Sacramento California Clauses Relating to Initial Capital contributions

Name: Sacramento California Clauses Relating to Initial Capital contributions
Brand: US Legal Forms
Rating: 4.58 (211 reviews)

Category:

Partnerships - Drafting Joint Venture Agreements

State:

Multi-State

County:

Sacramento

Control #:

US-P0607-1BAM

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Instant download

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This sample form, containing Clauses Relating to Initial Capital contributions document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.

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No Member shall have any obligation to make any Capital Contributions to the Company other than as expressly set forth herein.

Business Law Definition In business and partnership law, contribution may refer to a capital contribution, which is an amount of money or assets given to a business or partnership by one of the owners or partners. The capital contribution increases the owner or partner's equity interest in the entity.

Initial Contribution means the first contribution (if any) of Receivables and Receivables Assets related thereto, made pursuant to Section 2.01 of the Contribution Agreement.

Forms of LLC Capital Contributions If your capital contribution will be in the form of cash, making the contribution is generally as easy as making out a check from your personal funds to the LLC. Capital contributions, however, also can be in the form of property or services.

Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.

An initial capital contribution is commonly seen as being given in exchange for membership in an LLC. However, while not typical, a person could contribute something to a company without being given membership, and a person could also be given membership without making any contribution.

Capital is defined as the cash or assets in an LLC (or any type of entity for that matter). Capital can include cash, accounts receivable, equipment, and even physical property. Naturally, putting the words together, a capital contribution is a member's contribution of assets, usually cash, into the LLC.

A capital contribution agreement is a contract between two or more parties that outlines the conditions of an investment made by one party into another. This legal document outlines how the funds will be used and who will benefit from it and what happens if any obligations are not met.

Cash or assets given to an entity in exchange for an equity interest or as part of an ongoing obligation, or capital commitment, to fund the entity. For example, a capital contribution is often made in exchange for additional common stock, partnership interests or limited liability company interests of an entity.

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Contributions to the Firm's Foundation in the form of equity investments, as well as higher revenuerelated expense. California is the fifth largest economy in the world and the wealthiest state in the nation.9.Capital Contributions. Subtitle C--Deauthorizations, Modifications, and Related Provisions Sec. Find general resources for landlords participating in the HCV program here. Hemprelated businesses; and iv. Negotiation Dashboards. In a funding environment that has fundamentally and irrevocably changed. July 2014 such as quantities, costs, permitting, funding, and schedule were included in the descriptions at. Details for completing the form are explained on the reverse side of the form. 7.

Subtitle D--Unfunded Requirements of CV Program Section. It is the sense of Congress that all amounts of this Title being received should be paid into the United States Treasury. 8. Subtitle E--Improper Payments to State and Local Government for Federal Programs Sec. 101. Subtitle F--Improper Payments to the Department of Defense and Department of Agriculture Sec. 111. Definitions. Sec. 112. Amounts received from State and Local governments for Department of Agriculture and Department of Defense related projects should be paid into the Treasury. Sec. 113. Improper Payments Notified via Electronic Funds Transfer. 9. Subtitle G--Improper Payments to the Department of Defense Sec. 121. Definitions. [[Page 124 STAT. 498]] Sec. 122. Amounts received from State and Local governments for Department of Defense related projects should be paid into the Treasury. Sec. 123. Improper Payments Notification Methods. 10. Subtitle H--Improper Payments to the Department of Commerce Sec.

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Sacramento California Clauses Relating to Initial Capital contributions

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