Common use of Single Member Capital Contributions Clause in Contracts

Single Member Capital Contributions. (Applies ONLY if Single-Member): The Member(s) may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member(s) shall determine. The Member(s) shall not be obligated to make any Capital Contributions. The Member(s) may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes.

Appears in 50 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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