Original Capital Contribution definition

Original Capital Contribution means the amount of $20.00 for each Share, which amount shall be attributed to such Share in the hands of subsequent holders thereof.

Original Capital Contribution means, with respect to each Member, the Capital Contribution made by such Member pursuant to Section 6.2, reduced by the amount of any liabilities of such Member that are (i) assumed by the Company in connection with such Capital Contribution or (ii) secured by any property contributed by such Member to the Company as a part of such Capital Contribution.

Original Capital Contribution means, with respect to each Partner, the Capital Contribution made by such Partner pursuant to the Transaction Agreement and Section 3.01 or Section 3.02 (as the case may be).

Examples of Original Capital Contribution in a sentence

• No Limited Partner shall be obligated to provide any contributions to the Partnership other than the Original Capital Contribution (as defined in Section 9.02 below) of such Limited Partner.

• Unless otherwise determined by the General Partners in their absolute discretion, the Original Capital Contribution of any Limited Partner other than the Special Limited Partner shall be in an amount that is not less than $1,000,000, and any Additional Capital Contribution of any Limited Partner shall be in an amount which is not less than $250,000.

• The Original Capital Contribution of each Partner consists of the contributions of cash and Property made by such Partner pursuant to the terms of the Prior Partnership Agreement prior to January 1, 1996.

• It is an investment and development vehicle jointly controlled by the Korys/Colruyt Group and PMV, which are active in the retail of daily consumer goods and the retail sale of motor vehicle fuel in specialised stores and in investments in several areas including energy, respectively.

• The Capital Account of each Ordinary Partner shall be debited for the amount of the Original Capital Contribution and any Subsequent Capital Contribution returned to the Ordinary Partner by the Partnership.

More Definitions of Original Capital Contribution

Original Capital Contribution means, with respect to each Partner, the Capital Contributions made by such Partner prior to January 1, 1996. In the event all or a portion of an Interest is Transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Original Capital Contribution of the transferor to the extent it relates to the Transferred Interest.

Original Capital Contribution means, with respect to any Member, any Capital Contribution provided by such Member as of the Effective Date.

Original Capital Contribution means, with respect to each Partner, the Capital Contribution to be made by such Partner pursuant to Section 2.2. In the event all or a portion of an Interest or Special Interest is Transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Original Capital Contribution of the transferor to the extent it relates to the Transferred Interest or Special Interest.

Original Capital Contribution means, in the case of a Class A Member, the aggregate capital contribution made to the Company by such Member, and, in the case of the Class M Member, $100.

Original Capital Contribution means, with respect to each Partner, the Capital Contribution made by such Partner pursuant to Section 3.1 or Section 3.2 hereof, as the case may be, reduced by the amount of any liabilities of such Partner assumed by the Partnership in connection with such Capital Contribution or which are secured by any property contributed by such Partner to the Partnership as a part of such Capital Contribution.

Original Capital Contribution means the amount initially contributed by the Ordinary Partners through the subscription for Units pursuant to the provisions of Section 4.1 hereof;

Original Capital Contribution means with respect to Members owning Membership Interests as of the effective date of this Operating Agreement, the amount assigned to such Member as his Original Capital Contribution as identified on the books and records of the Company, and further described therein.