Common use of Subsequent Capital Contributions Clause in Contracts

Subsequent Capital Contributions. Members are not obligated to make additional Capital Contributions unless unanimously agreed by all the Members. If subsequent Capital Contributions are unanimously agreed by all the Members in a consent in writing, the Members may make such additional Capital Contributions on a pro rata basis in accordance with each Member’s respective Percentage Interest or as otherwise unanimously agreed by the Members.

Appears in 14 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Subsequent Capital Contributions. Members are not obligated to make additional Capital Contributions unless unanimously agreed by all the Managing Members. If subsequent Capital Contributions are unanimously agreed by all the Managing Members in a consent in writing, the Members may make such additional Capital Contributions on a pro rata basis in accordance with each Member’s respective Percentage Interest or as otherwise unanimously agreed by the Managing Members.

Appears in 1 contract

Sources: Operating Agreement

Subsequent Capital Contributions. Members are not obligated to make additional Capital Contributions unless unanimously agreed by all the Members. If subsequent Capital Contributions are unanimously agreed by all the Members in a consent in writing, the Members may make such additional Capital Contributions on a pro rata basis in accordance with each Member’s 's respective Percentage Interest or as otherwise unanimously agreed by the Members.. Received by NSD/FARA Registration Unit 08/04/2020 9:09:28 AM

Appears in 1 contract

Sources: Limited Liability Company Agreement