Timberline Initial Contribution Sample Clauses

Timberline Initial Contribution. As its Initial Contribution, Timberline has contributed to the Company as of the Effective Date all of its right, title and interest in and to the Properties, the Underlying Agreements and the Existing Data described on Exhibit A. The Members agree that the fair market value of Timberline’s Initial Contribution as of the Effective Date equals $5,800,000.