Return of Initial Capital Contributions Sample Clauses

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Return of Initial Capital Contributions. So long as the Manager does not elect to reinvest Capital Contributions, upon the sale or other disposition (such as pay off) of the Company’s loans, the Manager shall distribute and return to the Class A Members the full amount, or such portion of, each Class A Member’s initial capital contribution as the Manager shall determine in the Manager’s sole and reasonable discretion taking into account such factors as anticipated current and future cash requirements of the Company. The Manager intends use proceeds from such dispositions to finance further lending activities in accordance with the objectives of the Company. The Manager may, in the Manager’s sole and reasonable discretion, distribute to each Class A Member, on a quarterly basis, an amount of cash necessary to provide each Class A Member with a pre-tax non-cumulative annual return of eight percent (8.0%) non-compounding return on the outstanding amount of each such Class A Member’s initial Capital Contribution.
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Return of Initial Capital Contributions. The Partnership hereby refunds and distributes (i) to Holdings the initial capital contribution made by Holdings to the Partnership along with 97.0% of any interest or profit that resulted from the investment or other use of such capital contribution, (ii) to RRMC the initial capital contribution made by RRMC to the Partnership along with 1.0% of any interest or profit that resulted from the investment or other use of such capital contribution and (iii) to the General Partner the initial capital contribution made by the General Partner to the Partnership along with 2.0% of any interest or profit that resulted from the investment or other use of such capital contribution.
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Return of Initial Capital Contributions. To each of the Members, their initial capital contributions made under SECTION 3.2(A) above.
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Related to Return of Initial Capital Contributions

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member 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 limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.