Initial Capital Contributions and Interests Sample Clauses
The "Initial Capital Contributions and Interests" clause defines the amount of money or assets that each party must contribute to a business or partnership at the outset and specifies the ownership interests or shares each party receives in return. Typically, this clause outlines the timing, form, and value of each contribution, and may detail how these initial investments translate into percentage ownership or voting rights. Its core function is to ensure clarity and fairness in the allocation of ownership and financial responsibility among the parties from the very beginning of the business relationship.
Initial Capital Contributions and Interests. The deemed initial Capital Contributions of the Members will be the amount set forth opposite each Member’s name on Exhibit A, which is attached hereto and incorporated by reference herein. The initial Interest of each Member is set forth opposite each Member’s name on Exhibit A. Each Member is deemed to have contributed the initial Capital Contribution set forth opposite such Member’s name on Exhibit A at such time as the Board of Managers shall determine, in return for such Member’s initial Interest. Interests may be changed from time to time in accordance with this Agreement.
Initial Capital Contributions and Interests. Each Member shall make the “Initial Capital Contribution” described for that Member on Exhibit A attached to this Agreement at the time and on the terms specified thereon and shall have the initial Sharing Ratio as set forth for such Member on Exhibit A.
Initial Capital Contributions and Interests. The Managing Member has made an initial Capital Contribution to the capital of the Company. On the date hereof the Managing Member owns all of the interests in the Company.
Initial Capital Contributions and Interests. The initial capital contribution of the Member shall be $0.00. On the date hereof, the Member owns a 100% interest in the Company.
Initial Capital Contributions and Interests