Common use of Members Capital Contributions Clause in Contracts

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.

Appears in 10 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Members Capital Contributions. Each Member shall contribute the amount as pledged, or as determined by the Manager trustee and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Managertrustee. An Exhibit A may be amended from time to time by the Manager trustee 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 Companytrust. The Manager trustee may instead maintain the Capital Contributions, capital accounts accounts, and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

Appears in 1 contract

Samples: Operating Agreement

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