, the General Partner made certain Capital Contributions to the Partnership in exchange for a 0.01% General Partner interest in the Partnership and was admitted as the General Partner of the Partnership, and each of DFI and Xxx Xxxxxx LLC made certain Capital Contributions to the Partnership in exchange for a 95.0% Limited Partner Interest and a 4.99% Limited Partner Interest, respectively, in the Partnership and were each admitted as a Limited Partner of the Partnership.
Prior Contributions. In connection with the formation of the Company under the Delaware Act, the Managing Member contributed $1,000 to the Company and was admitted as the sole Member of the Company.
Prior Contributions. Prior to the date hereof, the Limited Partner and the General Partner, or their predecessors, have made capital contributions to the Partnership.
Prior Contributions. The Target Benefit shall be reduced by the contributions previously made by the Corporation plus the following assumed rate of earnings:
Prior Contributions. Prior to the date hereof, the Members, or their predecessors, have made capital contributions to the Company’s predecessor.
Prior Contributions. As of the Effective Date, the Members listed on Schedule II have made Capital Contributions to the Company in exchange for Preferred Units as set forth opposite such Member’s name in Schedule II.
Prior Contributions. The Plan used to permit, but no longer does, the following contributions (choose all that apply, if any):
Prior Contributions. The Members acknowledge that each Member has made, as of the date of this Agreement, capital contributions equal to its Proportionate Share of the total of each category of capital contributions required to be made by the Members as of the data of this Agreement, as set forth on Exhibit A attached hereto (the “Initial Capital Contributions”); provided, it is acknowledged by the Members that the reconciliation of the Members’ respective prior expenses, and the provision of substantiation for such expenses to the other Members, has only been completed as of the date of this Agreement. Accordingly, the Member that, as a result of such reconciliation, is required to make a payment hereby covenants and agrees to make such payment in current funds within fifteen (15) days following the date hereof. In addition to the Initial Capital Contributions by each Member, Beazer is contributing to the Company contemporaneously herewith all of its Contract Rights, which contribution of Contract Rights shall be effective automatically upon its execution of this Agreement, without the necessity of any additional instrument of assignment or transfer. The Members agree that the contribution of the Contract Rights shall have a zero value and no amount shall be credited to Beazer’s Capital Account by reason of the contribution of the Contract Rights. Additionally, Centex is contributing to the Company contemporaneously herewith all of its Contract Rights, which contribution of Contract Rights shall be effective automatically upon its execution of this Agreement, without the necessity of any additional instrument of assignment or transfer. The Members agree that the contribution of the Contract Rights shall have a zero value and no amount shall be credited to Centex’s Capital Account by reason of the contribution of the Contract Rights. All goods and services furnished under the Service Contracts shall have been paid for in full, all such payments being included within the Initial Capital Contributions referenced above.
Prior Contributions. Prior to the date hereof, the Predecessor General Partner made certain Capital Contributions to the Partnership in exchange for an interest in the Partnership and was admitted as the Predecessor General Partner of the Partnership, and DFI made certain Capital Contributions to the Partnership in exchange for an interest in the Partnership and was admitted as a Limited Partner of the Partnership. As of the date hereof, (i) the General Partner Interest of the Predecessor General Partner has been assumed initially by Holdings as successor by merger to Enterprise Products GP, LLC, Holdings was admitted to the Partnership as the general partner of the Partnership immediately prior to such merger, and the Partnership continued without dissolution, and (ii) the General Partner Interest, as amended by this Agreement, has been assigned and assumed by the General Partner pursuant to the Holdings Merger, subject to all of the rights, privileges and duties of the General Partner under this Agreement, the General Partner is hereby admitted to the Partnership as the sole general partner of the Partnership effective immediately prior to the transfer of the General Partner’s Partnership Interest pursuant to Holdings Merger in accordance with Sections 4.6 and 10.3, and the Partnership continues without dissolution.
