Common use of Members Capital Contributions Clause in Contracts

Members Capital Contributions. a.) Single Member Capital Contributions (Applies ONLY if Single-Member): The Member is able to make a contribution of capital in the amount and at the time the Member determines. The Member is not required or in any way obligated to make contributions to the Company (each instance being a “Capital Contribution”). The Member has the authority to take distributions of capital from the Company in line with any limitations set forth by the Statutes.

Appears in 7 contracts

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

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Members Capital Contributions. a.a) Single Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member is able to may make a contribution of such capital in the amount and at the time the Member determines. The Member is not required or in any way obligated to make contributions to the Company (each instance being a “Capital Contribution”)) in such amounts and at such times as the Member shall determine. The Member has the authority 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 Company in line with any limitations set forth imposed by the Statutes.

Appears in 6 contracts

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

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