Value of Capital Contributions Clause Samples

Value of Capital Contributions. The value of any property contributed to the Company by a Member, whether as a Capital Contribution in such person’s capacity as a Member or as a loan in such person’s capacity as a creditor, shall be the value of such property as agreed upon by the Company and the contributing Member in good faith based upon an arm’s length transaction.
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Value of Capital Contributions. The fair market value and the adjusted basis of the contributing Member of any property , other than cash, contributed to the Company by a Member shall be set fo1ih on Schedule A, annexed hereto.
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Related to Value of Capital Contributions

  • Return of Capital Contributions No Partner shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Partnership, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Partner or withdrawn Partner any part of such Partner’s Capital Contribution for so long as the Partnership continues in existence.