Capital Contributions definition
Examples of Capital Contributions in a sentence
The Member shall make Capital Contributions to the Company in its sole discretion as to timing and amount.
Neither the Member nor any Series Member shall be entitled to interest on its Capital Contributions or to return of any of its Capital Contributions.
A Member is not entitled (a) to the return of any Capital Contribution or (b) to be paid interest in respect of its Capital Contributions.
A Member is not required to contribute or to lend any cash or property to the Company to enable the Company to return any other Member’s Capital Contributions.
In exchange for each Capital Contribution made by a Member pursuant to a Capital Call Notice (including any Capital Contributions made by a Funding Member in respect of such Capital Contribution Shortfall pursuant to Section 5.4(b)), the Company shall issue to such Member a number of additional Class A-1 Units equal to the quotient obtained by dividing (x) the aggregate amount of such Capital Contribution by (y) the Unit Value as of the date of such Capital Contribution.