The Capital Contribution Sample Clauses

The Capital Contribution. Prior to the date hereof, the LLC has been formed under Nevada law and Dynamic and ACS2 are its sole members. At the Effective Time of the Contribution (as defined in Section 1.4 hereof) and subject to and upon the terms and conditions of this Agreement, Dynamic will contribute to the LLC as a capital contribution all issued and outstanding common stock of the "Dynamic Subsidiaries" (as such term is defined in Section 5.1), and ACS2 will contribute to the LLC as a capital contribution all outstanding common stock of Advanced (the "Advanced Stock"), (collectively, the "Contribution").
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The Capital Contribution. Pursuant to the Cooperation Agreement, Jiangxi Redco, Jiangxi Man Wo and Guozi Zhiye agreed to make capital contributions to the Target Company in the amount of RMB20.0 million, RMB20.8 million and RMB29.2 million, respectively. After completion of the Capital Contribution, the registered capital of the Target Company will be increased from RMB10.0 million to RMB80.0 million and the Target Company will be owned as to 25%, 26% and 49% by Jiangxi Redco, Jiangxi Man Wo and Guozi Zhiye respectively. As the Target Company will be held as to 51% by the Company indirectly, the Target Company will become an indirect non-wholly owned subsidiary of the Company and the financial results of the Target Company will be consolidated to the accounts of the Group. The Capital Contribution shall be completed within 30 calendar days following the date of the Cooperation Agreement. The capital contributions by Jiangxi Redco and Jiangxi Man Wo will be financed by the internal fund of the Company. The cooperation On 5 March 2014, the Target Company had successfully bid for the land use rights to of the land which is located at Lianhua Road in Nanchang, the PRC. The Land is planned for residential and commercial use. After the completion of the Capital Contribution, Jiangxi Redco, Jiangxi Man Wo and Guozi Zhiye shall finance the Land Consideration including land premium, relevant fees and taxes in respect of the Land in proportion to their respective shareholding in the Target Company as provided under the Cooperation Agreement in due course; and the amount for the Land Consideration to be payable by Jiangxi Redco and Jiangxi Man Wo shall be RMB287.7 million. Each of Jiangxi Redco, Jiangxi Man Wo and Guozi Zhiye shall share the profits attributable to it in proportion to its shareholding in the Target Company. Pursuant to the Cooperation Agreement, Jiangxi Man Wo shall be in charge of the daily operations of the Target Company and shall conduct the development of the Land in the name of “Redco”.
Sample 1
The Capital Contribution. In connection with the Investment, the Investor has entered into that certain Capital Call Agreement, dated as of November 20, 2008 (the "Capital Call Agreement"), by and among the Investor, the Company and General Electric Capital Corporation ("GECC"), pursuant to which the Investor has committed to provide the Company periodic capital contributions from and after the consummation of the Investment, in an aggregate amount not to exceed $15,000,000.
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The Capital Contribution. The Funder agrees to pay the Capital Contribution to the Recipient upon the terms of Schedule 2. The Funder and the Recipient agree to comply with the provisions of Schedule 2
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The Capital Contribution. Immediately after the Effective Time, SFG will contribute to the capital of FWB, as its wholly owned direct subsidiary, all of the outstanding capital stock of CBC (the "Capital Contribution"). CBC will then be a wholly owned subsidiary of FWB.
Sample 1
The Capital Contribution. Immediately after the completion and effectiveness of the Merger, each Participating Member (as defined in Section 1.1) shall contribute such Member’s proportional undivided interest in the Distributed Assets to NXLLC (the “Capital Contribution”).
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The Capital Contribution. Evidence that SLC Mexico has made a cash contribution in dollars to the common equity of each Hotel Company in the following amounts:
Sample 1
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Related to The Capital Contribution

  • Capital Contribution Capital Contribution" means any contribution to the capital of the Company in cash or property by the Sole Member pursuant to Article V.

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

  • Member and Capital Contribution The name and the business address of the Member and the amount of cash or other property contributed or to be contributed by the Member to the capital of the Company are set forth on Schedule A attached hereto and shall be listed on the books and records of the Company. The managers of the Company shall be required to update the books and records, and the aforementioned Schedule, from time to time as necessary to accurately reflect the information therein. The Member shall not be required to make any additional contributions of capital to the Company, although the Member may from time to time agree to make additional capital contributions 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.

  • 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.

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

  • 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.

  • 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.

  • Additional Funds and Capital Contributions .. 22 Section 4.4 Stock Option Plan................................... 23 Section 4.5 No Interest; No Return.............................. 24 Section 4.6 Conversion or Redemption of Preferred Shares........ 24

  • 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.

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